Titan International
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Titan International's balance sheet done over the years? Its assets were worth $1,289,245,000 last year, which is more than in the previous period. 64% of Titan International’s total assets is currently financed by debt. Its liabilities reached the amount of $821,830,000, which means an decrease by -9% compared compared to last year.
Debt to Assets
| 2014 | 1495724000 | 905.66M | 60.55% |
|---|---|---|---|
| 2015 | 1275191000 | 930.50M | 72.97% |
| 2016 | 1262951000 | 973.01M | 77.04% |
| 2017 | 1290112000 | 980.02M | 75.96% |
| 2018 | 1251256000 | 981.15M | 78.41% |
| 2019 | 1114307000 | 875.31M | 78.55% |
| 2020 | 1031884000 | 855.61M | 82.92% |
| 2021 | 1182685000 | 955.51M | 80.79% |
| 2022 | 1284630000 | 901.49M | 70.18% |
| 2023 | 1289245000 | 821.83M | 63.75% |
TWI Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 220.25M | 159.57M | 98.10M | 117.43M | 66.79M | 81.68M | 143.57M | 147.82M | 200.18M | 201.45M |
Short term investments | 0 | 1.38M | 1.29M | 651K | 578K | 4.23M | 12.39M | 50M | 66K | 0 |
Net receivables | 234.4M | 266.75M | 255.18M | 193.01M | 185.23M | 241.83M | 226.70M | 179.38M | 177.38M | 199.37M |
Inventory | 365.15M | 397.22M | 392.61M | 293.67M | 333.35M | 395.73M | 339.83M | 269.29M | 269.79M | 331.43M |
Other current assets | 56.97M | 86.07M | 67.40M | 54.47M | 58.86M | 60.22M | 51.49M | 79.73M | 54.36M | 75.19M |
Total current assets | 876.78M | 909.62M | 813.30M | 658.59M | 644.26M | 779.48M | 783.19M | 726.23M | 710.00M | 835.93M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 333.64M | 305.53M | 322.05M | 344.21M | 398.71M | 384.87M | 421.24M | 437.20M | 450.02M | 527.41M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 7.26M | 7.07M | 8.20M | 12.76M | 20.57M | 19.35M | 15.96M | 20.20M | 17.79M | 23.68M |
Long term investments | 7.12M | 6.94M | 6.52M | 5.60M | 38.95M | 51.21M | 51.90M | 53.58M | 52.03M | 53.38M |
Other non-current assets | 26.38M | 16.70M | 15.77M | 8.11M | 9.47M | 13.45M | 14.02M | 21.06M | 39.37M | 39.68M |
Total non-current assets | 412.46M | 375.00M | 369.38M | 373.28M | 470.04M | 471.77M | 506.91M | 536.71M | 565.19M | 659.79M |
Total assets | 1.28B | 1.28B | 1.18B | 1.03B | 1.11B | 1.25B | 1.29B | 1.26B | 1.27B | 1.49B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 19.99M | 38.73M | 4.38M | 1.94M | 6.39M | 8.39M | 4.96M | 0 | 0 | 0 |
Short term debt | 21.93M | 30.85M | 32.5M | 31.11M | 61.25M | 51.88M | 43.65M | 97.41M | 32.42M | 27.75M |
Total current liabilities | 372.37M | 446.16M | 450.81M | 329.71M | 327.15M | 375.06M | 372.92M | 366.10M | 270.09M | 301.55M |
| Non-current liabilities: | ||||||||||
Long term debt | 415.33M | 414.76M | 452.45M | 433.58M | 443.34M | 409.57M | 407.17M | 408.76M | 476.11M | 498.25M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 19.50M | 33.72M | 39.25M | 63.42M | 73.14M | 67.29M | 73.19M | 80.16M | 169.78M | 87.27M |
Total non-current liabilities | 449.45M | 455.33M | 504.7M | 525.90M | 548.16M | 606.09M | 607.10M | 606.91M | 660.41M | 604.11M |
Total liabilities | 821.83M | 901.49M | 955.51M | 855.61M | 875.31M | 981.15M | 980.02M | 973.01M | 930.50M | 905.66M |
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