Titan Machinery Balance Sheet - Annual (NASDAQ:TITN)

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$14.38 $0.32 (2.28%) TITN stock closing price Aug 17, 2018 (Closing)

The Titan Machinery balance sheet is a snapshot of the company's financial health at a given point of time, whereas the other two financial statements are for a particular accounting period. All three financial statements should be used to measure the financial performance of the company, and should form a part of the Titan Machinery stock analysis. A company releases its balance sheet every year along with its annual results. The Titan Machinery balance sheet for 2018 shows total assets of $760.3M. The company has a asset turnover ratio of 1.25. Also see: Titan Machinery revenue and Titan Machinery operating cash flow for the same year.

View latest 10 year balance sheet data to check Titan Machinery financial performance.
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Quarterly
Annual
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Fiscal year is Feb - Jan2018201720162015201420132012201120102009
Cash53.39M53.15M89.46M127.52M74.24M124.36M79.84M76.11M76.18M41.04M
Marketable Securities---------44.99M
Receivables60.84M65.46M69.56M76.54M98.74M122.28M85.65M44.94M23.84M21.05M
Inventory472.46M478.26M689.46M879.44M1.08B929.21M748.04M429.84M347.58M241.09M
Raw Materials----------
Work In Progress1.34M-10.37M10.25M10.03M7.95M6.61M5.02M2.89M2.94M
Finished Goods471.11M477.39M679.09M869.18M1.07B921.26M741.43M424.81M344.68M238.14M
Notes Receivable----------
Other Current Assets12.44M10.98M9.75M44.97M38.41M16.53M7.47M4.25M3.27M1.95M
Total Current Assets
599.14M607.86M858.24M1.13B1.29B1.19B921.02M555.15M450.88M350.15M
Property Plant & Equipment285.29M282.41M298.95M312.75M308.91M250.12M162.08M90.59M65.12M57.1M
Accumulated Depreciation134.24M125.76M115.77M104.07M80.91M55.47M35.79M25.22M18.52M11.83M
Net Property Plant & Equipment
151.04M156.64M183.17M208.68M228M194.64M126.28M65.37M46.6M45.26M
Investment & Advances----------
Other Non-Current Assets----5.09M3.5M2.79M2.4M1.64M1.5M
Deferred Charges3.47M---------
Intangibles5.19M5M5.13M5.45M36.5M44.99M35.19M23.12M15.05M12.83M
Deposits & Other Assets1.45M1.35M1.31M7.12M7.66M8.53M2.77M2.79M--
Total Assets
760.3M771.42M1.05B1.35B1.56B1.44B1.09B648.84M514.81M410.24M
Notes Payable247.39M233.22M444.78M627.24M750.53M689.41M552.42M320.8M249.87M166.48M
Accounts Payable15.13M17.32M16.86M17.65M23.71M28.28M28.42M15.95M12.35M18.65M
Current Portion Long-Term Debt1.57M1.37M1.55M7.74M2.19M10.56M4.75M4.2M7.21M7.62M
Current Portion Capital Leases----------
Accrued Expenses31.86M30.53M28.91M35.49M36.96M29.59M26.73M16.81M9.87M8.3M
Income Taxes Payable---3.52M---2.09M--
Other Current Liabilities32.32M26.36M31.15M37.92M61.28M46.77M49.54M28.18M12.97M15.15M
Total Current Liabilities
328.28M308.82M523.42M729.6M875.03M804.93M661.88M388.05M292.28M216.22M
Mortgages----------
Deferred Taxes/Income2.27M9.5M11.13M38.99M47.32M47.41M28.59M9.01M6.35M3.5M
Convertible Debt62.81M88.5M134.14M132.35M128.89M125.66M----
Long-Term Debt34.57M38.23M38.4M67.12M95.53M56.59M57.4M33.4M21.85M14.8M
Non-Current Capital Leases----------
Other Long-Term Liabilities10.49M5.18M2.41M3.31M6.51M9.55M2.85M3.81M3.79M1.94M
Total Liabilities
438.45M450.24M709.52M971.38M1.15B1.04B750.73M434.28M324.28M236.48M
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus246.5M240.61M242.49M240.18M238.85M236.52M218.15M140.46M138.77M137.75M
Retained Earnings77.04M85.34M99.52M137.41M169.57M160.72M118.25M74.09M51.74M36.01M
Treasury Stock----------
Other Liabilities-1.7M-4.78M-3.66M-2.91M2.67M----
Shareholders Equity321.85M321.17M338.34M378.35M411.34M399.91M337.33M214.55M190.52M173.76M
Total Liabilities & Shareholders Equity760.3M771.42M1.05B1.35B1.56B1.44B1.09B648.84M514.81M410.24M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at Titan Machinery historical stock prices and the current Titan Machinery stock price can tell you how the stock price has moved, whereas the Titan Machinery PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:

  • Assets: An asset is a resource that a corporation like Titan Machinery owns and has monetary significance. TITN assets decreased from $771.42M in 2017 to $760.3M in 2018. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities: The total liabilities of Titan Machinery for the year 2018 total to $438.45M. Liabilities for a company like Titan Machinery include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Titan Machinery Balance Sheet - Key Ratios

Current ratio
1.66
Debt to equity ratio
1.04
Asset turnover ratio
1.25
Receivables turnover
17.48
Price to book ratio
0.98