Tower International Balance Sheet - Quarterly (NYSE:TOWR)

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$32.75 $0.15 (0.46%) TOWR stock closing price Jul 13, 2018 (Closing)

The Tower International 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. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Tower International stock analysis, and provides insights into the firm's financial performance. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Tower International had a long term debt of $344.21M at the end of 2018 Q1. To understand the debt servicing capacity of the company, one needs to look at Tower International operating cash flow and Tower International revenue also. Tower International debt to equity ratio is 1.29.

View and download Tower International quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Cash65.6M123.68M43.59M54.79M27.52M62.78M47.21M51.77M74.79M142.64M
Marketable Securities----------
Receivables333.69M239.31M272.74M253.13M250.09M178.25M242.33M256.68M288.64M250.93M
Inventory86.69M78.74M81.12M74.96M75.49M71.71M77.4M70.63M76.45M70.63M
Raw Materials41.77M33.92M38.5M33.63M34.59M31.99M35.29M32.92M35.94M33.98M
Work In Progress18.21M16.11M16.8M15.59M17.76M14.72M16.85M14.7M16.47M14.49M
Finished Goods26.71M28.7M25.8M25.73M23.12M24.99M25.25M23M24.03M22.14M
Notes Receivable----------
Other Current Assets124.18M122.73M165.56M178.75M234.39M205.27M238.57M195.4M78.11M71.48M
Total Current Assets
610.17M564.48M563.03M561.65M587.5M518.02M605.52M574.5M518.01M535.69M
Property Plant & Equipment-1.29B---1.12B---1.14B
Accumulated Depreciation-758.44M---658.84M---665.87M
Net Property Plant & Equipment
554.54M535.27M514.13M495.84M472.49M465.56M452.54M461.48M495.16M473.15M
Investment & Advances--------7.7M7.71M
Other Non-Current Assets----------
Deferred Charges82.21M83.03M114.39M116.91M117.03M112.64M119.58M119.55M128.4M127.63M
Intangibles65.73M63.66M63.4M61.66M57.76M56.38M60.21M59.94M61.82M59.34M
Deposits & Other Assets14.76M13.64M12.11M10.46M10.92M9.9M8.86M7.54M12.44M11.96M
Total Assets
1.33B1.26B1.27B1.25B1.25B1.16B1.25B1.22B1.22B1.22B
Notes Payable----------
Accounts Payable350.89M323.27M300.29M273.62M280.1M258.12M292.22M296.73M314.49M297.66M
Current Portion Long-Term Debt-42.04M--------
Current Portion Capital Leases31.78M-42.85M51.02M39.73M34.21M35.38M32.63M40.99M30.37M
Accrued Expenses142.54M113.94M117.3M125.64M121.8M114.07M110.91M103M127.5M107.91M
Income Taxes Payable----------
Other Current Liabilities17.22M17.33M16.81M16.9M48.29M53.31M51.35M49.1M--
Total Current Liabilities
542.45M496.6M477.26M467.2M489.93M459.72M489.87M481.47M482.99M435.95M
Mortgages----------
Deferred Taxes/Income4.91M4.8M5.53M5.35M5.1M5.59M6.58M6.6M6.14M6.16M
Convertible Debt----------
Long-Term Debt344.21M344.73M361.73M375.56M389.9M351.23M399.05M382.82M362.4M412.21M
Non-Current Capital Leases-----4.86M5.44M5.62M6.01M5.98M
Other Long-Term Liabilities144.22M144.07M148.79M143.22M123.83M127.16M136.22M135.66M146.85M148.45M
Total Liabilities
1.04B990.22M993.32M991.34M1.01B948.58M1.04B1.01B1B1.01B
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus344.96M344.15M343.37M342.77M342.06M340.62M339.47M338.92M338.39M337.86M
Retained Earnings40.69M29.71M36.04M23.37M6.41M-14.02M-28.67M-44.72M-37.76M-44.03M
Treasury Stock36.88M36.4M36.4M36.4M36.4M35.64M34.6M16.68M16.68M16.06M
Other Liabilities-57.38M-67.8M-69.46M-74.75M-75.36M-77.23M-66.87M-66.89M-65.02M-71.26M
Shareholders Equity291.62M269.87M273.76M255.2M236.92M213.93M209.55M210.84M219.13M206.71M
Total Liabilities & Shareholders Equity1.33B1.26B1.27B1.25B1.25B1.16B1.25B1.22B1.22B1.22B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Tower International stock price by looking at Tower International historical stock prices. One can compare PE with industry average by looking at the Tower International PE ratio chart. The common balance sheet items are:

  • Assets: An asset is a resource that a corporation like Tower International owns and has monetary significance. TOWR assets grew from $1.26B in 2017 Q4 to $1.33B in 2018 Q1. 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: This item on the balance sheet implies the firm's, in this case Tower International's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for TOWR stock stand at $1.04B.

Tower International Balance Sheet - Key Ratios

Current ratio
1.13
Debt to equity ratio
1.29
Asset turnover ratio
1.74
Receivables turnover
7.61
Price to book ratio
2.53

Quarterly Balance Sheets For Tower International Inc Peers

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