Titan Net Debt vs Capital Surpluse Analysis

TITN Stock

USD 15.13 0.66 4.56%

Titan Machinery financial indicator trend analysis is much more than just breaking down Titan Machinery prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Titan Machinery is a good investment. Please check the relationship between Titan Machinery Net Debt and its Capital Surpluse accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan Machinery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Titan Stock, please use our How to Invest in Titan Machinery guide.

Net Debt vs Capital Surpluse

Net Debt vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Titan Machinery Net Debt account and Capital Surpluse. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Titan Machinery's Net Debt and Capital Surpluse is 0.45. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Titan Machinery, assuming nothing else is changed. The correlation between historical values of Titan Machinery's Net Debt and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Titan Machinery are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Debt i.e., Titan Machinery's Net Debt and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Capital Surpluse

Most indicators from Titan Machinery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Titan Machinery current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan Machinery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Titan Stock, please use our How to Invest in Titan Machinery guide.At this time, Titan Machinery's Tax Provision is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value is likely to grow to about 1.6 B, while Selling General Administrative is likely to drop about 26.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	332.7M	439.8M	531.4M	557.9M
Total Revenue	1.7B	2.2B	2.8B	2.9B

Gross Profit Total Revenue

Titan Machinery fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Property Plant And Equipment Net	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Good Will	Other Current Assets	Property Plant And Equipment Gross
Total Assets		0.95	0.81	0.98	0.9	0.6	0.94	0.84	0.28	-0.02	0.28	0.93	0.48	0.61	0.99	0.47	0.98	0.99	0.93	0.87	0.87	0.92	0.37	0.85	0.54	0.61
Short Long Term Debt Total	0.95		0.6	0.97	0.72	0.34	0.99	0.66	0.26	0.16	0.26	0.82	0.35	0.66	0.98	0.34	0.99	0.97	0.99	0.7	0.7	0.76	0.52	0.77	0.31	0.46
Other Current Liab	0.81	0.6		0.72	0.96	0.86	0.61	0.88	0.14	-0.45	0.14	0.82	0.5	0.28	0.73	0.5	0.7	0.74	0.59	0.96	0.94	0.95	-0.09	0.76	0.83	0.69
Total Current Liabilities	0.98	0.97	0.72		0.81	0.5	0.97	0.79	0.21	0.03	0.21	0.88	0.35	0.54	0.99	0.34	0.99	0.98	0.98	0.78	0.82	0.85	0.39	0.87	0.45	0.48
Total Stockholder Equity	0.9	0.72	0.96	0.81		0.82	0.71	0.93	0.22	-0.31	0.22	0.93	0.61	0.41	0.83	0.6	0.8	0.85	0.7	0.96	0.93	0.97	0.05	0.8	0.74	0.72
Current Deferred Revenue	0.6	0.34	0.86	0.5	0.82		0.32	0.83	0.24	-0.35	0.24	0.72	0.41	0.18	0.49	0.41	0.48	0.53	0.32	0.79	0.83	0.79	-0.11	0.64	0.91	0.66
Net Debt	0.94	0.99	0.61	0.97	0.71	0.32		0.67	0.15	0.11	0.15	0.79	0.3	0.61	0.98	0.28	0.98	0.96	0.99	0.7	0.72	0.77	0.48	0.8	0.29	0.42
Accounts Payable	0.84	0.66	0.88	0.79	0.93	0.83	0.67		0.12	-0.27	0.12	0.9	0.42	0.3	0.79	0.41	0.76	0.8	0.67	0.85	0.95	0.91	0.03	0.9	0.67	0.59
Cash	0.28	0.26	0.14	0.21	0.22	0.24	0.15	0.12		0.31	1.0	0.38	0.48	0.54	0.2	0.47	0.29	0.31	0.19	0.2	0.04	0.13	0.39	-0.05	0.26	0.32
Other Assets	-0.02	0.16	-0.45	0.03	-0.31	-0.35	0.11	-0.27	0.31		0.31	-0.04	-0.05	0.46	0.03	-0.04	0.1	0.06	0.13	-0.31	-0.35	-0.29	0.86	-0.19	-0.4	-0.08
Cash And Short Term Investments	0.28	0.26	0.14	0.21	0.22	0.24	0.15	0.12	1.0	0.31		0.38	0.48	0.54	0.2	0.47	0.29	0.31	0.19	0.2	0.04	0.13	0.39	-0.05	0.26	0.32
Net Receivables	0.93	0.82	0.82	0.88	0.93	0.72	0.79	0.9	0.38	-0.04	0.38		0.59	0.51	0.88	0.58	0.88	0.91	0.81	0.86	0.85	0.9	0.29	0.82	0.63	0.65
Common Stock Shares Outstanding	0.48	0.35	0.5	0.35	0.61	0.41	0.3	0.42	0.48	-0.05	0.48	0.59		0.52	0.41	1.0	0.4	0.47	0.29	0.57	0.3	0.46	0.08	0.11	0.34	0.78
Non Current Liabilities Total	0.61	0.66	0.28	0.54	0.41	0.18	0.61	0.3	0.54	0.46	0.54	0.51	0.52		0.6	0.52	0.65	0.64	0.56	0.47	0.29	0.42	0.75	0.25	0.13	0.65
Inventory	0.99	0.98	0.73	0.99	0.83	0.49	0.98	0.79	0.2	0.03	0.2	0.88	0.41	0.6		0.39	0.99	0.99	0.97	0.8	0.82	0.86	0.41	0.85	0.42	0.52
Other Stockholder Equity	0.47	0.34	0.5	0.34	0.6	0.41	0.28	0.41	0.47	-0.04	0.47	0.58	1.0	0.52	0.39		0.38	0.45	0.27	0.57	0.29	0.46	0.07	0.09	0.34	0.79
Total Liab	0.98	0.99	0.7	0.99	0.8	0.48	0.98	0.76	0.29	0.1	0.29	0.88	0.4	0.65	0.99	0.38		0.99	0.98	0.79	0.79	0.84	0.48	0.82	0.43	0.53
Total Current Assets	0.99	0.97	0.74	0.98	0.85	0.53	0.96	0.8	0.31	0.06	0.31	0.91	0.47	0.64	0.99	0.45	0.99		0.96	0.81	0.81	0.86	0.43	0.82	0.46	0.57
Short Term Debt	0.93	0.99	0.59	0.98	0.7	0.32	0.99	0.67	0.19	0.13	0.19	0.81	0.29	0.56	0.97	0.27	0.98	0.96		0.67	0.7	0.75	0.47	0.8	0.29	0.38
Property Plant And Equipment Net	0.87	0.7	0.96	0.78	0.96	0.79	0.7	0.85	0.2	-0.31	0.2	0.86	0.57	0.47	0.8	0.57	0.79	0.81	0.67		0.9	0.98	0.07	0.74	0.76	0.78
Retained Earnings	0.87	0.7	0.94	0.82	0.93	0.83	0.72	0.95	0.04	-0.35	0.04	0.85	0.3	0.29	0.82	0.29	0.79	0.81	0.7	0.9		0.96	0.03	0.93	0.74	0.57
Non Current Assets Total	0.92	0.76	0.95	0.85	0.97	0.79	0.77	0.91	0.13	-0.29	0.13	0.9	0.46	0.42	0.86	0.46	0.84	0.86	0.75	0.98	0.96		0.1	0.86	0.75	0.69
Non Currrent Assets Other	0.37	0.52	-0.09	0.39	0.05	-0.11	0.48	0.03	0.39	0.86	0.39	0.29	0.08	0.75	0.41	0.07	0.48	0.43	0.47	0.07	0.03	0.1		0.15	-0.13	0.16
Good Will	0.85	0.77	0.76	0.87	0.8	0.64	0.8	0.9	-0.05	-0.19	-0.05	0.82	0.11	0.25	0.85	0.09	0.82	0.82	0.8	0.74	0.93	0.86	0.15		0.55	0.36
Other Current Assets	0.54	0.31	0.83	0.45	0.74	0.91	0.29	0.67	0.26	-0.4	0.26	0.63	0.34	0.13	0.42	0.34	0.43	0.46	0.29	0.76	0.74	0.75	-0.13	0.55		0.56
Property Plant And Equipment Gross	0.61	0.46	0.69	0.48	0.72	0.66	0.42	0.59	0.32	-0.08	0.32	0.65	0.78	0.65	0.52	0.79	0.53	0.57	0.38	0.78	0.57	0.69	0.16	0.36	0.56

Click cells to compare fundamentals

Titan Machinery Account Relationship Matchups

Titan Machinery fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	975.3M	815.8M	946.7M	1.2B	2.0B	2.1B
Short Long Term Debt Total	524.0M	296.7M	281.3M	413.9M	1.1B	1.1B
Other Current Liab	38.4M	39.0M	51.9M	58.2M	74.4M	78.1M
Total Current Liabilities	494.2M	317.5M	374.7M	498.2M	1.2B	1.2B
Total Stockholder Equity	345.1M	371.3M	435.2M	536.3M	657.6M	690.5M
Current Deferred Revenue	41.0M	59.4M	134.1M	119.8M	115.9M	110.1M
Net Debt	480.3M	217.7M	135.1M	370.0M	1.0B	1.1B
Accounts Payable	17.0M	20.0M	25.6M	40.8M	43.8M	46.0M
Cash	43.7M	79.0M	146.1M	43.9M	38.1M	68.6M
Other Assets	3.3M	4.7M	2.4M	2.4M	1.0	0.95
Cash And Short Term Investments	43.7M	79.0M	146.1M	43.9M	38.1M	68.6M
Net Receivables	72.8M	69.1M	94.3M	95.8M	134.3M	141.0M
Common Stock Shares Outstanding	22.0M	22.1M	22.2M	22.4M	22.5M	18.5M
Liabilities And Stockholders Equity	975.3M	815.8M	946.7M	1.2B	2.0B	2.1B
Non Current Liabilities Total	136.1M	127.0M	136.7M	154.2M	182.2M	117.2M
Inventory	597.4M	418.5M	421.8M	703.9M	1.3B	1.4B
Other Stockholder Equity	250.6M	252.9M	254.5M	256.5M	258.7M	196.2M
Total Liab	630.2M	444.5M	511.5M	652.4M	1.3B	1.4B
Total Current Assets	727.5M	580.2M	690.3M	869.3M	1.5B	1.6B
Short Term Debt	397.8M	188.0M	158.4M	275.5M	918.3M	964.2M
Property Plant And Equipment Net	233.8M	221.6M	234.4M	268.0M	353.5M	371.1M
Retained Earnings	97.7M	116.9M	182.9M	284.8M	397.2M	417.1M
Non Current Assets Total	247.8M	235.6M	256.3M	319.4M	473.2M	496.9M
Non Currrent Assets Other	1.2M	1.1M	1.1M	1.0M	1.8M	2.1M
Good Will	2.3M	1.4M	9.0M	30.6M	64.1M	67.3M
Other Current Assets	13.7M	27.4M	56.3M	25.6M	43.7M	45.8M
Property Plant And Equipment Gross	233.8M	221.6M	234.4M	268.0M	308.2M	154.7M
Accumulated Other Comprehensive Income	(3.2M)	1.5M	(2.2M)	(5.0M)	1.8M	1.8M
Intangible Assets	8.4M	7.8M	10.6M	18.4M	53.4M	56.0M
Other Liab	16.0M	5.8M	8.5M	6.4M	7.3M	7.6M
Long Term Debt	75.6M	44.9M	74.8M	90.0M	103.4M	95.7M
Property Plant Equipment	233.8M	221.6M	234.4M	268.0M	308.2M	163.5M
Net Tangible Assets	345.1M	362.1M	415.6M	487.3M	560.4M	395.7M
Retained Earnings Total Equity	89.2M	97.7M	116.9M	182.9M	164.6M	97.1M
Long Term Debt Total	25.8M	75.6M	44.9M	74.8M	67.3M	93.2M
Capital Surpluse	248.4M	250.6M	252.9M	254.5M	292.6M	267.0M
Deferred Long Term Liab	2.3M	5.0M	2.1M	2.0M	1.8M	1.7M

Pair Trading with Titan Machinery

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Titan Machinery position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Titan Machinery will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Titan Machinery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Titan Machinery when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Titan Machinery - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Titan Machinery to buy it.

The correlation of Titan Machinery is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Titan Machinery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Titan Machinery moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Titan Machinery can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Titan Machinery offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Titan Machinery's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Titan Machinery Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Titan Machinery Stock:

How To Invest In Titan

Details

Is Titan Stock a good investment?

Details

What is Titan Machinery's Net Worth?

Details

Largest Trading Companies & Distributors Companies

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Largest Industrial Distribution Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan Machinery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Titan Stock, please use our How to Invest in Titan Machinery guide.

You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Titan Machinery. If investors know Titan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Titan Machinery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.66)

Earnings Share

2.59

Revenue Per Share

124.573

Quarterly Revenue Growth

(0.01)

Return On Assets

0.0424

The market value of Titan Machinery is measured differently than its book value, which is the value of Titan that is recorded on the company's balance sheet. Investors also form their own opinion of Titan Machinery's value that differs from its market value or its book value, called intrinsic value, which is Titan Machinery's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Titan Machinery's market value can be influenced by many factors that don't directly affect Titan Machinery's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Titan Machinery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Titan Machinery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Titan Machinery's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Titan Net Debt vs Capital Surpluse Analysis

Net Debt vs Capital Surpluse

Net Debt vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Net Debt

Capital Surpluse

Titan Machinery fundamental ratios Correlations

Titan Machinery Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Titan Machinery fundamental ratios Accounts

Pair Trading with Titan Machinery

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Other Stockholder Equity	+ 1.0	Common Stock Shares Outstanding
Inventory	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total

Other Assets	- 0.45	Other Current Liab
Other Current Assets	- 0.4	Other Assets
Retained Earnings	- 0.35	Other Assets
Other Assets	- 0.35	Current Deferred Revenue
Property Plant And Equipment Net	- 0.31	Other Assets
Other Assets	- 0.31	Total Stockholder Equity