Titan International Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	205.38	195.97	220.25	159.58	98.11	117.43
Short-Term Investments	-	2.73	1.34	1.39	1.3	0.65
Cash & Short-Term Investments	205.38	198.7	221.59	160.97	99.4	118.08
Cash Growth	-9.64%	-10.33%	37.66%	61.93%	-15.82%	75.26%
Accounts Receivable	285.88	213.45	220.36	267.34	256.41	193.54
Other Receivables	-	8.35	15.26	38.6	23.25	11.12
Receivables	285.88	221.8	235.61	305.94	279.65	204.67
Inventory	465.91	437.19	365.16	397.22	392.62	293.68
Prepaid Expenses	76.79	22.31	22.93	21.66	16.04	15.74
Other Current Assets	-	32.03	31.5	23.84	25.59	26.43
Total Current Assets	1,034	912.04	876.78	909.63	813.3	658.6
Property, Plant & Equipment	569.98	538.25	333.65	305.54	322.05	344.21
Long-Term Investments	-	7.92	7.13	6.95	6.52	5.6
Goodwill	29.56	29.56	-	-	-	-
Other Intangible Assets	11.06	11.99	1.43	1.61	1.5	1.98
Long-Term Deferred Tax Assets	49.16	41.73	38.03	38.74	16.83	2.59
Long-Term Deferred Charges	-	2.65	0.2	0.26	0.33	0.14
Other Long-Term Assets	56.67	40.83	32.03	21.91	22.14	18.77
Total Assets	1,750	1,585	1,289	1,285	1,183	1,032
Accounts Payable	254.88	219.59	201.2	263.38	278.1	167.21
Accrued Expenses	108.82	88.6	87.15	87.86	75.12	66.65
Current Portion of Long-Term Debt	21.56	12.48	16.91	30.86	32.5	31.12
Current Portion of Leases	14.93	12.99	6.11	3.85	6.18	7.53
Current Income Taxes Payable	15.08	12.14	13.76	18.55	9.27	10.07
Current Unearned Revenue	3.71	3.67	4.51	1.89	4.38	4.8
Other Current Liabilities	34.47	37.89	32.86	39.78	45.26	42.33
Total Current Liabilities	453.44	387.36	362.51	446.16	450.81	329.71
Long-Term Debt	556.77	552.97	409.18	414.76	452.45	433.58
Long-Term Leases	116.13	107.5	7.47	2.41	11.35	17.14
Long-Term Unearned Revenue	-	11.3	12.38	11.8	9.02	10.28
Pension & Post-Retirement Benefits	-	10.15	12.8	13.88	19.12	25.41
Long-Term Deferred Tax Liabilities	9.45	6.42	2.23	3.43	3.98	3.9
Other Long-Term Liabilities	40.17	15.61	15.25	9.06	8.78	10.61
Total Liabilities	1,176	1,091	821.83	901.49	955.51	830.62
Additional Paid-In Capital	737.34	740.22	569.07	565.55	562.34	532.74
Retained Earnings	156.61	164.06	169.62	90.86	-85.44	-135.03
Treasury Stock	-116.32	-122.34	-52.59	-23.42	-1.12	-1.2
Comprehensive Income & Other	-208.56	-285.88	-219.04	-251.76	-246.48	-217.25
Total Common Equity	569.07	496.07	467.06	381.24	229.3	179.26
Minority Interest	5.36	-2.42	0.36	1.9	-2.13	22
Shareholders' Equity	574.43	493.66	467.42	383.14	227.17	201.27
Total Liabilities & Equity	1,750	1,585	1,289	1,285	1,183	1,032
Total Debt	709.38	685.93	439.68	451.88	502.48	489.37
Net Cash (Debt)	-504	-487.23	-218.09	-290.91	-403.08	-371.29
Net Cash Per Share	-7.88	-7.10	-3.46	-4.57	-6.43	-6.10
Filing Date Shares Outstanding	63.95	63.2	60.65	62.87	62.42	61.46
Total Common Shares Outstanding	63.9	63.14	60.72	62.84	66.41	61.38
Working Capital	580.52	524.68	514.27	463.47	362.49	328.89
Book Value Per Share	8.91	7.86	7.69	6.07	3.45	2.92
Tangible Book Value	528.44	454.53	465.63	379.63	227.8	177.29
Tangible Book Value Per Share	8.27	7.20	7.67	6.04	3.43	2.89
Land	47.7	42.53	42.14	40.33	41.01	43.94
Buildings	283.67	260.26	243.24	237.51	236.37	245.62
Machinery	886.27	822.47	745.3	701.85	689.99	695.04
Construction In Progress	50.77	47	29.74	29.29	20.29	11.28

Source: S&P Global Market Intelligence. Standard template. Financial Sources.