Titan Machinery Inc. (TITN)

Titan Machinery Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr 30, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Cash & Equivalents	21.51	35.9	38.07	43.91	146.15	78.99
Cash & Short-Term Investments	21.51	35.9	38.07	43.91	146.15	78.99
Cash Growth	-39.71%	-5.70%	-13.31%	-69.95%	85.02%	80.67%
Accounts Receivable	111.46	93.18	134.26	79.24	66.25	58.62
Other Receivables	12.55	26.64	19.4	16.61	28.04	10.49
Receivables	124.01	119.81	153.66	95.84	94.29	69.11
Inventory	1,099	1,109	1,303	703.94	421.76	418.46
Prepaid Expenses	27.9	28.24	24.26	25.55	28.14	13.68
Total Current Assets	1,273	1,293	1,519	869.25	690.33	580.23
Property, Plant & Equipment	406.14	407.63	353.47	267.99	234.39	221.61
Goodwill	61.61	61.25	64.11	30.62	8.95	1.43
Other Intangible Assets	48.3	48.31	53.36	18.41	10.62	7.79
Long-Term Deferred Tax Assets	7.66	2.55	0.53	1.25	1.33	3.64
Other Long-Term Assets	1.16	1.58	1.78	1.18	1.04	1.09
Total Assets	1,798	1,814	1,992	1,189	946.67	815.79
Accounts Payable	49.27	37.17	43.85	40.83	25.64	20.05
Accrued Expenses	61.98	45.67	56.66	54.52	43.55	33.02
Short-Term Debt	769.61	755.7	893.85	258.37	135.42	161.84
Current Portion of Long-Term Debt	11.35	10.92	13.71	7.24	5.88	4.59
Current Portion of Leases	5.88	7.43	11.31	9.86	17.07	21.6
Current Income Taxes Payable	-	-	-	-	4.7	11.05
Current Unearned Revenue	57.83	91.93	115.85	119.85	134.15	59.42
Other Current Liabilities	-	12.14	17.18	7.49	8.32	5.95
Total Current Liabilities	955.92	960.96	1,152	498.15	374.72	317.5
Long-Term Debt	144.16	157.77	106.41	78.7	62.39	28.4
Long-Term Leases	80.61	70.48	52.37	61.63	69.5	92.98
Long-Term Deferred Tax Liabilities	8.96	8.82	22.61	9.56	2.01	-
Other Long-Term Liabilities	2.6	1.84	0.83	4.35	2.86	5.62
Total Liabilities	1,192	1,200	1,335	652.39	511.47	444.51
Additional Paid-In Capital	263.01	262.1	258.66	256.54	254.46	252.91
Retained Earnings	347.11	360.31	397.23	284.78	182.92	116.87
Comprehensive Income & Other	-4.67	-8.33	1.76	-5.02	-2.17	1.5
Total Common Equity	605.44	614.08	657.64	536.31	435.2	371.28
Shareholders' Equity	605.44	614.08	657.64	536.31	435.2	371.28
Total Liabilities & Equity	1,798	1,814	1,992	1,189	946.67	815.79
Total Debt	1,012	1,002	1,078	415.79	290.24	309.41
Net Cash (Debt)	-990.1	-966.4	-1,040	-371.88	-144.09	-230.42
Net Cash Per Share	-43.74	-42.75	-46.21	-16.62	-6.48	-10.42
Filing Date Shares Outstanding	22.59	22.63	22.51	22.42	22.28	22.13
Total Common Shares Outstanding	22.59	22.63	22.51	22.42	22.28	22.13
Working Capital	316.9	331.67	366.61	371.1	315.61	262.73
Book Value Per Share	26.80	27.13	29.21	23.92	19.53	16.78
Tangible Book Value	495.54	504.53	540.18	487.27	415.62	362.06
Tangible Book Value Per Share	21.93	22.29	24.00	21.74	18.65	16.36
Land	290.03	242.53	202.05	137.47	112.58	75.3
Machinery	187.12	182.55	193.46	161.28	131.7	122.92

Updated May 22, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q