Titan Machinery Inc. (TITN)

Titan Machinery Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Oct 31, 2024	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Cash & Equivalents	23.42	38.07	43.91	146.15	78.99	43.72
Cash & Short-Term Investments	23.42	38.07	43.91	146.15	78.99	43.72
Cash Growth	-66.53%	-13.31%	-69.95%	85.02%	80.67%	-22.95%
Accounts Receivable	126.24	134.26	79.24	66.25	58.62	65.82
Other Receivables	14.06	19.4	16.61	28.04	10.49	6.96
Receivables	140.3	153.66	95.84	94.29	69.11	72.78
Inventory	1,413	1,303	703.94	421.76	418.46	597.39
Prepaid Expenses	19.9	24.26	25.55	28.14	13.68	13.66
Total Current Assets	1,597	1,519	869.25	690.33	580.23	727.55
Property, Plant & Equipment	394.58	353.47	267.99	234.39	221.61	233.84
Goodwill	63.87	64.11	30.62	8.95	1.43	2.33
Other Intangible Assets	52.07	53.36	18.41	10.62	7.79	8.37
Long-Term Deferred Tax Assets	0.54	0.53	1.25	1.33	3.64	2.15
Other Long-Term Assets	1.65	1.78	1.18	1.04	1.09	1.11
Total Assets	2,109	1,992	1,189	946.67	815.79	975.34
Accounts Payable	44.69	43.85	40.83	25.64	20.05	16.98
Accrued Expenses	59.46	56.66	54.52	43.55	33.02	29.62
Short-Term Debt	1,048	893.85	258.37	135.42	161.84	371.77
Current Portion of Long-Term Debt	9.5	13.71	7.24	5.88	4.59	13.78
Current Portion of Leases	8.18	10.75	9.86	17.07	21.6	13.97
Current Income Taxes Payable	-	-	-	4.7	11.05	0.05
Current Unearned Revenue	41.98	115.85	119.85	134.15	59.42	40.97
Other Current Liabilities	-	17.74	7.49	8.32	5.95	7.03
Total Current Liabilities	1,212	1,152	498.15	374.72	317.5	494.16
Long-Term Debt	111.65	96.36	78.7	62.39	28.4	20.01
Long-Term Leases	54.3	62.41	61.63	69.5	92.98	110.27
Long-Term Deferred Tax Liabilities	19.7	22.61	9.56	2.01	-	2.06
Other Long-Term Liabilities	43.53	0.83	4.35	2.86	5.62	3.74
Total Liabilities	1,441	1,335	652.39	511.47	444.51	630.24
Additional Paid-In Capital	261.01	258.66	256.54	254.46	252.91	250.61
Retained Earnings	404.08	397.23	284.78	182.92	116.87	97.72
Comprehensive Income & Other	3.11	1.76	-5.02	-2.17	1.5	-3.22
Total Common Equity	668.2	657.64	536.31	435.2	371.28	345.1
Shareholders' Equity	668.2	657.64	536.31	435.2	371.28	345.1
Total Liabilities & Equity	2,109	1,992	1,189	946.67	815.79	975.34
Total Debt	1,232	1,077	415.79	290.24	309.41	529.8
Net Cash (Debt)	-1,208	-1,039	-371.88	-144.09	-230.42	-486.08
Net Cash Per Share	-53.52	-46.18	-16.62	-6.48	-10.42	-22.14
Filing Date Shares Outstanding	22.79	22.51	22.42	22.28	22.13	21.97
Total Common Shares Outstanding	22.79	22.51	22.42	22.28	22.13	21.97
Working Capital	384.67	366.61	371.1	315.61	262.73	233.38
Book Value Per Share	29.32	29.21	23.92	19.53	16.78	15.71
Tangible Book Value	552.26	540.18	487.27	415.62	362.06	334.41
Tangible Book Value Per Share	24.23	24.00	21.74	18.65	16.36	15.22
Land	262.27	202.05	137.47	112.58	75.3	62.61
Machinery	179.12	193.46	161.28	131.7	122.92	116.25

Source: S&P Capital IQ. Standard template. Financial Sources.