Titan International, Inc. (TWI)

Titan International Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	184.67	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	184.67	198.7	221.59	160.97	99.4	118.08
Cash Growth	-17.59%	-10.33%	37.66%	61.93%	-15.82%	75.26%
Accounts Receivable	297.28	213.45	220.36	267.34	256.41	193.54
Other Receivables	-	8.35	15.26	38.6	23.25	11.12
Receivables	297.28	221.8	235.61	305.94	279.65	204.67
Inventory	477.72	437.19	365.16	397.22	392.62	293.68
Prepaid Expenses	75.93	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	1,036	912.04	876.78	909.63	813.3	658.6
Property, Plant & Equipment	577.03	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	11.41	11.99	1.43	1.61	1.5	1.98
Long-Term Deferred Tax Assets	43.33	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	55.48	40.83	32.03	21.91	22.14	18.77
Total Assets	1,752	1,585	1,289	1,285	1,183	1,032
Accounts Payable	265.14	219.59	201.2	263.38	278.1	167.21
Accrued Expenses	93	88.6	87.15	87.86	75.12	66.65
Current Portion of Long-Term Debt	19.8	12.48	16.91	30.86	32.5	31.12
Current Portion of Leases	13.28	12.99	6.11	3.85	6.18	7.53
Current Income Taxes Payable	11.79	12.14	13.76	18.55	9.27	10.07
Current Unearned Revenue	3.94	3.67	4.51	1.89	4.38	4.8
Other Current Liabilities	34.03	37.89	32.86	39.78	45.26	42.33
Total Current Liabilities	440.97	387.36	362.51	446.16	450.81	329.71
Long-Term Debt	565.87	552.97	409.18	414.76	452.45	433.58
Long-Term Leases	118.75	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	9.02	6.42	2.23	3.43	3.98	3.9
Other Long-Term Liabilities	40.69	15.61	15.25	9.06	8.78	10.61
Total Liabilities	1,175	1,091	821.83	901.49	955.51	830.62
Additional Paid-In Capital	735.85	740.22	569.07	565.55	562.34	532.74
Retained Earnings	158.87	164.06	169.62	90.86	-85.44	-135.03
Treasury Stock	-116.66	-122.34	-52.59	-23.42	-1.12	-1.2
Comprehensive Income & Other	-207.58	-285.88	-219.04	-251.76	-246.48	-217.25
Total Common Equity	570.49	496.07	467.06	381.24	229.3	179.26
Minority Interest	6.61	-2.42	0.36	1.9	-2.13	22
Shareholders' Equity	577.1	493.66	467.42	383.14	227.17	201.27
Total Liabilities & Equity	1,752	1,585	1,289	1,285	1,183	1,032
Total Debt	717.69	685.93	439.68	451.88	502.48	489.37
Net Cash (Debt)	-533.02	-487.23	-218.09	-290.91	-403.08	-371.29
Net Cash Per Share	-8.08	-7.10	-3.46	-4.57	-6.43	-6.10
Filing Date Shares Outstanding	63.9	63.2	60.65	62.87	62.42	61.46
Total Common Shares Outstanding	63.85	63.14	60.72	62.84	66.41	61.38
Working Capital	594.63	524.68	514.27	463.47	362.49	328.89
Book Value Per Share	8.93	7.86	7.69	6.07	3.45	2.92
Tangible Book Value	529.51	454.53	465.63	379.63	227.8	177.29
Tangible Book Value Per Share	8.29	7.20	7.67	6.04	3.43	2.89
Land	47.74	42.53	42.14	40.33	41.01	43.94
Buildings	284	260.26	243.24	237.51	236.37	245.62
Machinery	883.65	822.47	745.3	701.85	689.99	695.04
Construction In Progress	46.1	47	29.74	29.29	20.29	11.28

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q