GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Titan International Inc (NYSE:TWI) » Definitions » Scaled Net Operating Assets

Titan International (Titan International) Scaled Net Operating Assets : 0.86 (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Titan International Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Titan International's operating assets for the quarter that ended in Mar. 2024 was $1,610 Mil. Titan International's operating liabilities for the quarter that ended in Mar. 2024 was $502 Mil. Titan International's Total Assets for the quarter that ended in Dec. 2023 was $1,289 Mil. Therefore, Titan International's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.86.


Titan International Scaled Net Operating Assets Historical Data

The historical data trend for Titan International's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Titan International Scaled Net Operating Assets Chart

Titan International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.49 0.61 0.57 0.53

Titan International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 0.51 0.50 0.54 0.86

Competitive Comparison of Titan International's Scaled Net Operating Assets

For the Farm & Heavy Construction Machinery subindustry, Titan International's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Titan International's Scaled Net Operating Assets Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Titan International's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Titan International's Scaled Net Operating Assets falls into.



Titan International Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Titan International's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(1068.994-384.565)/1284.63
=0.53

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1289.245 - 220.251
=1068.994

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=821.83 - 415.331 - 21.934
=384.565

Titan International's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(1609.967-501.771)/1289.245
=0.86

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1813.595 - 203.628
=1609.967

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1182.66 - 649.907 - 30.982
=501.771

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Titan International Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Titan International's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Titan International (Titan International) Business Description

Traded in Other Exchanges
Address
1525 Kautz Road, Suite 600, West Chicago, IL, USA, 60185
Titan International Inc is a manufacturer of wheels, tires, wheel and tire assemblies, and undercarriage systems and components for off-highway vehicles. The company operates through three segments namely Agricultural, Earthmoving/Construction, and Consumer. Geographically, business of the group can be seen in the United States, Europe / CIS, Latin America and Other international. Titan derives most of the revenue from Agricultural segment which manufacture various agricultural equipment, including tractors, combines, plows, planters and irrigation equipment, and are sold directly to original equipment manufacturers and to the aftermarket through independent distributors, equipment dealers and Titan's own distribution centers.
Executives
Max A Guinn director DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Michael G Troyanovich officer: Secretary&Asst General Counsel 2701 SPRUCE STREET, QUINCY IL 62301
Anthony Eheli officer: VP, Chief Accounting Officer 2701 SPRUCE STREET, QUINCY IL 62301
Taylor Maurice M Jr director, officer: President & CEO 2701 SPRUCE STREET, QUINCY IL 62301
Paul G Reitz officer: Chief Financial Officer 1301 FIRST AVENUE, COLUMBUS GA 31901
Laura K Thompson director 200 INNOVATION WAY, AKRON OH 44316
Gary L Cowger director 5725 DELPHI DRIVE, TROY MI 48098
Mhr Institutional Advisors Iii Llc 10 percent owner 40 WEST 57 STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Institutional Partners Iii Lp 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Holdings Llc 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Fund Management Llc 10 percent owner 1345 AVENUE OF THE AMERICAS,, 42ND FLOOR, NEW YORK NY 10105
David A Martin officer: Chief Financial Officer C/O TITAN INTERNATIONAL, INC., 2701 SPRUCE STREET, QUINCY IL 62301
Amy S Evans officer: Interim CFO 2701 SPRUCE STREET, QUINCY IL 62301
James M Froisland officer: Interim CFO 385 PERSIMMON DRIVE, ST. CHARLES IL 60174
Anthony L Soave director C/O TITAN INTERNATIONAL CORP, 2701 SPRUCE STREET, QUINCY IL 62301