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Titan International (Titan International) Total Current Liabilities : $495 Mil (As of Mar. 2024)


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What is Titan International Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Titan International's total current liabilities for the quarter that ended in Mar. 2024 was $495

Titan International Total Current Liabilities Historical Data

The historical data trend for Titan International's Total Current Liabilities 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 Total Current Liabilities Chart

Titan International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 327.15 329.71 450.81 446.16 372.38

Titan International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Liabilities 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 467.86 403.25 374.82 372.38 495.06

Titan International Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Titan International's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=239.08+21.934
+Other Current Liabilities+Current Deferred Liabilities
=91.362+19.999
=372

Titan International's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=336.558+30.982
+Other Current Liabilities+Current Deferred Liabilities
=109.687+17.836
=495

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Titan International Total Current Liabilities Related Terms

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Titan International (Titan International) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Titan International Inc (NYSE:TWI) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
TZ4:Germany
Address
1525 Kautz Road, Suite 600, West Chicago, IL, USA, 60185
Website
https://www.titan-intl.com
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