Titan Net Tangible Assets vs Intangible Assets Analysis
TITN Stock | USD 18.82 0.40 2.17% |
Titan Machinery financial indicator trend analysis is much more than just breaking down Titan Machinery prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Titan Machinery is a good investment. Please check the relationship between Titan Machinery Net Tangible Assets and its Intangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan Machinery. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Titan Stock, please use our How to Invest in Titan Machinery guide.
Net Tangible Assets vs Intangible Assets
Net Tangible Assets vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Titan Machinery Net Tangible Assets account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Titan Machinery's Net Tangible Assets and Intangible Assets is 0.68. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Titan Machinery, assuming nothing else is changed. The correlation between historical values of Titan Machinery's Net Tangible Assets and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Titan Machinery are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Tangible Assets i.e., Titan Machinery's Net Tangible Assets and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Titan Machinery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Titan Machinery current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan Machinery. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Titan Stock, please use our How to Invest in Titan Machinery guide.At this time, Titan Machinery's Tax Provision is very stable compared to the past year. As of the 3rd of June 2024, Enterprise Value is likely to grow to about 947.5 M, while Selling General Administrative is likely to drop about 26.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 332.7M | 439.8M | 510.1M | 535.6M | Total Revenue | 1.7B | 2.2B | 2.8B | 2.9B |
Titan Machinery fundamental ratios Correlations
Click cells to compare fundamentals
Titan Machinery Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Titan Machinery fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 975.3M | 815.8M | 946.7M | 1.2B | 2.0B | 2.1B | |
Short Long Term Debt Total | 524.0M | 296.7M | 281.3M | 413.9M | 1.1B | 1.1B | |
Other Current Liab | 38.4M | 59.8M | 64.0M | 62.0M | 73.8M | 77.5M | |
Total Current Liabilities | 494.2M | 317.5M | 374.7M | 498.2M | 1.2B | 1.2B | |
Total Stockholder Equity | 345.1M | 371.3M | 435.2M | 536.3M | 657.6M | 690.5M | |
Current Deferred Revenue | 41.0M | 59.4M | 134.1M | 119.8M | 115.9M | 110.1M | |
Net Debt | 480.3M | 217.7M | 135.1M | 370.0M | 1.0B | 1.1B | |
Accounts Payable | 17.0M | 20.0M | 25.6M | 40.8M | 43.8M | 46.0M | |
Cash | 43.7M | 79.0M | 146.1M | 43.9M | 38.1M | 68.6M | |
Other Assets | 3.3M | 4.7M | 2.4M | 2.4M | 1.0 | 0.95 | |
Cash And Short Term Investments | 43.7M | 79.0M | 146.1M | 43.9M | 38.1M | 68.6M | |
Net Receivables | 72.8M | 69.1M | 94.3M | 95.8M | 153.7M | 161.3M | |
Common Stock Shares Outstanding | 22.0M | 22.1M | 22.2M | 22.4M | 22.5M | 18.5M | |
Liabilities And Stockholders Equity | 975.3M | 815.8M | 946.7M | 1.2B | 2.0B | 2.1B | |
Non Current Liabilities Total | 136.1M | 127.0M | 136.7M | 154.2M | 182.2M | 117.2M | |
Inventory | 597.4M | 418.5M | 421.8M | 703.9M | 1.3B | 1.4B | |
Other Stockholder Equity | 250.6M | 252.9M | 254.5M | 256.5M | 258.7M | 196.2M | |
Total Liab | 630.2M | 444.5M | 511.5M | 652.4M | 1.3B | 1.4B | |
Total Current Assets | 727.5M | 580.2M | 690.3M | 869.3M | 1.5B | 1.6B | |
Short Term Debt | 397.8M | 178.2M | 150.9M | 275.5M | 918.9M | 964.8M | |
Property Plant And Equipment Net | 233.8M | 221.6M | 234.4M | 268.0M | 353.5M | 371.1M | |
Retained Earnings | 97.7M | 116.9M | 182.9M | 284.8M | 397.2M | 417.1M | |
Non Current Assets Total | 247.8M | 235.6M | 256.3M | 319.4M | 473.2M | 496.9M | |
Non Currrent Assets Other | 1.2M | 1.1M | 1.1M | 1.0M | (51.6M) | (49.0M) | |
Good Will | 2.3M | 1.4M | 9.0M | 30.6M | 64.1M | 67.3M | |
Other Current Assets | 13.7M | 13.7M | 28.1M | 25.6M | 24.3M | 12.6M | |
Property Plant And Equipment Gross | 233.8M | 221.6M | 234.4M | 268.0M | 308.2M | 154.7M | |
Accumulated Other Comprehensive Income | (3.2M) | 1.5M | (2.2M) | (5.0M) | 1.8M | 1.8M | |
Intangible Assets | 8.4M | 7.8M | 10.6M | 18.4M | 53.4M | 56.0M | |
Other Liab | 16.0M | 5.8M | 8.5M | 6.4M | 7.3M | 7.6M | |
Long Term Debt | 75.6M | 44.9M | 74.8M | 90.0M | 103.4M | 95.7M | |
Property Plant Equipment | 233.8M | 221.6M | 234.4M | 268.0M | 308.2M | 163.5M | |
Net Tangible Assets | 345.1M | 362.1M | 415.6M | 487.3M | 560.4M | 395.7M | |
Retained Earnings Total Equity | 89.2M | 97.7M | 116.9M | 182.9M | 164.6M | 97.1M | |
Long Term Debt Total | 25.8M | 75.6M | 44.9M | 74.8M | 67.3M | 93.2M | |
Capital Surpluse | 248.4M | 250.6M | 252.9M | 254.5M | 292.6M | 267.0M | |
Deferred Long Term Liab | 2.3M | 5.0M | 2.1M | 2.0M | 1.8M | 1.7M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan Machinery. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Titan Stock, please use our How to Invest in Titan Machinery guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Titan Stock analysis
When running Titan Machinery's price analysis, check to measure Titan Machinery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Titan Machinery is operating at the current time. Most of Titan Machinery's value examination focuses on studying past and present price action to predict the probability of Titan Machinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Titan Machinery's price. Additionally, you may evaluate how the addition of Titan Machinery to your portfolios can decrease your overall portfolio volatility.
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Transaction History View history of all your transactions and understand their impact on performance | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |
Is Titan Machinery's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Titan Machinery. If investors know Titan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Titan Machinery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.66) | Earnings Share 4.15 | Revenue Per Share 125.126 | Quarterly Revenue Growth 0.104 | Return On Assets 0.0556 |
The market value of Titan Machinery is measured differently than its book value, which is the value of Titan that is recorded on the company's balance sheet. Investors also form their own opinion of Titan Machinery's value that differs from its market value or its book value, called intrinsic value, which is Titan Machinery's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Titan Machinery's market value can be influenced by many factors that don't directly affect Titan Machinery's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Titan Machinery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Titan Machinery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Titan Machinery's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.