Titan Gross Profit vs Minority Interest Analysis
TWI Stock | USD 7.97 0.32 4.18% |
Titan International financial indicator trend analysis is much more than just breaking down Titan International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Titan International is a good investment. Please check the relationship between Titan International Gross Profit and its Minority Interest accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more detail on how to invest in Titan Stock please use our How to Invest in Titan International guide.
Gross Profit vs Minority Interest
Gross Profit vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Titan International Gross Profit account and Minority Interest. At this time, the significance of the direction appears to have no relationship.
The correlation between Titan International's Gross Profit and Minority Interest is 0.08. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Titan International, assuming nothing else is changed. The correlation between historical values of Titan International's Gross Profit and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Titan International are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Gross Profit i.e., Titan International's Gross Profit and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Titan International minus its cost of goods sold. It is profit before Titan International operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Titan International whose combined shares represent less than 50% of the total outstanding shares issued by Titan International have a minority interest in Titan International.Most indicators from Titan International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Titan International 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 International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more detail on how to invest in Titan Stock please use our How to Invest in Titan International guide.The Titan International's current Enterprise Value is estimated to increase to about 1 B, while Selling General Administrative is projected to decrease to under 69.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 32.2M | 29.8M | 18.8M | 22.4M | Depreciation And Amortization | 47M | 41.9M | 42.4M | 42.6M |
Titan International fundamental ratios Correlations
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Titan International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Titan International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.0B | 1.2B | 1.3B | 1.3B | 903.0M | |
Short Long Term Debt Total | 504.6M | 464.7M | 485.0M | 449.1M | 437.3M | 352.8M | |
Other Current Liab | 100.9M | 100.7M | 111.1M | 113.2M | 115.5M | 71.2M | |
Total Current Liabilities | 327.2M | 329.7M | 450.8M | 446.2M | 372.4M | 210.0M | |
Total Stockholder Equity | 234.9M | 179.3M | 229.3M | 381.2M | 467.1M | 287.1M | |
Property Plant And Equipment Net | 398.7M | 344.2M | 322.1M | 305.5M | 333.6M | 299.5M | |
Net Debt | 437.8M | 347.3M | 386.8M | 286.0M | 217.0M | 262.0M | |
Retained Earnings | (74.3M) | (135.0M) | (85.4M) | 90.9M | 169.6M | 178.1M | |
Accounts Payable | 158.6M | 167.2M | 278.1M | 263.4M | 201.2M | 105.7M | |
Cash | 66.8M | 117.4M | 98.1M | 159.6M | 220.3M | 231.3M | |
Non Current Assets Total | 470.0M | 373.3M | 369.4M | 375.0M | 412.5M | 385.7M | |
Non Currrent Assets Other | 9.5M | 8.1M | 15.8M | 16.7M | 26.4M | 31.6M | |
Cash And Short Term Investments | 66.8M | 117.4M | 98.1M | 159.6M | 220.3M | 231.3M | |
Net Receivables | 185.2M | 193.5M | 278.4M | 266.8M | 234.4M | 149.7M | |
Common Stock Shares Outstanding | 60.1M | 60.8M | 62.7M | 63.7M | 63.0M | 44.3M | |
Liabilities And Stockholders Equity | 1.1B | 1.0B | 1.2B | 1.3B | 1.3B | 901.1M | |
Non Current Liabilities Total | 548.2M | 525.9M | 504.7M | 455.3M | 449.5M | 403.6M | |
Inventory | 333.4M | 293.7M | 392.6M | 397.2M | 365.2M | 219.9M | |
Other Current Assets | 58.9M | 43.4M | 44.2M | 86.1M | 57.0M | 46.5M | |
Other Stockholder Equity | 527.8M | 531.5M | 561.2M | 542.1M | 516.5M | 316.6M | |
Total Liab | 875.3M | 855.6M | 955.5M | 901.5M | 821.8M | 613.6M | |
Property Plant And Equipment Gross | 398.7M | 344.2M | 322.1M | 305.5M | 1.1B | 1.1B | |
Total Current Assets | 644.3M | 658.6M | 813.3M | 909.6M | 876.8M | 517.3M | |
Accumulated Other Comprehensive Income | (218.7M) | (217.3M) | (246.5M) | (251.8M) | (219.0M) | (208.1M) | |
Short Term Debt | 61.3M | 38.7M | 38.7M | 30.9M | 21.9M | 31.4M | |
Intangible Assets | 20.6M | 12.8M | 8.2M | 7.1M | 7.3M | 6.9M | |
Other Liab | 62.5M | 67.3M | 52.2M | 34.7M | 39.9M | 59.6M | |
Other Assets | 22.6M | 53.4M | 47.3M | 66.2M | 76.2M | 47.2M | |
Long Term Debt | 443.3M | 433.6M | 452.5M | 414.8M | 409.2M | 384.0M | |
Treasury Stock | (7.8M) | (4.2M) | (1.2M) | (1.1M) | (1.3M) | (1.4M) | |
Common Stock | 6.1K | 6.2K | 6.2K | 6.7K | 6.0K | 5.7K | |
Property Plant Equipment | 374.8M | 319.9M | 322.1M | 305.5M | 351.4M | 344.3M | |
Net Tangible Assets | 259.9M | 204.3M | 229.3M | 379.6M | 341.7M | 328.0M | |
Noncontrolling Interest In Consolidated Entity | (9.0M) | 4.1M | (3.0M) | (2.1M) | (1.9M) | (1.8M) | |
Retained Earnings Total Equity | (29.0M) | (74.3M) | (135.0M) | (85.4M) | (76.9M) | (73.1M) | |
Short Term Investments | 578K | 651K | 1.3M | 1.4M | 1.3M | 1.3M | |
Capital Surpluse | 532.1M | 532.7M | 562.3M | 565.5M | 650.4M | 566.4M | |
Deferred Long Term Liab | 267K | 264K | 141K | 333K | 237.6K | 225.7K | |
Non Current Liabilities Other | 73.1M | 63.4M | 48.3M | 20.8M | 6.7M | 6.3M |
Currently Active Assets on Macroaxis
When determining whether Titan International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Titan International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Titan International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Titan International Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more detail on how to invest in Titan Stock please use our How to Invest in Titan International guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Agricultural & Farm Machinery space 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 International. 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 International 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 (0.94) | Earnings Share (0.14) | Revenue Per Share 27.336 | Quarterly Revenue Growth 0.115 | Return On Assets 0.033 |
The market value of Titan International 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 International's value that differs from its market value or its book value, called intrinsic value, which is Titan International'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 International's market value can be influenced by many factors that don't directly affect Titan International'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 International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Titan International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Titan International'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.