Titan Machinery's Total Assets for the quarter that ended in Jan. 2024 was $1,992 Mil.
During the past 12 months, Titan Machinery's average Total Assets Growth Rate was 70.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 38.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 17.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 0.90% per year.
During the past 13 years, Titan Machinery's highest 3-Year average Total Assets Growth Rate was 49.80%. The lowest was -21.60%. And the median was 18.60%.
Total Assets is connected with ROA %. Titan Machinery's annualizedROA % for the quarter that ended in Jan. 2024 was 5.26%. Total Assets is also linked to Revenue through Asset Turnover. Titan Machinery's Asset Turnover for the quarter that ended in Jan. 2024 was 0.47.
Titan Machinery Total Assets Historical Data
The historical data trend for Titan Machinery's Total 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.
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Titan Machinery Annual Data
Trend
Jan15
Jan16
Jan17
Jan18
Jan19
Jan20
Jan21
Jan22
Jan23
Jan24
Total Assets
975.34
815.79
946.67
1,188.70
1,992.26
Titan Machinery Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Total Assets
1,188.70
1,378.11
1,517.02
1,649.74
1,992.26
Titan Machinery Total Assets Calculation
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Titan Machinery's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as
* 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 Machinery (NAS:TITN) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Jan. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Titan Machinery's Asset Turnover for the quarter that ended in Jan. 2024 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Titan Machinery Total Assets Related Terms
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Titan Machinery (Titan Machinery) Business Description
Titan Machinery Inc owns and operates a network of full-service agricultural and construction equipment stores. The company sells and repairs agricultural equipment, including machinery and attachments for large-scale farming and home and gardening purposes, as well as construction equipment. It operates through the following segments: The Agriculture segment sells, services, and rents machinery and related parts and attachments, for uses ranging from large-scale farming to home and garden use, The construction segment sells, services, and rents machinery, and related parts and attachments, for uses ranging from heavy construction to light industrial machinery use, and the International segment sells services, rents machinery, and related parts.
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