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Titan Machinery (Titan Machinery) Total Current Liabilities

: $1,152 Mil (As of Jan. 2024)
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Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Titan Machinery's total current liabilities for the quarter that ended in Jan. 2024 was $1,152

Titan Machinery Total Current Liabilities Historical Data

The historical data trend for Titan Machinery'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 Machinery Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Current Liabilities
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 494.16 317.50 374.72 498.15 1,152.40

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 Current Liabilities 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 Premium Member Only Premium Member Only Premium Member Only 498.15 660.24 778.00 885.40 1,152.40

Titan Machinery 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 Machinery's Total Current Liabilities for the fiscal year that ended in Jan. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=57.133+918.303
+Other Current Liabilities+Current Deferred Liabilities
=61.113+115.852
=1,152

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=57.133+918.303
+Other Current Liabilities+Current Deferred Liabilities
=61.113+115.852
=1,152

* 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 Machinery Total Current Liabilities Related Terms

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Titan Machinery (Titan Machinery) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Titan Machinery Inc (NAS:TITN) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
3TY:Germany
Address
644 East Beaton Drive, West Fargo, ND, USA, 58078-2648
Website
https://www.titanmachinery.com
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.
Executives
Stan K. Erickson director 10380 28TH AVENUE NORTH, MINNEAPOLIS MN 55441
Robert Larsen officer: Chief Financial Officer 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Frank Anglin director 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Tony Christianson director
David Joseph Meyer director, officer: Chairman and CEO 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Bryan J Knutson officer: Chief Operating Officer C/O TITAN MACHINERY INC., 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Mark P. Kalvoda officer: Chief Financial Officer 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Bradley Crews director 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Christine E Hamilton director 225 S MAIN AVE, P O BOX 5000, SIOUX FALLS SD 57117
John W Henderson director 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Jody L Horner director C/O TITAN MACHINERY, 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Richard L Mack director 9590 SKY LANE, EDEN PRAIRIE MN 55347
Theodore M Crosbie director 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Peter J. Christianson director, officer: President and CFO 644 EAST BEATON DRIVE, WEST FARGO ND 58078
James Irwin director 10543 EAST MARK LANE, SCOTTSDALE AZ 85262