Titan Machinery Balance Sheet
NASDAQ: TITNConsumer DiscretionaryOther Specialty StoresUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Titan Machinery financial position
At the end of fiscal 2026, Titan Machinery reported total assets of $1.62 billion, down 10.9% from a year earlier against total liabilities of $1.04 billion. Shareholders' equity stood at $579.3 million, or 35.8% of assets. The company held $28.2 million in cash and equivalents against $180.0 million of debt, a net debt position of $151.8 million.
The current ratio (current assets divided by current liabilities) was 1.41, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.31.
Summary generated from market data by MetaCap's automated system. Methodology
Titan Machinery balance sheet (annual)
| Fiscal year (USD) | FY 20262026-01-31 | FY 20252025-01-31 | FY 20242024-01-31 | FY 20232023-01-31 | FY 20222022-01-31 | FY 20212021-01-31 | FY 20202020-01-31 | FY 20192019-01-31 | FY 20182018-01-31 | FY 20172017-01-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 28.16M | 35.90M | 38.07M | 43.91M | 146.15M | 78.99M | 43.72M | 56.74M | 53.40M | 53.15M |
| Receivables | 127.03M | 119.81M | 153.66M | 95.84M | 94.29M | 41.58M | 47.40M | 77.50M | 60.67M | 60.08M |
| Inventory | 903.09M | 1.11B | 1.30B | 703.94M | 421.76M | 418.46M | 597.39M | 491.09M | 472.47M | 478.27M |
| Total Current Assets | 1.09B | 1.29B | 1.52B | 869.25M | 690.33M | 580.23M | 727.55M | 640.89M | 599.15M | 607.87M |
| Property, Plant & Equipment | 360.98M | 379.69M | 298.77M | 217.78M | 178.24M | 147.16M | 145.56M | 138.95M | 151.05M | 156.65M |
| Goodwill | 65.58M | 61.25M | 64.11M | 30.62M | 8.95M | 1.43M | 2.33M | 1.16M | 250.00K | 0 |
| Intangible Assets | 51.23M | 48.31M | 53.36M | 18.41M | 10.62M | 7.79M | 8.37M | 7.25M | 5.19M | 5.00M |
| Total Assets | 1.62B | 1.81B | 1.99B | 1.19B | 946.67M | 815.79M | 975.34M | 792.44M | 760.31M | 771.42M |
| Accounts Payable | 35.16M | 37.17M | 43.85M | 40.83M | 25.64M | 20.05M | 16.98M | 16.61M | 15.14M | 17.33M |
| Short-Term Debt | 21.41M | 10.92M | 13.71M | 7.24M | 5.88M | 4.59M | — | — | — | — |
| Total Current Liabilities | 771.96M | 960.96M | 1.15B | 498.15M | 374.72M | 317.50M | 494.16M | 420.45M | 328.29M | 308.83M |
| Long-Term Debt | 158.56M | 157.77M | 106.41M | 89.95M | 74.77M | 44.91M | — | — | — | — |
| Total Liabilities | 1.04B | 1.20B | 1.33B | 652.39M | 511.47M | 470.69M | 630.24M | 457.13M | 438.45M | 450.24M |
| Shareholders' Equity | 579.30M | 614.08M | 657.64M | 536.31M | 435.20M | 345.10M | 345.10M | 335.31M | 321.86M | 321.18M |
| Retained Earnings | 306.14M | 360.31M | 397.23M | 284.78M | 182.92M | 116.87M | 97.72M | 89.23M | 77.05M | 85.35M |
| Total Debt | 179.97M | 168.69M | 120.11M | 97.19M | 80.65M | 49.50M | — | — | — | — |
| Net Cash (Debt) | -151.81M | -132.79M | -82.05M | -53.28M | 65.50M | 29.49M | 43.72M | 56.74M | 53.40M | 53.15M |
| Shares Outstanding | 23.36M | 23.12M | 22.85M | 22.70M | 22.59M | 22.55M | 22.34M | 22.22M | 22.10M | 21.84M |
This table shows 10 annual periods of Titan Machinery's balance sheet, from FY 2026 back to FY 2017, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow TITN's reporting calendar. What is a balance sheet?