Titan International Inc (TWI)
Debt-to-equity ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 496,073 | 597,767 | 609,341 | 630,143 | 467,060 | 433,218 | 450,098 | 420,808 | 381,236 | 315,763 | 299,345 | 248,374 | 229,300 | 177,916 | 181,550 | 167,995 | 179,264 | 169,838 | 175,373 | 179,139 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $496,073K
= 0.00
The debt-to-equity ratio for Titan International Inc has been consistently 0.00 for the periods from March 31, 2020, to December 31, 2024. This indicates that the company has been financing its operations primarily through equity rather than debt during this time frame. A debt-to-equity ratio of 0.00 typically suggests that the company is not relying on borrowed funds to finance its activities and is instead using its own capital. It can also indicate a strong financial position with lower financial risk as there is no significant debt component in the capital structure. Investors and creditors may view a low debt-to-equity ratio favorably as it may signal financial stability and sustainability. In the case of Titan International Inc, the consistent 0.00 debt-to-equity ratio over the years suggests a conservative capital structure strategy focused on equity financing.
Peer comparison
Dec 31, 2024