TITNTitan Machinery Inc.
Is it safe?
Mostly sound, with a caveat: comfortable debt (AA), but big price swings.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -73% · now 10% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can TITN take a bad year?
Titan Machinery Inc. carries $144M of net debt at 14.5× EBITDA: a heavy load to carry through a bad year.
Net debt · as at Q2 2027 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 14.5×
Net debt / EBITDA
- Debt / equity
- 0.31×
Debt / equity
- Annualised volatility
- 55%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2027
- $173M
- Cash and short-term investments
- $30M
- Net debt
- $144M
- EBITDA, trailing twelve months
- $9.9M
- Operating profit, trailing twelve months
- −$9.5M
- Debt / equity
- 0.31×
- Total debt / EBITDA
- 17.5×
- Annualised volatilitytwo years of daily moves
- 55%
- Worst drawdown on file
- −73%
- Below its 52-week high
- 10.0%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.