TWITitan International, Inc.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (BBB) and big price swings.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -92% · now 40% 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 TWI take a bad year?
Titan International, Inc. carries $413M of net debt at 6.42× EBITDA: a heavy load to carry through a bad year.
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 6.42×
Net debt / EBITDA · 5.57× a year ago · the load is going up
- Cash runway
- 5+ years
Cash runway · burning $2.1M a quarter at the current rate
- Annualised volatility
- 59%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $593M
- Cash and short-term investments
- $180M
- Net debt
- $413M
- EBITDA, trailing twelve months
- $64M
- Operating profit, trailing twelve months
- −$1.7M
- Debt / equity
- 1.18×
- Total debt / EBITDA
- 9.21×
- Annualised volatilitytwo years of daily moves
- 59%
- Worst drawdown on file
- −92%
- Below its 52-week high
- 40%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Farm & Heavy Construction Machinery
Ranks #12 of 14 by RyuScore