Titan International, Inc. (DE) — Earnings Quality Grade F
TWI · Industrials
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 48 days, change +6 days YoY
AR growth 12.5% exceeds revenue growth -0.9%
Revenue -0.9%, CFFO -78.8%. Cash follows revenue
Expense Quality
Inventory 7.6% vs COGS -0.8%. Normal
CapEx growth -16.8% vs revenue -0.9%. Normal
SG&A/Gross Profit = 80.2%, exceeds 70%
Gross margin 13.9%, change -0.1pp. Stable
Cash Flow Quality
CFFO/NI = -0.47. Below 1.0
FCF is negative ($-0.0B)
Accruals ratio = -5.6%. Low accruals
Cash $0.2B covers only 29% of debt $0.7B
Balance Sheet Health
Goodwill+Intangibles $0.1B = 10% of equity. Manageable
Debt/EBITDA = 7.5x (>4x). Interest coverage = 0.5x (<2x). Financial stress
Other assets -55.8% vs revenue -0.9%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
Goodwill+Intangibles change 15% YoY. Normal
Manipulation Score
M-Score = -2.70 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25