TITN: the balance sheet

MyFinsight

For the quarter ending 2025-10-31, TITN has $1,769,360K in assets.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-10-31	2025-07-31
Cash	48,790	32,675
Receivables, net of allowance for expected credit losses	146,732	127,608
Inventories, net	1,010,734	1,140,000
Prepaid expenses and other	21,844	25,999
Total current assets	1,228,100	1,326,282
Property and equipment, net of accumulated depreciation	371,657	377,897
Operating lease assets	47,674	48,210
Deferred income taxes	8,901	11,492
Goodwill	63,906	63,936
Intangible assets, net of accumulated amortization	48,448	48,983
Other	674	1,142
Total noncurrent assets	541,260	551,660
Total assets	1,769,360	1,877,942

Accounts payable	46,290	41,502
Floorplan payable	739,617	852,225
Current maturities of long-term debt	21,804	11,432
Current operating lease liabilities	4,207	4,356
Deferred revenue	24,130	41,702
Accrued expenses and other	68,007	59,916
Total current liabilities	904,055	1,011,133
Long-term debt, less current maturities	154,780	153,058
Operating lease liabilities	45,799	46,082
Finance lease, liability, noncurrent	39,642	44,570
Deferred income tax liabilities, net	7,380	9,322
Other long-term liabilities	5,078	3,434
Total long-term liabilities	252,679	256,466
Common stock, par value .00001 per share, 45,000,000 shares authorized 23,370,174 shares issued and outstanding at october31, 2025 23,124,768 shares issued and outstanding at january31, 2025	0	0
Additional paid-in-capital	265,608	264,395
Retained earnings	342,308	341,110
Accumulated other comprehensive income (loss)	4,710	4,838
Total titan machinery inc. stockholders' equity	612,626	610,343
Total liabilities and stockholders' equity	1,769,360	1,877,942