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Income Statement
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Cash Flow Statement
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TITAN INTERNATIONAL INC (TWI)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Cash and Cash Equivalents, Period Increase (Decrease) [Abstract]          
Cash flows from operating activities:          
    Net income  31.943.042.768.924.628.310.8-2.4
    Adjustments to reconcile net income to net cash from operating activities:          
        Depreciation and amortization   10.510.010.911.311.611.412.4
        Deferred income tax provision   -21.8-1.3-1.31.0-13.4-0.90.6
        Deferred Income Taxes and Tax Credits     -45.0    
        Stock-based compensation   1.21.21.50.51.40.60.8
        Issuance of stock under 401(k) plan   0.40.40.40.40.20.40.3
        Foreign currency gain   6.80.11.1-5.43.1-2.4-0.1
        (Increase) decrease in assets:          
            Accounts receivable   16.36.07.8-57.30.7-2.7-9.0
            Inventories   24.6-5.3-4.6-34.2-23.4-36.4-25.8
            Prepaid and other current assets   5.08.27.8-9.6-1.4-3.9-7.1
            Other assets   3.10.7-4.7-0.3-8.50.02.8
        Increase (decrease) in liabilities:          
            Accounts payable   1.8-17.0-16.423.928.821.310.5
            Other current liabilities   -31.017.718.413.7-9.416.27.6
            Other liabilities   -1.4-0.50.22.2-5.10.8-8.2
                Net cash provided by operating activities  31.958.453.367.4-18.513.015.2-1.5
   
Cash flows from investing activities:          
    Capital expenditures   -14.2-13.3-11.8-7.6-14.6-9.6-5.8
        Net cash used for investing activities   -14.0-12.9-12.32.4-14.5-9.2-5.6
   
Cash flows from financing activities:          
    Proceeds from borrowings   0.0-0.112.276.814.922.4438.0
    Payment on debt   -4.0-34.7-46.5-39.5-9.2-25.9-21.6
        Net cash used for financing activities   -3.8-34.9-34.311.76.7-3.63.8
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations   2.3-3.42.2 -1.7-4.7 
    Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect     18.6    
   
Supplemental information:          
    Interest paid   14.80.815.20.919.5-1.415.4
    Income taxes paid, net of refunds received    18.96.72.1 3.73.4
    Cash and cash equivalents          

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