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Income Statement
Balance Sheet
Cash Flow Statement
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Op Efficiency
Credit Analysis

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   179.2164.5132.661.249.92.1-22.1
    Adjustments to reconcile net income to net cash from operating activities:          
        Depreciation and amortization   42.743.945.346.848.050.652.5
        Deferred income tax provision   -23.4-15.1-14.7-12.8-14.2-0.1-0.7
        Stock-based compensation   4.34.54.03.43.42.62.8
        Issuance of stock under 401(k) plan   1.61.41.31.31.21.41.3
        Foreign currency gain   2.7-1.1-3.6-4.8-8.9-9.4-5.3
        (Increase) decrease in assets:          
            Accounts receivable   -27.2-42.8-51.5-68.3-74.7-67.8-65.6
            Inventories   -19.6-67.5-98.7-119.8-112.9-88.4-38.4
            Prepaid and other current assets   11.44.9-7.1-22.0-15.7-10.8-5.5
            Other assets   -1.3-12.8-13.5-6.0-5.30.91.2
        Increase (decrease) in liabilities:          
            Accounts payable   -7.819.357.684.5121.2102.094.6
            Other current liabilities   18.940.539.028.114.819.512.8
            Other liabilities   0.5-3.1-1.8-10.2-11.6-19.1-17.4
                Net cash provided by operating activities   160.7115.377.18.210.77.534.2
   
Cash flows from investing activities:          
    Capital expenditures   -47.0-47.3-43.6-37.6-38.8-32.6-27.9
        Net cash used for investing activities   -36.8-37.3-33.6-26.9-37.6-15.37.4
   
Cash flows from financing activities:          
    Proceeds from borrowings   88.9103.8126.2552.1497.1487.9474.8
    Payment on debt   -124.7-130.0-121.1-96.3-69.2-69.7-86.4
        Net cash used for financing activities   -61.3-50.9-19.518.613.92.6-30.5
   
Supplemental information:          
    Interest paid   31.636.434.234.434.628.230.5
    Income taxes paid, net of refunds received    27.712.59.1 10.89.2
    Cash and cash equivalents          

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