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Last $23.75 USD
Change Today -0.70 / -2.86%
Volume 67.8K
TOWR On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 3:08 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

Financial Statements for tower international inc (TOWR)

Tower International, Inc. may have more financial risk than other companies in the Auto Components industry as it is one of the most highly leveraged with a Debt to Total Capital ratio of 83.26%. This ratio actually increased over the last year. However, an examination of near-term assets and liabilities shows that, even though there are not enough liquid assets to satisfy current obligations, Operating Profits are more than adequate to service the debt. Accounts Receivable are among the industry's worst with 42.90 days worth of sales outstanding. This implies that revenues are not being collected in an efficient manner. Last, Tower International, Inc. is among the least efficient in its industry at managing inventories, with 14.99 days of its Cost of Goods Sold tied up in Inventories.
Currency in
Millions of US Dollars
As of:Dec 31
2011
Restated
Dec 31
2012
Restated
Dec 31
2013
Restated
Dec 31
2014
4 Year
Trend
Assets    
Cash and Equivalents135.0113.9134.9148.6
TOTAL CASH AND SHORT TERM INVESTMENTS135.0113.9134.9148.6
Accounts Receivable328.0266.1255.7230.4
Notes Receivable36.063.031.819.3
TOTAL RECEIVABLES364.0329.2287.5249.6
Inventory85.181.381.369.8
Deferred Tax Assets, Current13.010.48.66.9
Other Current Assets24.233.313.1164.0
TOTAL CURRENT ASSETS621.3568.2525.4638.9
Gross Property Plant and Equipment1,232.91,165.41,226.81,103.5
Accumulated Depreciation-565.2-592.3-677.2-652.4
NET PROPERTY PLANT AND EQUIPMENT667.7573.1549.6451.1
Goodwill64.064.867.056.7
Long-Term Investments----8.67.8
Deferred Tax Assets, Long Term14.53.13.73.6
Deferred Charges, Long Term1.61.03.10.2
Other Intangibles9.04.41.50.0
Other Long-Term Assets19.423.524.024.7
TOTAL ASSETS1,397.41,238.11,183.01,182.9
    
LIABILITIES & EQUITY    
Accounts Payable395.3264.9262.4257.0
Accrued Expenses126.0132.1127.3103.3
Current Portion of Long-Term Debt/Capital Lease109.474.639.731.1
Current Portion of Capital Lease Obligations2.91.71.21.1
Other Current Liabilities, Total0.42.51.970.2
TOTAL CURRENT LIABILITIES631.2474.2431.3461.6
Long-Term Debt461.8411.6454.1457.5
Capital Leases12.210.810.07.7
Minority Interest57.577.662.556.6
Pension & Other Post-Retirement Benefits96.2100.854.968.6
Deferred Tax Liability Non-Current11.213.014.413.0
Other Non-Current Liabilities87.386.981.474.7
TOTAL LIABILITIES1,299.91,097.21,046.11,083.1
Common Stock0.20.20.20.2
Additional Paid in Capital311.4321.0328.0335.3
Retained Earnings-255.2-237.2-257.5-236.0
Treasury Stock-5.1-8.3-8.6-9.5
Comprehensive Income and Other-11.2-12.512.2-46.9
TOTAL COMMON EQUITY40.063.274.443.2
TOTAL EQUITY97.5140.9136.999.8
TOTAL LIABILITIES AND EQUITY1,397.41,238.11,183.01,182.9
 

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TOWR:US $23.75 USD -0.70

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Industry Analysis

TOWR

Industry Average

Valuation TOWR Industry Range
Price/Earnings 15.4x
Price/Sales 0.3x
Price/Book 8.5x
Price/Cash Flow 22.3x
TEV/Sales NM Not Meaningful
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