TITAN Q3 Earnings Presentation slide image

TITAN Q3 Earnings Presentation

Strong Growth, Supportive Balance Sheet Net Debt/ TTM AEBITDA ($M) Leverage Ratio Trend $427M Debt Breakdown as of September 30th, 2023 $71 5.3x $264 $253 $241 $236 $220 $210 4.1x 3.3x $166 2.9x 2.6x $135 1.8x $95 1.4x $116 1.1x-1.0x-1.0x-1.0x Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 TTM AEBITDA ($M) TITAN -Net Debt Leverage Ratio $396 $24 $7 $0 7.0% Secured Titan Europe Other $125M Revolving Notes Due 2028 Credit Facilities Credit Facility Due 2026 ■ Revolving credit facility balance is $0 (paid off as of the end of September 2022) ■Net Debt of $215.4M as of end of September 2023, lowest level since Q3'12 25
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