Ituran Financial Statements From 2010 to 2024

ITRN Stock  USD 28.50  1.24  4.55%   
Ituran Location financial statements provide useful quarterly and yearly information to potential Ituran Location and investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Ituran Location financial statements helps investors assess Ituran Location's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Ituran Location's valuation are summarized below:
Gross Profit
137.6 M
Profit Margin
0.1542
Market Capitalization
542.3 M
Enterprise Value Revenue
1.4713
Revenue
328.8 M
We have found one hundred twenty available fundamental trends for Ituran Location, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to confirm Ituran Location's regular fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road.

Ituran Location Total Revenue

186.48 Million

Check Ituran Location financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ituran Location's main balance sheet or income statement drivers, such as Interest Expense of 2 M, Total Revenue of 186.5 M or Gross Profit of 89.9 M, as well as many indicators such as Price To Sales Ratio of 3.2, Dividend Yield of 0.0202 or PTB Ratio of 2.97. Ituran financial statements analysis is a perfect complement when working with Ituran Location Valuation or Volatility modules.
  
Check out the analysis of Ituran Location Correlation against competitors.

Ituran Location Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets206.7 M318.7 M223.6 M
Slightly volatile
Cash39.4 M53.4 M39.3 M
Slightly volatile
Cash And Short Term Investments43.6 M53.6 M41.1 M
Slightly volatile
Common Stock Shares Outstanding17.8 M20 M20.3 M
Very volatile
Liabilities And Stockholders Equity206.7 M318.7 M223.6 M
Slightly volatile
Other Stockholder Equity13.4 M14.1 M33.4 M
Slightly volatile
Total Current Assets120.1 M178.5 M125.9 M
Slightly volatile
Other Assets20.7 M34.1 M23.3 M
Pretty Stable
Total Liabilities95.5 M138.4 M107.3 M
Slightly volatile
Short and Long Term Debt Total8.2 M8.7 M20.3 M
Slightly volatile
Other Current Liabilities27.2 M40.9 M28.4 M
Slightly volatile
Total Current Liabilities64.1 M92.5 M69.2 M
Slightly volatile
Other Liabilities45.7 M43.5 M25.3 M
Slightly volatile
Property Plant And Equipment Net38.3 M50 M39.6 M
Slightly volatile
Accounts Payable16.7 M20.8 M16.6 M
Slightly volatile
Non Current Assets Total89 M140.1 M95.9 M
Slightly volatile
Non Currrent Assets Other23.6 M22.5 M13.3 M
Slightly volatile
Long Term Debt225.2 K237 K36.8 M
Slightly volatile
Net Receivables40 M45.4 M36.1 M
Slightly volatile
Good Will41.4 M39.4 M24 M
Slightly volatile
Common Stock Total Equity2.1 M2.3 MM
Slightly volatile
Non Current Liabilities Total33 M46 M37.8 M
Slightly volatile
Inventory17.2 M26.9 M18.3 M
Slightly volatile
Other Current Assets55.4 M52.7 M33.7 M
Slightly volatile
Property Plant And Equipment Gross156.2 M148.7 M54 M
Slightly volatile
Short Term Debt6.6 M3.7 M7.7 M
Slightly volatile
Intangible AssetsM10.8 M9.5 M
Slightly volatile
Common Stock2.1 M2.3 MM
Slightly volatile
Property Plant Equipment37.5 M63.8 M40.5 M
Slightly volatile
Current Deferred Revenue14.7 M27.1 M16.8 M
Slightly volatile
Short Term Investments113 K119 K3.2 M
Slightly volatile
Net Tangible Assets65.4 M84.3 M81.4 M
Pretty Stable
Deferred Long Term Liabilities1.9 M3.4 M1.6 M
Slightly volatile
Long Term Investments4.3 M2.9 M4.5 M
Pretty Stable
Short and Long Term Debt337.2 K355 K5.4 M
Slightly volatile
Capital Surpluse81.8 M90.5 M75.9 M
Slightly volatile
Non Current Liabilities Other3.8 MMM
Slightly volatile
Net Invested Capital140.4 M175 M150 M
Slightly volatile
Net Working Capital56.8 M86.1 M70.2 M
Pretty Stable
Long Term Debt Total45 M44.8 M56.8 M
Slightly volatile
Capital Stock1.6 M1.8 M1.9 M
Slightly volatile
Capital Lease Obligations5.1 M8.1 M10 M
Slightly volatile

Ituran Location Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue186.5 M320 M211.5 M
Slightly volatile
Gross Profit89.9 M153.2 M102.8 M
Slightly volatile
Other Operating Expenses147.8 M254.1 M167.2 M
Slightly volatile
Research Development17.8 M17 M7.6 M
Slightly volatile
Cost Of Revenue96.6 M166.8 M108.8 M
Slightly volatile
Total Operating Expenses51.2 M87.3 M58.4 M
Slightly volatile
Income Tax Expense11.5 M13.4 M12.2 M
Slightly volatile
Selling General Administrative39.5 M56.6 M41.8 M
Slightly volatile
Net Income Applicable To Common Shares27.5 M42.7 M28.8 M
Slightly volatile
Selling And Marketing Expenses11.1 M13.6 M10.5 M
Slightly volatile
Net Income From Continuing Ops38.1 M50.3 M33.1 M
Slightly volatile
Tax Provision11 M13.4 M13.3 M
Pretty Stable
Interest Income863.1 K1.6 M1.1 M
Pretty Stable
Reconciled Depreciation20.3 M21.1 M16.3 M
Slightly volatile

Ituran Location Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow66.1 M63 M33.6 M
Slightly volatile
Begin Period Cash Flow39.6 M27.9 M38.9 M
Slightly volatile
Depreciation14.4 M21.1 M15.4 M
Slightly volatile
Capital Expenditures15.4 M14.2 M15.3 M
Slightly volatile
Total Cash From Operating Activities42.7 M77.2 M46.3 M
Slightly volatile
Net Income31.1 M48.1 M31.5 M
Slightly volatile
End Period Cash Flow43 M53.4 M39.7 M
Slightly volatile
Dividends Paid17.3 M11.6 M17.1 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.21.70262.3853
Slightly volatile
Dividend Yield0.02020.02120.0383
Slightly volatile
Days Sales Outstanding90.9251.776564.8203
Pretty Stable
Book Value Per Share9.469.01256.1208
Slightly volatile
Free Cash Flow Yield0.120.11560.0703
Slightly volatile
Operating Cash Flow Per Share4.053.86092.3263
Slightly volatile
Stock Based Compensation To Revenue0.00190.00210.0023
Slightly volatile
Capex To Depreciation1.260.6761.0236
Pretty Stable
EV To Sales3.061.56272.2783
Slightly volatile
Free Cash Flow Per Share3.313.14881.5976
Slightly volatile
ROIC0.310.29870.3082
Slightly volatile
Inventory Turnover6.886.20786.2836
Pretty Stable
Days Of Inventory On Hand48.458.796659.3287
Pretty Stable
Payables Turnover4.898.00396.6336
Pretty Stable
Sales General And Administrative To Revenue0.220.1770.1986
Slightly volatile
Research And Ddevelopement To Revenue0.05570.05310.0301
Slightly volatile
Capex To Revenue0.08680.04450.0725
Very volatile
Cash Per Share1.512.67771.9497
Slightly volatile
POCF Ratio6.77.055312.3935
Slightly volatile
Interest Coverage33.0534.7864166
Pretty Stable
Payout Ratio0.230.24020.6252
Pretty Stable
Capex To Operating Cash Flow0.180.18450.3239
Very volatile
PFCF Ratio8.228.651118.4563
Slightly volatile
Days Payables Outstanding69.6545.602856.8688
Very volatile
Income Quality1.441.60411.9841
Very volatile
ROE0.40.27590.3679
Slightly volatile
EV To Operating Cash Flow6.156.475612.0157
Slightly volatile
EV To Free Cash Flow7.547.940117.842
Slightly volatile
Intangibles To Total Assets0.080.15760.1128
Slightly volatile
Current Ratio2.431.93091.9384
Very volatile
Tangible Book Value Per Share6.836.50094.516
Slightly volatile
Receivables Turnover4.157.04955.8087
Pretty Stable
Graham Number22.8221.734113.8222
Slightly volatile
Debt To Equity0.00320.00340.5433
Slightly volatile
Capex Per Share0.530.71210.7147
Slightly volatile
Revenue Per Share16.815.998910.7561
Slightly volatile
Interest Debt Per Share0.120.12440.8991
Slightly volatile
Debt To Assets0.00180.00190.08
Pretty Stable
Short Term Coverage Ratios207218282
Pretty Stable
Operating Cycle157111125
Pretty Stable
Days Of Payables Outstanding69.6545.602856.8688
Very volatile
Dividend Payout Ratio0.230.24020.6252
Pretty Stable
Price To Operating Cash Flows Ratio6.77.055312.3935
Slightly volatile
Price To Free Cash Flows Ratio8.228.651118.4563
Slightly volatile
Ebt Per Ebit1.030.97651.0154
Slightly volatile
Long Term Debt To Capitalization0.00130.00140.2174
Slightly volatile
Total Debt To Capitalization0.00320.00340.1425
Pretty Stable
Debt Equity Ratio0.00320.00340.5433
Slightly volatile
Quick Ratio2.121.64031.6663
Very volatile
Dividend Paid And Capex Coverage Ratio2.042.99251.8907
Pretty Stable
Net Income Per E B T0.510.74740.6828
Slightly volatile
Cash Ratio0.850.57790.6161
Pretty Stable
Cash Conversion Cycle87.864.970368.4888
Pretty Stable
Operating Cash Flow Sales Ratio0.240.24130.2225
Slightly volatile
Days Of Inventory Outstanding48.458.796659.3287
Pretty Stable
Days Of Sales Outstanding90.9251.776564.8203
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.50.81550.6547
Pretty Stable
Cash Flow Coverage Ratios121130267
Pretty Stable
Fixed Asset Turnover6.096.39625.5398
Slightly volatile
Capital Expenditure Coverage Ratio3.595.42153.4584
Very volatile
Price Cash Flow Ratio6.77.055312.3935
Slightly volatile
Debt Ratio0.00180.00190.08
Pretty Stable
Cash Flow To Debt Ratio121130267
Pretty Stable
Price Sales Ratio3.21.70262.3853
Slightly volatile
Asset Turnover0.751.0040.9704
Slightly volatile
Gross Profit Margin0.380.47870.4675
Very volatile
Return On Equity0.40.27590.3679
Slightly volatile

Ituran Location Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap293.4 M330.1 M359.4 M
Slightly volatile
Enterprise Value261 M293.7 M319.8 M
Slightly volatile

Ituran Fundamental Market Drivers

Cash And Short Term Investments53.6 M

Ituran Upcoming Events

27th of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Ituran Location Financial Statements

Ituran Location investors utilize fundamental indicators, such as revenue or net income, to predict how Ituran Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue27.1 M14.7 M
Total Revenue320 M186.5 M
Cost Of Revenue166.8 M96.6 M
Sales General And Administrative To Revenue 0.18  0.22 
Research And Ddevelopement To Revenue 0.05  0.06 
Capex To Revenue 0.04  0.09 
Revenue Per Share 16.00  16.80 
Ebit Per Revenue 0.21  0.17 

Pair Trading with Ituran Location

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ituran Location position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ituran Location will appreciate offsetting losses from the drop in the long position's value.

Moving against Ituran Stock

  0.44FCUV Focus UniversalPairCorr
  0.39GNSS Genasys Fiscal Year End 5th of December 2024 PairCorr
The ability to find closely correlated positions to Ituran Location could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ituran Location when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ituran Location - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ituran Location and to buy it.
The correlation of Ituran Location is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ituran Location moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ituran Location moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ituran Location can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Ituran Location offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ituran Location's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ituran Location And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ituran Location And Stock:
Check out the analysis of Ituran Location Correlation against competitors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ituran Location. If investors know Ituran will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ituran Location listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.084
Dividend Share
1.41
Earnings Share
2.56
Revenue Per Share
16.522
Quarterly Revenue Growth
0.039
The market value of Ituran Location is measured differently than its book value, which is the value of Ituran that is recorded on the company's balance sheet. Investors also form their own opinion of Ituran Location's value that differs from its market value or its book value, called intrinsic value, which is Ituran Location's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ituran Location's market value can be influenced by many factors that don't directly affect Ituran Location's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ituran Location's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ituran Location is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ituran Location's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.