Ituran Interest Coverage from 2010 to 2026
| ITRN Stock | USD 47.44 0.74 1.58% |
Interest Coverage | First Reported 2010-12-31 | Previous Quarter 40.47 | Current Value 38.45 | Quarterly Volatility 194.39475195 |
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 2.4 M, Total Revenue of 194.1 M or Gross Profit of 93.7 M, as well as many indicators such as Price To Sales Ratio of 2.79, Dividend Yield of 0.0484 or PTB Ratio of 1.54. Ituran financial statements analysis is a perfect complement when working with Ituran Location Valuation or Volatility modules.
Ituran | Interest Coverage | Build AI portfolio with Ituran Stock |
Evaluating Ituran Location's Interest Coverage across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Ituran Location and's fundamental strength.
Latest Ituran Location's Interest Coverage Growth Pattern
Below is the plot of the Interest Coverage of Ituran Location and over the last few years. It is Ituran Location's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ituran Location's overall financial position and show how it may be relating to other accounts over time.
| Interest Coverage | 10 Years Trend |
|
Interest Coverage |
| Timeline |
Ituran Interest Coverage Regression Statistics
| Arithmetic Mean | 126.26 | |
| Geometric Mean | 62.69 | |
| Coefficient Of Variation | 153.96 | |
| Mean Deviation | 121.46 | |
| Median | 38.45 | |
| Standard Deviation | 194.39 | |
| Sample Variance | 37,789 | |
| Range | 612 | |
| R-Value | (0.36) | |
| Mean Square Error | 35,095 | |
| R-Squared | 0.13 | |
| Significance | 0.16 | |
| Slope | (13.85) | |
| Total Sum of Squares | 604,629 |
Ituran Interest Coverage History
About Ituran Location Financial Statements
Ituran Location investors utilize fundamental indicators, such as Interest Coverage, 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 Reported | Projected for Next Year | ||
| Interest Coverage | 40.47 | 38.45 |
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 together with Ituran Stock
| 0.71 | VIAV | Viavi Solutions | PairCorr |
| 0.78 | 3YL | SMARTOPTICS GRP AS Earnings Call This Week | PairCorr |
| 0.75 | VSAT | ViaSat Inc Tech Boost | PairCorr |
Moving against Ituran Stock
| 0.86 | ALNTG | Netgem SA | PairCorr |
| 0.86 | FKWL | Franklin Wireless Corp Earnings Call Tomorrow | PairCorr |
| 0.74 | EXTR | Extreme Networks | PairCorr |
| 0.7 | PARRO | Parrot | PairCorr |
| 0.51 | OCC | Optical Cable | 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.Check out the analysis of Ituran Location Correlation against competitors. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Will Communications Equipment sector continue expanding? Could Ituran diversify its offerings? Factors like these will boost the valuation of Ituran Location. Market participants price Ituran higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Ituran Location data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.073 | Dividend Share 2 | Earnings Share 2.85 | Revenue Per Share | Quarterly Revenue Growth 0.105 |
Understanding Ituran Location requires distinguishing between market price and book value, where the latter reflects Ituran's accounting equity. The concept of intrinsic value - what Ituran Location's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Ituran Location's price substantially above or below its fundamental 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. In contrast, Ituran Location's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.