Iluka Resources Stock Piotroski F Score

ILU Stock   5.37  0.01  0.19%   
This module uses fundamental data of Iluka Resources to approximate its Piotroski F score. Iluka Resources F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Iluka Resources. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Iluka Resources financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iluka Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
At this time, Iluka Resources' Short and Long Term Debt Total is comparatively stable compared to the past year. Long Term Debt is likely to gain to about 195.4 M in 2024, despite the fact that Net Debt is likely to grow to (191.1 M).
At this time, it appears that Iluka Resources' Piotroski F Score is Inapplicable. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
3.0
Piotroski F Score - Inapplicable
Current Return On Assets

N/A

Focus
Change in Return on Assets

N/A

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

N/A

Focus
Current Ratio Change

N/A

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

N/A

Focus

Iluka Resources Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Iluka Resources is to make sure Iluka is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Iluka Resources' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Iluka Resources' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities233.9 M287.7 M
Significantly Down
Slightly volatile
Non Current Liabilities Total1.1 B1.1 B
Sufficiently Up
Slightly volatile
Total Assets1.8 B3.5 B
Way Down
Slightly volatile
Total Current Assets1.4 B1.3 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities85.1 M89.6 M
Notably Down
Very volatile

Iluka Resources F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Iluka Resources' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Iluka Resources in a much-optimized way.

About Iluka Resources Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Short Long Term Debt Total

264.35 Million

At this time, Iluka Resources' Short and Long Term Debt Total is comparatively stable compared to the past year.

About Iluka Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Iluka Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Iluka Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Iluka Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Iluka Stock Analysis

When running Iluka Resources' price analysis, check to measure Iluka Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Iluka Resources is operating at the current time. Most of Iluka Resources' value examination focuses on studying past and present price action to predict the probability of Iluka Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iluka Resources' price. Additionally, you may evaluate how the addition of Iluka Resources to your portfolios can decrease your overall portfolio volatility.