Ituran Net Debt vs Total Revenue Analysis

ITRN Stock

USD 28.50 1.24 4.55%

Ituran Location financial indicator trend analysis is infinitely more than just investigating Ituran Location recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ituran Location is a good investment. Please check the relationship between Ituran Location Net Debt and its Total Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ituran Location and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Debt vs Total Revenue

Net Debt vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ituran Location Net Debt account and Total Revenue. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Ituran Location's Net Debt and Total Revenue is 0.16. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Ituran Location and, assuming nothing else is changed. The correlation between historical values of Ituran Location's Net Debt and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Ituran Location and are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Debt i.e., Ituran Location's Net Debt and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.16

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Revenue

Total revenue comprises all receipts Ituran Location generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from Ituran Location's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ituran Location current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ituran Location and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

As of the 21st of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.22, while Selling General Administrative is likely to drop about 39.5 M.

	2021	2022	2023	2024 (projected)
Gross Profit	126.5M	137.6M	153.2M	89.9M
Total Revenue	270.9M	293.1M	320.0M	186.5M

Gross Profit Total Revenue

Ituran Location fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Current Assets	Other Assets	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Other Liab	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets
Total Assets		0.88	0.48	0.75	0.78	0.76	0.41	-0.07	0.95	0.12	0.94	0.72	0.8	0.95	0.89	0.87	0.88	0.98	0.65	-0.12	0.95	0.9	0.47	0.87	0.95	0.82
Total Stockholder Equity	0.88		0.08	0.78	0.75	0.72	0.63	0.03	0.94	-0.2	0.67	0.33	0.78	0.76	0.77	0.89	0.79	0.81	0.7	-0.11	0.89	0.7	0.76	0.57	0.86	0.8
Net Debt	0.48	0.08		0.0	0.1	0.09	-0.06	0.06	0.24	0.42	0.68	0.88	0.03	0.48	0.35	0.34	0.37	0.6	-0.09	0.1	0.36	0.57	-0.44	0.79	0.41	0.19
Retained Earnings	0.75	0.78	0.0		0.58	0.59	0.12	-0.5	0.77	0.08	0.62	0.27	0.73	0.73	0.91	0.7	0.74	0.71	0.94	-0.47	0.83	0.75	0.73	0.5	0.79	0.89
Cash	0.78	0.75	0.1	0.58		0.99	0.56	0.17	0.86	-0.2	0.7	0.51	0.82	0.76	0.64	0.67	0.59	0.68	0.57	0.03	0.66	0.63	0.59	0.62	0.67	0.58
Cash And Short Term Investments	0.76	0.72	0.09	0.59	0.99		0.53	0.16	0.85	-0.19	0.7	0.51	0.83	0.76	0.63	0.63	0.59	0.66	0.57	0.02	0.65	0.62	0.57	0.6	0.65	0.58
Common Stock Shares Outstanding	0.41	0.63	-0.06	0.12	0.56	0.53		0.72	0.59	-0.72	0.21	0.05	0.44	0.29	0.1	0.58	0.32	0.31	0.1	0.46	0.37	0.1	0.46	0.15	0.38	0.23
Other Stockholder Equity	-0.07	0.03	0.06	-0.5	0.17	0.16	0.72		0.05	-0.69	-0.13	0.0	-0.11	-0.18	-0.42	0.03	-0.12	-0.13	-0.53	0.79	-0.13	-0.29	-0.11	-0.07	-0.2	-0.27
Total Current Assets	0.95	0.94	0.24	0.77	0.86	0.85	0.59	0.05		-0.12	0.82	0.54	0.89	0.9	0.81	0.86	0.88	0.86	0.66	0.0	0.93	0.77	0.63	0.71	0.9	0.84
Other Assets	0.12	-0.2	0.42	0.08	-0.2	-0.19	-0.72	-0.69	-0.12		0.32	0.38	0.0	0.26	0.2	-0.15	0.14	0.22	0.1	-0.56	0.05	0.28	-0.42	0.31	0.14	0.01
Total Liab	0.94	0.67	0.68	0.62	0.7	0.7	0.21	-0.13	0.82	0.32		0.89	0.71	0.95	0.84	0.73	0.81	0.95	0.53	-0.11	0.85	0.92	0.21	0.97	0.88	0.71
Short Long Term Debt Total	0.72	0.33	0.88	0.27	0.51	0.51	0.05	0.0	0.54	0.38	0.89		0.38	0.74	0.61	0.5	0.55	0.78	0.21	0.02	0.57	0.78	-0.15	0.96	0.6	0.41
Other Current Liab	0.8	0.78	0.03	0.73	0.82	0.83	0.44	-0.11	0.89	0.0	0.71	0.38		0.87	0.69	0.63	0.75	0.68	0.66	-0.07	0.77	0.61	0.57	0.52	0.81	0.73
Total Current Liabilities	0.95	0.76	0.48	0.73	0.76	0.76	0.29	-0.18	0.9	0.26	0.95	0.74	0.87		0.85	0.74	0.87	0.91	0.65	-0.17	0.89	0.86	0.34	0.84	0.93	0.78
Other Liab	0.89	0.77	0.35	0.91	0.64	0.63	0.1	-0.42	0.81	0.2	0.84	0.61	0.69	0.85		0.77	0.77	0.89	0.85	-0.38	0.89	0.95	0.56	0.79	0.89	0.86
Property Plant And Equipment Net	0.87	0.89	0.34	0.7	0.67	0.63	0.58	0.03	0.86	-0.15	0.73	0.5	0.63	0.74	0.77		0.75	0.85	0.65	-0.13	0.83	0.73	0.6	0.69	0.84	0.74
Accounts Payable	0.88	0.79	0.37	0.74	0.59	0.59	0.32	-0.12	0.88	0.14	0.81	0.55	0.75	0.87	0.77	0.75		0.81	0.57	-0.06	0.94	0.72	0.37	0.69	0.82	0.91
Non Current Assets Total	0.98	0.81	0.6	0.71	0.68	0.66	0.31	-0.13	0.86	0.22	0.95	0.78	0.68	0.91	0.89	0.85	0.81		0.63	-0.2	0.91	0.95	0.38	0.92	0.94	0.75
Non Currrent Assets Other	0.65	0.7	-0.09	0.94	0.57	0.57	0.1	-0.53	0.66	0.1	0.53	0.21	0.66	0.65	0.85	0.65	0.57	0.63		-0.6	0.68	0.69	0.74	0.41	0.73	0.72
Long Term Debt	-0.12	-0.11	0.1	-0.47	0.03	0.02	0.46	0.79	0.0	-0.56	-0.11	0.02	-0.07	-0.17	-0.38	-0.13	-0.06	-0.2	-0.6		-0.11	-0.3	-0.17	-0.05	-0.22	-0.11
Net Receivables	0.95	0.89	0.36	0.83	0.66	0.65	0.37	-0.13	0.93	0.05	0.85	0.57	0.77	0.89	0.89	0.83	0.94	0.91	0.68	-0.11		0.86	0.52	0.76	0.92	0.93
Good Will	0.9	0.7	0.57	0.75	0.63	0.62	0.1	-0.29	0.77	0.28	0.92	0.78	0.61	0.86	0.95	0.73	0.72	0.95	0.69	-0.3	0.86		0.35	0.91	0.88	0.74
Common Stock Total Equity	0.47	0.76	-0.44	0.73	0.59	0.57	0.46	-0.11	0.63	-0.42	0.21	-0.15	0.57	0.34	0.56	0.6	0.37	0.38	0.74	-0.17	0.52	0.35		0.12	0.5	0.6
Non Current Liabilities Total	0.87	0.57	0.79	0.5	0.62	0.6	0.15	-0.07	0.71	0.31	0.97	0.96	0.52	0.84	0.79	0.69	0.69	0.92	0.41	-0.05	0.76	0.91	0.12		0.78	0.61
Inventory	0.95	0.86	0.41	0.79	0.67	0.65	0.38	-0.2	0.9	0.14	0.88	0.6	0.81	0.93	0.89	0.84	0.82	0.94	0.73	-0.22	0.92	0.88	0.5	0.78		0.78
Other Current Assets	0.82	0.8	0.19	0.89	0.58	0.58	0.23	-0.27	0.84	0.01	0.71	0.41	0.73	0.78	0.86	0.74	0.91	0.75	0.72	-0.11	0.93	0.74	0.6	0.61	0.78

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Ituran Location Account Relationship Matchups

Ituran Location fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	339.2M	312.5M	293.0M	290.6M	318.7M	206.7M
Total Stockholder Equity	129.3M	127.2M	132.5M	145.8M	174.5M	108.1M
Net Debt	26.6M	(15.0M)	(17.1M)	(9.1M)	(44.8M)	(42.5M)
Retained Earnings	116.5M	127.7M	143.3M	169.0M	203.6M	213.7M
Cash	54.0M	72.2M	50.3M	27.9M	53.4M	39.4M
Cash And Short Term Investments	54.3M	78.8M	54.7M	28.2M	53.6M	43.6M
Common Stock Shares Outstanding	21.0M	20.8M	20.8M	20.4M	20M	17.8M
Liabilities And Stockholders Equity	339.2M	312.5M	293.0M	290.6M	318.7M	206.7M
Other Stockholder Equity	36.7M	36.4M	29.1M	20.7M	14.1M	13.4M
Total Current Assets	174.2M	179.4M	162.7M	150.7M	178.5M	120.1M
Other Assets	25.2M	28.4M	30.4M	29.7M	34.1M	20.7M
Total Liab	203.3M	182.6M	155.2M	137.7M	138.4M	95.5M
Short Long Term Debt Total	80.5M	57.1M	33.2M	18.8M	8.7M	8.2M
Other Current Liab	29.4M	45.4M	37.8M	34.4M	40.9M	27.2M
Total Current Liabilities	101.1M	112.7M	104.6M	93.3M	92.5M	64.1M
Other Liab	41.6M	33.1M	35.7M	37.9M	43.5M	45.7M
Property Plant And Equipment Net	61.5M	43.2M	40.3M	55.2M	50.0M	38.3M
Accounts Payable	22.7M	19.7M	21.3M	21.9M	20.8M	16.7M
Non Current Assets Total	165.1M	133.0M	130.3M	139.9M	140.1M	89.0M
Non Currrent Assets Other	14.8M	16.5M	19.4M	18.3M	22.5M	23.6M
Long Term Debt	49.8M	34.1M	13.2M	345K	237K	225.2K
Net Receivables	45.1M	39.3M	43.9M	45.8M	45.4M	40.0M
Good Will	50.1M	39.9M	40.0M	39.5M	39.4M	41.4M
Non Current Liabilities Total	102.3M	69.8M	50.6M	44.4M	46.0M	33.0M
Inventory	25.5M	22.6M	27.1M	28.5M	26.9M	17.2M
Other Current Assets	49.2M	38.6M	37.0M	48.2M	52.7M	55.4M
Property Plant And Equipment Gross	61.5M	43.2M	40.3M	55.2M	148.7M	156.2M
Accumulated Other Comprehensive Income	(25.9M)	(38.8M)	(41.9M)	(45.8M)	(45.2M)	(42.9M)
Short Term Debt	19.9M	23.2M	21.2M	14.9M	3.7M	6.6M
Intangible Assets	23.4M	19.4M	16.8M	12.6M	10.8M	9.0M
Property Plant Equipment	61.5M	43.2M	40.3M	55.5M	63.8M	37.5M
Current Deferred Revenue	29.1M	24.4M	24.3M	21.8M	27.1M	14.7M
Short Term Investments	358K	6.7M	4.4M	316K	119K	113.1K
Net Tangible Assets	55.9M	67.9M	75.7M	93.7M	84.3M	65.4M
Deferred Long Term Liab	3.0M	2.7M	2.8M	2.9M	3.4M	1.9M
Long Term Investments	4.9M	2.2M	2.8M	3.0M	2.9M	4.3M
Short Long Term Debt	18.1M	20.4M	18.3M	12.2M	355K	337.3K

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

0.44	FCUV	Focus Universal	Pair Corr
0.39	GNSS	Genasys Fiscal Year End 5th of December 2024	Pair Corr

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 Correlation Correlation 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:

How To Invest In Ituran

Details

Is Ituran Stock a good investment?

Details

What is Ituran Location's Net Worth?

Details

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ituran Location and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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.

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Ituran Net Debt vs Total Revenue Analysis

Net Debt vs Total Revenue

Net Debt vs Total Revenue Correlation Analysis

Correlation Coefficient

Net Debt

Total Revenue

Ituran Location fundamental ratios Correlations

Ituran Location Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ituran Location fundamental ratios Accounts

Pair Trading with Ituran Location

Moving against Ituran Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 0.99	Cash
Non Current Assets Total	+ 0.98	Total Assets
Non Current Liabilities Total	+ 0.97	Total Liab
Non Current Liabilities Total	+ 0.96	Short Long Term Debt Total
Total Current Assets	+ 0.95	Total Assets
Total Current Liabilities	+ 0.95	Total Assets

Other Assets	- 0.72	Common Stock Shares Outstanding
Other Assets	- 0.69	Other Stockholder Equity
Long Term Debt	- 0.6	Non Currrent Assets Other
Long Term Debt	- 0.56	Other Assets
Non Currrent Assets Other	- 0.53	Other Stockholder Equity
Other Stockholder Equity	- 0.5	Retained Earnings