Ituran Net Debt vs Total Current Assets Analysis
ITRN Stock | USD 27.37 0.31 1.12% |
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 Current Assets 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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Net Debt vs Total Current Assets
Net Debt vs Total Current Assets 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 Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ituran Location's Net Debt and Total Current Assets is 0.23. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Assets 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 Current Assets 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 Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Debt i.e., Ituran Location's Net Debt and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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 Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Ituran Location's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 18th of May 2024, Enterprise Value Over EBITDA is likely to grow to 10.33, 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 |
Ituran Location fundamental ratios Correlations
Click cells to compare fundamentals
Ituran Location Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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) | (48.1M) | (45.7M) | |
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 | 20.1M | 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 | 5.4M | 5.1M | |
Other Current Liab | 29.4M | 48.3M | 40.8M | 37.4M | 44.2M | 27.8M | |
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 | 20.4M | 18.3M | 12.2M | 355K | 337.3K | |
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 |
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Is Ituran Location's industry 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 0.273 | Dividend Share 0.93 | Earnings Share 2.41 | Revenue Per Share 15.999 | Quarterly Revenue Growth 0.038 |
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.