Ituran Location and Control Balance Sheet Health
Financial Health criteria checks 6/6
Ituran Location and Control has a total shareholder equity of $180.2M and total debt of $592.0K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are $318.7M and $138.4M respectively. Ituran Location and Control's EBIT is $66.0M making its interest coverage ratio 267. It has cash and short-term investments of $53.6M.
Key information
0.3%
Debt to equity ratio
US$592.00k
Debt
| Interest coverage ratio | 267x |
| Cash | US$53.55m |
| Equity | US$180.25m |
| Total liabilities | US$138.44m |
| Total assets | US$318.69m |
Recent financial health updates
We Think Ituran Location and Control (NASDAQ:ITRN) Can Stay On Top Of Its Debt
Apr 16
We Think Ituran Location and Control (NASDAQ:ITRN) Can Stay On Top Of Its Debt
Jan 03Recent updates
Ituran Q4: Stronger Uptake In Brazil May Drive Meaningful Subscriber Growth
Mar 08Ituran Location and Control (NASDAQ:ITRN) Will Pay A Larger Dividend Than Last Year At $0.39
Mar 05Ituran Location and Control (NASDAQ:ITRN) Has Announced That It Will Be Increasing Its Dividend To $0.24
Dec 13Ituran Location and Control (NASDAQ:ITRN) Has Announced A Dividend Of $0.15
Sep 22Ituran Location and Control (NASDAQ:ITRN) Is Due To Pay A Dividend Of $0.15
Sep 01Ituran Location and Control (NASDAQ:ITRN) Has Announced A Dividend Of $0.15
Aug 18Ituran Location and Control's (NASDAQ:ITRN) Shareholders Will Receive A Bigger Dividend Than Last Year
May 28Ituran Location and Control (NASDAQ:ITRN) Will Pay A Dividend Of $0.14
Sep 07At US$24.63, Is It Time To Put Ituran Location and Control Ltd. (NASDAQ:ITRN) On Your Watch List?
Sep 02Ituran Location GAAP EPS of $0.43 misses by $0.04, revenue of $73.4M beats by $1.46M
Aug 29Ituran Location and Control (NASDAQ:ITRN) Has Announced A Dividend Of US$0.14
Jun 10Ituran Location and Control (NASDAQ:ITRN) Has Announced A Dividend Of US$0.14
May 27Ituran: Solid Business With 4% Dividend Yields
Mar 17We Think Ituran Location and Control (NASDAQ:ITRN) Can Stay On Top Of Its Debt
Apr 16Is There Now An Opportunity In Ituran Location and Control Ltd. (NASDAQ:ITRN)?
Apr 01What Kind Of Investors Own Most Of Ituran Location and Control Ltd. (NASDAQ:ITRN)?
Mar 04We Think Ituran Location and Control (NASDAQ:ITRN) Can Stay On Top Of Its Debt
Jan 03Ituran Location And Control: Recurring-Revenue Automotive IoT Trading At Steep Discount
Dec 17Is Ituran Location and Control Ltd. (NASDAQ:ITRN) Potentially Undervalued?
Dec 07
Ituran Location EPS beats by $0.18, beats on revenue
Nov 18Financial Position Analysis
Short Term Liabilities: ITRN's short term assets ($178.5M) exceed its short term liabilities ($92.5M).
Long Term Liabilities: ITRN's short term assets ($178.5M) exceed its long term liabilities ($46.0M).
Debt to Equity History and Analysis
Debt Level: ITRN has more cash than its total debt.
Reducing Debt: ITRN's debt to equity ratio has reduced from 45.7% to 0.3% over the past 5 years.
Debt Coverage: ITRN's debt is well covered by operating cash flow (13043.6%).
Interest Coverage: ITRN's interest payments on its debt are well covered by EBIT (267x coverage).