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ITRN (Ituran Location and Control) Debt-to-Asset : 0.02 (As of Jun. 2024)


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What is Ituran Location and Control Debt-to-Asset?

Ituran Location and Control's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.2 Mil. Ituran Location and Control's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $4.5 Mil. Ituran Location and Control's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $318.8 Mil. Ituran Location and Control's debt to asset for the quarter that ended in Jun. 2024 was 0.01.


Ituran Location and Control Debt-to-Asset Historical Data

The historical data trend for Ituran Location and Control's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ituran Location and Control Debt-to-Asset Chart

Ituran Location and Control Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.19 0.12 0.08 0.03

Ituran Location and Control Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.02 0.03 0.02 0.02

Competitive Comparison of Ituran Location and Control's Debt-to-Asset

For the Scientific & Technical Instruments subindustry, Ituran Location and Control's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ituran Location and Control's Debt-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ituran Location and Control's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Ituran Location and Control's Debt-to-Asset falls into.



Ituran Location and Control Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ituran Location and Control's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(3.653 + 5.011) / 318.688
=0.03

Ituran Location and Control's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.236 + 4.458) / 318.754
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ituran Location and Control  (NAS:ITRN) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Ituran Location and Control Debt-to-Asset Related Terms

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Ituran Location and Control Business Description

Traded in Other Exchanges
N/A
Address
3 Hashikma Street, Azour, ISR, 5800182
Ituran Location and Control Ltd is a provider of location-based services. The company operates in two segments, namely Telematics services, and Telematics products. The Telematics services segment consists of regionally- based stolen vehicle recovery (SVR) services, fleet management services, and value-added services comprised of personal advanced locater services and concierge services. The Telematics product segment consists of short and medium-range two-way machine-to-machine wireless communications products that are used for various applications, including automatic vehicle location, and automatic vehicle identification. Its geographical segments include Israel, Brazil, and Others.