Ituran Location and Control Ltd. (ITRN)

ITRN Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	67.47	53.43	27.85	50.31	72.18	53.96
Short-Term Investments	0.03	-	-	-	-	-
Trading Asset Securities	-	0.12	0.32	4.41	6.66	0.36
Cash & Short-Term Investments	67.5	53.55	28.17	54.71	78.85	54.32
Cash Growth	68.65%	90.13%	-48.52%	-30.61%	45.15%	1.93%
Receivables	47.88	45.39	45.82	43.92	39.34	45.09
Inventory	23.96	26.87	28.51	27.13	22.62	25.54
Prepaid Expenses	-	35.87	30.19	20.86	23	32.68
Other Current Assets	51.19	16.86	17.97	16.12	15.63	16.52
Total Current Assets	190.53	178.54	150.65	162.73	179.44	174.15
Property, Plant & Equipment	41.27	50.03	55.5	40.34	43.2	58.53
Long-Term Investments	2.85	2.93	2.97	2.75	2.17	4.93
Goodwill	39.27	39.4	39.51	40	39.86	50.09
Other Intangible Assets	9.11	10.83	12.62	16.75	19.93	26.32
Long-Term Deferred Tax Assets	13.79	14.45	11.4	11.09	11.36	10.39
Long-Term Deferred Charges	-	3.69	2.94	2.84	2.67	3.05
Other Long-Term Assets	23.87	18.83	15.33	16.51	13.84	11.79
Total Assets	320.67	318.69	290.93	293.02	312.47	339.24
Accounts Payable	17.25	20.84	21.94	21.28	19.72	22.66
Accrued Expenses	-	31.93	28.25	30.88	30.1	21.4
Short-Term Debt	-	0.14	0.21	0.2	0.92	-
Current Portion of Long-Term Debt	0.17	0.22	11.64	17.56	19.47	18.11
Current Portion of Leases	-	3.3	3.02	2.94	2.86	1.79
Current Unearned Revenue	24.11	27.12	21.78	24.33	24.35	29.15
Other Current Liabilities	45.24	8.92	6.13	6.95	15.31	7.97
Total Current Liabilities	86.77	92.46	92.97	104.13	112.73	101.07
Long-Term Debt	-	0.24	0.35	13.67	34.07	49.8
Long-Term Leases	4.33	4.77	6.89	1.75	2.69	10.84
Long-Term Unearned Revenue	12.59	13.26	13.04	8.9	8.54	9.76
Long-Term Deferred Tax Liabilities	0.56	1.12	1.53	1.95	2.49	2.87
Other Long-Term Liabilities	2.15	2.03	2.07	2.34	2.34	11.98
Total Liabilities	132.6	138.44	138.07	155.22	182.57	203.32
Common Stock	182.96	1.98	1.98	1.98	1.98	1.98
Additional Paid-In Capital	-	78.37	78.36	78.33	78.3	78.68
Retained Earnings	-	203.56	168.96	143.26	127.68	116.48
Treasury Stock	-	-64.29	-57.67	-49.23	-41.95	-41.95
Comprehensive Income & Other	-	-45.18	-45.83	-41.89	-38.83	-25.87
Total Common Equity	182.96	174.45	145.8	132.46	127.19	129.33
Minority Interest	5.12	5.8	7.06	5.34	2.71	6.58
Shareholders' Equity	188.08	180.25	152.86	137.8	129.9	135.91
Total Liabilities & Equity	320.67	318.69	290.93	293.02	312.47	339.24
Total Debt	4.5	8.66	22.1	36.12	60	80.54
Net Cash (Debt)	62.99	44.89	6.07	18.6	18.84	-26.22
Net Cash Growth	88.08%	639.40%	-67.35%	-1.31%	-	-
Net Cash Per Share	3.17	2.24	0.30	0.90	0.91	-1.25
Filing Date Shares Outstanding	19.89	19.89	20.11	20.51	20.81	20.81
Total Common Shares Outstanding	19.89	19.89	20.18	20.53	20.81	20.81
Working Capital	103.76	86.08	57.68	58.61	66.71	73.09
Book Value Per Share	9.20	8.77	7.23	6.45	6.11	6.21
Tangible Book Value	134.59	124.22	93.67	75.71	67.4	52.92
Tangible Book Value Per Share	6.77	6.24	4.64	3.69	3.24	2.54
Land	-	1.68	1.67	1.73	1.82	1.91
Buildings	-	5.43	5.49	5.82	6.42	6.45
Machinery	-	82.88	77.43	80.02	78.6	77.95
Leasehold Improvements	-	9.78	9.04	9.75	9.52	8.21

Source: S&P Capital IQ. Standard template. Financial Sources.