ITRN has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a companys Operating Income (EBIT) by its Interest Expense. Ituran Location and Control Ltd's Operating Income for the three months ended in Mar. 2016 was $11.5 Mil. Ituran Location and Control Ltd's Interest Expense for the three months ended in Mar. 2016 was $0.0 Mil. Ituran Location and Control Ltd has no debt. The higher the ratio, the stronger the companys financial strength is.
Ben Graham prefers companies interest coverage is at least 5. Ituran Location and Control Ltd has enough cash to cover all of its debt. Its financial situation is stable.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a companys Operating Income (EBIT) by its Interest Expense:
|The company did not have earnings to cover the interest expense.|
|The company had no debt.|
Ituran Location and Control Ltd's Interest Coverage for the fiscal year that ended in Dec. 2015 is calculated as
|Interest Coverage||=||-1||*||Operating Income (A: Dec. 2015 )||/||Interest Expense (A: Dec. 2015 )|
Ituran Location and Control Ltd's Interest Coverage for the quarter that ended in Mar. 2016 is calculated as
|Ituran Location and Control Ltd had no debt.|
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
The higher the ratio, the stronger the companys financial strength is.
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a companys overage financial strength.
Ituran Location and Control Ltd Annual Data
Ituran Location and Control Ltd Quarterly Data
|interest_coverage||No Debt||No Debt||71.34||No Debt||18.44||No Debt||38.07||No Debt||158.62||No Debt|
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.