Company Information

  

Address: ONE AZRIELI CENTER
ROUND TOWER, FLOOR 23 
City: TEL AVIV 
State:  
Zip Code: 6701101 
Telephone: 97239333121 

Description of Business

Primary SIC Code: 2834
(As filed with the SEC)  

Kitov Parent was incorporated under the laws of the State of Israel (under a previous name) on August 12, 1968 and its ordinary shares were originally listed for trading on the TASE in 1978. Our ordinary shares are currently traded on the TASE under the symbol "KTOV", and our ADSs and our public warrants are traded on NASDAQ under the symbols "KTOV" and "KTOVW", respectively. In October 2012, the District Court in Lod, Israel approved the creditors arrangement in accordance with Section 350 of the Companies Law in order to effectuate the sale by Kitov Parent (then known as Mainrom Line Logistics Ltd.) of all its activities, assets, rights, obligations and liabilities to a private company held by its then controlling shareholders, and all rights of Kitov Parent's creditors against it were extinguished. The sale was made pursuant to an arrangement between Kitov Parent and its creditors.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
There's no share overview data.

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.39Total Liab/Total Assets0.10
Net Inc/Total Assets-0.81Total Liab/Inv Cap0.12
Net Inc/Inv Cap-0.94Total Liab/Comm Equity0.05
Pretax Inc/Net SalesNAInterest Coverage Ratio-197.77
Net Inc/Net SalesNACurr Debt/Equity0.06
Cash Flow/Net SalesNALTD/EquityNA
SG&A/NetSalesNATotal Debt/Equity0.06
Asset Utilization   Liquidity  
Net Receivables TurnoverNAQuick Ratio11.70
Inventory TurnoverNACurrent Ratio11.70
Inventory Day SalesNANet Rec/Curr Assets0.02
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&ENA  

Income Statement (Millions)

  12/31/2016 12/31/2015 6/30/2015 12/31/2014
Total Revenues(Net Sales) NA NA NA NA
Cost of Goods Sold NA NA NA NA
Selling & Admin Exps 3.00 1.51 0.71 1.99
Operating Income -7.18 -4.07 -1.63 -5.18
Interest Exp 0.06 0.23 0.06 0.35
Pretax Income -12.13 -4.20 -1.63 -5.25
Other Income -4.88 0.09 0.00 0.27
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -12.13 -4.20 -1.68 -5.25

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 6/30/2015 12/31/2014
Cash & Short Term Investments 14.66 10.56 1.65 1.31
Receivables - Total 0.24 0.25 0.35 0.45
Inventories - Total NA NA NA NA
Total Current Assets 14.90 10.80 2.00 1.76
Net Property, Plant & Equipment 0.02 0.01 0.01 0.00
Total Assets 14.91 10.81 2.01 1.76
Liabilities        
Accounts Payable 0.52 0.35 0.23 0.50
Debt in Current Liabilities 0.76 0.85 0.56 0.49
Total Current Liabilities 1.27 1.20 0.79 0.99
Long-Term Debt NA NA NA NA
Total Liabilities 1.53 1.38 0.88 0.99
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.00 0.00 0.00 0.00
Retained Earnings -26.20 -14.05 -11.53 -9.85
Treasury Stock NA NA NA NA
Total Stockholders' Equity 13.39 9.43 1.13 0.77
Total Liabilities and Stockholders' Equity 14.91 10.81 2.01 1.76

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 6/30/2015 12/31/2014
Net Cash Provided by Operating Activities -6.26 -3.31 -1.31 -4.53
Net Cash Provided by Investing Activities -7.91 -0.01 -0.01 0.00
Net Cash Provided by Financing Activities 10.42 12.63 1.68 5.82

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20130.00-2.63--
12/20140.00-5.25--
12/20150.00-4.20--
12/20160.00-12.12--
Growth RatesNaN----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17227--




Report Date : 10/16/2017

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