Company Information

  

Address: 14 HAKTOR ST  
City: HAIFA BAY 
State:  
Zip Code: 26110 
Telephone: 914-345-9001 

Description of Business

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

The legal and commercial name of our company is Taro Pharmaceutical Industries Ltd. We were incorporated under the laws of the State of Israel in 1959 under the name Taro-Vit Chemical Industries Ltd. In 1984, we changed our name to Taro Vit Industries Ltd. and in 1994 we changed our name to Taro Pharmaceutical Industries Ltd., which was the name of a subsidiary of Taro Vit Industries Ltd. incorporated under the laws of the State of Israel in 1950. 21 -------------------------------------------------------------------------------- In 1961, we completed the initial public offering of our ordinary shares. In that year, we also acquired 97% of the outstanding stock of an Israeli corporation, then known as Taro Pharmaceutical Industries Ltd. ("TPIL"). In 1981, we sold 37% of our interest in TPIL. In 1993, after acquiring all of the outstanding shares of TPIL, we merged TPIL into our company.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20185.26NA18.77
12/20175.16NA20.29
03/201711.06NA10.54
12/201611.68NA9.01
09/201612.68NA8.72
06/201612.80NA11.38
03/201612.63NA11.34
12/201513.51NA11.44

Key Financial Ratios and Statistics

FYE: 03/31

Profitability 2018 Leverage 2018
Net Inc/Comm Equity-0.61Total Liab/Total Assets0.09
Net Inc/Total Assets0.09Total Liab/Inv Cap0.10
Net Inc/Inv Cap0.10Total Liab/Comm Equity-0.66
Pretax Inc/Net Sales0.44Interest Coverage RatioNA
Net Inc/Net Sales0.32Curr Debt/EquityNA
Cash Flow/Net Sales0.49LTD/EquityNA
SG&A/NetSales0.14Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover1.66Quick Ratio8.12
Inventory Turnover1.39Current Ratio8.79
Inventory Day Sales0.00Net Rec/Curr Assets0.17
Net Sales/Work Cap0.39Inv/Curr Assets0.08
Net Sales/PP&E3.42  

Income Statement (Millions)

  3/31/2018 3/31/2017 3/31/2016 3/31/2015
Total Revenues(Net Sales) 661.91 879.39 950.75 862.94
Cost of Goods Sold 198.41 208.14 171.79 186.36
Selling & Admin Exps 90.08 85.66 93.34 83.44
Operating Income 303.01 514.95 614.47 527.63
Interest Exp NA NA NA NA
Pretax Income 292.37 560.80 636.82 581.68
Other Income 1.89 11.21 2.68 54.05
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 211.15 456.36 540.93 484.26

Balance Sheet (Millions)

Assets 3/31/2018 3/31/2017 3/31/2016 3/31/2015
Cash & Short Term Investments 1,126.43 603.95 580.33 485.30
Receivables - Total 329.42 470.20 509.34 473.34
Inventories - Total 144.60 141.05 138.55 120.27
Total Current Assets 1,896.64 1,999.02 1,877.60 1,513.81
Net Property, Plant & Equipment 193.73 180.09 159.46 153.05
Total Assets 2,433.21 2,289.75 2,188.03 1,737.75
Liabilities        
Accounts Payable 25.70 16.39 18.85 19.48
Debt in Current Liabilities NA NA NA 0.91
Total Current Liabilities 215.76 209.84 245.46 310.01
Long-Term Debt NA NA NA 4.98
Total Liabilities 228.05 222.26 256.89 326.03
Stockholder's Equity        
Minority Interest 5.24 6.31 6.00 5.66
Preferred Stock NA NA NA NA
Common Stock 0.68 0.68 0.68 0.68
Retained Earnings 2,662.33 2,451.18 1,994.82 1,453.89
Treasury Stock -610.01 -498.68 -203.78 -194.33
Total Stockholders' Equity 2,205.16 2,067.49 1,931.14 1,411.72
Total Liabilities and Stockholders' Equity 2,433.21 2,289.75 2,188.03 1,737.75

Cash Flow Summary (Millions)

Categories 3/31/2018 3/31/2017 3/31/2016 3/31/2015
Net Cash Provided by Operating Activities 323.69 437.54 395.13 406.79
Net Cash Provided by Investing Activities -241.64 -117.78 -284.73 -92.08
Net Cash Provided by Financing Activities -106.99 -294.90 -15.34 -10.92

Annual Summary Data (Millions)

Year Sales Net Income EPS
03/2014759.28360.398.15
03/2015862.94484.2611.32
03/2016950.75540.9312.63
03/2017879.39456.3611.06
03/2018661.91211.155.26
Growth Rates-3.37-12.51-10.37

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/181354,56511.58




Report Date : 7/16/2018

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