LTC Properties Inc
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Penke I guess you are interested in LTC Properties Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of LTC Properties Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of LTC Properties Inc (30 sec.)

What can you expect buying and holding a share of LTC Properties Inc? (30 sec.)

How much money do you get?

$2.20

When do you have the money?

1 year

How often do you get paid?

100.0%

What is your share worth?

Current worth

$21.25

Expected worth in 1 year

$22.78

How sure are you?

97.5%

+ What do you gain per year?

Total Gains per Share

$3.73

Return On Investment

11.8%

For what price can you sell your share?

Current Price per Share

$31.68

Expected price per share

$29.94 - $33.18

How sure are you?

50%

1. Valuation of LTC Properties Inc (5 min.)

Live pricePrice per Share (EOD)

$31.68

Book Value per Share

$21.25

Intrinsic Value Per Share

$6.31 - $18.99

Total Value Per Share

$27.56 - $40.25

My calculation of the intrinsic value of LTC Properties Inc is based how much money is coming from the company's main activities (Free Cash Flow).

The following numbers are based on moving averages and per share and per quarter.
I use a 6% discount rate for the low estimation and 3% for the high estimation.
The current Free Cash Flow Per Share is 10Y: ($0.61) 3Y: ($0.57) TTM: ($0.58)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($0.00) 3Y: ($-0.02) TTM: ($-0.07)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$2.01	$2.36	$1.97 - $2.39
2	$3.63	$4.61	$1.66 - $2.34
3	$4.89	$6.75	$1.35 - $2.29
4	$5.82	$8.79	$1.04 - $2.24
5	$6.47	$10.72	$0.73 - $2.20
6	$6.85	$12.55	$0.42 - $2.15
7	$7.01	$14.29	$0.11 - $2.10
8	$6.95	$15.94	$-0.20 - $2.05
9	$6.71	$17.51	$-0.51 - $2.00
10	$6.31	$18.99	$-0.82 - $1.95

2. Growth of LTC Properties Inc (5 min.)

Is LTC Properties Inc growing?

	Current year	Previous year	Grow	Grow %
How rich?	$916.2m	$807.1m	$68m	7.8%

How much money is LTC Properties Inc making?

	Current year	Previous year	Grow	Grow %
Making money	$26.1m	$17.7m	$8.3m	32.0%
Net Profit Margin	52.7%	41.1%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of LTC Properties Inc (5 min.)

What can you expect buying and holding a share of LTC Properties Inc? (5 min.)

Welcome investor! LTC Properties Inc's management wants to use your money to grow the business. In return you get a share of LTC Properties Inc.

What can you expect buying and holding a share of LTC Properties Inc?

First you should know what it really means to hold a share of LTC Properties Inc. And how you can make/lose money.

Speculation

The Price per Share of LTC Properties Inc is $31.68. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

The fundamentals: the financial health trends of LTC Properties Inc.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in LTC Properties Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $21.25. Based on the TTM, the Book Value Change Per Share is $0.38 per quarter. Based on the YOY, the Book Value Change Per Share is $0.61 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.55 per quarter.

Based on historical numbers we can estimate the returns while holding a share of LTC Properties Inc.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	0.65	2.1%	0.52	1.6%	0.58	1.8%	0.49	1.5%	0.51	1.6%
Usd Book Value Change Per Share	1.30	4.1%	0.38	1.2%	0.61	1.9%	0.10	0.3%	0.16	0.5%
Usd Dividend Per Share	0.56	1.8%	0.55	1.7%	0.53	1.7%	0.53	1.7%	0.51	1.6%
Usd Total Gains Per Share	1.85	5.8%	0.93	2.9%	1.14	3.6%	0.63	2.0%	0.67	2.1%
Usd Price Per Share	32.12	-	33.10	-	37.46	-	37.90	-	41.01	-
Price to Earnings Ratio	12.26	-	24.63	-	22.18	-	35.00	-	28.83	-
Price-to-Total Gains Ratio	17.34	-	47.68	-	43.95	-	84.47	-	79.01	-
Price to Book Ratio	1.51	-	1.63	-	2.01	-	2.05	-	2.36	-
Price-to-Total Gains Ratio	17.34	-	47.68	-	43.95	-	84.47	-	79.01	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	31.68
Number of shares	31

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.55	0.53
Usd Book Value Change Per Share	0.38	0.10
Usd Total Gains Per Share	0.93	0.63
Gains per Quarter (31 shares)	28.89	19.46
Gains per Year (31 shares)	115.57	77.83

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	68	47	106	66	12	68
2	136	95	222	132	24	146
3	204	142	338	198	36	224
4	273	190	454	263	48	302
5	341	237	570	329	60	380
6	409	285	686	395	72	458
7	477	332	802	461	84	536
8	545	379	918	527	96	614
9	613	427	1034	593	108	692
10	681	474	1150	659	120	770

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	121.0	4.0	0.0	96.8%
Book Value Change Per Share	3.0	1.0	0.0	75.0%	6.0	6.0	0.0	50.0%	8.0	12.0	0.0	40.0%	21.0	19.0	0.0	52.5%	58.0	67.0	0.0	46.4%
Dividend per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	124.0	0.0	1.0	99.2%
Total Gains per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	19.0	1.0	0.0	95.0%	39.0	1.0	0.0	97.5%	119.0	6.0	0.0	95.2%

Fundamentals of LTC Properties Inc

About LTC Properties Inc

https://www.LTCreit.com
23
2829 Townsgate Road, Westlake Village, CA, United States, 91361-5693
Google Maps Bing Maps

LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 201 properties in 26 states with 29 operating partners. Based on its gross real estate investments, LTC's investment portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.

Fundamental data was last updated by Penke on 2024-04-04 18:03:03.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of LTC Properties Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit LTC Properties Inc earns for each $1 of revenue.

Above 10% is considered healthy but always compare LTC Properties Inc to the REIT - Healthcare Facilities industry mean.
A Net Profit Margin of 56.0% means that $0.56 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of LTC Properties Inc:

The MRQ is 56.0%. The company is making a huge profit. +2
The TTM is 52.7%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	56.0%	TTM	52.7%	+3.3%
TTM	52.7%	YOY	41.1%	+11.5%
TTM	52.7%	5Y	45.9%	+6.8%
5Y	45.9%	10Y	54.2%	-8.3%

Measures how much net profit LTC Properties Inc earns for each $1 of revenue.

Revenue is the amount of profit LTC Properties Inc generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit LTC Properties Inc earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare LTC Properties Inc to the REIT - Healthcare Facilities industry mean.
Can be used to compare companies within the REIT - Healthcare Facilities industry.

You typically want a high profit margin. This means that for each $1 in sales, LTC Properties Inc makes more profit. This shows the investor how efficiently LTC Properties Inc is operating in general and compared to other companies in the same industry. LTC Properties Inc operates in the REIT - Healthcare Facilities industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of LTC Properties Inc. If profit margins remain low (compared to the REIT - Healthcare Facilities industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of LTC Properties Inc is 0.56. This means that LTC Properties Inc earned $0.56 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the REIT - Healthcare Facilities industry is .
What is the trend?
The trend is important because it shows you how LTC Properties Inc is performing over time. The most recent quarter might be important if LTC Properties Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for LTC Properties Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare LTC Properties Inc with other companies in the same industry (REIT - Healthcare Facilities).
Net profit margin should rise over the years.
Can be influenced when LTC Properties Inc sells assets (profit will increase while costs remain the same).
It won’t show what part of LTC Properties Inc is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of LTC Properties Inc

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ LTC Properties Inc = 28,230
Total revenue MRQ LTC Properties Inc = 50,384
$28,230 / $50,384 = 0.56 or 56.0%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient LTC Properties Inc is using its assets to generate profit.

Above 5% is considered healthy but always compare LTC Properties Inc to the REIT - Healthcare Facilities industry mean.
1.5% Return on Assets means that LTC Properties Inc generated $0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of LTC Properties Inc:

The MRQ is 1.5%. Using its assets, the company is less efficient in making profit.
The TTM is 1.4%. Using its assets, the company is less efficient in making profit.

Trends

Current period		Compared to		+/-
MRQ	1.5%	TTM	1.4%	+0.1%
TTM	1.4%	YOY	1.1%	+0.3%
TTM	1.4%	5Y	1.3%	+0.1%
5Y	1.3%	10Y	1.6%	-0.3%

Shows how efficient LTC Properties Inc is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare LTC Properties Inc to the REIT - Healthcare Facilities industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively LTC Properties Inc is using its resources to generate profit. If the return on assets (1.5%) from LTC Properties Inc are higher than the REIT - Healthcare Facilities mean () that means LTC Properties Inc is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of LTC Properties Inc is 1.5%. This means the company generated $0.02 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the REIT - Healthcare Facilities industry is .
What is the trend?
The trend is important because it shows you how LTC Properties Inc is performing over time. The most recent quarter might be important if LTC Properties Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for LTC Properties Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example LTC Properties Inc

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from LTC Properties Inc = 28,230
Total assets MRQ (balance sheet) from LTC Properties Inc = 1,855,098
28,230 / 1,855,098 = 0.02 or 1.5%

ROA is an important ratio as it will tell you how effectively LTC Properties Inc is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient LTC Properties Inc is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare LTC Properties Inc to the REIT - Healthcare Facilities industry mean.
3.2% Return on Equity means LTC Properties Inc generated $0.03 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of LTC Properties Inc:

The MRQ is 3.2%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 3.1%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	3.2%	TTM	3.1%	+0.1%
TTM	3.1%	YOY	2.2%	+0.9%
TTM	3.1%	5Y	2.6%	+0.5%
5Y	2.6%	10Y	2.9%	-0.4%

Shows how efficient LTC Properties Inc is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare LTC Properties Inc to the REIT - Healthcare Facilities industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the REIT - Healthcare Facilities industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of LTC Properties Inc is 3.2%. This means LTC Properties Inc generated $0.03 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the REIT - Healthcare Facilities industry is .
What is the trend?
The trend is important because it shows you how LTC Properties Inc is performing over time. The most recent quarter might be important if LTC Properties Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for LTC Properties Inc up to 10 years back (depending if LTC Properties Inc existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of LTC Properties Inc

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) LTC Properties Inc = 28,230
Shareholders equity (balance sheet) MRQ LTC Properties Inc = 881,279
28,230 / 881,279 = 0.03 or 3.2%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of LTC Properties Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient LTC Properties Inc is operating .

Measures how much profit LTC Properties Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare LTC Properties Inc to the REIT - Healthcare Facilities industry mean.
An Operating Margin of 72.6% means the company generated $0.73 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of LTC Properties Inc:

The MRQ is 72.6%. The company is operating very efficient. +2
The TTM is 65.9%. The company is operating very efficient. +2

Trends

Current period		Compared to		+/-
MRQ	72.6%	TTM	65.9%	+6.6%
TTM	65.9%	YOY	56.0%	+9.9%
TTM	65.9%	5Y	58.1%	+7.8%
5Y	58.1%	10Y	63.1%	-5.0%

Measures how efficient LTC Properties Inc is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare LTC Properties Inc to the REIT - Healthcare Facilities industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit LTC Properties Inc is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of LTC Properties Inc is 72.6%. This means that LTC Properties Inc earned $0.73 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the REIT - Healthcare Facilities industry is .
What is the trend?
The trend is important because it shows you how LTC Properties Inc is performing over time. The most recent quarter might be important if LTC Properties Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for LTC Properties Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of LTC Properties Inc

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ LTC Properties Inc = 36,557
Total revenue MRQ LTC Properties Inc = 50,384
$36,557 / $50,384 = 0.73 or 72.6%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient LTC Properties Inc is keeping operating costs low.

Below 1 is considered healthy (always compare to REIT - Healthcare Facilities industry mean).
An Operation Ratio of 0.27 means that the operating costs are $0.27 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of LTC Properties Inc:

The MRQ is 0.274. The company is very efficient in keeping operating costs low. +2
The TTM is 0.366. The company is very efficient in keeping operating costs low. +2

Trends

Current period		Compared to		+/-
MRQ	0.274	TTM	0.366	-0.091
TTM	0.366	YOY	0.448	-0.082
TTM	0.366	5Y	0.430	-0.064
5Y	0.430	10Y	0.455	-0.025

Measures how efficient LTC Properties Inc is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare LTC Properties Inc to the REIT - Healthcare Facilities industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of LTC Properties Inc is 27.4%. This means that LTC Properties Inc earned $0.27 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the REIT - Healthcare Facilities industry is .
What is the trend?
The trend is important because it shows you how LTC Properties Inc is performing over time. The most recent quarter might be important if LTC Properties Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for LTC Properties Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example LTC Properties Inc

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(3,707 +10,120) \ 50,384 = 0.27

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of LTC Properties Inc.

1.3. Liquidity

1.3.1. Current Ratio

Measures if LTC Properties Inc is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to REIT - Healthcare Facilities industry mean).
A Current Ratio of 18.20 means the company has $18.20 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of LTC Properties Inc:

The MRQ is 18.197. The company is very able to pay all its short-term debts. +2
The TTM is 6.228. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	18.197	TTM	6.228	+11.970
TTM	6.228	YOY	3.907	+2.321
TTM	6.228	5Y	8.511	-2.284
5Y	8.511	10Y	8.907	-0.395

Measures if LTC Properties Inc is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to REIT - Healthcare Facilities industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for LTC Properties Inc if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of LTC Properties Inc is 18.20. This means LTC Properties Inc has $18.20 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the REIT - Healthcare Facilities industry is .
What is the trend?
The trend is important because it shows you how LTC Properties Inc is performing over time. The most recent quarter might be important if LTC Properties Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for LTC Properties Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example LTC Properties Inc

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
864,627 \ 47,514) = 18.20

The current ratio measures if LTC Properties Inc is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if LTC Properties Inc is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then LTC Properties Inc does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate LTC Properties Inc is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if LTC Properties Inc is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare LTC Properties Inc to the REIT - Healthcare Facilities industry mean.
A Quick Ratio of 24.04 means the company can pay off $24.04 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of LTC Properties Inc:

The MRQ is 24.042. The company is very able to pay all its short-term debts with the most liquid assets. +2
The TTM is 9.795. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	24.042	TTM	9.795	+14.247
TTM	9.795	YOY	5.268	+4.527
TTM	9.795	5Y	24.078	-14.283
5Y	24.078	10Y	22.386	+1.692

Measures if LTC Properties Inc is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare LTC Properties Inc to the REIT - Healthcare Facilities industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast LTC Properties Inc can pay off its short term debts. This shows if LTC Properties Inc can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of LTC Properties Inc is 24.04. This means that LTC Properties Inc can pay off $24.04 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the REIT - Healthcare Facilities industry is .
What is the trend?
The trend is important because it shows you how LTC Properties Inc is performing over time. The most recent quarter might be important if LTC Properties Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for LTC Properties Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example LTC Properties Inc

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio LTC Properties Inc: (20,286 + 987,965 +134,076) / 47,514 = 24.04

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of LTC Properties Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of LTC Properties Inc assets are financed with debt.

Below 1 (100%) is considered healthy but always compare LTC Properties Inc to REIT - Healthcare Facilities industry mean.
A Debt to Asset Ratio of 0.51 means that LTC Properties Inc assets are financed with 50.6% credit (debt) and the remaining percentage (100% - 50.6%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of LTC Properties Inc:

The MRQ is 0.506. The company is able to pay all its debts by selling its assets. +1
The TTM is 0.526. The company is able to pay all its debts by selling its assets. +1

Trends

Current period		Compared to		+/-
MRQ	0.506	TTM	0.526	-0.019
TTM	0.526	YOY	0.498	+0.028
TTM	0.526	5Y	0.491	+0.035
5Y	0.491	10Y	0.460	+0.030

Measures how much % of LTC Properties Inc assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake LTC Properties Inc than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare LTC Properties Inc to REIT - Healthcare Facilities industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of LTC Properties Inc is 0.51. This means means that LTC Properties Inc is financed with 50.6% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the REIT - Healthcare Facilities industry is .
What is the trend?
The trend is important because it shows you how LTC Properties Inc is performing over time. The most recent quarter might be important if LTC Properties Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for LTC Properties Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why LTC Properties Inc has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example LTC Properties Inc

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
938,831 \ 1,855,098 = 50.6% or 0.51.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if LTC Properties Inc is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare LTC Properties Inc to the REIT - Healthcare Facilities industry mean.
A Debt to Equity ratio of 106.5% means that company has $1.07 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of LTC Properties Inc:

The MRQ is 1.065. The company is able to pay all its debts with equity. +1
The TTM is 1.153. The company is able to pay all its debts with equity. +1

Trends

Current period		Compared to		+/-
MRQ	1.065	TTM	1.153	-0.087
TTM	1.153	YOY	1.010	+0.143
TTM	1.153	5Y	0.985	+0.168
5Y	0.985	10Y	0.880	+0.105

Measures if LTC Properties Inc is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of LTC Properties Inc is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of LTC Properties Inc is 1.07. This means that LTC Properties Inc can pay off $1.07 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the REIT - Healthcare Facilities industry is .
What is the trend?
The trend is important because it shows you how LTC Properties Inc is performing over time. The most recent quarter might be important if LTC Properties Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for LTC Properties Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example LTC Properties Inc

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
938,831 \ 881,279 = 1.07 or 106.5%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of LTC Properties Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings LTC Properties Inc generates.

Above 15 is considered overpriced but always compare LTC Properties Inc to the REIT - Healthcare Facilities industry mean.
A PE ratio of 12.26 means the investor is paying $12.26 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of LTC Properties Inc:

The EOD is 12.095. Based on the earnings, the company is underpriced. +1
The MRQ is 12.263. Based on the earnings, the company is underpriced. +1
The TTM is 24.627. Based on the earnings, the company is fair priced.

Trends

Current period		Compared to		+/-
EOD	12.095	MRQ	12.263	-0.168
MRQ	12.263	TTM	24.627	-12.364
TTM	24.627	YOY	22.178	+2.448
TTM	24.627	5Y	35.001	-10.374
5Y	35.001	10Y	28.829	+6.172

Measures how much money you pay for each share for every $1 in earnings LTC Properties Inc generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare LTC Properties Inc to the REIT - Healthcare Facilities industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of LTC Properties Inc is 12.26. This means the investor is paying $12.26 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the REIT - Healthcare Facilities industry is .
What is the trend?
The trend is important because it shows you how LTC Properties Inc is performing over time. The most recent quarter might be important if LTC Properties Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for LTC Properties Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example LTC Properties Inc

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 42,046 = EPS
PE ratio MRQ = 12.26

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of LTC Properties Inc:

The EOD is 16.425. Based on how much money comes from the company's main activities, the company is underpriced. +1
The MRQ is 16.653. Based on how much money comes from the company's main activities, the company is underpriced. +1
The TTM is 15.205. Based on how much money comes from the company's main activities, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	16.425	MRQ	16.653	-0.228
MRQ	16.653	TTM	15.205	+1.447
TTM	15.205	YOY	16.412	-1.207
TTM	15.205	5Y	15.818	-0.612
5Y	15.818	10Y	17.332	-1.514

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of LTC Properties Inc is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to REIT - Healthcare Facilities industry mean).
A PB ratio of 1.51 means the investor is paying $1.51 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of LTC Properties Inc:

The EOD is 1.491. Based on the equity, the company is underpriced. +1
The MRQ is 1.511. Based on the equity, the company is underpriced. +1
The TTM is 1.632. Based on the equity, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	1.491	MRQ	1.511	-0.021
MRQ	1.511	TTM	1.632	-0.121
TTM	1.632	YOY	2.008	-0.376
TTM	1.632	5Y	2.046	-0.414
5Y	2.046	10Y	2.357	-0.311

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of LTC Properties Inc.

3.1. Institutions holding LTC Properties Inc

Institutions are holding 73.032% of the shares of LTC Properties Inc.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	BlackRock Inc	17.7115	0.0063	7635904	272260	3.6974
2023-12-31	Vanguard Group Inc	15.3167	0.0046	6603427	-40380	-0.6078
2023-12-31	State Street Corporation	7.5997	0.0051	3276448	93577	2.94
2023-12-31	Bank of New York Mellon Corp	2.2913	0.0064	987846	-9116	-0.9144
2023-12-31	Geode Capital Management, LLC	2.2875	0.0033	986219	41585	4.4022
2023-12-31	Charles Schwab Investment Management Inc	1.5525	0.0055	669340	24322	3.7707
2023-12-31	Morgan Stanley - Brokerage Accounts	1.394	0.0017	601001	66721	12.488
2023-12-31	Dimensional Fund Advisors, Inc.	1.2965	0.0052	558950	-15187	-2.6452
2023-12-31	Northern Trust Corp	1.1001	0.0028	474304	-126779	-21.0918
2023-12-31	Amvescap Plc.	0.9768	0.0032	421138	175512	71.455
2023-12-31	Goldman Sachs Group Inc	0.9566	0.0012	412436	276191	202.7164
2023-12-31	Legal & General Group PLC	0.9013	0.0032	388555	11214	2.9718
2023-12-31	Advisors Capital Management, LLC	0.883	0.249	380703	-36061	-8.6526
2023-12-31	UBS Asset Mgmt Americas Inc	0.8491	0.0046	366084	33710	10.1422
2023-12-31	Mirae Asset Global Investments (Korea) Co Ltd	0.6609	0.0186	284952	12056	4.4178
2023-12-31	Marshall Wace Asset Management Ltd	0.6391	0.015	275554	267443	3297.2876
2023-12-31	NORGES BANK	0.6217	0.0015	268033	-129848	-32.6349
2023-12-31	JPMorgan Chase & Co	0.5038	0.0007	217199	10298	4.9773
2023-12-31	Principal Financial Group Inc	0.5005	0.0044	215779	-7673	-3.4338
2023-12-31	abrdn PLC	0.4407	0.0132	189978	181683	2190.2712
Total		58.4833	0.3555	25213850	+1101528	+4.4%

3.2. Funds holding LTC Properties Inc

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-02-29	iShares Core S&P Small-Cap ETF	6.5439	0.1146	2821234	4554	0.1617
2024-02-29	Vanguard Real Estate Index Investor	3.9196	0.0832	1689857	-3178	-0.1877
2024-02-29	Vanguard Total Stock Mkt Idx Inv	3.016	0.0026	1300289	-24500	-1.8494
2024-02-29	Vanguard Small Cap Index	2.4757	0.0239	1067343	9839	0.9304
2024-02-29	iShares Russell 2000 ETF	2.3148	0.0504	997975	-163	-0.0163
2024-02-29	Vanguard Small Cap Value Index Inv	1.6917	0.0432	729320	2978	0.41
2024-02-29	SPDR® S&P Global Div Aristocrats ETF	1.6285	2.1274	702090	16568	2.4168
2024-02-29	Vanguard Institutional Extnd Mkt Idx Tr	1.4045	0.0187	605517	563	0.0931
2023-10-18	TMA Global Health Care REIT Mother Fund	1.1698	6.1573	504329	-12643	-2.4456
2023-12-31	Fidelity Small Cap Index	0.9788	0.0533	421981	7478	1.8041
2024-02-01	iShares Russell 2000 Value ETF	0.8905	0.1023	383938	486	0.1267
2024-02-29	SPDR® Portfolio S&P 600 Sm Cap ETF	0.8633	0.114	372212	76	0.0204
2024-02-29	Vanguard Tax-Managed Small Cap Adm	0.7504	0.1145	323519	0	0
2024-02-29	iShares S&P Small-Cap 600 Value ETF	0.6899	0.133	297452	822	0.2771
2024-02-29	Vanguard Real Estate II Index	0.6083	0.0959	262274	-1009	-0.3832
2024-02-29	State St Russell Sm/Mid Cp® Indx NL Cl C	0.5918	0.0192	255158	5800	2.326
2024-02-29	Global X SuperDividend™ US ETF	0.5749	1.3191	247876	123847	99.8533
2024-01-31	DFA Real Estate Securities I	0.5539	0.1063	238801	0	0
2024-02-29	Global X SuperDividend® REIT ETF	0.5477	3.4507	236118	-3066	-1.2819
2024-01-31	Fidelity Extended Market Index	0.5463	0.0205	235510	2717	1.1671
Total		31.7603	14.1501	13692793	+131169	+1.0%

3.3. Insider Transactions

Insiders are holding 2.02% of the shares of LTC Properties Inc.

Date	Owner	Type	Amount	Price
2023-12-22	Boyd W Hendrickson	SELL	7500	32.68
2023-11-14	Pamela Shelley-kessler	SELL	15500	32.54
2023-11-08	David L Gruber	BUY	3500	31.33
2023-06-28	Timothy Triche	SELL	6000	33.03

4. Summary

4.1. Key Performance Indicators

The key performance indicators of LTC Properties Inc compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	1.296	0.382	+239%	0.610	+113%	0.097	+1242%	0.165	+688%
Book Value Per Share	-	-	21.253	20.301	+5%	18.722	+14%	18.623	+14%	17.617	+21%
Current Ratio	-	-	18.197	6.228	+192%	3.907	+366%	8.511	+114%	8.907	+104%
Debt To Asset Ratio	-	-	0.506	0.526	-4%	0.498	+2%	0.491	+3%	0.460	+10%
Debt To Equity Ratio	-	-	1.065	1.153	-8%	1.010	+6%	0.985	+8%	0.880	+21%
Dividend Per Share	-	-	0.557	0.550	+1%	0.531	+5%	0.531	+5%	0.507	+10%
Eps	-	-	0.655	0.517	+27%	0.577	+14%	0.486	+35%	0.513	+28%
Free Cash Flow Per Share	-	-	0.482	0.578	-17%	0.603	-20%	0.618	-22%	0.610	-21%
Free Cash Flow To Equity Per Share	-	-	-0.348	1.045	-133%	0.716	-149%	0.474	-173%	0.575	-160%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	18.994	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	6.309	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	2.365	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	2.013	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	6.754	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	4.887	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	10.718	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	6.469	-	-	-	-	-	-	-	-
Market Cap	1365810336.000	-1%	1384779924.000	1427030370.000	-3%	1615001742.000	-14%	1633906660.950	-15%	1768051827.000	-22%
Net Profit Margin	-	-	0.560	0.527	+6%	0.411	+36%	0.459	+22%	0.542	+3%
Operating Margin	-	-	0.726	0.659	+10%	0.560	+30%	0.581	+25%	0.631	+15%
Operating Ratio	-	-	0.274	0.366	-25%	0.448	-39%	0.430	-36%	0.455	-40%
Pb Ratio	1.491	-1%	1.511	1.632	-7%	2.008	-25%	2.046	-26%	2.357	-36%
Pe Ratio	12.095	-1%	12.263	24.627	-50%	22.178	-45%	35.001	-65%	28.829	-57%
Price Per Share	31.680	-1%	32.120	33.100	-3%	37.460	-14%	37.899	-15%	41.010	-22%
Price To Free Cash Flow Ratio	16.425	-1%	16.653	15.205	+10%	16.412	+1%	15.818	+5%	17.332	-4%
Price To Total Gains Ratio	17.098	-1%	17.336	47.676	-64%	43.947	-61%	84.473	-79%	79.011	-78%
Quick Ratio	-	-	24.042	9.795	+145%	5.268	+356%	24.078	0%	22.386	+7%
Return On Assets	-	-	0.015	0.014	+7%	0.011	+36%	0.013	+18%	0.016	-3%
Return On Equity	-	-	0.032	0.031	+4%	0.022	+44%	0.026	+25%	0.029	+10%
Total Gains Per Share	-	-	1.853	0.932	+99%	1.141	+62%	0.628	+195%	0.672	+176%
Usd Book Value	-	-	916267000.000	875220000.000	+5%	807142750.000	+14%	802886450.000	+14%	759535300.000	+21%
Usd Book Value Change Per Share	-	-	1.296	0.382	+239%	0.610	+113%	0.097	+1242%	0.165	+688%
Usd Book Value Per Share	-	-	21.253	20.301	+5%	18.722	+14%	18.623	+14%	17.617	+21%
Usd Dividend Per Share	-	-	0.557	0.550	+1%	0.531	+5%	0.531	+5%	0.507	+10%
Usd Eps	-	-	0.655	0.517	+27%	0.577	+14%	0.486	+35%	0.513	+28%
Usd Free Cash Flow	-	-	20789000.000	24930250.000	-17%	25984000.000	-20%	26640150.000	-22%	26288925.000	-21%
Usd Free Cash Flow Per Share	-	-	0.482	0.578	-17%	0.603	-20%	0.618	-22%	0.610	-21%
Usd Free Cash Flow To Equity Per Share	-	-	-0.348	1.045	-133%	0.716	-149%	0.474	-173%	0.575	-160%
Usd Market Cap	1365810336.000	-1%	1384779924.000	1427030370.000	-3%	1615001742.000	-14%	1633906660.950	-15%	1768051827.000	-22%
Usd Price Per Share	31.680	-1%	32.120	33.100	-3%	37.460	-14%	37.899	-15%	41.010	-22%
Usd Profit	-	-	28230000.000	26139250.000	+8%	17770750.000	+59%	20366000.000	+39%	22030900.000	+28%
Usd Revenue	-	-	50384000.000	49358250.000	+2%	43788250.000	+15%	43147450.000	+17%	40410150.000	+25%
Usd Total Gains Per Share	-	-	1.853	0.932	+99%	1.141	+62%	0.628	+195%	0.672	+176%
	EOD	+4 -4	MRQ	TTM	+25 -10	YOY	+23 -12	5Y	+22 -13	10Y	+23 -12

4.2. Fundamental Score

Let's check the fundamental score of LTC Properties Inc based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	12.095
Price to Book Ratio (EOD)	Between	0-1	1.491
Net Profit Margin (MRQ)	Greater than	0	0.560
Operating Margin (MRQ)	Greater than	0	0.726
Quick Ratio (MRQ)	Greater than	1	24.042
Current Ratio (MRQ)	Greater than	1	18.197
Debt to Asset Ratio (MRQ)	Less than	1	0.506
Debt to Equity Ratio (MRQ)	Less than	1	1.065
Return on Equity (MRQ)	Greater than	0.15	0.032
Return on Assets (MRQ)	Greater than	0.05	0.015
Total			6/10 (60.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
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4.3. Technical Score

Let's check the technical score of LTC Properties Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	47.416
Ma 20	Greater than	Ma 50	31.988
Ma 50	Greater than	Ma 100	31.825
Ma 100	Greater than	Ma 200	31.791
Open	Greater than	Close	31.610
Total			3/5 (60.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

		2022-12-31		2023-03-31		2023-06-30		2023-09-30		2023-12-31
Other Current Liabilities		37,942	-4,746	33,196	12,042	45,238	6,019	51,257	-52,903	-1,646

Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	1,855,098
Total Liabilities	938,831
Total Stockholder Equity	881,279

	As reported
Total Liabilities	938,831
Total Stockholder Equity	+ 881,279
Total Assets	= 1,855,098

Assets

Total Assets	1,855,098
Total Current Assets	864,627
Long-term Assets	990,471

Total Current Assets

Total Current Assets (as reported)	864,627
Cash And Cash Equivalents	20,286
Short-term Investments	987,965
Net Receivables	134,076
Other Current Assets	-154,362
Total Current Assets (calculated)	987,965
+/-	123,338

Long-term Assets

Long-term Assets (as reported)	990,471
Property Plant Equipment	969,574
Long Term Investments	19,340
Long-term Assets Other	1,557
Long-term Assets (calculated)	990,471
+/-	0

Liabilities & Shareholders' Equity

Total Current Liabilities	47,514
Long-term Liabilities	891,317
Total Stockholder Equity	881,279

Total Current Liabilities

Total Current Liabilities (as reported)	47,514
Short-term Debt	49,160
Other Current Liabilities	-1,646
Total Current Liabilities (calculated)	47,514
+/-	0

Long-term Liabilities

Long-term Liabilities (as reported)	891,317
Long term Debt	891,317
Long-term Liabilities (calculated)	891,317
+/-	0

Total Stockholder Equity

Total Stockholder Equity (as reported)	881,279
Common Stock	430
Retained Earnings	-116,917
Accumulated Other Comprehensive Income	6,110
Other Stockholders Equity	991,656
Total Stockholder Equity (calculated)	881,279
+/-	0

Other

Capital Stock	430
Cash and Short Term Investments	20,286
Common Stock Shares Outstanding	42,046
Liabilities and Stockholders Equity	1,855,098
Net Debt	871,031
Net Invested Capital	1,772,596
Net Working Capital	817,113
Short Long Term Debt Total	891,317

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

2008-06-30

2008-03-31

2007-12-31

2007-09-30

2007-06-30

2007-03-31

2006-12-31

2006-09-30

2006-06-30

2006-03-31

2005-12-31

2005-09-30

2005-06-30

2005-03-31

2004-12-31

2004-09-30

2004-06-30

2004-03-31

2003-12-31

2003-09-30

2003-06-30

2003-03-31

2002-12-31

2002-09-30

2002-06-30

2002-03-31

2001-12-31

2001-09-30

2001-06-30

2001-03-31

2000-12-31

2000-09-30

2000-06-30

2000-03-31

1999-12-31

1999-09-30

1999-06-30

1999-03-31

1998-12-31

1998-09-30

1998-06-30

1998-03-31

1997-12-31

1997-09-30

1997-06-30

1997-03-31

1996-12-31

1996-09-30

1996-06-30

1996-03-31

1995-12-31

1995-09-30

1995-06-30

1995-03-31

1994-12-31

1994-09-30

1994-06-30

1994-03-31

1993-12-31

1993-09-30

1993-06-30

1993-03-31

1992-09-30

> Total Assets

146,800
147,600
155,300
146,900
154,300
207,200
261,200
280,200
239,400
263,000
292,000
312,200
357,200
378,400
446,800
451,000
494,149
567,900
615,800
655,000
656,664
695,800
726,200
698,800
689,814
721,400
715,400
720,700
721,811
722,555
718,278
700,830
676,585
659,856
640,661
603,033
648,568
635,310
629,701
631,338
599,925
596,877
589,259
590,057
574,924
553,436
543,227
574,593
547,880
552,112
552,832
578,663
585,271
590,998
587,993
580,413
567,767
564,765
565,374
547,098
544,105
526,216
511,220
508,988
506,053
501,001
490,240
477,013
490,593
512,042
517,094
523,051
561,264
635,428
614,423
619,016
647,097
658,604
654,854
709,833
789,592
792,664
845,064
841,243
931,410
942,241
945,188
952,571
965,819
995,420
1,043,050
1,216,915
1,275,424
1,318,850
1,380,125
1,373,386
1,394,896
1,391,590
1,440,558
1,431,193
1,465,570
1,479,130
1,499,629
1,535,851
1,513,620
1,496,366
1,499,480
1,512,231
1,514,209
1,524,785
1,510,172
1,477,244
1,459,486
1,455,303
1,416,472
1,453,088
1,504,825
1,536,097
1,578,227
1,651,965
1,656,103
1,798,856
1,858,242
1,867,863
1,855,098

1,855,098

1,867,863

1,858,242

1,798,856

1,656,103

1,651,965

1,578,227

1,536,097

1,504,825

1,453,088

1,416,472

1,455,303

1,459,486

1,477,244

1,510,172

1,524,785

1,514,209

1,512,231

1,499,480

1,496,366

1,513,620

1,535,851

1,499,629

1,479,130

1,465,570

1,431,193

1,440,558

1,391,590

1,394,896

1,373,386

1,380,125

1,318,850

1,275,424

1,216,915

1,043,050

995,420

965,819

952,571

945,188

942,241

931,410

841,243

845,064

792,664

789,592

709,833

654,854

658,604

647,097

619,016

614,423

635,428

561,264

523,051

517,094

512,042

490,593

477,013

490,240

501,001

506,053

508,988

511,220

526,216

544,105

547,098

565,374

564,765

567,767

580,413

587,993

590,998

585,271

578,663

552,832

552,112

547,880

574,593

543,227

553,436

574,924

590,057

589,259

596,877

599,925

631,338

629,701

635,310

648,568

603,033

640,661

659,856

676,585

700,830

718,278

722,555

721,811

720,700

715,400

721,400

689,814

698,800

726,200

695,800

656,664

655,000

615,800

567,900

494,149

451,000

446,800

378,400

357,200

312,200

292,000

263,000

239,400

280,200

261,200

207,200

154,300

146,900

155,300

147,600

146,800

> Total Current Assets

0
400
700
800
120,400
148,600
144,200
40,900
149,400
88,900
69,700
69,400
230,500
95,300
95,100
95,200
453,027
339,200
325,400
91,200
604,830
91,700
111,300
104,400
285,167
103,900
116,200
116,200
152,088
146,408
21,532
22,269
128,450
127,729
19,837
115,652
6,322
102,858
111,968
118,393
102,425
102,977
100,539
107,450
105,474
81,659
81,449
124,681
98,354
117,407
129,158
159,757
164,990
200,412
192,269
178,882
146,879
158,872
161,192
143,637
142,926
125,741
112,901
111,500
32,491
53,679
46,846
38,649
45,954
55,454
40,590
48,242
43,987
60,828
44,936
44,450
46,364
44,815
46,504
45,483
85,005
87,874
139,916
140,128
210,035
213,440
214,881
219,157
235,514
218,125
266,699
282,195
301,096
321,684
332,569
321,464
342,126
344,269
345,808
346,035
352,603
361,101
350,422
379,349
362,822
346,498
352,151
354,394
380,530
383,167
389,319
357,297
342,002
346,095
345,240
388,418
445,799
518,304
518,529
612,672
624,145
774,448
799,849
830,292
864,627

864,627

830,292

799,849

774,448

624,145

612,672

518,529

518,304

445,799

388,418

345,240

346,095

342,002

357,297

389,319

383,167

380,530

354,394

352,151

346,498

362,822

379,349

350,422

361,101

352,603

346,035

345,808

344,269

342,126

321,464

332,569

321,684

301,096

282,195

266,699

218,125

235,514

219,157

214,881

213,440

210,035

140,128

139,916

87,874

85,005

45,483

46,504

44,815

46,364

44,450

44,936

60,828

43,987

48,242

40,590

55,454

45,954

38,649

46,846

53,679

32,491

111,500

112,901

125,741

142,926

143,637

161,192

158,872

146,879

178,882

192,269

200,412

164,990

159,757

129,158

117,407

98,354

124,681

81,449

81,659

105,474

107,450

100,539

102,977

102,425

118,393

111,968

102,858

6,322

115,652

19,837

127,729

128,450

22,269

21,532

146,408

152,088

116,200

103,900

285,167

104,400

111,300

91,700

604,830

91,200

325,400

339,200

453,027

95,200

95,100

95,300

230,500

69,400

69,700

88,900

149,400

40,900

144,200

148,600

120,400

800

700

400

Cash And Cash Equivalents

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,148
0
0
0
4,974
0
0
0
1,503
1,503
0
0
2,655
2,322
1,516
2,267
1,870
2,420
9,805
3,329
6,322
3,217
14,701
22,968
8,001
8,888
3,233
11,476
17,919
3,748
2,793
44,897
4,315
12,819
13,962
3,941
3,569
54,824
51,362
45,954
29,887
30,973
63,562
49,160
42,631
25,868
13,909
16,150
21,118
21,688
14,108
5,076
8,856
19,210
5,498
12,493
6,903
23,390
6,395
5,214
4,408
3,297
10,313
8,274
7,191
9,621
63,315
60,338
6,778
7,542
8,064
7,589
25,237
3,417
8,051
11,729
12,942
24,280
17,756
3,613
7,991
8,732
9,299
3,842
5,213
3,784
4,260
20,408
2,656
6,715
3,207
3,960
4,244
30,888
50,370
22,811
7,772
8,201
5,714
45,459
5,161
4,393
6,401
6,478
10,379
5,538
7,026
11,302
20,286

20,286

11,302

7,026

5,538

10,379

6,478

6,401

4,393

5,161

45,459

5,714

8,201

7,772

22,811

50,370

30,888

4,244

3,960

3,207

6,715

2,656

20,408

4,260

3,784

5,213

3,842

9,299

8,732

7,991

3,613

17,756

24,280

12,942

11,729

8,051

3,417

25,237

7,589

8,064

7,542

6,778

60,338

63,315

9,621

7,191

8,274

10,313

3,297

4,408

5,214

6,395

23,390

6,903

12,493

5,498

19,210

8,856

5,076

14,108

21,688

21,118

16,150

13,909

25,868

42,631

49,160

63,562

30,973

29,887

45,954

51,362

54,824

3,569

3,941

13,962

12,819

4,315

44,897

2,793

3,748

17,919

11,476

3,233

8,888

8,001

22,968

14,701

3,217

6,322

3,329

9,805

2,420

1,870

2,267

1,516

2,322

2,655

1,503

4,974

3,148

Short-term Investments

0
0
0
0
119,500
147,500
144,200
40,900
149,400
87,300
68,000
67,700
228,400
92,900
92,700
92,700
269,800
336,000
321,900
87,700
341,900
87,700
107,600
101,200
100,600
99,900
112,100
112,000
14,190
14,565
14,404
15,421
15,873
14,873
5,456
8,240
8,755
8,781
8,781
8,871
7,968
8,127
9,650
9,872
12,281
12,281
0
0
0
0
0
0
9,933
9,935
11,549
11,637
9,939
9,940
6,462
6,463
6,464
6,465
6,466
6,467
6,468
6,469
6,470
6,472
6,473
6,474
6,476
6,477
6,478
6,479
6,481
6,483
6,485
6,486
0
0
0
0
0
0
0
0
0
0
0
0
0
910,288
0
970,519
0
1,025,878
0
1,020,726
1,064,869
1,060,597
0
1,086,061
1,097,929
1,107,043
0
1,121,145
1,118,389
1,132,271
0
1,117,845
1,115,593
1,108,931
0
1,090,927
1,053,072
1,041,916
19,340
19,340
19,340
1,026,182
19,340
996,121
1,024,120
1,007,775
987,965

987,965

1,007,775

1,024,120

996,121

19,340

1,026,182

19,340

1,041,916

1,053,072

1,090,927

1,108,931

1,115,593

1,117,845

1,132,271

1,118,389

1,121,145

1,107,043

1,097,929

1,086,061

1,060,597

1,064,869

1,020,726

1,025,878

970,519

910,288

6,486

6,485

6,483

6,481

6,479

6,478

6,477

6,476

6,474

6,473

6,472

6,470

6,469

6,468

6,467

6,466

6,465

6,464

6,463

6,462

9,940

9,939

11,637

11,549

9,935

9,933

12,281

9,872

9,650

8,127

7,968

8,871

8,781

8,755

8,240

5,456

14,873

15,873

15,421

14,404

14,565

14,190

112,000

112,100

99,900

100,600

101,200

107,600

87,700

341,900

87,700

321,900

336,000

269,800

92,700

92,900

228,400

67,700

68,000

87,300

149,400

40,900

144,200

147,500

119,500

Net Receivables

0
400
700
800
900
1,100
0
0
0
1,600
1,700
1,700
2,100
2,400
2,400
2,500
180,079
3,200
3,500
3,500
257,956
4,000
3,700
3,200
183,064
4,000
4,100
4,200
135,243
129,521
5,612
4,581
110,707
110,436
4,576
104,083
3,258
3,590
88,486
3,543
86,456
3,665
87,656
86,102
75,274
3,159
3,187
79,784
3,161
2,949
3,007
3,356
3,436
3,669
3,446
3,048
3,170
2,916
2,627
2,349
2,553
2,343
3,337
5,139
4,905
16,680
17,691
18,334
21,962
21,348
20,356
20,738
21,661
22,232
24,237
24,161
25,266
27,376
28,798
29,987
70,266
71,597
70,129
72,337
196,501
199,137
200,248
204,710
200,346
202,051
245,600
249,691
266,711
276,384
289,672
297,072
311,187
308,677
308,329
312,983
319,849
334,258
335,797
347,655
350,243
328,503
339,543
340,651
344,315
346,803
331,482
327,590
328,914
329,727
331,115
339,278
436,447
473,128
503,425
583,480
591,957
764,835
786,770
809,542
134,076

134,076

809,542

786,770

764,835

591,957

583,480

503,425

473,128

436,447

339,278

331,115

329,727

328,914

327,590

331,482

346,803

344,315

340,651

339,543

328,503

350,243

347,655

335,797

334,258

319,849

312,983

308,329

308,677

311,187

297,072

289,672

276,384

266,711

249,691

245,600

202,051

200,346

204,710

200,248

199,137

196,501

72,337

70,129

71,597

70,266

29,987

28,798

27,376

25,266

24,161

24,237

22,232

21,661

20,738

20,356

21,348

21,962

18,334

17,691

16,680

4,905

5,139

3,337

2,343

2,553

2,349

2,627

2,916

3,170

3,048

3,446

3,669

3,436

3,356

3,007

2,949

3,161

79,784

3,187

3,159

75,274

86,102

87,656

3,665

86,456

3,543

88,486

3,590

3,258

104,083

4,576

110,436

110,707

4,581

5,612

129,521

135,243

4,200

4,100

4,000

183,064

3,200

3,700

4,000

257,956

3,500

3,200

180,079

2,500

2,400

2,100

1,700

1,600

1,100

900

800

700

400

Other Current Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,842
8,577
8,767
8,663
8,422
8,260
8,534
743
601
51
51
52
52
52
7,222
7,548
6,656
6,262
7,453
6,756
6,761
6,569
6,858
9,931
12,657
13,048
20,775
21,443
21,020
21,119
20,779
22,948
25,690
27,010
22,829
23,711
2,877
4,089
3,767
3,985
5,342
3,463
3,845
5,115
5,476
7,467
6,896
5,316
3,655
3,899
3,681
4,191
8,470
8,703
12,004
11,099
-3,088
-124,383
-149,031
-154,362

-154,362

-149,031

-124,383

-3,088

11,099

12,004

8,703

8,470

4,191

3,681

3,899

3,655

5,316

6,896

7,467

5,476

5,115

3,845

3,463

5,342

3,985

3,767

4,089

2,877

23,711

22,829

27,010

25,690

22,948

20,779

21,119

21,020

21,443

20,775

13,048

12,657

9,931

6,858

6,569

6,761

6,756

7,453

6,262

6,656

7,548

7,222

601

743

8,534

8,260

8,422

8,663

8,767

8,577

8,842

> Long-term Assets

0
18,300
18,100
27,400
27,800
30,600
60,900
232,000
70,600
74,100
92,100
91,500
111,800
151,600
194,200
195,400
574,290
221,700
273,600
311,900
640,733
339,200
438,400
379,600
663,996
402,700
400,600
423,500
683,736
674,377
665,828
649,829
622,428
600,928
585,897
548,381
642,246
595,689
576,037
569,653
497,500
548,429
545,012
538,073
469,450
520,639
511,897
504,632
449,526
527,533
527,496
560,562
420,281
507,555
506,252
505,031
420,888
499,331
470,631
472,393
401,179
473,347
463,229
457,674
449,683
447,322
443,394
438,364
444,639
456,588
476,504
474,809
517,277
574,600
569,487
574,566
600,733
613,789
608,350
664,350
704,587
704,790
705,148
701,115
721,375
728,801
730,307
733,414
730,305
777,295
776,351
934,720
974,328
997,166
1,047,556
1,051,922
1,052,770
1,047,321
1,094,750
1,085,158
1,112,967
1,118,029
1,149,207
1,156,502
1,150,798
1,149,868
1,147,329
1,157,837
1,133,679
1,141,618
1,120,853
1,119,947
1,117,484
1,109,208
1,071,232
1,064,670
1,059,026
1,017,793
1,059,698
1,039,293
1,031,958
1,024,408
1,058,393
1,037,571
990,471

990,471

1,037,571

1,058,393

1,024,408

1,031,958

1,039,293

1,059,698

1,017,793

1,059,026

1,064,670

1,071,232

1,109,208

1,117,484

1,119,947

1,120,853

1,141,618

1,133,679

1,157,837

1,147,329

1,149,868

1,150,798

1,156,502

1,149,207

1,118,029

1,112,967

1,085,158

1,094,750

1,047,321

1,052,770

1,051,922

1,047,556

997,166

974,328

934,720

776,351

777,295

730,305

733,414

730,307

728,801

721,375

701,115

705,148

704,790

704,587

664,350

608,350

613,789

600,733

574,566

569,487

574,600

517,277

474,809

476,504

456,588

444,639

438,364

443,394

447,322

449,683

457,674

463,229

473,347

401,179

472,393

470,631

499,331

420,888

505,031

506,252

507,555

420,281

560,562

527,496

527,533

449,526

504,632

511,897

520,639

469,450

538,073

545,012

548,429

497,500

569,653

576,037

595,689

642,246

548,381

585,897

600,928

622,428

649,829

665,828

674,377

683,736

423,500

400,600

402,700

663,996

379,600

438,400

339,200

640,733

311,900

273,600

221,700

574,290

195,400

194,200

151,600

111,800

91,500

92,100

74,100

70,600

232,000

60,900

30,600

27,800

27,400

18,100

18,300

Property Plant Equipment

0
18,300
18,100
27,400
27,800
30,600
60,900
232,000
70,600
74,100
92,100
91,500
111,800
151,600
194,200
195,400
481,745
221,700
273,600
311,900
640,733
339,200
438,400
379,600
663,996
402,700
400,600
423,500
683,736
674,377
665,828
649,829
622,428
600,928
585,897
548,381
604,306
595,689
576,037
569,653
552,434
548,429
545,012
538,073
515,752
520,639
511,897
504,632
520,679
527,533
527,496
560,562
553,004
507,555
506,252
505,031
503,188
499,331
470,631
465,930
468,392
466,882
463,229
457,674
449,683
369,111
366,546
363,708
374,280
387,949
407,251
400,187
454,057
513,520
506,638
512,347
541,810
554,250
551,265
612,864
701,547
701,936
702,447
698,601
718,917
726,525
728,193
731,378
726,523
753,514
752,139
0
947,421
0
1,021,145
0
1,025,702
1,019,556
1,063,699
1,054,216
1,082,259
1,065,879
1,094,099
1,101,687
1,102,751
1,117,315
1,114,559
1,128,441
1,109,960
1,117,845
1,115,593
1,108,931
1,102,358
1,086,415
1,048,560
1,041,916
1,033,951
993,293
1,035,767
1,033,951
1,008,508
992,046
1,018,067
998,327
969,574

969,574

998,327

1,018,067

992,046

1,008,508

1,033,951

1,035,767

993,293

1,033,951

1,041,916

1,048,560

1,086,415

1,102,358

1,108,931

1,115,593

1,117,845

1,109,960

1,128,441

1,114,559

1,117,315

1,102,751

1,101,687

1,094,099

1,065,879

1,082,259

1,054,216

1,063,699

1,019,556

1,025,702

1,021,145

947,421

752,139

753,514

726,523

731,378

728,193

726,525

718,917

698,601

702,447

701,936

701,547

612,864

551,265

554,250

541,810

512,347

506,638

513,520

454,057

400,187

407,251

387,949

374,280

363,708

366,546

369,111

449,683

457,674

463,229

466,882

468,392

465,930

470,631

499,331

503,188

505,031

506,252

507,555

553,004

560,562

527,496

527,533

520,679

504,632

511,897

520,639

515,752

538,073

545,012

548,429

552,434

569,653

576,037

595,689

604,306

548,381

585,897

600,928

622,428

649,829

665,828

674,377

683,736

423,500

400,600

402,700

663,996

379,600

438,400

339,200

640,733

311,900

273,600

221,700

481,745

195,400

194,200

151,600

111,800

91,500

92,100

74,100

70,600

232,000

60,900

30,600

27,800

27,400

18,100

18,300

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
52,368
49,362
48,268
39,299
39,741
39,272
40,668
165,444
167,472
168,068
171,321
165,656
937,381
976,892
1,135,907
1,188,992
1,217,614
1,282,100
1,284,157
1,297,151
1,286,601
1,331,358
1,328,722
1,356,296
1,366,135
1,376,223
1,392,805
1,392,850
1,412,532
279,537
277,612
273,102
273,457
257,092
264,740
268,591
276,622
19,340
19,340
363,782
365,883
399,157
402,346
19,340
472,295
19,340
19,340
19,340

19,340

472,295

19,340

402,346

399,157

365,883

363,782

19,340

276,622

268,591

264,740

257,092

273,457

273,102

277,612

279,537

1,412,532

1,392,850

1,392,805

1,376,223

1,366,135

1,356,296

1,328,722

1,331,358

1,286,601

1,297,151

1,284,157

1,282,100

1,217,614

1,188,992

1,135,907

976,892

937,381

165,656

171,321

168,068

167,472

165,444

40,668

39,272

39,741

39,299

48,268

49,362

52,368

Long-term Assets Other

0
-18,300
-18,100
-27,400
-27,800
-30,600
-60,900
-232,000
-70,600
-74,100
-92,100
-91,500
-111,800
-151,600
-194,200
-195,400
-574,290
-221,700
-273,600
-311,900
-640,733
-339,200
-438,400
-379,600
-663,996
-402,700
-400,600
-423,500
-683,736
-674,377
-665,828
-649,829
-622,428
-600,928
-585,897
-548,381
37,940
-595,689
-576,037
-569,653
-54,934
-548,429
-545,012
-538,073
-46,302
-520,639
-511,897
-504,632
-71,153
-527,533
-527,496
-560,562
-132,723
-507,555
-506,252
-505,031
-82,300
-499,331
-470,631
-472,393
-67,213
-473,347
-463,229
-457,674
-449,683
78,211
76,848
74,656
70,359
-319,310
69,253
74,622
63,220
61,080
62,849
62,219
58,923
59,539
57,085
51,486
3,040
704,790
2,701
2,514
2,458
2,276
2,114
2,036
3,782
3,561
3,490
913,577
950,286
973,124
2,375
1,027,990
1,027,549
1,584
1,349
1,080
810
21,861
24,711
24,304
17,432
5,038
5,249
4,970
4,716
4,712
4,237
3,947
3,786
3,453
3,332
1,045,330
1,039,686
5,160
1,040,358
-13,998
4,110
13,022
20,986
19,904
1,557

1,557

19,904

20,986

13,022

4,110

-13,998

1,040,358

5,160

1,039,686

1,045,330

3,332

3,453

3,786

3,947

4,237

4,712

4,716

4,970

5,249

5,038

17,432

24,304

24,711

21,861

810

1,080

1,349

1,584

1,027,549

1,027,990

2,375

973,124

950,286

913,577

3,490

3,561

3,782

2,036

2,114

2,276

2,458

2,514

2,701

704,790

3,040

51,486

57,085

59,539

58,923

62,219

62,849

61,080

63,220

74,622

69,253

-319,310

70,359

74,656

76,848

78,211

-449,683

-457,674

-463,229

-473,347

-67,213

-472,393

-470,631

-499,331

-82,300

-505,031

-506,252

-507,555

-132,723

-560,562

-527,496

-527,533

-71,153

-504,632

-511,897

-520,639

-46,302

-538,073

-545,012

-548,429

-54,934

-569,653

-576,037

-595,689

37,940

-548,381

-585,897

-600,928

-622,428

-649,829

-665,828

-674,377

-683,736

-423,500

-400,600

-402,700

-663,996

-379,600

-438,400

-339,200

-640,733

-311,900

-273,600

-221,700

-574,290

-195,400

-194,200

-151,600

-111,800

-91,500

-92,100

-74,100

-70,600

-232,000

-60,900

-30,600

-27,800

-27,400

-18,100

-18,300

> Total Liabilities

75,500
71,800
76,700
61,200
69,200
55,800
110,000
103,800
66,200
88,800
119,300
138,000
185,500
200,100
264,300
257,500
299,207
246,100
292,100
305,100
259,378
279,000
288,800
245,300
237,900
276,400
272,000
280,000
303,300
312,782
309,715
293,440
272,546
255,955
256,658
217,581
294,785
280,928
266,286
266,662
239,113
237,752
230,635
179,228
192,741
166,483
156,147
127,074
107,967
107,364
109,449
100,795
117,054
91,645
82,009
75,677
63,815
61,174
61,831
61,861
61,431
59,605
45,815
45,195
45,041
43,589
34,680
21,918
36,280
49,995
56,204
65,186
103,742
164,163
144,318
149,774
178,387
193,228
189,392
244,943
326,484
325,853
209,839
205,219
298,972
310,471
312,912
320,894
305,698
336,036
383,528
555,709
616,222
646,160
649,382
632,755
654,848
638,450
683,391
674,558
706,922
722,267
693,933
712,558
680,649
708,213
711,870
718,337
728,783
718,730
722,867
698,423
683,680
690,532
654,092
700,158
759,698
793,498
767,731
826,796
805,796
934,241
998,627
1,007,480
938,831

938,831

1,007,480

998,627

934,241

805,796

826,796

767,731

793,498

759,698

700,158

654,092

690,532

683,680

698,423

722,867

718,730

728,783

718,337

711,870

708,213

680,649

712,558

693,933

722,267

706,922

674,558

683,391

638,450

654,848

632,755

649,382

646,160

616,222

555,709

383,528

336,036

305,698

320,894

312,912

310,471

298,972

205,219

209,839

325,853

326,484

244,943

189,392

193,228

178,387

149,774

144,318

164,163

103,742

65,186

56,204

49,995

36,280

21,918

34,680

43,589

45,041

45,195

45,815

59,605

61,431

61,861

61,831

61,174

63,815

75,677

82,009

91,645

117,054

100,795

109,449

107,364

107,967

127,074

156,147

166,483

192,741

179,228

230,635

237,752

239,113

266,662

266,286

280,928

294,785

217,581

256,658

255,955

272,546

293,440

309,715

312,782

303,300

280,000

272,000

276,400

237,900

245,300

288,800

279,000

259,378

305,100

292,100

246,100

299,207

257,500

264,300

200,100

185,500

138,000

119,300

88,800

66,200

103,800

110,000

55,800

69,200

61,200

76,700

71,800

75,500

> Total Current Liabilities

0
0
6,000
0
61,800
48,700
0
38,400
52,400
3,300
0
0
0
0
24,600
23,500
26,200
25,900
21,500
21,600
20,800
21,400
25,600
21,400
18,700
15,600
17,200
27,700
20,900
17,700
19,700
18,200
19,900
27,726
14,835
18,570
178,819
21,000
21,900
22,600
24,700
21,700
20,800
21,000
21,700
16,000
17,500
17,800
14,900
11,300
14,100
15,300
28,200
21,100
12,000
13,400
13,500
11,600
12,400
12,800
12,600
11,100
11,800
11,400
11,400
43,589
29,180
21,918
18,555
21,495
11,474
11,456
12,312
110,963
21,118
18,174
19,187
17,593
18,757
21,008
22,549
20,518
22,004
17,384
20,137
16,438
17,879
18,361
24,065
22,069
25,561
37,742
44,350
37,904
42,648
43,493
45,457
40,577
40,493
36,608
39,420
34,879
41,493
41,572
35,620
32,413
36,032
34,468
35,395
29,303
33,402
34,079
34,298
31,111
35,633
38,329
36,979
188,616
88,863
184,035
167,942
303,296
371,588
413,507
47,514

47,514

413,507

371,588

303,296

167,942

184,035

88,863

188,616

36,979

38,329

35,633

31,111

34,298

34,079

33,402

29,303

35,395

34,468

36,032

32,413

35,620

41,572

41,493

34,879

39,420

36,608

40,493

40,577

45,457

43,493

42,648

37,904

44,350

37,742

25,561

22,069

24,065

18,361

17,879

16,438

20,137

17,384

22,004

20,518

22,549

21,008

18,757

17,593

19,187

18,174

21,118

110,963

12,312

11,456

11,474

21,495

18,555

21,918

29,180

43,589

11,400

11,800

11,100

12,600

12,800

12,400

11,600

13,500

13,400

12,000

21,100

28,200

15,300

14,100

11,300

14,900

17,800

17,500

16,000

21,700

21,000

20,800

21,700

24,700

22,600

21,900

21,000

178,819

18,570

14,835

27,726

19,900

18,200

19,700

17,700

20,900

27,700

17,200

15,600

18,700

21,400

25,600

21,400

20,800

21,600

21,500

25,900

26,200

23,500

24,600

3,300

52,400

38,400

48,700

61,800

6,000

Short-term Debt

0
0
6,000
0
61,800
48,700
0
38,400
52,400
3,300
0
0
0
0
0
0
14,039
0
0
0
13,616
0
0
0
17,596
56,400
53,700
29,200
41,738
16,765
16,699
16,625
41,219
28,736
16,142
18,473
15,994
15,609
15,528
15,446
15,361
14,930
14,866
14,776
14,686
14,254
14,160
14,064
13,967
13,503
13,401
13,299
5,935
5,545
5,545
5,545
5,545
0
0
0
5,130
5,130
0
0
4,690
36,091
20,096
11,953
7,685
7,641
0
50,000
0
50,000
50,000
100,000
100,000
100,000
100,000
185,800
185,800
185,800
185,800
185,800
255,800
251,633
251,633
281,633
281,633
277,467
277,467
352,467
451,372
447,256
484,734
512,262
502,291
597,873
597,898
582,950
571,002
566,888
566,940
550,986
533,029
528,900
528,938
518,469
599,488
599,527
599,565
574,444
559,482
552,521
552,559
527,429
623,356
157,900
56,000
151,000
130,000
270,100
326,350
362,250
49,160

49,160

362,250

326,350

270,100

130,000

151,000

56,000

157,900

623,356

527,429

552,559

552,521

559,482

574,444

599,565

599,527

599,488

518,469

528,938

528,900

533,029

550,986

566,940

566,888

571,002

582,950

597,898

597,873

502,291

512,262

484,734

447,256

451,372

352,467

277,467

281,633

251,633

255,800

185,800

100,000

50,000

7,641

7,685

11,953

20,096

36,091

4,690

5,130

5,545

5,935

13,299

13,401

13,503

13,967

14,064

14,160

14,254

14,686

14,776

14,866

14,930

15,361

15,446

15,528

15,609

15,994

18,473

16,142

28,736

41,219

16,625

16,699

16,765

41,738

29,200

53,700

56,400

17,596

13,616

14,039

3,300

52,400

38,400

48,700

61,800

6,000

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
280,584
0
0
0
571,872
0
0
0
609,391
0
642,898
637,950
96,500
120,500
85,500
120,000
0
0
0
0
0
0
0
0
0
0
0
0
0
157,900
56,000
151,000
130,000
270,100
326,350
362,250
0

362,250

326,350

270,100

130,000

151,000

56,000

157,900

120,000

85,500

120,500

96,500

637,950

642,898

609,391

571,872

280,584

Accounts payable

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
54,884
0
0
0
53,057
0
0
0
53,317
0
0
0
88,721
-1,406
-1,522
-872
102,066
-1,010
-1,307
97
162,825
-121
-355
29,433
166,326
30,137
28,930
29,097
142,995
136,154
135,945
108,877
89,662
88,970
90,760
76,485
81,792
79,970
71,003
63,326
51,331
51,061
55,921
55,647
50,222
54,256
0
0
0
0
0
0
0
3,730
0
0
0
0
11,038
11,886
12,756
11,077
12,094
14,374
15,805
13,664
15,008
17,351
20,137
16,438
17,879
18,361
20,807
18,756
22,194
24,419
31,628
25,332
28,931
30,979
33,228
28,562
28,353
27,818
30,504
25,838
32,326
32,280
35,620
32,413
36,032
34,468
35,395
29,303
33,402
34,079
34,298
31,111
35,633
38,329
36,979
30,716
32,863
33,035
37,942
33,196
45,238
0
0

45,238

33,196

37,942

33,035

32,863

30,716

36,979

38,329

35,633

31,111

34,298

34,079

33,402

29,303

35,395

34,468

36,032

32,413

35,620

32,280

32,326

25,838

30,504

27,818

28,353

28,562

33,228

30,979

28,931

25,332

31,628

24,419

22,194

18,756

20,807

18,361

17,879

16,438

20,137

17,351

15,008

13,664

15,805

14,374

12,094

11,077

12,756

11,886

11,038

3,730

54,256

50,222

55,647

55,921

51,061

51,331

63,326

71,003

79,970

81,792

76,485

90,760

88,970

89,662

108,877

135,945

136,154

142,995

29,097

28,930

30,137

166,326

29,433

-355

-121

162,825

-1,307

-1,010

102,066

-872

-1,522

-1,406

88,721

53,317

53,057

54,884

Other Current Liabilities

0
0
-6,000
0
-61,800
-48,700
0
-38,400
-52,400
-3,300
0
0
0
0
24,600
23,500
-42,723
25,900
21,500
21,600
-45,873
21,400
25,600
21,400
-52,213
-40,800
-36,500
-1,500
-109,559
2,341
4,523
2,447
-123,385
-27,726
-14,835
-18,570
-178,819
5,512
6,727
-22,279
-156,987
-23,367
-22,996
-22,873
-135,981
-134,408
-132,605
-105,141
-88,729
-91,173
-90,061
-74,484
-59,527
-64,415
-64,548
-55,471
-43,376
-39,461
-43,521
-42,847
-42,752
-43,156
11,800
11,400
6,710
7,498
9,084
9,965
10,870
6,394
11,474
-38,544
12,312
60,963
-28,882
-81,826
-80,813
-82,407
-81,243
-164,792
-163,251
-165,282
-163,796
-168,416
-235,663
-235,195
-233,754
-263,272
-257,568
-255,398
-251,906
-314,725
-407,022
-409,352
-442,086
-468,769
-456,834
-557,296
-557,405
-546,342
-531,582
-532,009
-525,447
-509,414
-497,409
-496,487
-492,906
-484,001
-564,093
-570,224
-566,163
-540,365
-525,184
-521,410
-516,926
-489,100
-586,377
30,716
32,863
33,035
37,942
33,196
45,238
51,257
-1,646

-1,646

51,257

45,238

33,196

37,942

33,035

32,863

30,716

-586,377

-489,100

-516,926

-521,410

-525,184

-540,365

-566,163

-570,224

-564,093

-484,001

-492,906

-496,487

-497,409

-509,414

-525,447

-532,009

-531,582

-546,342

-557,405

-557,296

-456,834

-468,769

-442,086

-409,352

-407,022

-314,725

-251,906

-255,398

-257,568

-263,272

-233,754

-235,195

-235,663

-168,416

-163,796

-165,282

-163,251

-164,792

-81,243

-82,407

-80,813

-81,826

-28,882

60,963

12,312

-38,544

11,474

6,394

10,870

9,965

9,084

7,498

6,710

11,400

11,800

-43,156

-42,752

-42,847

-43,521

-39,461

-43,376

-55,471

-64,548

-64,415

-59,527

-74,484

-90,061

-91,173

-88,729

-105,141

-132,605

-134,408

-135,981

-22,873

-22,996

-23,367

-156,987

-22,279

6,727

5,512

-178,819

-18,570

-14,835

-27,726

-123,385

2,447

4,523

2,341

-109,559

-1,500

-36,500

-40,800

-52,213

21,400

25,600

21,400

-45,873

21,600

21,500

25,900

-42,723

23,500

24,600

-3,300

-52,400

-38,400

-48,700

-61,800

-6,000

> Long-term Liabilities

73,400
66,600
63,600
56,000
0
0
97,800
52,500
0
76,300
107,600
128,200
174,100
187,900
249,900
244,300
283,500
230,400
281,100
293,700
249,700
271,900
277,900
234,100
229,700
270,500
264,700
261,900
292,300
304,700
299,900
284,900
262,600
218,059
230,313
190,636
106,408
273,100
257,800
257,200
227,800
229,200
223,100
171,400
184,400
161,300
149,700
119,600
96,800
99,600
98,900
89,000
92,400
74,100
73,500
65,800
53,800
53,100
52,900
52,600
52,300
51,600
37,100
36,900
36,800
0
5,500
0
17,725
28,500
44,730
53,730
91,430
53,200
123,200
131,600
159,200
175,635
170,635
223,935
303,935
305,335
187,835
187,835
278,835
294,033
295,033
302,533
281,633
313,967
357,967
517,967
571,872
608,256
606,734
589,262
609,391
597,873
642,898
637,950
667,502
687,388
652,440
670,986
645,029
675,800
675,838
683,869
693,388
689,427
689,465
664,344
649,382
659,421
618,459
661,829
722,719
604,882
678,868
642,761
637,854
630,945
627,039
593,973
891,317

891,317

593,973

627,039

630,945

637,854

642,761

678,868

604,882

722,719

661,829

618,459

659,421

649,382

664,344

689,465

689,427

693,388

683,869

675,838

675,800

645,029

670,986

652,440

687,388

667,502

637,950

642,898

597,873

609,391

589,262

606,734

608,256

571,872

517,967

357,967

313,967

281,633

302,533

295,033

294,033

278,835

187,835

305,335

303,935

223,935

170,635

175,635

159,200

131,600

123,200

53,200

91,430

53,730

44,730

28,500

17,725

5,500

36,800

36,900

37,100

51,600

52,300

52,600

52,900

53,100

53,800

65,800

73,500

74,100

92,400

89,000

98,900

99,600

96,800

119,600

149,700

161,300

184,400

171,400

223,100

229,200

227,800

257,200

257,800

273,100

106,408

190,636

230,313

218,059

262,600

284,900

299,900

304,700

292,300

261,900

264,700

270,500

229,700

234,100

277,900

271,900

249,700

293,700

281,100

230,400

283,500

244,300

249,900

187,900

174,100

128,200

107,600

76,300

52,500

97,800

56,000

63,600

66,600

73,400

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
53,200
103,200
103,200
102,635
102,635
188,435
188,435
187,835
187,835
187,835
257,835
253,033
253,033
283,033
281,633
277,467
277,467
352,467
451,372
447,256
484,734
512,262
502,291
597,873
597,898
582,950
571,002
566,888
566,940
550,986
533,029
528,900
528,938
518,469
599,488
599,527
599,565
574,444
559,482
552,521
552,559
527,429
611,819
604,882
678,868
642,761
637,854
630,945
627,039
956,223
0

956,223

627,039

630,945

637,854

642,761

678,868

604,882

611,819

527,429

552,559

552,521

559,482

574,444

599,565

599,527

599,488

518,469

528,938

528,900

533,029

550,986

566,940

566,888

571,002

582,950

597,898

597,873

502,291

512,262

484,734

447,256

451,372

352,467

277,467

281,633

283,033

253,033

257,835

187,835

188,435

102,635

103,200

53,200

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,661
4,687
5,719
6,741
6,180
6,928
6,599
7,138
5,718
6,158
7,024
6,419
5,646
5,227
5,602
2,514
2,313
2,798
3,405
3,040
3,591
4,008
5,093
12,279
5,150
4,497
6,380
6,223
4,281
5,214
5,532
5,381
4,655
5,406
4,979
5,015
4,279
5,983
6,931
7,801
7,047
8,407
9,080
9,869
18,887
20,260
17,160
17,831
16,214
17,601
18,688
19,270
18,233
18,708
15,308
16,713
14,088
14,429
15,937
20,509
19,597
21,987
35,188
40,376
35,052
38,602
39,877
40,782
36,318
35,950
32,500
34,144
9,041
9,167
9,292
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

9,292

9,167

9,041

34,144

32,500

35,950

36,318

40,782

39,877

38,602

35,052

40,376

35,188

21,987

19,597

20,509

15,937

14,429

14,088

16,713

15,308

18,708

18,233

19,270

18,688

17,601

16,214

17,831

17,160

20,260

18,887

9,869

9,080

8,407

7,047

7,801

6,931

5,983

4,279

5,015

4,979

5,406

4,655

5,381

5,532

5,214

4,281

6,223

6,380

4,497

5,150

12,279

5,093

4,008

3,591

3,040

3,405

2,798

2,313

2,514

5,602

5,227

5,646

6,419

7,024

6,158

5,718

7,138

6,599

6,928

6,180

6,741

5,719

4,687

4,661

Deferred Long Term Liability

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,733
0
0
0
2,865
0
0
0
1,847
0
0
0
810
21,861
24,711
24,304
17,432
5,038
5,249
4,970
4,716
4,712
4,237
3,947
3,786
3,453
3,332
3,414
5,735
5,160
4,591
4,481
4,110
3,703
0
3,912
0

3,912

3,703

4,110

4,481

4,591

5,160

5,735

3,414

3,332

3,453

3,786

3,947

4,237

4,712

4,716

4,970

5,249

5,038

17,432

24,304

24,711

21,861

810

1,847

2,865

2,733

> Total Stockholder Equity

71,300
75,800
78,600
85,700
85,100
151,400
151,200
176,400
173,200
174,200
171,700
173,100
170,600
174,400
172,300
183,200
184,414
311,600
313,200
339,700
386,127
402,500
422,700
443,300
441,400
435,300
433,500
431,000
408,617
400,136
398,691
397,753
394,127
394,306
374,173
375,815
340,379
341,227
350,011
351,521
347,413
345,970
345,341
397,674
368,782
376,122
376,075
437,226
436,207
441,230
439,865
474,350
464,693
495,835
502,466
501,218
500,434
500,073
500,025
481,719
479,156
463,476
462,271
460,659
457,878
454,278
452,426
451,961
452,332
460,085
458,928
455,903
455,560
469,303
468,143
467,280
466,748
464,969
465,056
464,541
463,101
466,811
635,225
636,024
632,438
631,770
632,276
631,677
660,121
659,384
659,522
661,206
659,202
672,690
730,743
740,631
740,048
753,140
757,167
756,635
755,160
753,375
801,127
815,842
825,490
779,761
779,171
785,434
776,943
797,629
778,894
770,417
767,402
756,367
753,976
744,517
736,714
734,186
802,974
803,250
828,367
838,823
824,666
825,409
881,279

881,279

825,409

824,666

838,823

828,367

803,250

802,974

734,186

736,714

744,517

753,976

756,367

767,402

770,417

778,894

797,629

776,943

785,434

779,171

779,761

825,490

815,842

801,127

753,375

755,160

756,635

757,167

753,140

740,048

740,631

730,743

672,690

659,202

661,206

659,522

659,384

660,121

631,677

632,276

631,770

632,438

636,024

635,225

466,811

463,101

464,541

465,056

464,969

466,748

467,280

468,143

469,303

455,560

455,903

458,928

460,085

452,332

451,961

452,426

454,278

457,878

460,659

462,271

463,476

479,156

481,719

500,025

500,073

500,434

501,218

502,466

495,835

464,693

474,350

439,865

441,230

436,207

437,226

376,075

376,122

368,782

397,674

345,341

345,970

347,413

351,521

350,011

341,227

340,379

375,815

374,173

394,306

394,127

397,753

398,691

400,136

408,617

431,000

433,500

435,300

441,400

443,300

422,700

402,500

386,127

339,700

313,200

311,600

184,414

183,200

172,300

174,400

170,600

173,100

171,700

174,200

173,200

176,400

151,200

151,400

85,100

85,700

78,600

75,800

71,300

Common Stock

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
195
0
0
0
250
0
0
0
277
0
0
300
270
260
260
260
260
260
249
246
185
185
185
184
181
179
178
178
178
180
196
204
214
216
216
232
233
233
233
233
236
237
237
229
229
231
231
231
231
232
232
232
233
238
238
262
263
303
303
303
303
304
304
305
305
307
348
348
347
348
348
348
355
355
356
356
375
379
391
392
392
396
396
396
396
396
396
397
397
397
397
398
398
392
392
392
392
394
394
394
394
395
404
404
412
413
413
413
430

430

413

412

404

395

394

392

398

397

396

392

391

379

375

356

355

348

347

348

307

305

304

303

263

262

238

233

232

231

229

237

236

233

232

216

214

204

196

180

178

179

181

184

185

246

249

260

270

300

277

250

195

Retained Earnings Total Equity

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
647,811
660,186
672,743
685,664
698,767
711,262
724,033
737,009
749,912
767,198
-95,180
-96,737
-97,044
-98,511
-96,212
-97,594
-98,615
-97,927
-99,896
-100,384
-98,889
-97,658
-99,349
-100,388
-97,569
-99,507
-102,228
-104,447
-58,101
-45,781
-37,619
-83,012
-85,219
-80,685
-90,801
-50,335
-70,824
-80,975
-85,770
-95,177
-99,377
-110,798
-120,403
-128,471
-96,723
-106,520
-111,888
-102,317
-119,742
0
0

-119,742

-102,317

-111,888

-106,520

-96,723

-128,471

-120,403

-110,798

-99,377

-95,177

-85,770

-80,975

-70,824

-50,335

-90,801

-80,685

-85,219

-83,012

-37,619

-45,781

-58,101

-104,447

-102,228

-99,507

-97,569

-100,388

-99,349

-97,658

-98,889

-100,384

-99,896

-97,927

-98,615

-97,594

-96,212

-98,511

-97,044

-96,737

-95,180

767,198

749,912

737,009

724,033

711,262

698,767

685,664

672,743

660,186

647,811

Accumulated Other Comprehensive Income

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-138,159
0
0
0
-176,014
0
0
0
-1,246
-1,197
-1,202
-1,156
-1,746
-1,786
-1,712
-702
2,437
2,465
2,465
2,741
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-123,045
-126,713
0
-134,144
-137,808
-141,473
-145,180
-149,014
-153,003
-154,566
-158,709
-163,196
234
-172,480
-177,583
-181,063
-186,394
-192,895
152
143
134
125
117
108
99
91
82
73
65
56
47
18
13
8
0
0
0
0
47
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-172
4,704
6,139
9,445
8,719
7,357
8,568
8,596
6,110

6,110

8,596

8,568

7,357

8,719

9,445

6,139

4,704

-172

108

117

125

134

143

152

-192,895

-186,394

-181,063

-177,583

-172,480

234

-163,196

-158,709

-154,566

-153,003

-149,014

-145,180

-141,473

-137,808

-134,144

-126,713

-123,045

2,741

2,465

2,437

-702

-1,712

-1,786

-1,746

-1,156

-1,202

-1,197

-1,246

-176,014

-138,159

Capital Surplus

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
506,513
506,851
507,343
506,700
507,752
509,431
510,236
516,011
687,841
688,341
688,654
689,551
690,373
691,249
717,396
718,050
719,216
720,221
758,676
772,677
829,228
837,889
839,005
853,132
854,340
855,746
856,992
857,426
858,832
861,226
862,712
862,376
863,993
865,721
867,346
847,572
849,326
851,000
852,780
851,150
852,959
854,921
856,895
857,558
893,154
899,921
931,124
933,370
935,427
937,550
0

937,550

935,427

933,370

931,124

899,921

893,154

857,558

856,895

854,921

852,959

851,150

852,780

851,000

849,326

847,572

867,346

865,721

863,993

862,376

862,712

861,226

858,832

857,426

856,992

855,746

854,340

853,132

839,005

837,889

829,228

772,677

758,676

720,221

719,216

718,050

717,396

691,249

690,373

689,551

688,654

688,341

687,841

516,011

510,236

509,431

507,752

506,700

507,343

506,851

506,513

Treasury Stock

Other Stockholders Equity

71,300
80,800
78,600
95,300
85,100
151,400
151,200
200,400
173,200
208,500
211,200
218,400
170,600
231,300
235,600
253,100
195,297
311,600
313,200
347,800
406,462
283,300
283,400
297,300
475,927
264,500
249,800
235,100
294,269
286,427
286,452
286,502
286,442
286,367
281,573
280,231
246,888
247,127
247,154
247,436
246,938
247,387
246,804
247,126
249,417
255,995
276,764
282,406
294,810
293,407
293,625
330,357
330,474
332,118
330,469
331,033
333,842
334,271
334,744
318,339
317,565
320,759
395,184
397,414
322,714
457,043
461,015
465,796
471,733
485,713
490,029
552,661
557,572
669,758
506,513
679,550
685,125
687,949
694,315
702,486
510,236
516,011
687,841
688,341
688,654
689,551
690,373
691,249
717,396
718,050
719,216
720,221
758,676
772,677
829,228
837,889
839,005
853,132
854,340
855,746
856,992
857,426
858,832
861,226
862,712
862,376
863,993
865,721
867,346
847,572
849,326
851,000
852,780
851,150
852,959
854,921
856,895
857,558
893,154
899,921
931,124
933,370
815,685
816,400
991,656

991,656

816,400

815,685

933,370

931,124

899,921

893,154

857,558

856,895

854,921

852,959

851,150

852,780

851,000

849,326

847,572

867,346

865,721

863,993

862,376

862,712

861,226

858,832

857,426

856,992

855,746

854,340

853,132

839,005

837,889

829,228

772,677

758,676

720,221

719,216

718,050

717,396

691,249

690,373

689,551

688,654

688,341

687,841

516,011

510,236

702,486

694,315

687,949

685,125

679,550

506,513

669,758

557,572

552,661

490,029

485,713

471,733

465,796

461,015

457,043

322,714

397,414

395,184

320,759

317,565

318,339

334,744

334,271

333,842

331,033

330,469

332,118

330,474

330,357

293,625

293,407

294,810

282,406

276,764

255,995

249,417

247,126

246,804

247,387

246,938

247,436

247,154

247,127

246,888

280,231

281,573

286,367

286,442

286,502

286,452

286,427

294,269

235,100

249,800

264,500

475,927

297,300

283,400

283,300

406,462

347,800

313,200

311,600

195,297

253,100

235,600

231,300

170,600

218,400

211,200

208,500

173,200

200,400

151,200

151,400

85,100

95,300

78,600

80,800

71,300

Balance Sheet

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31
Accounts Payable	0	37,942	36,979	34,298	35,395	35,620	30,504	33,228	31,628	20,807	20,137	15,805	12,756	0	0	0	50,222	51,331	81,792	89,662	142,995	166,326	162,825	102,066	88,721	53,317	53,057	54,884	0	0	0	0
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	6,110	8,719	-172	0	0	0	47	0	47	82	117	152	-177,583	-158,709	-145,180	0	0	0	0	0	0	0	2,437	-1,746	-1,246	-176,014	-138,159	0	0	0	0	0
Additional Paid In Capital	0	0	0	0	0	0	856,992	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	430	412	394	392	398	397	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	931,124	856,895	852,780	867,346	862,712	856,992	839,005	758,676	717,396	688,654	510,236	507,343	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	20,286	10,379	5,161	7,772	4,244	2,656	5,213	7,991	12,942	25,237	6,778	7,191	4,408	6,903	8,856	21,118	42,631	29,887	3,569	4,315	17,919	8,001	6,322	1,870	2,655	1,503	4,974	3,148	0	0	0	0
Cash And Equivalents	0	10,379	5,161	7,772	4,244	2,656	5,213	7,991	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	20,286	10,379	5,161	7,772	4,244	2,656	5,213	7,991	12,942	25,237	6,778	7,191	10,893	13,381	15,329	27,586	49,095	39,826	13,502	4,315	30,200	15,969	15,077	17,743	16,845	102,103	346,874	272,948	228,400	149,400	119,500	94,800
Common Stock	430	412	394	392	398	397	396	392	375	355	347	305	303	263	233	231	229	236	233	214	178	181	185	260	270	277	250	195	0	0	0	0
Common Stock Shares Outstanding	41,358	40,067	39,156	39,264	39,759	39,839	39,637	38,597	37,329	36,640	33,142	30,278	29,222	24,568	23,182	22,974	23,582	24,554	22,671	19,484	18,006	18,419	25,125	26,270	27,443	27,120	23,750	19,257	19,802	13,784	9,067	8,000
Common Stock Total Equity	0	412	394	392	398	397	396	392	375	355	347	305	303	263	233	231	229	236	233	214	178	181	185	260	270	277	250	195	0	0	0	0
Current Deferred Revenue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	4,110	5,735	3,786	4,716	17,432	22,291	1,847	2,865	2,733	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Inventory	18,391	13,015	0	0	61,969	5,746	3,830	0	0	0	0	0	10,153	8,202	0	0	0	0	26,511	29,418	0	0	0	0	0	0	0	0	0	0	0	0
Liabilities And Stockholders Equity	1,855,098	1,656,103	1,504,825	1,459,486	1,514,209	1,513,620	1,465,570	1,394,896	1,275,424	965,819	931,410	789,592	647,097	561,264	490,593	506,053	544,105	567,767	585,271	547,880	574,924	599,925	648,568	676,585	721,811	689,814	656,664	494,149	357,200	239,400	154,300	148,600
Long Term Debt	891,317	767,854	611,819	559,482	599,488	533,029	571,002	502,291	451,372	281,633	257,835	188,435	103,200	53,200	17,230	11,910	36,753	52,295	81,268	98,360	186,892	230,420	268,254	260,813	0	0	0	0	0	0	0	0
Long Term Debt Total	0	637,854	611,819	559,482	599,488	533,029	571,002	502,291	451,372	281,633	257,835	188,435	103,200	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	19,340	19,340	363,782	268,591	273,102	1,392,850	1,356,296	1,297,151	1,188,992	165,656	165,444	39,299	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	871,031	757,475	717,558	641,610	689,144	642,373	662,289	601,400	558,930	256,396	272,057	296,744	154,792	84,527	16,554	-16,428	-37,501	-24,342	18,366	9,652	-3,233	55,781	116,080	157,349	199,083	172,760	187,965	226,119	174,100	52,400	61,800	73,200
Net Invested Capital	1,772,596	1,596,221	1,459,433	1,416,784	1,470,331	1,470,519	1,422,662	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	134,076	591,957	436,447	328,914	344,315	350,243	319,849	311,187	266,711	200,346	196,501	70,266	25,266	21,661	21,962	4,905	2,553	3,170	3,436	3,161	75,274	86,456	3,258	110,707	135,243	183,064	257,956	180,079	2,100	0	900	500
Net Tangible Assets	0	828,367	736,714	767,402	776,943	825,490	755,160	740,048	659,202	621,621	593,938	424,601	428,248	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	817,113	586,203	408,820	309,028	347,299	330,191	313,993	296,669	256,746	211,449	189,898	62,456	27,177	31,675	27,399	109,637	130,326	146,488	136,790	87,354	86,274	80,325	-160,484	108,550	131,188	266,467	584,030	426,827	0	97,000	58,600	22,100
Non Current Assets Total	990,471	1,031,958	1,059,026	1,117,484	1,133,679	1,150,798	1,112,967	1,052,770	974,328	730,305	721,375	704,587	600,733	517,277	444,639	449,683	468,392	503,188	553,004	520,679	515,752	552,434	604,306	622,428	683,736	663,996	640,733	574,290	111,800	70,600	27,800	0
Non Current Liabilities Other	0	0	0	0	0	0	8,916	12,229	12,722	3,258	0	6,744	6,305	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	891,317	637,854	722,719	649,382	693,388	645,029	667,502	609,391	571,872	281,633	278,835	303,935	159,200	91,430	17,725	36,800	52,300	53,800	92,400	100,700	186,900	230,400	106,408	262,600	292,300	229,700	249,700	283,500	174,100	0	0	0
Non Currrent Assets Other	1,557	4,110	5,735	3,786	4,716	17,432	810	1,027,549	950,286	3,782	2,458	3,040	58,923	63,220	70,359	-449,683	-468,392	-503,188	-553,004	-520,679	-515,752	-552,434	-604,306	-622,428	-683,736	-663,996	-640,733	-574,290	-111,800	-70,600	-27,800	0
Noncontrolling Interest In Consolidated Entity	0	21,940	8,413	8,404	8,483	7,481	3,488	0	0	0	0	7	1,962	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	452,090	1,096,360	1,194,463	258,815	260,371	246,198	231,648	2,865	13,713	9,214	10,588	10,205	8,956	9,139	-64,667	-67,213	-95,409	-132,723	-71,153	-46,302	-54,934	25,927	-74,293	-114,013	-259,349	-588,899	-533,168	14,900	19,400	6,100	148,600
Other Current Assets	-154,362	11,099	4,191	5,316	5,115	3,985	23,711	22,948	21,443	9,931	6,756	7,548	52	743	8,663	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Current Liab	-1,646	37,942	-586,377	-525,184	-564,093	-497,409	-531,582	-456,834	-407,022	-257,568	-235,663	-163,251	-80,813	12,312	10,870	6,710	-42,752	-43,376	-59,527	-92,629	-138,481	-159,587	-178,819	-123,385	-109,559	-52,213	-45,873	-42,723	0	-52,400	-61,800	-73,200
Other Liab	0	0	0	0	0	0	8,916	12,229	12,722	24,065	20,137	22,549	19,187	12,312	10,870	8,288	9,136	10,004	24,693	7,307	5,849	8,693	10,151	9,986	0	0	0	0	0	0	0	0
Other Stockholder Equity	991,656	931,124	856,895	852,780	867,346	862,712	856,992	839,005	758,676	717,396	688,654	510,236	685,125	557,572	471,733	322,714	317,565	333,842	330,474	294,810	249,417	246,938	246,888	286,442	294,269	475,927	406,462	195,297	170,600	173,200	85,100	70,300
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	38,500	0	0	38,500	38,500	38,500	38,500	126,913	186,801	189,560	208,553	209,341	213,317	218,532	189,163	165,183	165,183	165,500	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	0	0	0	0	0	0	0	0	0	0	0	0	541,810	454,057	374,280	449,683	468,392	503,188	553,004	520,679	515,752	552,434	604,306	622,428	683,736	663,996	640,733	481,745	111,800	70,600	27,800	0
Property Plant And Equipment Net	969,574	1,008,508	1,033,951	1,102,358	1,109,960	1,102,751	1,082,259	0	0	726,523	718,917	701,547	541,810	454,057	374,280	449,683	468,392	503,188	553,004	520,679	515,752	552,434	604,306	622,428	683,736	663,996	640,733	481,745	111,800	70,600	27,800	0
Property Plant Equipment	0	1,019,218	1,033,951	1,102,358	1,136,816	1,102,751	1,082,259	1,025,702	947,421	726,523	718,917	701,547	599,916	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Earnings	-116,917	-111,888	-120,403	-85,770	-90,801	-37,619	-102,228	-99,349	-99,896	-96,212	-95,180	-86,092	-79,597	-70,479	-61,255	-54,627	-47,191	-42,985	-79,331	-77,349	-69,976	-64,889	-74,314	-56,329	-50,176	-24,290	-9,426	-11,078	0	0	0	0
Retained Earnings Total Equity	0	-111,888	-120,403	-85,770	-90,801	-37,619	-102,228	-99,349	-99,896	-96,212	-95,180	724,033	672,743	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	0	130,000	0	0	0	0	96,500	609,391	571,872	280,584	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	891,317	767,854	722,719	649,382	693,388	645,029	667,502	609,391	571,872	281,633	278,835	303,935	159,200	91,430	25,410	4,690	5,130	5,545	21,935	13,967	14,686	63,782	122,402	159,219	201,738	174,263	192,939	229,267	174,100	52,400	61,800	73,200
Short Term Debt	49,160	130,000	623,356	559,482	599,488	533,029	571,002	502,291	451,372	281,633	255,800	185,800	100,000	0	7,685	4,690	5,130	5,545	5,935	13,967	14,686	15,361	15,994	41,219	41,738	17,596	13,616	14,039	0	52,400	61,800	73,200
Short Term Investments	987,965	19,340	1,033,951	1,102,358	1,136,816	1,106,581	1,086,089	1,025,702	947,421	0	0	0	6,485	6,478	6,473	6,468	6,464	9,939	9,933	0	12,281	7,968	8,755	15,873	14,190	100,600	341,900	269,800	228,400	149,400	119,500	94,800
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	1,855,098	1,656,103	1,504,825	1,459,486	1,514,209	1,513,620	1,465,570	1,394,896	1,275,424	965,819	931,410	789,592	647,097	561,264	490,593	506,053	544,105	567,767	585,271	547,880	574,924	599,925	648,568	676,585	721,811	689,814	656,664	494,149	357,200	239,400	154,300	148,600
Total Current Assets	864,627	624,145	445,799	342,002	380,530	362,822	352,603	342,126	301,096	235,514	210,035	85,005	46,364	43,987	45,954	121,037	142,926	159,988	164,990	98,354	105,474	102,425	18,335	128,450	152,088	285,167	604,830	453,027	230,500	149,400	120,400	95,300
Total Current Liabilities	47,514	167,942	36,979	34,298	35,395	35,620	39,420	45,457	44,350	24,065	20,137	22,549	19,187	12,312	18,555	11,400	12,600	13,500	28,200	11,000	19,200	22,100	178,819	19,900	20,900	18,700	20,800	26,200	0	52,400	61,800	73,200
Total Liab	938,831	805,796	759,698	683,680	728,783	680,649	706,922	654,848	616,222	305,698	298,972	326,484	178,387	103,742	36,280	45,041	61,431	63,815	117,054	107,967	192,741	239,113	294,785	272,546	303,300	237,900	259,378	299,207	185,500	66,200	69,200	78,300
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	881,279	828,367	736,714	767,402	776,943	825,490	755,160	740,048	659,202	660,121	632,438	463,101	466,748	455,560	452,332	457,878	479,156	500,434	464,693	436,207	368,782	347,413	340,379	394,127	408,617	441,400	386,127	184,414	170,600	173,200	85,100	70,300
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-09-30
Accounts Payable	0	0	45,238	33,196	37,942	33,035	32,863	30,716	36,979	38,329	35,633	31,111	34,298	34,079	33,402	29,303	35,395	34,468	36,032	32,413	35,620	32,280	32,326	25,838	30,504	27,818	28,353	28,562	33,228	30,979	28,931	25,332	31,628	24,419	22,194	18,756	20,807	18,361	17,879	16,438	20,137	17,351	15,008	13,664	15,805	14,374	12,094	11,077	12,756	11,886	11,038	0	0	0	0	3,730	0	0	0	0	0	0	0	54,256	50,222	55,647	55,921	51,061	51,331	63,326	71,003	79,970	81,792	76,485	90,760	88,970	89,662	108,877	135,945	136,154	142,995	29,097	28,930	30,137	166,326	29,433	-355	-121	162,825	97	-1,307	-1,010	102,066	-872	-1,522	-1,406	88,721	0	0	0	53,317	0	0	0	53,057	0	0	0	54,884	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	6,110	8,596	8,568	7,357	8,719	9,445	6,139	4,704	-172	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	47	0	0	0	0	8	13	18	47	56	65	73	82	91	99	108	117	125	134	143	152	-192,895	-186,394	-181,063	-177,583	-172,480	234	-163,196	-158,709	-154,566	-153,003	-149,014	-145,180	-141,473	-137,808	-134,144	0	-126,713	-123,045	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,741	2,465	2,465	2,437	-702	-1,712	-1,786	-1,746	-1,156	-1,202	-1,197	-1,246	0	0	0	-176,014	0	0	0	-138,159	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	861,226	0	0	856,992	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	430	413	413	413	412	404	404	395	394	394	394	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	937,550	935,427	933,370	931,124	899,921	893,154	857,558	856,895	854,921	852,959	851,150	852,780	851,000	849,326	847,572	867,346	865,721	863,993	862,376	862,712	861,226	858,832	857,426	856,992	855,746	854,340	853,132	839,005	837,889	829,228	772,677	758,676	720,221	719,216	718,050	717,396	691,249	690,373	689,551	688,654	688,341	687,841	516,011	510,236	509,431	507,752	506,700	507,343	506,851	506,513	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	20,286	11,302	7,026	5,538	10,379	6,478	6,401	4,393	5,161	45,459	5,714	8,201	7,772	22,811	50,370	30,888	4,244	3,960	3,207	6,715	2,656	20,408	4,260	3,784	5,213	3,842	9,299	8,732	7,991	3,613	17,756	24,280	12,942	11,729	8,051	3,417	25,237	7,589	8,064	7,542	6,778	60,338	63,315	9,621	7,191	8,274	10,313	3,297	4,408	5,214	6,395	23,390	6,903	12,493	5,498	19,210	8,856	5,076	14,108	21,688	21,118	16,150	13,909	25,868	42,631	49,160	63,562	30,973	29,887	45,954	51,362	54,824	3,569	3,941	13,962	12,819	4,315	44,897	2,793	3,748	17,919	11,476	3,233	8,888	8,001	22,968	14,701	3,217	6,322	3,329	9,805	2,420	1,870	2,267	1,516	2,322	2,655	0	0	1,503	1,503	0	0	0	4,974	0	0	0	3,148	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Equivalents	0	11,302	7,026	5,538	10,379	6,478	6,401	4,393	5,161	45,459	5,714	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	20,286	11,302	7,026	5,538	10,379	6,478	6,401	4,393	5,161	45,459	5,714	8,201	7,772	22,811	50,370	30,888	4,244	3,960	3,207	6,715	2,656	20,408	4,260	3,784	5,213	3,842	9,299	8,732	7,991	3,613	17,756	24,280	12,942	11,729	8,051	3,417	25,237	7,589	8,064	7,542	6,778	60,338	63,315	9,621	7,191	8,274	10,313	9,783	10,893	11,697	12,876	29,869	13,381	18,970	11,974	25,684	15,329	11,548	20,578	28,157	27,586	22,617	20,375	32,333	49,095	55,623	70,024	40,913	39,826	57,591	62,911	64,759	13,502	3,941	13,962	12,819	4,315	44,897	2,793	3,748	30,200	21,348	12,883	17,015	15,969	31,839	23,482	11,998	15,077	11,569	15,261	17,293	17,743	17,688	15,920	16,887	16,845	112,000	112,100	99,900	102,103	101,200	107,600	87,700	346,874	87,700	321,900	336,000	272,948	92,700	92,700	92,900	228,400	67,700	68,000	87,300	149,400	40,900	144,200	147,500	119,500	0	0	0	0
Common Stock	430	413	413	413	412	404	404	395	394	394	394	394	392	392	392	392	398	398	397	397	397	397	396	396	396	396	396	396	392	392	391	379	375	356	356	355	355	348	348	348	347	348	348	307	305	305	304	304	303	303	303	303	263	262	238	238	233	232	232	232	231	231	231	231	229	229	237	237	236	233	233	233	233	232	216	216	214	204	196	180	178	178	178	179	181	184	185	185	185	246	249	260	260	260	260	260	270	300	0	0	277	0	0	0	250	0	0	0	195	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common Stock Shares Outstanding	42,046	41,211	41,232	41,189	40,769	40,552	39,665	39,349	39,177	39,177	39,170	39,179	39,147	39,112	39,137	39,541	39,775	39,965	39,769	39,874	39,864	39,865	39,765	39,454	39,645	39,748	39,794	39,612	39,260	39,335	38,164	37,459	37,358	37,352	37,311	37,292	35,277	36,629	36,621	36,611	34,586	36,580	32,946	30,399	30,365	30,293	30,258	30,234	30,189	30,156	30,168	26,340	26,310	24,945	23,743	23,384	23,283	23,193	23,163	23,141	23,059	23,142	23,099	23,015	22,862	23,105	23,914	23,480	23,480	23,319	23,339	25,440	23,290	22,951	21,614	23,185	21,491	20,396	19,165	17,986	18,520	17,803	17,493	17,898	17,898	18,613	19,275	18,393	25,500	25,500	25,251	29,400	29,400	26,072	26,439	26,550	26,550	27,000	27,576	27,188	27,188	27,692	28,983	25,758	25,758	24,516	20,857	26,667	25,714	19,310	21,538	18,621	18,519	18,519	17,931	18,077	17,692	17,692	15,200	15,245	9,500	9,500	9,048	7,857	10,000
Common Stock Total Equity	0	0	413	413	412	404	404	395	394	394	394	394	392	392	392	392	398	398	397	397	397	397	396	396	396	396	396	396	392	392	391	379	375	356	356	355	355	348	348	348	347	348	348	307	305	305	304	304	303	303	303	303	263	262	238	238	233	232	232	232	231	231	231	231	229	229	237	237	236	233	233	233	233	232	216	216	214	204	196	180	178	178	178	179	181	184	185	185	185	246	249	260	260	260	260	260	270	300	0	277	277	0	0	0	250	0	0	0	195	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Current Deferred Revenue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3,730	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	3,912	0	3,703	4,110	4,481	4,591	5,160	5,735	3,414	3,332	3,453	3,786	3,947	4,237	4,712	4,716	4,970	5,249	5,038	17,432	24,304	24,711	21,861	810	0	0	0	1,847	0	0	0	2,865	0	0	0	2,733	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Inventory	18,391	9,448	6,053	7,163	13,015	10,710	0	32,313	0	0	4,512	4,512	0	0	0	0	61,969	5,746	5,746	5,746	5,746	8,243	5,746	43,405	3,830	10,645	2,228	2,228	0	0	9,270	0	0	0	0	0	0	0	0	0	0	0	1,014	0	0	0	7,341	7,604	10,153	8,541	7,772	8,126	8,202	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	26,511	0	0	0	29,418	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Liabilities And Stockholders Equity	1,855,098	1,867,863	1,858,242	1,798,856	1,656,103	1,651,965	1,578,227	1,536,097	1,504,825	1,453,088	1,416,472	1,455,303	1,459,486	1,477,244	1,510,172	1,524,785	1,514,209	1,512,231	1,499,480	1,496,366	1,513,620	1,535,851	1,499,629	1,479,130	1,465,570	1,431,193	1,440,558	1,391,590	1,394,896	1,373,386	1,380,125	1,318,850	1,275,424	1,216,915	1,043,050	995,420	965,819	952,571	945,188	942,241	931,410	841,243	845,064	792,664	789,592	709,833	654,854	658,604	647,097	619,016	614,423	635,428	561,264	523,051	517,094	512,042	490,593	477,013	490,240	501,001	506,053	508,988	511,220	526,216	544,105	547,098	565,374	564,765	567,767	580,413	587,993	590,998	585,271	578,663	552,832	552,112	547,880	574,593	543,227	553,436	574,924	590,057	589,259	596,877	599,925	631,338	629,701	635,310	648,568	603,033	640,661	659,856	676,585	700,830	718,278	722,555	721,811	720,700	715,400	721,400	689,814	698,800	726,200	695,800	656,664	655,000	615,800	567,900	494,149	451,000	446,800	378,400	357,200	312,200	292,000	263,000	239,400	280,200	261,200	207,200	154,300	146,900	155,300	147,600	146,800
Long Term Debt	891,317	956,223	627,039	630,945	767,854	642,761	678,868	604,882	611,819	661,829	618,459	552,521	559,482	574,444	599,565	599,527	599,488	518,469	528,938	528,900	533,029	550,986	566,940	566,888	571,002	582,950	597,898	597,873	502,291	512,262	484,734	447,256	451,372	352,467	277,467	277,467	281,633	283,033	253,033	253,033	257,835	187,835	187,835	187,835	188,435	188,435	102,635	102,635	103,200	103,200	53,200	53,200	53,200	53,730	44,730	39,871	17,230	11,953	25,596	36,091	11,910	36,941	37,122	51,564	36,753	52,580	52,853	53,121	52,295	65,814	73,543	74,108	81,268	89,030	98,896	99,595	98,360	119,629	149,714	161,298	186,892	171,410	223,141	229,190	230,420	257,236	257,811	273,127	268,254	209,109	246,455	246,795	260,813	284,879	299,900	304,745	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Debt Total	0	956,223	627,039	630,945	637,854	642,761	678,868	604,882	611,819	527,429	552,559	552,521	559,482	574,444	599,565	599,527	599,488	518,469	528,938	528,900	533,029	550,986	566,940	566,888	571,002	582,950	597,898	597,873	502,291	512,262	484,734	447,256	451,372	352,467	277,467	277,467	281,633	283,033	253,033	253,033	257,835	187,835	187,835	187,835	188,435	188,435	102,635	102,635	103,200	103,200	53,200	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	19,340	19,340	19,340	472,295	19,340	402,346	399,157	365,883	363,782	19,340	19,340	276,622	268,591	264,740	257,092	273,457	273,102	277,612	279,537	1,412,532	1,392,850	1,392,805	1,376,223	1,366,135	1,356,296	1,328,722	1,331,358	1,286,601	1,297,151	1,284,157	1,282,100	1,217,614	1,188,992	1,135,907	976,892	937,381	165,656	171,321	168,068	167,472	165,444	40,668	39,272	39,741	39,299	48,268	49,362	52,368	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	871,031	944,921	946,363	895,507	757,475	787,283	728,467	758,389	717,558	616,370	612,745	651,220	641,610	641,533	639,095	658,539	689,144	679,909	672,631	669,085	642,373	650,578	648,180	683,604	662,289	634,108	633,599	589,141	601,400	585,649	588,978	583,976	558,930	506,238	349,916	310,550	256,396	294,944	286,969	286,491	272,057	127,497	124,520	295,714	296,744	215,661	160,322	172,338	154,792	126,386	116,805	29,810	84,527	41,237	39,232	16,931	16,554	6,877	11,488	14,403	-16,428	20,750	23,191	25,732	-37,501	3,440	-10,662	-25,843	-24,342	-40,409	-45,817	-49,279	18,366	14,058	98,335	100,279	9,652	88,796	12,867	22,506	-3,233	130,917	190,669	190,847	55,781	204,395	243,110	269,910	116,080	205,780	236,650	244,375	157,349	257,970	273,742	277,781	199,083	262,000	264,600	270,500	172,760	234,100	277,900	272,000	187,965	293,700	281,100	230,400	226,119	244,200	249,800	187,900	174,100	128,200	107,600	79,600	52,400	90,900	97,800	48,700	61,800	56,000	69,600	66,600	73,400
Net Invested Capital	1,772,596	1,781,632	1,778,055	1,739,868	1,596,221	1,597,011	1,537,842	1,496,968	1,459,433	1,406,346	1,372,435	1,415,788	1,416,784	1,434,761	1,468,359	1,487,056	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	134,076	809,542	786,770	764,835	591,957	583,480	503,425	473,128	436,447	339,278	331,115	329,727	328,914	327,590	331,482	346,803	344,315	340,651	339,543	328,503	350,243	347,655	335,797	334,258	319,849	312,983	308,329	308,677	311,187	297,072	289,672	276,384	266,711	249,691	245,600	202,051	200,346	204,710	200,248	199,137	196,501	72,337	70,129	71,597	70,266	29,987	28,798	27,376	25,266	24,161	24,237	22,232	21,661	20,738	20,356	21,348	21,962	18,334	17,691	16,680	4,905	5,139	3,337	2,343	2,553	2,349	2,627	2,916	3,170	3,048	3,446	3,669	3,436	3,356	3,007	2,949	3,161	79,784	3,187	3,159	75,274	86,102	87,656	3,665	86,456	3,543	88,486	3,590	3,258	104,083	4,576	110,436	110,707	4,581	5,612	129,521	135,243	4,200	4,100	4,000	183,064	3,200	3,700	4,000	257,956	3,500	3,500	3,200	180,079	2,500	2,400	2,400	2,100	1,700	1,700	1,600	0	0	0	1,100	900	800	700	400	0
Net Tangible Assets	0	825,409	824,666	838,823	828,367	803,250	802,974	734,186	736,714	744,517	753,976	756,367	767,402	770,417	778,894	797,629	776,943	785,434	779,171	779,761	825,490	815,842	801,127	753,375	755,160	756,635	757,167	753,140	740,048	740,631	730,743	672,690	659,202	622,706	621,022	620,884	621,621	593,177	593,776	593,270	593,938	597,524	596,725	428,311	424,601	426,041	426,556	426,469	428,248	428,780	429,643	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	817,113	416,785	428,261	471,152	586,203	428,637	429,666	329,688	408,820	350,089	310,525	316,088	309,028	324,764	357,683	355,812	345,135	319,926	316,119	314,085	327,202	337,777	308,929	326,222	313,183	309,427	305,315	303,692	296,669	277,971	289,921	283,780	256,746	244,453	241,138	196,056	211,449	200,796	197,002	197,002	189,898	122,744	117,912	67,356	62,456	24,475	27,747	27,222	27,177	26,276	23,818	-50,135	31,675	36,786	29,116	33,959	27,399	16,731	17,666	10,090	21,091	100,100	101,101	114,641	130,326	130,837	148,792	147,272	133,379	165,482	180,269	179,312	136,790	144,457	115,058	106,107	83,454	106,881	63,949	65,659	83,774	86,450	79,739	81,277	77,725	95,793	90,068	81,858	-172,497	97,082	5,002	100,003	108,550	4,069	1,832	128,708	131,188	88,500	99,000	88,300	266,467	83,000	85,700	70,300	584,030	69,600	303,900	313,300	426,827	71,700	70,500	0	0	0	0	85,600	97,000	2,500	0	99,900	58,600	0	-5,300	0	0
Non Current Assets Total	990,471	1,037,571	1,058,393	1,024,408	1,031,958	1,039,293	1,059,698	1,017,793	1,059,026	1,064,670	1,071,232	1,109,208	1,117,484	1,119,947	1,120,853	1,141,618	1,133,679	1,157,837	1,147,329	1,149,868	1,150,798	1,156,502	1,149,207	1,118,029	1,112,967	1,085,158	1,094,750	1,047,321	1,052,770	1,051,922	1,047,556	997,166	974,328	934,720	776,351	777,295	730,305	733,414	730,307	728,801	721,375	701,115	705,148	704,790	704,587	664,350	608,350	613,789	600,733	574,566	569,487	574,600	517,277	474,809	476,504	456,588	444,639	438,364	443,394	447,322	449,683	457,674	463,229	473,347	401,179	472,393	470,631	499,331	420,888	505,031	506,252	507,555	420,281	560,562	527,496	527,533	449,526	504,632	511,897	520,639	469,450	538,073	545,012	548,429	497,500	569,653	576,037	595,689	642,246	548,381	585,897	600,928	622,428	649,829	665,828	674,377	683,736	423,500	400,600	402,700	663,996	379,600	438,400	339,200	640,733	311,900	273,600	221,700	574,290	195,400	194,200	151,600	111,800	91,500	92,100	74,100	70,600	232,000	60,900	30,600	27,800	27,400	18,100	18,300	0
Non Current Liabilities Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	9,292	9,167	9,041	8,916	8,790	12,140	12,015	12,229	12,514	13,717	12,572	12,722	13,323	3,367	3,313	3,258	0	0	0	0	33	6,996	6,854	6,744	6,634	6,524	6,414	6,305	6,195	10,018	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	891,317	593,973	627,039	630,945	637,854	642,761	678,868	604,882	722,719	661,829	618,459	659,421	649,382	664,344	689,465	689,427	693,388	683,869	675,838	675,800	645,029	670,986	652,440	687,388	667,502	637,950	642,898	597,873	609,391	589,262	606,734	608,256	571,872	517,967	357,967	313,967	281,633	302,533	295,033	294,033	278,835	187,835	187,835	305,335	303,935	223,935	170,635	175,635	159,200	131,600	123,200	53,200	91,430	53,730	44,730	28,500	17,725	0	5,500	0	36,800	36,900	37,100	51,600	52,300	52,600	52,900	53,100	53,800	65,800	73,500	74,100	92,400	89,000	98,900	99,600	96,800	119,600	149,700	161,300	184,400	171,400	223,100	229,200	227,800	257,200	257,800	273,100	106,408	190,636	230,313	218,059	262,600	284,900	299,900	304,700	292,300	261,900	264,700	270,500	229,700	234,100	277,900	271,900	249,700	293,700	281,100	230,400	283,500	244,300	249,900	187,900	174,100	128,200	107,600	76,300	0	52,500	97,800	0	0	56,000	63,600	66,600	73,400
Non Currrent Assets Other	1,557	19,904	20,986	13,022	4,110	-13,998	1,040,358	5,160	1,039,686	1,045,330	3,332	3,453	3,786	3,947	4,237	4,712	4,716	4,970	5,249	5,038	17,432	24,304	24,711	21,861	810	1,080	1,349	1,584	1,027,549	1,027,990	2,375	973,124	950,286	913,577	3,490	3,561	3,782	2,036	2,114	2,276	2,458	2,514	2,701	704,790	3,040	51,486	57,085	59,539	58,923	62,219	62,849	61,080	63,220	74,622	69,253	-319,310	70,359	74,656	76,848	78,211	-449,683	-457,674	-463,229	-473,347	-67,213	-472,393	-470,631	-499,331	-82,300	-505,031	-506,252	-507,555	-132,723	-560,562	-527,496	-527,533	-71,153	-504,632	-511,897	-520,639	-46,302	-538,073	-545,012	-548,429	-54,934	-569,653	-576,037	-595,689	37,940	-548,381	-585,897	-600,928	-622,428	-649,829	-665,828	-674,377	-683,736	-423,500	-400,600	-402,700	-663,996	-379,600	-438,400	-339,200	-640,733	-311,900	-273,600	-221,700	-574,290	-195,400	-194,200	-151,600	-111,800	-91,500	-92,100	-74,100	-70,600	-232,000	-60,900	-30,600	-27,800	-27,400	-18,100	-18,300	0
Noncontrolling Interest In Consolidated Entity	0	0	34,949	25,792	21,940	21,919	7,522	8,413	8,413	8,413	8,404	8,404	8,404	8,404	8,411	8,426	8,483	8,460	8,439	8,392	7,481	7,451	4,569	3,488	3,488	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	7	349	406	407	1,962	1,962	1,962	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	-420,267	-458,454	2,132	452,090	468,625	1,107,267	107,451	1,096,360	106,884	1,153,707	264,390	1,194,463	268,514	260,306	259,108	258,815	258,156	257,265	4,883	260,371	266,913	258,534	255,244	1,140,508	1,114,368	1,122,930	1,074,181	1,075,718	1,072,701	1,072,697	1,018,186	995,771	955,495	789,399	789,952	740,236	740,272	736,876	735,562	728,131	708,568	711,620	711,446	712,135	623,304	566,381	575,563	563,525	534,817	528,381	531,632	472,391	423,590	422,374	403,329	389,892	379,502	382,192	385,158	23,879	-60,186	-64,910	-72,872	544,105	-68,932	-66,449	-93,438	567,767	-103,500	-110,528	-116,969	585,271	-141,656	-103,822	-92,828	547,880	-54,720	-50,119	-48,862	574,924	-55,466	-56,292	-54,529	599,925	-56,708	-58,304	-63,237	540,035	-61,000	34,927	-68,801	-74,293	28,732	30,918	-98,230	-114,013	181,000	198,600	214,800	-259,349	214,800	176,500	264,900	-588,899	251,900	16,800	7,000	-533,168	160,400	157,500	131,500	14,900	151,300	130,200	100,000	19,400	7,300	56,100	28,000	6,100	118,700	136,500	128,900	146,800
Other Current Assets	-154,362	-149,031	-124,383	-3,088	11,099	12,004	8,703	8,470	4,191	3,681	3,899	3,655	5,316	6,896	7,467	5,476	5,115	3,845	3,463	5,342	3,985	3,767	4,089	2,877	23,711	22,829	27,010	25,690	22,948	20,779	21,119	21,020	21,443	20,775	13,048	12,657	9,931	6,858	6,569	6,761	6,756	7,453	6,262	6,656	7,548	7,222	52	52	52	51	51	601	743	8,534	8,260	8,422	8,663	8,767	8,577	8,842	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Current Liab	-1,646	51,257	45,238	33,196	37,942	33,035	32,863	30,716	-586,377	-489,100	-516,926	-521,410	-525,184	-540,365	-566,163	-570,224	-564,093	-484,001	-492,906	-496,487	-497,409	-509,414	-525,447	-532,009	-531,582	-546,342	-557,405	-557,296	-456,834	-468,769	-442,086	-409,352	-407,022	-314,725	-251,906	-255,398	-257,568	-263,272	-233,754	-235,195	-235,663	-168,416	-163,796	-165,282	-163,251	-164,792	-81,243	-82,407	-80,813	-81,826	-28,882	60,963	12,312	-38,544	11,474	6,394	10,870	9,965	9,084	7,498	6,710	11,400	11,800	-43,156	-42,752	-42,847	-43,521	-39,461	-43,376	-55,471	-64,548	-64,415	-59,527	-74,484	-90,061	-91,173	-88,729	-105,141	-132,605	-134,408	-135,981	-22,873	-22,996	-23,367	-156,987	-22,279	6,727	5,512	-178,819	-18,570	-14,835	-27,726	-123,385	2,447	4,523	2,341	-109,559	-1,500	-36,500	-40,800	-52,213	21,400	25,600	21,400	-45,873	21,600	21,500	25,900	-42,723	23,500	24,600	0	0	0	0	-3,300	-52,400	-38,400	0	-48,700	-61,800	0	-6,000	0	0
Other Liab	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	9,292	9,167	9,041	34,144	32,500	35,950	36,318	40,782	39,877	38,602	35,052	40,376	35,188	21,987	19,597	20,509	15,937	14,429	14,088	16,713	15,308	18,708	18,233	19,270	18,688	17,601	16,214	17,831	17,160	20,260	18,887	9,869	9,080	8,407	7,047	7,801	6,931	5,983	4,279	5,015	4,979	5,406	4,655	5,381	5,532	5,214	4,281	6,223	6,380	4,497	5,150	12,279	5,093	4,008	3,591	3,040	3,405	2,798	2,313	2,514	5,602	5,227	5,646	6,419	7,024	6,158	5,718	7,138	6,599	6,928	6,180	6,741	5,719	4,687	4,661	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Stockholder Equity	991,656	816,400	815,685	933,370	931,124	899,921	893,154	857,558	856,895	854,921	852,959	851,150	852,780	851,000	849,326	847,572	867,346	865,721	863,993	862,376	862,712	861,226	858,832	857,426	856,992	855,746	854,340	853,132	839,005	837,889	829,228	772,677	758,676	720,221	719,216	718,050	717,396	691,249	690,373	689,551	688,654	688,341	687,841	516,011	510,236	702,486	694,315	687,949	685,125	679,550	506,513	669,758	557,572	552,661	490,029	485,713	471,733	465,796	461,015	457,043	322,714	397,414	395,184	320,759	317,565	318,339	334,744	334,271	333,842	331,033	330,469	332,118	330,474	330,357	293,625	293,407	294,810	282,406	276,764	255,995	249,417	247,126	246,804	247,387	246,938	247,436	247,154	247,127	246,888	280,231	281,573	286,367	286,442	286,502	286,452	286,427	294,269	235,100	249,800	264,500	475,927	297,300	283,400	283,300	406,462	347,800	313,200	311,600	195,297	253,100	235,600	231,300	170,600	218,400	211,200	208,500	173,200	200,400	151,200	151,400	85,100	95,300	78,600	80,800	71,300
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	38,500	0	0	0	0	0	0	0	0	38,500	38,500	38,500	38,500	38,500	38,500	38,500	38,500	38,500	38,500	38,500	38,500	38,500	38,500	38,500	38,500	38,500	38,500	126,913	126,913	126,913	186,801	186,801	186,801	186,801	186,801	186,801	189,560	189,727	189,901	190,363	208,553	208,636	209,012	209,256	209,341	212,161	212,386	211,792	213,317	213,534	214,073	214,312	218,532	230,358	173,625	193,500	189,163	217,484	164,986	164,986	165,183	165,183	165,183	165,183	165,183	165,183	165,500	165,500	165,500	165,500	165,500	165,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	612,864	551,265	554,250	541,810	512,347	506,638	513,520	454,057	400,187	407,251	387,949	374,280	363,708	366,546	369,111	449,683	457,674	463,229	466,882	468,392	465,930	470,631	499,331	503,188	505,031	506,252	507,555	553,004	560,562	527,496	527,533	520,679	504,632	511,897	520,639	515,752	538,073	545,012	548,429	552,434	569,653	576,037	595,689	604,306	548,381	585,897	600,928	622,428	649,829	665,828	674,377	683,736	423,500	400,600	402,700	663,996	379,600	438,400	339,200	640,733	311,900	273,600	221,700	481,745	195,400	194,200	151,600	111,800	91,500	92,100	74,100	70,600	232,000	60,900	30,600	27,800	27,400	18,100	18,300	0
Property Plant And Equipment Net	969,574	998,327	1,018,067	992,046	1,008,508	1,033,951	0	993,293	0	0	1,048,560	1,086,415	1,102,358	1,108,931	1,115,593	1,117,845	1,109,960	1,128,441	1,114,559	1,117,315	1,102,751	1,101,687	1,094,099	1,065,879	1,082,259	1,054,216	1,063,699	1,019,556	0	0	1,021,145	0	0	0	752,139	753,514	726,523	731,378	728,193	726,525	718,917	698,601	702,447	0	701,547	612,864	551,265	554,250	541,810	512,347	506,638	513,520	454,057	400,187	407,251	387,949	374,280	363,708	366,546	369,111	449,683	457,674	463,229	466,882	468,392	465,930	470,631	499,331	503,188	505,031	506,252	507,555	553,004	560,562	527,496	527,533	520,679	504,632	511,897	520,639	515,752	538,073	545,012	548,429	552,434	569,653	576,037	595,689	604,306	548,381	585,897	600,928	622,428	649,829	665,828	674,377	683,736	423,500	400,600	402,700	663,996	379,600	438,400	339,200	640,733	311,900	273,600	221,700	481,745	195,400	194,200	151,600	111,800	91,500	92,100	74,100	70,600	232,000	60,900	30,600	27,800	27,400	18,100	18,300	0
Property Plant Equipment	0	1,007,775	1,024,120	996,121	1,019,218	1,026,182	1,035,767	1,025,606	1,033,951	1,041,916	1,048,560	1,090,927	1,102,358	1,108,931	1,115,593	1,117,845	1,136,816	1,132,271	1,118,389	1,121,145	1,102,751	1,101,687	1,094,099	1,065,879	1,082,259	0	0	0	1,025,702	0	0	0	947,421	0	0	0	726,523	731,378	728,193	726,525	718,917	698,601	702,657	701,936	701,547	612,864	556,290	559,275	599,916	571,421	567,066	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Earnings	-116,917	-121,150	-119,742	-102,317	-111,888	-106,520	-96,723	-128,471	-120,403	-110,798	-99,377	-95,177	-85,770	-80,975	-70,824	-50,335	-90,801	-80,685	-85,219	-83,012	-37,619	-45,781	-58,101	-104,447	-102,228	-99,507	-97,569	-100,388	-99,349	-97,658	-98,889	-100,384	-99,896	-97,927	-98,615	-97,594	-96,212	-98,511	-97,044	-96,737	-95,180	-91,290	-91,598	-88,150	-86,092	-83,855	-81,669	-80,721	-79,597	-78,593	-77,407	-76,062	-70,479	-69,367	-65,137	-63,653	-61,255	-59,395	-57,814	-55,654	-54,627	0	0	-47,877	-47,191	-45,485	-43,968	-43,691	-42,985	-42,209	-40,622	-48,308	-79,331	-69,773	-68,049	-66,705	-77,349	-75,742	-74,510	-73,553	-69,976	-67,114	-66,627	-66,582	-64,889	-64,023	-64,976	-73,733	-74,314	-69,143	-71,437	-56,035	-56,329	-53,353	-52,319	-50,854	-50,176	195,600	183,700	170,800	-24,290	146,000	139,300	119,200	-9,426	-8,100	0	0	-11,078	-69,900	-63,300	-56,900	0	-45,300	-39,500	-34,300	0	-24,000	0	0	0	-9,600	0	-5,000	0
Retained Earnings Total Equity	0	0	-119,742	-102,317	-111,888	-106,520	-96,723	-128,471	-120,403	-110,798	-99,377	-95,177	-85,770	-80,975	-70,824	-50,335	-90,801	-80,685	-85,219	-83,012	-37,619	-45,781	-58,101	-104,447	-102,228	-99,507	-97,569	-100,388	-99,349	-97,658	-98,889	-100,384	-99,896	-97,927	-98,615	-97,594	-96,212	-98,511	-97,044	-96,737	-95,180	767,198	749,912	737,009	724,033	711,262	698,767	685,664	672,743	660,186	647,811	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	0	362,250	326,350	270,100	130,000	151,000	56,000	157,900	0	0	0	0	0	0	0	0	0	0	0	0	0	120,000	85,500	120,500	96,500	637,950	642,898	0	609,391	0	0	0	571,872	0	0	0	280,584	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	891,317	956,223	953,389	901,045	767,854	793,761	734,868	762,782	722,719	661,829	618,459	659,421	649,382	664,344	689,465	689,427	693,388	683,869	675,838	675,800	645,029	670,986	652,440	687,388	667,502	637,950	642,898	597,873	609,391	589,262	606,734	608,256	571,872	517,967	357,967	313,967	281,633	302,533	295,033	294,033	278,835	187,835	187,835	305,335	303,935	223,935	170,635	175,635	159,200	131,600	123,200	53,200	91,430	53,730	44,730	36,141	25,410	11,953	25,596	36,091	4,690	36,900	37,100	51,600	5,130	52,600	52,900	5,130	5,545	5,545	5,545	5,545	21,935	17,999	112,297	113,098	13,967	133,693	15,660	26,254	14,686	142,393	193,902	199,735	63,782	227,363	257,811	273,127	122,402	209,109	246,455	246,795	159,219	260,237	275,258	280,103	201,738	262,000	264,600	270,500	174,263	234,100	277,900	272,000	192,939	293,700	281,100	230,400	229,267	244,200	249,800	187,900	174,100	128,200	107,600	79,600	52,400	90,900	97,800	48,700	61,800	56,000	69,600	66,600	73,400
Short Term Debt	49,160	362,250	326,350	270,100	130,000	151,000	56,000	157,900	623,356	527,429	552,559	552,521	559,482	574,444	599,565	599,527	599,488	518,469	528,938	528,900	533,029	550,986	566,940	566,888	571,002	582,950	597,898	597,873	502,291	512,262	484,734	447,256	451,372	352,467	277,467	277,467	281,633	281,633	251,633	251,633	255,800	185,800	185,800	185,800	185,800	185,800	100,000	100,000	100,000	100,000	50,000	50,000	0	50,000	0	7,641	7,685	11,953	20,096	36,091	4,690	0	0	5,130	5,130	0	0	0	5,545	5,545	5,545	5,545	5,935	13,299	13,401	13,503	13,967	14,064	14,160	14,254	14,686	14,776	14,866	14,930	15,361	15,446	15,528	15,609	15,994	18,473	16,142	28,736	41,219	16,625	16,699	16,765	41,738	29,200	53,700	56,400	17,596	0	0	0	13,616	0	0	0	14,039	0	0	0	0	0	0	3,300	52,400	38,400	0	48,700	61,800	0	6,000	0	0
Short Term Investments	987,965	1,007,775	1,024,120	996,121	19,340	1,026,182	19,340	19,340	19,340	1,041,916	1,053,072	1,090,927	0	1,108,931	1,115,593	1,117,845	0	1,132,271	1,118,389	1,121,145	0	1,107,043	1,097,929	1,086,061	0	1,060,597	1,064,869	1,020,726	0	1,025,878	0	970,519	0	910,288	0	0	0	0	0	0	0	0	0	0	0	0	0	6,486	6,485	6,483	6,481	6,479	6,478	6,477	6,476	6,474	6,473	6,472	6,470	6,469	6,468	6,467	6,466	6,465	6,464	6,463	6,462	9,940	9,939	11,637	11,549	9,935	9,933	0	0	0	0	0	0	12,281	12,281	9,872	9,650	8,127	7,968	8,871	8,781	8,781	8,755	8,240	5,456	14,873	15,873	15,421	14,404	14,565	14,190	112,000	112,100	99,900	100,600	101,200	107,600	87,700	341,900	87,700	321,900	336,000	269,800	92,700	92,700	92,900	228,400	67,700	68,000	87,300	149,400	40,900	144,200	147,500	119,500	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	1,855,098	1,867,863	1,858,242	1,798,856	1,656,103	1,651,965	1,578,227	1,536,097	1,504,825	1,453,088	1,416,472	1,455,303	1,459,486	1,477,244	1,510,172	1,524,785	1,514,209	1,512,231	1,499,480	1,496,366	1,513,620	1,535,851	1,499,629	1,479,130	1,465,570	1,431,193	1,440,558	1,391,590	1,394,896	1,373,386	1,380,125	1,318,850	1,275,424	1,216,915	1,043,050	995,420	965,819	952,571	945,188	942,241	931,410	841,243	845,064	792,664	789,592	709,833	654,854	658,604	647,097	619,016	614,423	635,428	561,264	523,051	517,094	512,042	490,593	477,013	490,240	501,001	506,053	508,988	511,220	526,216	544,105	547,098	565,374	564,765	567,767	580,413	587,993	590,998	585,271	578,663	552,832	552,112	547,880	574,593	543,227	553,436	574,924	590,057	589,259	596,877	599,925	631,338	629,701	635,310	648,568	603,033	640,661	659,856	676,585	700,830	718,278	722,555	721,811	720,700	715,400	721,400	689,814	698,800	726,200	695,800	656,664	655,000	615,800	567,900	494,149	451,000	446,800	378,400	357,200	312,200	292,000	263,000	239,400	280,200	261,200	207,200	154,300	146,900	155,300	147,600	146,800
Total Current Assets	864,627	830,292	799,849	774,448	624,145	612,672	518,529	518,304	445,799	388,418	345,240	346,095	342,002	357,297	389,319	383,167	380,530	354,394	352,151	346,498	362,822	379,349	350,422	361,101	352,603	346,035	345,808	344,269	342,126	321,464	332,569	321,684	301,096	282,195	266,699	218,125	235,514	219,157	214,881	213,440	210,035	140,128	139,916	87,874	85,005	45,483	46,504	44,815	46,364	44,450	44,936	60,828	43,987	48,242	40,590	55,454	45,954	38,649	46,846	53,679	32,491	111,500	112,901	125,741	142,926	143,637	161,192	158,872	146,879	178,882	192,269	200,412	164,990	159,757	129,158	117,407	98,354	124,681	81,449	81,659	105,474	107,450	100,539	102,977	102,425	118,393	111,968	102,858	6,322	115,652	19,837	127,729	128,450	22,269	21,532	146,408	152,088	116,200	116,200	103,900	285,167	104,400	111,300	91,700	604,830	91,200	325,400	339,200	453,027	95,200	95,100	95,300	230,500	69,400	69,700	88,900	149,400	40,900	144,200	148,600	120,400	800	700	400	0
Total Current Liabilities	47,514	413,507	371,588	303,296	167,942	184,035	88,863	188,616	36,979	38,329	35,633	31,111	34,298	34,079	33,402	29,303	35,395	34,468	36,032	32,413	35,620	41,572	41,493	34,879	39,420	36,608	40,493	40,577	45,457	43,493	42,648	37,904	44,350	37,742	25,561	22,069	24,065	18,361	17,879	16,438	20,137	17,384	22,004	20,518	22,549	21,008	18,757	17,593	19,187	18,174	21,118	110,963	12,312	11,456	11,474	21,495	18,555	21,918	29,180	43,589	11,400	11,400	11,800	11,100	12,600	12,800	12,400	11,600	13,500	13,400	12,000	21,100	28,200	15,300	14,100	11,300	14,900	17,800	17,500	16,000	21,700	21,000	20,800	21,700	24,700	22,600	21,900	21,000	178,819	18,570	14,835	27,726	19,900	18,200	19,700	17,700	20,900	27,700	17,200	15,600	18,700	21,400	25,600	21,400	20,800	21,600	21,500	25,900	26,200	23,500	24,600	0	0	0	0	3,300	52,400	38,400	0	48,700	61,800	0	6,000	0	0
Total Liab	938,831	1,007,480	998,627	934,241	805,796	826,796	767,731	793,498	759,698	700,158	654,092	690,532	683,680	698,423	722,867	718,730	728,783	718,337	711,870	708,213	680,649	712,558	693,933	722,267	706,922	674,558	683,391	638,450	654,848	632,755	649,382	646,160	616,222	555,709	383,528	336,036	305,698	320,894	312,912	310,471	298,972	205,219	209,839	325,853	326,484	244,943	189,392	193,228	178,387	149,774	144,318	164,163	103,742	65,186	56,204	49,995	36,280	21,918	34,680	43,589	45,041	45,195	45,815	59,605	61,431	61,861	61,831	61,174	63,815	75,677	82,009	91,645	117,054	100,795	109,449	107,364	107,967	127,074	156,147	166,483	192,741	179,228	230,635	237,752	239,113	266,662	266,286	280,928	294,785	217,581	256,658	255,955	272,546	293,440	309,715	312,782	303,300	280,000	272,000	276,400	237,900	245,300	288,800	279,000	259,378	305,100	292,100	246,100	299,207	257,500	264,300	200,100	185,500	138,000	119,300	88,800	66,200	103,800	110,000	55,800	69,200	61,200	76,700	71,800	75,500
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	881,279	825,409	824,666	838,823	828,367	803,250	802,974	734,186	736,714	744,517	753,976	756,367	767,402	770,417	778,894	797,629	776,943	785,434	779,171	779,761	825,490	815,842	801,127	753,375	755,160	756,635	757,167	753,140	740,048	740,631	730,743	672,690	659,202	661,206	659,522	659,384	660,121	631,677	632,276	631,770	632,438	636,024	635,225	466,811	463,101	464,541	465,056	464,969	466,748	467,280	468,143	469,303	455,560	455,903	458,928	460,085	452,332	451,961	452,426	454,278	457,878	460,659	462,271	463,476	479,156	481,719	500,025	500,073	500,434	501,218	502,466	495,835	464,693	474,350	439,865	441,230	436,207	437,226	376,075	376,122	368,782	397,674	345,341	345,970	347,413	351,521	350,011	341,227	340,379	375,815	374,173	394,306	394,127	397,753	398,691	400,136	408,617	431,000	433,500	435,300	441,400	443,300	422,700	402,500	386,127	339,700	313,200	311,600	184,414	183,200	172,300	174,400	170,600	173,100	171,700	174,200	173,200	176,400	151,200	151,400	85,100	85,700	78,600	75,800	71,300
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Cash Flow

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31
Begin Period Cash Flow	10,379	5,161	7,772	4,244	4,764	5,213	7,991	12,942	25,237	6,778	7,191	4,408	6,903	8,856	21,118	42,631	29,887	3,569	4,315	17,919	8,001	6,322	1,870	2,655	1,503	4,974	3,148	1,434	14,300	3,100	49,800	0
Capital Expenditures	9,686	9,099	6,298	354	608	1,248	908	1,408	827	1,506	38,636	176,568	103,855	100,424	16,984	5,369	11,735	19,685	68,354	26,157	5,174	1,422	1,689	5,252	43,223	190,120	222,378	194,725	23,400	41,100	0	0
Cash And Cash Equivalents Changes	0	5,218	-2,611	3,528	-520	-449	-2,778	-4,951	-12,295	18,459	-413	2,783	-2,495	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	-4,771	2,746	-1,483	-2,137	-1,818	-10,862	32,193	34,235	20,205	3,519	444	-4,231	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	9,907	5,218	-2,611	3,528	-520	-449	-2,778	-4,951	-12,295	18,459	-413	2,783	-2,495	-1,953	-12,262	-21,513	12,744	26,318	-746	-13,604	9,918	1,679	4,452	-785	1,152	-3,471	1,826	1,714	74,400	65,500	70,200	141,100
Change In Working Capital	-14,896	-3,987	-4,285	-8,949	-6,801	-3,742	-14,786	-8,185	1,869	-161	3,696	3,003	1,904	2,769	2,384	-460	418	701	4,802	298	-5,086	-2,090	-1,376	-12,835	1,304	1,194	-5,666	-26,200	0	38,400	36,500	0
Change Receivables	0	-7,173	-6,776	-6,161	-5,854	-5,682	-5,367	-5,147	-3,939	72	32	535	56	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	-9,283	-7,173	-6,776	-6,161	-5,854	-5,682	-5,367	-5,147	-3,939	72	32	535	56	95	91	152	549	648	-574	748	-2,667	-610	-1,036	-6,039	-1,000	1,000	-2,500	0	0	0	0	0
Change To Inventory	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	13,001	13,770	30,601	11,300	18,863	21,109	19,746	17,186	19,704	20,594	23,234	0	0	0	0	0
Change To Liabilities	0	1,489	-471	-767	803	-1,096	601	701	418	132	145	1,923	2,338	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	-23,178	1,165	-10,662	9,184	-70,969	-6,828	-9,783	-3,543	1,936	-280	-131	3,142	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	3,186	2,491	-2,788	-947	1,940	-2,875	1,795	5,808	-233	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	38,189	37,496	38,296	39,071	39,216	37,555	37,610	35,932	29,431	25,529	24,706	22,153	19,623	16,109	14,822	14,960	14,352	13,944	13,698	12,927	12,998	14,400	13,866	15,259	13,483	12,561	9,163	8,181	5,200	3,200	1,600	400
Dividends Paid	94,764	91,509	90,494	90,262	90,899	90,372	90,219	84,568	76,765	74,431	66,904	57,785	56,572	53,902	51,373	52,103	51,978	50,909	46,419	38,498	26,763	23,200	14,259	37,790	57,713	54,520	46,407	24,670	21,200	14,400	8,800	70,300
End Period Cash Flow	20,286	10,379	5,161	7,772	4,244	4,764	5,213	7,991	12,942	25,237	6,778	7,191	4,408	6,903	8,856	21,118	42,631	29,887	3,569	4,315	17,919	8,001	6,322	1,870	2,655	1,503	4,974	3,148	88,700	68,600	120,000	141,100
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	94,649	105,586	91,184	115,747	121,861	114,287	104,397	104,300	101,514	94,256	86,193	76,690	-33,020	-35,099	43,356	51,015	46,890	36,890	-4,801	24,780	31,044	41,481	42,163	40,055	17,562	-128,235	-179,148	-160,936	800	-21,900	8,900	3,300
Investments	-203,696	-119,949	-107,115	8,983	-11,220	-17,422	1,219	-30,454	-87,749	-2,875	-125,319	18,053	6,466	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	30,976	68,156	0	0	0	1,005	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	44,732	70,482	-44,195	48,172	-25,828	57,870	37,286	290,155	666	-25,271	143,309	65,484	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	89,148	100,584	56,224	95,677	80,872	155,076	87,340	85,115	73,081	73,399	57,815	51,327	49,443	46,053	44,360	42,977	47,755	78,788	52,709	36,388	24,319	31,803	-2,908	31,637	31,827	50,593	35,763	22,537	20,000	15,300	6,800	800
Other Cashflows From Financing Activities	-1,619	265,994	297,045	-4,070	206,565	-465	1,135	-2,377	488,616	-2,351	-7,430	236,958	215,243	132,954	19,430	-27,302	-1,698	-21,668	17,624	98,736	-16,761	12,957	6,371	-2,620	24,267	-967	-3,062	88,597	87,300	29,000	79,000	211,400
Other Cashflows From Investing Activities	0	20,803	43,627	58,560	-44,405	92,749	14,974	14,613	732	33,593	11,001	1,271	-103,855	0	0	0	0	0	0	0	0	1,152	2,974	1,741	0	0	0	0	0	0	0	0
Other Non Cash Items	77,555	-36,471	1,047	22,675	-1,547	-8,136	-6,601	-9,632	-7,062	-1,331	-3,190	-1,495	-2,053	-2,591	1,626	-2,230	-3,900	-36,858	-7,656	1,324	3,987	-1,210	34,270	11,246	14,171	-2,463	3,970	3,071	-1,000	700	500	2,100
Sale Purchase Of Stock	246,180	67,719	-354	-18,012	779	116,323	213,202	201,259	79	68,571	163,523	-838	-88,413	-59,065	-2,016	0	-18,768	-1,476	-3,296	-252,610	-3,443	-4,740	-64,284	-7,969	-37,031	-3,345	560,732	-1,831	0	-2,700	0	0
Stock Based Compensation	8,481	7,964	7,760	7,012	6,566	5,870	5,249	4,280	4,006	3,253	2,591	1,819	1,467	1,285	1,389	1,229	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	80,484	19,581	-24,009	-156,504	-44,001	-112,375	-16,071	29,239	212,184	-48,269	77,349	84,608	24,059	20,100	-63,536	-82,853	-72,444	-89,827	-13,883	-67,282	-47,007	-60,544	-86,172	-91,789	-11,477	-13,827	109,396	62,135	74,400	65,500	70,200	141,100
Total Cash From Operating Activities	104,335	105,586	91,184	116,101	122,469	115,535	105,305	105,708	102,341	95,762	86,193	76,690	70,835	65,325	60,340	56,384	58,625	56,575	63,553	50,937	36,218	42,903	43,852	45,307	60,785	61,885	43,230	33,789	24,200	19,200	8,900	3,300
Total Cashflows From Investing Activities	0	-119,949	-69,786	43,931	-78,988	-3,609	-92,012	-139,898	-326,820	-29,034	-163,955	-158,515	-97,389	0	0	4,956	26,563	59,570	0	2,741	20,707	19,320	46,772	45,697	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-09-30
Begin Period Cash Flow	11,302	7,026	5,538	10,379	6,478	6,401	4,393	5,161	45,459	5,714	8,201	7,772	22,811	50,370	30,888	4,244	6,068	5,315	8,823	4,764	22,571	6,706	3,784	5,213	3,842	9,299	8,732	7,991	3,613	17,756	24,280	12,942	11,729	8,051	3,417	25,237	7,589	8,064	7,542	6,778	60,338	63,315	9,621	7,191	8,274	10,313	3,297	4,408	5,214	6,395	23,390	6,903	12,493	5,498	19,210	8,856	5,076	14,108	21,688	21,118	16,150	29,691	25,868	42,631	49,160	63,562	30,973	29,887	45,954	51,362	54,824	3,569	3,941	13,962	12,819	4,315	44,897	2,793	3,748	17,919	11,476	3,233	8,888	8,001	22,968	14,701	3,217	6,322	3,329	9,805	2,420	1,870	2,267	1,516	2,322	2,655	1,900	0	23,300	1,500	9,200	0	25,500	5,000	34,300	28,700	64,700	3,100	2,500	50,100	0	1,400	15,400	6,600	34,400	14,300	14,200	46,200	54,100	3,100	65,000	3,800	47,800	49,800	0
Capital Expenditures	4,633	48,812	622	2,608	4,439	1,650	1,837	1,068	1,459	4,839	2,046	1,044	354	77	86	191	167	108	73	260	398	298	293	259	281	256	201	170	215	251	256	686	346	184	150	147	290	474	435	307	25,828	1,007	7,505	6,310	83,594	62,451	2,341	18,802	34,724	14,750	189	54,192	58,226	1,354	23,285	17,559	14,439	814	1,093	638	3,679	0	146	3,679	7,167	1,711	1,297	1,560	3,189	8,486	7,534	476	174	46,477	5,146	16,557	16,052	174	3,157	7,122	1,813	11	3,286	86	157	174	438	653	462	143	938	146	1,423	2,288	1,541	0	28,723	4,900	2,700	6,900	54,720	9,500	92,800	33,100	122,578	43,400	14,300	70,700	117,725	0	43,800	33,200	15,100	0	4,300	4,000	0	0	0	0	0	0	0	0	0
Cash And Cash Equivalents Changes	0	0	1,488	-4,841	3,901	77	2,008	-768	-40,298	39,745	-2,487	429	-15,039	-27,559	19,482	26,644	-1,824	753	-3,508	4,059	-17,807	15,865	2,922	-1,429	1,371	-5,457	567	741	4,378	-14,143	-6,524	11,338	1,213	3,678	4,634	-21,820	17,648	-475	522	764	-53,560	-2,977	53,694	2,430	-1,083	-2,039	7,016	-1,111	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	409	-9,829	424	-1,915	1,051	-4,331	-1,750	3,353	3,936	-2,793	-1,551	2,537	1,519	-3,988	-812	-1,100	4,410	-4,635	-586	1,924	1,331	-4,487	170	476	-3,955	-7,553	34,438	1,287	2,074	-5,606	33,440	3,038	1,786	-4,029	3,955	7,308	11,769	-2,827	1,905	2,178	497	-1,061	-158	2,279	651	-2,328	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	8,984	4,276	1,488	-4,841	3,901	77	2,008	-768	-40,298	39,745	-2,487	429	-15,039	-27,559	19,482	26,644	-1,824	753	-3,508	4,059	-17,807	15,865	2,922	-1,429	1,371	-5,457	567	741	4,378	-14,143	-6,524	11,338	1,213	3,678	4,634	-21,820	17,648	-475	522	764	-53,560	-2,977	53,694	2,430	-1,083	-2,039	7,016	-1,111	-806	-1,181	-16,995	16,487	-5,590	6,995	-13,712	10,354	3,780	-9,032	-7,580	570	4,968	-13,541	-27,377	-16,763	-6,529	-14,402	32,589	1,086	-16,067	-5,408	-3,462	51,255	-372	-10,021	1,143	8,504	-40,582	42,104	-955	-14,171	6,443	8,243	-5,655	887	-14,967	8,267	11,484	-3,105	2,993	-6,476	7,385	550	-397	751	-806	-333	755	-13,000	-19,800	21,800	-19,627	9,200	-23,900	20,500	-15,204	34,300	28,700	61,600	34,735	2,500	50,100	-25,200	32,300	15,400	6,600	20,100	-45,900	14,200	46,200	51,000	3,400	65,000	3,800	-2,000	142,100
Change In Working Capital	-4,632	3,146	-1,706	-11,704	2,142	-1,889	2,604	-6,844	-3,657	1,403	3,376	-5,407	-2,102	-260	379	-6,966	-1,247	-3,814	4,326	-6,066	1,811	-602	1,724	-6,675	-62	-512	-5,058	-9,154	-1,684	-490	1,996	-8,007	4,863	763	1,926	-5,683	2,381	-57	1,411	-3,896	3,259	959	1,557	-2,079	1,040	2,116	1,333	-1,486	1,221	104	1,400	-821	922	877	1,192	-222	679	687	1,458	-440	-606	171	-389	364	-828	780	4	462	909	-112	2,648	-2,744	13,008	-537	-7,670	1	746	-368	-9	-71	-4,636	1,881	-2,155	-176	-2,337	-239	594	-108	1,368	-2,837	888	-795	-10,749	-2,617	4,917	-4,386	4,504	-3,400	2,600	-2,400	800	-100	4,400	-4,800	-7,866	1,100	-24,600	4,400	300	-2,700	1,100	-24,600	0	0	0	-11,400	94,500	0	0	41,300	0	0	0	0	0
Change Receivables	0	0	-2,514	-2,079	-2,405	-1,577	-1,548	-1,643	-2,046	-1,499	-1,486	-1,745	-1,499	-1,547	-1,604	-1,511	-1,487	-1,459	-1,464	-1,444	-1,442	-1,426	-1,408	-1,406	-1,400	-1,395	-1,387	-1,185	-1,249	-1,347	-1,272	-1,279	-1,152	-1,255	-962	-570	69	-4	2	5	6	1	49	-24	138	6	219	172	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	-678	-4,012	-4,012	-4,012	-2,405	-1,577	-1,548	-1,643	-2,046	-1,499	-3,231	-1,745	-1,499	-4,662	-1,604	-1,511	-1,487	-1,459	-1,464	-1,444	-1,442	-1,426	-1,408	-1,406	-5,367	0	0	0	-5,147	0	0	0	-3,939	0	0	0	72	3	7	5	32	26	25	0	535	397	391	172	56	223	33	192	95	219	45	173	91	231	43	204	-246	179	-117	184	-91	396	6	238	487	0	0	0	3,331	0	0	0	603	0	0	0	0	0	0	0	0	0	0	0	-31	0	296	-265	0	0	0	-403	600	0	0	-1,200	0	0	0	-2,400	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	10,940	11,400	11,618	11,282	12,378	13,190	12,402	11,831	0	0	0	0	34,770	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	20,113	0	0	0	0	0	0	14,794	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Liabilities	0	0	-252	-1,112	2,114	-826	856	-655	573	-921	746	-869	916	-1,287	1,084	-1,480	987	-1,294	1,097	13	712	-1,637	991	-1,162	1,168	-435	284	-416	1,059	-430	1,194	-1,122	1,420	-1,020	1,102	-1,084	1,132	-1,026	1,100	-1,074	1,348	-1,220	1,011	-994	959	1,164	-223	23	0	339	183	0	0	506	0	0	0	0	0	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	247	162	0	0	0	31	0	0	0	531	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	-1,911	14,572	-12,012	4,891	5,578	-34,899	1,252	2,833	-1,379	-3,854	2,827	4,993	8,067	18,937	-42,659	11,137	-5,039	354	2,732	-7,268	-15,964	-45,916	-1,821	-679	-680	-4,048	-1,421	-2,873	-2,957	-2,479	-1,474	545	-1,724	-1,173	-1,191	303	648	562	423	1,879	-3,052	652	241	-239	-1,407	753	762	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	6,154	6,154	6,154	4,547	-304	4,152	-5,209	-1,611	2,902	4,862	-3,662	-603	1,287	1,983	-5,455	240	-2,355	5,790	-4,622	3,253	824	3,132	-5,269	-9,419	883	-3,671	-7,553	-3,038	1,287	2,074	-5,606	5,808	0	0	0	-233	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	189	9,499	9,376	9,210	9,294	9,385	9,379	9,438	9,449	9,462	9,508	9,877	9,839	9,766	9,797	9,669	9,817	9,932	9,860	9,607	9,396	9,447	9,268	9,444	9,424	9,519	9,308	9,359	9,309	9,155	8,907	8,561	8,310	7,365	6,977	6,779	6,594	6,335	6,302	6,298	6,237	6,202	6,131	6,136	5,692	5,925	5,369	5,167	5,141	4,974	4,987	4,521	4,162	4,073	4,014	3,860	3,733	3,694	3,694	3,701	-7,422	0	3,730	3,692	3,618	3,618	3,575	3,541	3,504	3,524	3,431	3,485	3,615	3,513	3,317	3,253	3,228	3,270	3,250	3,179	3,285	3,206	3,275	3,232	3,462	3,554	3,671	3,713	3,244	3,507	3,376	3,739	3,774	3,799	3,838	3,848	3,683	3,300	3,300	3,200	3,161	3,900	2,800	2,700	2,563	1,500	2,700	2,400	2,281	2,300	1,900	1,700	1,400	1,500	1,100	1,200	1,300	700	600	600	200	800	200	400	200
Dividends Paid	23,997	23,605	23,599	23,563	23,307	23,087	22,635	22,480	22,443	22,443	22,439	23,169	22,368	22,368	22,359	23,167	22,658	22,658	22,652	22,931	22,604	22,600	22,590	22,578	22,555	22,554	22,558	22,552	22,357	21,180	20,684	20,347	19,923	18,959	18,949	18,934	18,702	18,589	18,580	18,560	18,541	16,978	16,350	15,035	15,008	14,681	14,052	14,044	13,561	13,561	16,617	12,833	13,356	14,560	13,066	12,920	12,849	12,831	12,824	12,869	12,944	13,102	12,857	13,200	12,814	12,947	13,125	13,092	12,784	12,702	12,713	12,710	14,545	11,823	9,101	10,950	10,756	9,693	8,208	9,841	8,388	6,371	7,245	4,759	5,572	5,601	5,605	6,422	2,944	3,771	3,772	3,772	3,796	12,142	10,499	11,353	25,113	3,800	14,400	14,400	14,620	14,000	13,500	12,400	11,107	10,700	17,900	6,700	6,670	6,300	5,900	5,800	5,700	5,200	5,200	5,100	4,800	4,200	2,800	2,600	2,400	2,200	2,200	2,000	0
End Period Cash Flow	20,286	11,302	7,026	5,538	10,379	6,478	6,401	4,393	5,161	45,459	5,714	8,201	7,772	22,811	50,370	30,888	4,244	6,068	5,315	8,823	4,764	22,571	6,706	3,784	5,213	3,842	9,299	8,732	7,991	3,613	17,756	24,280	12,942	11,729	8,051	3,417	25,237	7,589	8,064	7,542	6,778	60,338	63,315	9,621	7,191	8,274	10,313	3,297	4,408	5,214	6,395	23,390	6,903	12,493	5,498	19,210	8,856	5,076	14,108	21,688	21,118	16,150	-1,509	25,868	42,631	49,160	63,562	30,973	29,887	45,954	51,362	54,824	3,569	3,941	13,962	12,819	4,315	44,897	2,793	3,748	17,919	11,476	3,233	8,888	8,001	22,968	14,701	3,217	6,322	3,329	9,805	2,420	1,870	2,267	1,516	2,322	2,655	-13,000	-19,800	23,300	-19,627	9,200	-23,900	25,500	-15,204	34,300	28,700	64,700	34,735	2,500	50,100	-23,800	32,300	15,400	6,600	34,400	-45,900	14,200	46,200	54,100	3,400	65,000	3,800	47,800	142,100
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	20,789	32,398	28,495	18,039	32,814	22,678	29,876	18,568	21,603	20,937	27,385	21,259	30,826	29,905	31,707	23,663	32,210	28,312	34,812	26,527	31,699	27,669	33,585	21,334	28,890	28,540	26,087	20,880	25,848	28,560	30,973	18,919	31,461	26,391	25,945	17,717	26,187	23,574	24,973	19,522	26,025	21,431	21,353	17,384	102,873	-41,870	17,651	-1,964	-15,776	2,616	18,514	-38,374	-40,831	14,920	-6,602	-2,586	959	14,608	14,562	13,227	17,525	13,484	15,432	10,089	6,780	13,332	15,060	11,718	11,793	5,774	6,405	12,918	16,161	-32,656	8,936	2,758	-3,352	12,849	9,913	5,370	7,705	9,459	6,542	7,338	10,564	11,622	10,885	8,410	11,695	10,426	11,910	8,132	8,756	9,243	10,670	11,386	-10,738	8,100	13,700	6,500	-38,135	4,300	-73,100	-21,300	-111,448	-33,400	28,700	-63,000	-106,436	5,600	-33,800	-26,300	-7,700	3,900	4,600	0	6,700	5,100	5,100	2,300	4,200	100	3,900	700	900
Investments	19,342	-6,853	-55,171	-161,238	-9,442	-63,205	-29,050	-34,405	-96,083	-1,994	33,842	-4,812	-1,778	-5,928	17,380	-691	-1,547	4,441	-8,660	-5,454	-896	-7,811	1,497	-10,212	-2,350	-1,861	-85	5,515	-9,546	-3,602	-10,973	-6,333	-67,479	49,535	-40,051	-29,754	4,833	-4,296	-1,056	-2,356	-125,853	-1,394	2,325	-397	8,885	744	8,549	-125	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	52,000	0	0	1,777	29,199	4,754	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	2,740	52,250	133,080	-26,046	58,800	-27,995	39,973	58,177	43,340	-41,000	10,000	-15,000	-25,160	-35	-4,000	9,480	7,994	-35	30,733	-26,000	18,389	-38,051	19,834	29,500	-5,000	44,938	-11,568	20,083	-17,518	-1,612	36,333	54,017	159,970	43,835	32,333	-22,870	7,384	965	15,187	90,866	-2	-117,535	1,400	79,992	52,598	-5,716	16,435	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	28,083	22,627	6,604	33,561	18,198	13,389	54,490	14,507	12,930	11,114	18,330	13,850	17,665	12,338	1,952	63,722	12,631	27,280	20,534	20,427	30,844	34,937	68,936	20,359	19,834	20,616	25,377	21,513	20,666	22,411	22,180	19,858	17,954	19,647	17,928	17,552	21,000	17,122	18,273	17,004	14,650	17,286	12,903	12,976	12,778	12,504	13,113	12,932	12,604	12,423	12,262	12,154	12,291	11,562	11,630	10,570	11,056	11,326	10,740	11,238	9,814	10,628	11,377	11,158	11,106	11,421	12,843	12,385	11,948	11,110	11,989	43,741	10,814	10,257	10,134	21,504	9,176	9,288	8,023	9,901	8,002	6,053	6,380	3,884	4,706	6,554	14,362	6,181	-1,409	6,067	-11,632	4,066	820	10,290	9,852	10,675	-5,573	12,000	12,900	12,500	12,293	6,700	20,100	11,500	9,963	9,100	9,100	7,600	5,837	5,600	5,600	5,500	5,100	5,000	5,200	4,700	4,400	4,600	3,900	2,400	1,900	1,900	1,900	1,100	100
Other Cashflows From Financing Activities	1,217	49,096	61,763	160,736	637	94,933	124,807	45,617	208,485	75,405	-275	13,430	-92	-147	-140	-3,691	135,333	36,528	-82	34,786	19,635	2,750	27,914	23,059	51,952	16,123	44,721	-1,959	40,068	-59	-970	-1,316	122,078	284,962	45,405	36,171	-2,182	37,384	1,004	20,220	-363	-7,002	-35	-30	100,983	115,768	5,868	14,339	29,595	-151	-20,565	-49	-12,891	49,329	20,452	-1	11,900	673	-76	-77	-188	-439	-14,520	13,680	-400	-328	-354	985	-11,475	-7,393	-303	-45	-10,666	-2,891	351	130	-240,459	-98,344	-13,655	139,382	-5,534	59,177	-11,564	784	-3,328	26,013	53	219	16,423	-20,287	15,612	-4,095	-2,749	-5,077	3,675	16,531	24,467	200	400	-800	37,633	92,900	124,100	36,600	-2,462	26,900	46,600	-400	41,405	8,800	56,000	200	38,000	20,600	11,800	29,300	-41,100	18,500	49,000	-6,100	5,800	67,200	6,000	-37,700	71,700
Other Cashflows From Investing Activities	0	-145,442	-37,822	31,616	-10	269	20,544	-33,504	-1	-4,642	-155	1,765	-169	1,814	236	58,324	-14,139	-14,385	-16,106	225	10,409	17,954	64,386	2,352	1,307	0	14,106	-439	-431	8,004	5,589	1,451	51,696	-49,710	-1,254	0	25,886	0	7,707	0	0	11,000	1	0	23	0	18,802	-17,554	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	103	102	0	0	31,625	0	0	0	0	685	72	1,152	1,372	1,565	1,587	2,974	2,937	2,799	795	1,741	0	2,013	1,982	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	2,838	238	958	-15,116	1,167	1,429	-38,609	-458	390	-7	216	448	123	5,575	17,472	-495	-594	-769	-1,211	1,027	-3,350	-2,780	825	-2,831	-2,354	-1,039	-1,408	-1,800	-4,324	-1,751	-1,680	-1,877	-2,040	-1,858	-1,511	-1,653	-561	-268	-232	-270	-800	-962	-779	-649	-287	-517	-369	-322	-503	-684	-482	-384	-3,326	239	1,158	-662	562	391	469	204	-10,536	2,379	568	-1,446	51	-776	-65	-3,110	-1,379	-262	-4,129	-31,088	-11,102	588	8,301	-5,443	-450	485	1,806	-517	2,867	-1,692	2,328	484	4,890	1,927	-7,304	-723	8,954	3,832	20,216	1,268	16,334	59	-6,396	1,249	15,371	1,100	-2,400	100	331	3,300	-7,600	2,400	6,470	-1,700	27,200	-2,300	3,171	-2,300	2,500	-300	900	-2,600	2,600	-1,900	1,000	-200	600	-700	2,100	-2,600	1,800	-800	600
Sale Purchase Of Stock	0	1,777	-406	1,371	29,882	4,727	33,205	-95	-92	-83	-91	-88	18,012	-128	-97	-18,012	853	57	-41	-90	-65	42,500	1,081	123	3,488	123	79	103,500	78,592	46,000	74,659	40,500	0	0	79	0	9,794	0	39	238	337,260	-41	171,406	2,523	0	1,180	746	-2,764	0	69,000	0	49,000	59,065	-59,065	0	17,000	2,000	0	-16	-2,000	28,552	0	0	-28,552	-1,449	-17,319	0	0	0	0	-1,476	0	20,000	-338	-597	-2,361	252,610	134,854	3,384	-252,610	18	0	-1,368	-2,093	-2,332	0	0	-2,408	-42,054	-5,407	-4,974	-11,849	-1	0	1	-7,969	-32,531	-100	-300	-4,100	50,560	0	0	0	240,432	0	0	73,800	0	0	0	0	0	0	0	-4,100	0	0	0	0	0	0	0	0	0
Stock Based Compensation	2,132	2,123	2,138	2,088	2,013	2,014	2,012	1,925	1,975	1,975	1,958	1,852	1,781	1,692	1,762	1,777	1,628	1,626	1,623	1,689	1,486	1,487	1,521	1,376	1,282	1,283	1,425	1,259	1,131	1,130	1,029	990	913	1,012	1,099	982	927	877	783	666	541	542	523	985	464	445	458	452	372	374	363	358	303	261	355	366	364	360	351	314	306	306	0	311	0	0	0	344	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	-35,780	-21,269	28,164	109,350	-19,471	40,440	-17,525	16,137	35,642	20,802	-63,714	-16,739	-37,460	-47,675	-22,499	-48,870	-12,325	-14,630	-22,734	5,688	-48,669	-345	-59,676	-3,685	10,397	-27,431	22,163	-21,200	-2,289	-31,032	33,253	29,307	33,155	141,003	24,956	13,070	-16,346	-11,205	-17,576	-3,142	72,096	-24,021	37,521	-8,247	64,975	39,087	-19,184	-270	14,034	-5,348	-37,344	52,717	24,803	-7,642	-8,255	11,194	1,284	-25,801	-23,411	-15,608	-13,132	-13,541	-27,377	-28,803	-14,663	-30,594	-13,479	-13,708	-24,485	-20,095	-14,492	-30,755	-8,084	18,048	-9,821	-14,026	-38,401	22,438	-21,330	-29,989	-21,109	-5,289	-13,523	-7,086	-27,183	-6,140	-10,661	-16,560	-14,016	-42,904	-9,687	-19,565	-28,865	-40,810	-15,323	-6,791	-477	-13,000	-19,800	21,800	-19,627	9,200	-23,900	20,500	-15,204	34,300	28,700	61,600	34,735	2,500	50,100	-25,200	32,300	15,400	6,600	20,100	-45,900	14,200	46,200	51,000	3,400	65,000	3,800	-2,000	142,100
Total Cash From Operating Activities	25,422	32,398	28,495	18,039	32,814	24,328	29,876	18,568	21,603	20,937	27,385	21,259	30,472	29,982	31,793	23,854	32,377	28,420	34,885	26,787	32,097	27,967	33,878	21,593	29,171	28,796	26,288	21,050	26,063	28,811	31,229	19,605	31,807	26,575	26,095	17,864	26,477	24,048	25,408	19,829	26,025	21,431	21,353	17,384	19,279	20,581	19,992	16,838	18,948	17,366	18,703	15,818	17,395	16,274	16,683	14,973	15,398	15,422	15,655	13,865	13,846	13,484	15,286	13,768	13,947	15,043	16,357	13,278	14,982	14,260	13,939	13,394	16,335	13,821	14,082	19,315	12,700	12,675	13,070	12,492	9,518	9,448	9,828	7,424	10,721	11,796	11,323	9,063	12,157	10,569	12,848	8,278	10,179	11,531	12,211	11,386	17,985	13,000	16,400	13,400	16,585	13,800	19,700	11,800	11,130	10,000	14,400	7,700	11,289	5,600	10,000	6,900	7,400	3,900	8,900	4,000	6,700	5,100	5,100	2,300	4,200	100	3,900	700	900
Total Cashflows From Investing Activities	0	-194,254	-55,171	-132,230	-9,442	-64,691	-10,343	-35,473	-97,543	-1,994	33,842	-4,091	-8,051	-9,866	10,188	51,660	-21,876	-13,037	-15,659	-28,416	-1,235	-11,757	28,720	-19,337	-38,197	-6,822	-47,884	891	-19,396	-11,922	-71,006	-37,574	-63,749	-163,900	-46,417	-52,754	7,517	-13,318	-7,310	-15,923	-151,681	-387	-5,180	-6,707	-85,337	-61,707	6,208	-17,679	-97,389	-63,601	-50,402	0	0	0	0	0	0	3,836	2,489	2,313	4,956	702	0	0	26,563	32,376	31,227	1,516	59,570	66,134	65,707	68,616	0	0	97	3,215	2,741	17,622	10,631	3,326	20,707	2,673	0	549	19,320	17,825	15,214	4,392	46,772	41,920	16,061	11,837	45,697	27,408	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31
Cost Of Revenue	51,458	15,486	15,392	15,065	16,755	30,196	29,949	26,442	17,497	13,128	11,364	9,932	9,158	8,155	7,519	6,840	7,229	6,696	6,407	5,297	6,561	6,827	9,247	21,253	0	0	0	0	0	0	0	0
Depreciation And Amortization	38,189	36,857	38,296	28,609	39,216	37,555	37,610	35,932	29,431	25,529	24,706	22,153	19,623	16,109	14,822	14,960	14,352	13,944	13,698	12,927	12,998	14,400	13,866	15,259	13,483	12,561	9,163	8,181	5,200	3,200	1,600	400
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	2,410	16	-230	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	115,451	99,080	80,570	95,630	113,102	114,674	115,411	108,920	92,856	81,568	66,769	61,851	56,893	48,174	46,778	43,192	52,996	51,822	47,348	48,885	40,089	41,080	-4,468	22,647	29,219	66,602	57,788	43,141	41,600	33,300	18,400	4,700
Ebitda	153,640	135,937	118,866	124,239	152,318	152,229	153,021	144,852	122,287	107,097	91,475	84,004	76,516	64,283	61,600	58,152	67,348	65,766	61,046	61,812	53,087	55,480	9,398	37,906	42,702	79,163	66,951	51,322	46,800	36,500	20,000	5,100
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	2,410	16	0	532	0	92	59	33,303	1,586	813	2,467	13,664	0	0	0	0	0	0	0	0	0	0
Gross Profit	146,585	159,667	139,930	144,272	168,549	138,449	138,116	135,141	118,706	105,833	93,610	84,101	76,002	66,147	62,375	62,517	67,561	66,467	66,585	61,620	56,886	62,376	60,865	87,130	87,662	89,391	73,434	54,930	35,500	27,600	15,800	4,100
Income Before Tax	91,462	100,584	56,224	95,677	80,872	155,076	87,340	85,115	73,081	73,399	55,405	51,311	49,252	45,862	44,360	92	59	33,303	1,586	813	2,467	13,664	-2,908	32,619	31,827	72,860	59,558	0	0	0	0	0
Income Tax Expense	2,314	-364	29,155	29,763	33,316	33,060	32,212	27,580	19,316	13,128	-2,410	9,953	7,248	2,653	2,418	-42,578	-42,396	-26,449	856	12,223	17,740	4,802	0	-8,990	-1,304	19,138	22,910	20,604	21,600	18,000	11,600	3,900
Interest Expense	47,014	31,437	27,375	29,705	30,582	30,196	29,949	26,442	17,497	13,128	11,364	9,932	6,434	2,653	2,418	4,114	4,957	7,028	8,310	11,866	20,877	21,633	21,910	0	0	0	0	0	0	0	0	0
Interest Income	0	1,504	1,417	326	2,388	2,864	2,263	1,138	1,819	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	-1,727	-560	363	384	8,483	95	3,488	3,488	3,488	3,488	0	37	191	191	296	307	343	343	349	896	1,300	1,308	973	982	0	0	0	0	0	0	0	0
Net Income	89,735	100,024	27,069	65,914	47,556	154,981	87,340	85,115	73,081	73,399	57,815	51,290	49,252	45,862	44,064	42,977	47,755	78,788	52,709	36,388	24,319	31,803	-2,908	31,637	31,827	50,593	35,763	22,537	20,000	15,300	6,800	800
Net Income Applicable To Common Shares	0	99,444	55,403	94,871	80,135	154,356	86,978	84,730	70,143	69,645	54,159	47,640	39,832	29,285	29,549	27,495	30,773	28,328	33,780	18,219	4,015	3,097	0	16,550	0	0	0	0	0	0	0	0
Net Income From Continuing Ops	91,462	100,584	54,807	95,630	80,872	155,076	87,340	85,115	71,262	73,399	55,405	51,311	49,673	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	-47,014	-31,437	-27,375	-29,705	-30,582	-30,196	-29,949	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	0	0	2,864	6,077	4,720	586	4,959	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	5,778	5,454	4,273	0	171	1,730	1,402	3,483	32	2,180	608	380	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	115,451	99,080	80,570	95,630	113,102	152,212	81,263	80,395	70,676	68,440	66,769	61,851	56,500	48,174	44,360	43,192	52,996	52,339	53,565	48,337	42,059	41,080	-4,468	22,647	30,523	69,731	58,673	43,141	41,600	33,300	18,400	4,700
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	82,592	78,216	76,169	73,843	74,590	56,835	54,917	53,801	45,166	37,393	38,205	32,182	28,660	26,128	23,116	26,165	21,794	20,824	19,427	18,306	21,388	28,123	74,580	64,483	57,139	19,660	14,761	11,789	6,100	5,700	2,600	600
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	2,454	3,273	3,273	3,273	9,078	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	37,416	37,496	38,296	39,071	39,216	37,555	37,610	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling General Administrative	24,286	23,706	21,460	19,710	18,453	19,193	17,513	17,412	15,116	11,832	11,636	10,029	9,158	8,155	7,519	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax Provision	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	31,134	62,730	60,777	58,778	57,835	56,835	54,917	53,801	45,166	37,393	38,205	32,182	28,660	26,128	23,116	26,165	21,794	20,824	19,427	18,306	21,388	28,123	74,580	64,483	57,139	19,660	14,761	11,789	-6,100	-5,700	-2,600	-600
Total Other Income Expense Net	-23,989	1,504	-24,346	47	-32,230	73,462	4,141	3,775	-459	4,959	-11,364	-608	-393	341	-296	-42,793	-47,637	517	6,217	-274	1,970	-4,475	1,560	0	1,304	3,129	885	0	0	0	0	0
Total Revenue	198,043	175,153	155,322	159,337	185,304	168,645	168,065	161,583	136,203	118,961	104,974	94,033	85,160	74,302	69,894	69,357	74,790	73,163	72,992	66,917	63,447	69,203	70,112	87,130	87,662	89,391	73,434	54,930	35,500	27,600	15,800	4,100

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-09-30
Cost Of Revenue	3,707	3,271	3,187	3,293	3,306	4,179	4,019	3,982	3,679	3,932	3,800	3,981	3,380	3,351	4,111	4,223	4,189	4,270	3,910	4,386	7,215	7,497	7,655	7,829	7,683	7,644	7,151	7,471	6,856	6,836	6,750	6,000	5,581	4,296	3,854	3,766	3,683	3,170	3,088	3,187	2,852	2,581	2,798	3,133	8,694	2,180	2,433	2,452	-53,705	2,149	2,327	2,449	-28,549	1,914	1,930	1,973	5,963	1,766	1,918	1,878	5,816	1,613	1,509	1,811	-49,539	1,793	1,938	1,589	-48,406	2,250	1,386	1,329	-51,638	1,235	1,203	1,915	-45,523	1,453	1,482	1,257	-41,624	4,677	1,237	2,201	-45,618	1,652	1,872	1,760	-44,169	1,770	5,187	1,628	5,366	5,104	5,708	5,075	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation And Amortization	189	9,499	9,376	5,373	9,294	9,385	9,379	9,438	9,449	9,462	9,508	9,877	9,839	9,766	9,797	9,669	9,817	9,932	9,860	9,607	9,396	9,447	9,268	9,444	9,424	9,519	9,308	9,359	9,309	9,155	8,907	8,561	8,310	7,365	6,977	6,779	6,594	6,335	6,302	6,298	6,237	6,202	6,124	6,136	5,692	5,925	5,369	5,167	5,141	4,974	4,987	4,521	4,162	4,073	4,014	3,860	3,733	3,694	3,694	3,701	3,793	3,745	3,730	3,692	3,618	3,618	3,575	3,541	3,504	3,524	3,431	3,485	3,615	3,513	3,317	3,253	3,228	3,270	3,250	3,179	2,025	3,206	4,535	3,232	3,462	-1,328	8,553	3,713	-19,622	26,373	-1,124	8,239	3,774	3,799	3,838	3,848	3,683	3,300	3,300	3,200	3,161	3,900	2,800	2,700	2,563	1,500	2,700	2,400	2,281	2,300	1,900	1,700	1,400	1,500	1,100	1,200	1,300	700	600	600	200	800	200	400	200
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	540	2,857	-987	0	61	0	-30	-15	0	-30	-74	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	36,557	30,760	29,781	33,185	29,243	23,632	23,986	21,580	19,955	19,068	19,860	21,687	27,847	20,300	9,373	27,648	28,318	28,946	27,944	27,894	30,140	28,090	28,252	28,192	28,757	28,294	29,354	29,006	28,371	27,469	27,132	25,858	25,249	24,482	21,782	21,318	20,864	20,292	20,221	20,191	17,502	17,010	16,688	16,109	15,519	15,902	15,429	15,062	14,965	14,367	13,949	13,294	12,941	12,313	12,049	10,971	11,428	11,666	11,554	12,130	14,005	10,704	11,454	12,319	12,521	12,741	14,164	13,570	12,617	12,300	13,855	13,315	22,552	13,398	12,413	11,413	11,928	12,422	11,894	12,510	6,593	11,426	11,004	9,397	11,492	15,342	-12,022	11,823	24,592	6,904	-6,832	2,122	-4,357	6,477	16,774	17,196	-51,177	28,000	27,400	26,700	-13,698	28,600	35,200	25,500	-5,112	22,200	21,600	19,600	-4,459	17,500	15,400	14,600	11,900	11,000	10,000	8,800	12,200	8,400	7,500	6,000	5,800	4,400	4,500	3,700	1,400
Ebitda	36,746	40,259	39,157	38,558	38,537	33,017	33,365	31,018	29,404	28,530	29,368	31,564	37,686	30,066	19,170	37,317	38,135	38,878	37,804	37,501	39,536	37,537	37,520	37,636	38,181	37,813	38,662	38,365	37,680	36,624	36,039	34,419	33,559	31,847	28,759	28,097	27,458	26,627	26,523	26,489	23,739	23,212	22,812	22,245	21,211	21,827	20,798	20,229	20,106	19,341	18,936	17,815	17,103	16,386	16,063	14,831	15,161	15,360	15,248	15,831	17,798	14,449	15,184	16,011	16,139	16,359	17,739	17,111	16,121	15,824	17,286	16,800	26,167	16,911	15,730	14,666	15,156	15,692	15,144	15,689	8,618	14,632	15,539	12,629	14,954	14,014	-3,469	15,536	4,970	33,277	-7,956	10,361	-583	10,276	20,612	21,044	-47,494	31,300	30,700	29,900	-10,537	32,500	38,000	28,200	-2,549	23,700	24,300	22,000	-2,178	19,800	17,300	16,300	13,300	12,500	11,100	10,000	13,500	9,100	8,100	6,600	6,000	5,200	4,700	4,100	1,600
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,410	0	0	0	16	0	0	0	0	0	0	0	532	0	0	0	0	0	0	0	92	0	0	0	59	0	0	0	33,303	0	0	0	1,586	0	0	0	813	0	0	0	2,467	0	0	0	13,664	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	46,677	46,032	45,059	46,207	44,533	39,324	39,005	36,805	35,762	33,540	34,329	36,299	42,893	34,822	24,370	42,187	42,274	42,849	42,356	31,470	36,372	34,279	33,817	33,981	34,046	33,602	35,317	35,151	35,285	34,006	33,246	32,604	31,812	30,647	28,533	27,714	27,072	26,371	26,139	26,251	25,741	23,244	22,883	22,530	24,512	21,609	20,657	20,188	76,003	19,280	18,853	17,805	48,528	16,603	16,257	15,892	17,465	15,562	15,467	15,838	16,660	15,386	16,342	16,036	67,561	16,453	17,855	17,140	66,781	15,881	17,406	16,850	66,612	16,943	15,793	20,956	61,849	15,690	15,235	15,703	56,950	16,191	14,667	13,889	62,376	16,080	15,368	15,713	60,865	15,287	18,081	16,650	20,371	21,536	22,717	22,506	19,762	22,800	23,000	22,200	19,091	18,500	30,600	21,400	19,734	19,200	18,100	16,400	15,230	14,300	12,900	12,300	10,200	9,300	8,500	7,500	7,900	7,800	6,400	5,500	4,300	4,000	4,100	3,400	1,100
Income Before Tax	38,001	22,627	6,604	33,561	18,198	13,389	54,490	14,507	12,930	11,114	18,330	13,850	17,665	12,338	1,952	63,722	12,631	27,280	20,534	20,427	30,844	34,937	68,936	20,359	19,834	20,616	25,377	21,513	20,666	22,411	22,180	19,858	17,954	19,647	17,928	17,552	21,000	17,122	18,273	17,004	14,650	14,429	13,890	12,976	51,290	12,375	13,103	12,921	49,252	12,375	12,214	12,106	45,862	11,514	11,582	10,522	-33,075	11,250	10,664	11,238	-33,163	10,628	11,377	92	59	11,421	12,843	149	33,303	678	11,989	32,383	1,586	-854	30	21,504	813	-36	-255	987	2,467	6,053	703	3,884	13,664	673	14,362	6,181	-2,908	6,067	-11,732	4,066	1,096	10,290	10,087	10,910	0	0	0	0	-14,040	19,000	0	0	-3,742	22,800	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Income Tax Expense	9,918	13,479	12,118	-14,395	11,884	10,342	-269	7,168	6,933	7,078	7,327	7,349	-292	7,538	7,008	8,030	-257	8,675	7,926	8,633	-17	8,260	8,381	8,460	8,311	8,259	7,726	7,916	7,155	7,125	7,028	6,272	5,857	4,970	4,607	3,882	3,683	3,170	3,088	0	1,870	-2,857	987	0	38,519	3,202	2,185	2,100	36,695	1,932	1,700	1,104	33,618	852	0	0	2,714	340	814	77	5,505	0	0	-9,813	36,649	0	0	-10,902	66,840	-8,564	0	-9,401	41,895	-8,824	-7,795	-3,874	27,212	-6,226	-4,662	-5,318	16,317	0	-350	0	27,097	9,607	-13,192	5,498	-1,499	279	4,600	0	-5,177	-2,542	6,922	6,521	-45,604	16,100	14,500	14,200	-26,162	17,000	15,100	14,000	-14,390	13,100	12,500	12,000	-10,296	11,900	9,800	9,100	6,800	6,000	4,800	4,100	7,800	3,800	3,700	3,600	3,900	2,500	2,600	2,600	1,300
Interest Expense	12,419	12,674	11,312	10,609	8,830	7,941	7,523	7,143	6,933	6,610	6,860	6,972	7,088	7,361	7,546	7,710	7,578	7,827	7,710	7,467	7,215	7,497	7,655	7,829	7,683	7,644	7,151	7,471	6,856	6,836	6,750	6,000	5,581	4,296	3,854	3,766	3,683	3,170	3,088	3,187	2,852	2,581	2,798	3,133	2,907	2,988	2,004	2,033	1,993	1,794	1,543	1,104	981	852	419	401	372	340	814	892	953	900	1,085	1,176	4,957	1,234	1,235	1,248	7,028	1,783	1,780	1,871	8,310	2,202	2,223	2,257	11,866	2,845	3,357	3,313	20,877	4,662	5,001	5,192	21,633	5,417	5,310	5,426	21,910	5,180	5,461	6,054	6,806	7,177	6,922	6,521	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Income	0	375	376	376	377	376	376	375	376	376	376	289	7	56	620	231	415	760	128	1,085	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	-440	-430	-430	427	-259	99	107	95	92	-92	8,404	88	92	121	82	89	8,483	88	88	81	78	17	4,569	3,488	-20,928	38,368	-17,440	3,488	3,488	0	0	0	3,488	0	0	0	3,488	0	0	0	0	0	0	0	7	9	10	11	47	48	48	48	47	48	48	48	67	76	76	77	77	76	77	77	85	86	86	86	86	85	86	86	92	85	86	86	101	253	259	283	332	321	326	321	330	322	335	321	249	254	235	235	276	236	235	235	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	28,230	22,197	6,174	47,956	6,314	3,047	54,383	7,339	12,838	11,022	18,239	13,762	17,573	12,217	1,870	63,633	12,542	27,192	20,446	20,346	30,766	34,920	68,936	20,359	19,834	20,616	25,377	21,513	20,666	22,411	22,180	19,858	17,954	19,647	17,928	17,552	21,000	17,122	18,273	17,004	14,650	17,286	12,903	12,976	12,771	12,495	13,103	12,921	12,557	12,375	12,214	12,106	12,244	11,514	11,582	10,522	10,989	11,250	10,664	11,161	9,814	10,628	11,377	11,158	11,106	11,421	12,843	12,385	11,948	11,110	11,989	43,741	10,814	10,257	10,134	21,504	9,176	9,288	8,023	9,901	8,002	6,053	6,380	3,884	4,706	6,554	14,362	6,181	-1,409	6,067	-11,632	4,066	820	10,290	9,852	10,675	-5,573	11,900	12,900	12,500	12,293	6,800	20,100	11,500	9,963	9,400	9,100	7,600	5,837	5,600	5,600	5,500	5,100	5,000	5,200	4,700	4,400	4,600	3,800	2,400	1,900	1,900	1,900	1,100	100
Net Income Applicable To Common Shares	0	22,050	6,028	32,929	17,945	13,159	54,065	14,275	12,726	10,909	18,126	13,642	17,614	12,114	1,773	63,370	12,449	27,080	20,352	20,254	30,645	34,782	68,658	20,271	19,753	20,536	25,273	21,416	20,577	22,321	22,075	19,757	17,840	18,829	17,110	16,611	20,043	16,181	17,338	16,083	13,732	16,373	11,994	12,133	11,854	11,583	12,194	12,009	11,763	11,472	11,311	5,601	9,402	5,600	7,840	6,782	7,148	7,409	6,765	8,002	5,973	6,784	7,530	8,197	6,933	7,208	8,622	8,010	7,707	6,132	7,561	6,928	6,259	5,897	4,761	16,377	3,942	2,826	4,676	3,900	1,709	2,306	2,086	177	356	2,344	-2,439	2,439	-3,345	3,345	-294	294	10,032	6,518	6,081	6,903	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income From Continuing Ops	28,670	22,627	6,604	33,185	18,198	13,013	54,114	14,132	12,554	11,114	18,330	13,561	17,427	11,909	2,572	63,722	12,631	27,280	20,534	20,427	30,844	34,937	68,936	20,359	19,834	20,616	25,377	21,513	20,666	22,411	22,180	19,858	17,678	18,973	17,175	17,436	21,000	17,122	18,273	17,004	14,110	14,429	13,890	12,976	12,717	12,504	13,143	12,947	0	12,453	12,336	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	-12,419	-12,674	-11,312	-10,609	-8,830	-7,941	-7,523	-7,143	-6,933	-6,610	-6,860	-6,972	-7,088	-7,361	-7,546	-7,710	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	231	0	760	128	1,085	-61,937	15,099	49,071	631	-612	615	5,629	445	299	2,069	2,080	272	586	0	0	0	3,819	0	1,140	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	12,354	2,282	2,310	2,710	372	386	1,124	4,114	133	83	3,136	1,002	64	71	0	61	284	83	76	115	-32	12	1,813	-62	-5	-16	1,235	45	122	202	2,484	570	429	0	32	0	0	0	2,180	0	0	0	221	205	141	41	0	59	31	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	36,557	22,252	6,228	33,185	29,243	23,632	23,986	21,580	12,554	10,738	17,954	13,561	17,658	11,909	2,572	63,491	15,605	26,520	20,406	19,342	30,083	19,838	19,865	19,728	20,446	20,001	19,748	21,068	20,367	20,342	20,100	19,586	17,092	18,973	17,175	17,436	17,181	17,122	17,133	20,191	17,502	17,010	16,688	16,109	15,906	15,697	15,288	15,021	14,797	14,307	13,914	13,294	12,941	12,313	12,049	10,971	11,428	11,666	11,554	12,130	9,891	10,704	11,454	12,319	12,521	12,741	14,164	13,570	13,134	12,300	13,855	13,315	10,118	13,398	12,413	17,630	11,654	12,422	11,894	12,510	10,224	11,426	11,004	9,397	11,492	11,298	1,170	6,253	-1,404	6,346	-11,532	2,122	-6,899	9,019	16,774	17,196	-51,177	28,000	27,400	26,700	-13,869	23,800	35,200	25,500	-4,427	22,500	21,600	19,600	-4,459	17,500	15,400	14,600	11,900	11,000	10,000	8,800	12,200	8,400	7,500	6,000	5,800	4,400	4,500	3,700	1,400
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	13,827	18,918	18,841	20,528	18,973	20,247	19,414	19,582	19,862	18,780	18,645	18,882	18,433	17,929	18,488	18,993	18,560	18,933	18,450	9,047	14,208	14,432	13,946	14,249	13,600	13,567	13,689	14,061	14,069	13,662	13,142	13,018	12,420	11,135	11,358	10,278	9,891	9,249	9,006	9,247	11,091	8,815	8,993	9,554	8,606	8,092	7,802	7,619	7,501	7,122	7,266	6,960	7,038	6,204	6,138	6,894	6,037	5,662	5,831	5,586	2,655	6,295	6,397	5,528	5,501	5,505	5,629	5,159	5,241	5,831	4,937	4,864	1,361	4,780	4,583	5,241	4,398	4,721	4,823	4,450	6,362	4,765	4,900	6,693	5,266	6,434	16,070	5,794	18,100	10,711	29,613	16,156	25,999	13,788	5,943	5,310	70,939	5,200	4,400	4,500	32,960	5,300	4,600	4,100	24,161	3,300	3,500	3,200	19,689	3,200	2,500	2,300	1,700	1,700	1,500	1,300	4,300	600	1,100	500	1,500	400	400	300	300
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	818	818	818	819	818	818	818	819	818	818	818	819	818	818	818	0	818	818	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	9,331	9,499	9,376	9,210	9,294	9,385	9,379	9,438	9,449	9,462	9,508	9,877	9,839	9,766	9,797	9,669	9,817	9,932	9,860	9,607	9,396	9,447	9,268	9,444	9,424	9,519	9,308	9,359	9,309	9,155	8,907	8,561	8,310	7,365	6,977	6,779	6,594	6,335	6,302	6,298	6,237	6,202	6,131	6,136	5,692	5,925	5,369	5,167	5,141	4,974	4,987	4,521	4,162	4,073	4,014	3,860	3,733	3,694	3,694	3,701	0	0	3,730	3,692	3,618	3,618	3,575	3,541	3,504	3,524	3,431	3,485	3,615	3,513	3,317	3,253	3,228	3,270	3,250	3,179	3,285	3,206	3,275	3,232	3,462	3,554	3,671	3,713	3,244	3,507	3,376	3,739	3,774	3,799	3,838	3,848	3,683	3,300	3,300	3,200	3,161	3,900	2,800	2,700	2,563	1,500	2,700	2,400	2,281	2,300	1,900	1,700	1,400	1,500	1,100	1,200	1,300	700	600	600	200	800	200	400	200
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling General Administrative	5,942	5,959	6,091	6,294	6,299	5,888	5,711	5,808	5,772	5,318	5,337	5,033	5,216	4,814	4,580	5,100	4,541	4,745	4,596	4,571	4,801	4,879	4,716	4,797	4,243	4,144	4,386	4,740	4,548	4,464	4,117	4,457	3,954	3,739	3,952	3,499	3,265	2,914	2,704	2,949	2,674	2,676	2,869	3,418	2,914	2,167	2,433	2,452	2,358	2,149	2,327	2,449	2,338	1,914	1,930	1,973	2,102	1,766	1,918	1,885	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	600	0	1,100	0	200	200	200	0
Tax Provision	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	10,120	15,647	15,654	17,235	15,667	16,068	15,395	15,600	16,183	14,848	14,845	14,901	15,053	14,578	14,377	14,770	14,371	14,663	14,540	4,661	14,208	14,432	13,946	14,249	13,600	13,567	13,689	14,061	14,069	13,662	13,142	13,018	12,420	11,135	11,358	10,278	9,891	9,249	9,006	9,247	11,091	8,815	8,993	9,554	8,606	8,092	7,802	7,619	7,501	7,122	7,266	6,960	7,038	6,204	6,138	6,894	6,037	5,662	5,831	5,586	2,655	6,295	6,397	5,528	5,501	5,505	5,629	5,159	5,241	5,831	4,937	4,864	-1,361	4,780	4,583	5,241	4,398	4,721	4,823	4,450	6,362	4,765	4,900	6,693	5,266	6,434	16,070	5,794	18,100	10,711	29,613	16,156	25,999	13,788	5,943	5,310	70,939	-5,200	-4,400	-4,500	32,960	-5,300	-4,600	-4,100	24,161	-3,300	-3,500	-3,200	19,689	-3,200	-2,500	-2,300	-1,700	-1,700	-1,500	-1,300	-4,300	-600	-1,100	-500	-1,500	-400	-400	-300	-300
Total Other Income Expense Net	1,444	4,916	-11,489	376	-11,045	-10,243	30,504	-7,073	284	-968	5,706	-576	-3,087	-545	-495	44,015	-7,694	6,921	428	1,085	8,680	15,090	49,065	627	-612	581	3,749	423	-550	2,067	2,076	272	-1,438	135	753	116	3,819	0	1,140	-3,187	-2,852	-2,581	-2,798	-3,133	-221	-205	-141	-41	-168	-60	-35	-84	35,674	53	-467	-449	2,275	-76	-76	-892	1,314	-76	-77	-10,974	-7,162	-1,320	-1,321	-12,087	72,256	-9,754	-1,866	21,025	-6,217	-11,965	-10,074	6,217	2,064	-9,360	-8,533	-7,927	3,230	-5,373	-4,974	-5,513	14,246	819	13,192	-144	-1,504	-558	-200	1,944	0	1,271	0	0	0	0	0	-171	-171	-4,800	0	0	685	300	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Revenue	50,384	49,303	48,246	49,500	47,839	43,503	43,024	40,787	39,441	37,472	38,129	40,280	46,273	38,173	28,481	46,410	46,463	47,119	46,266	35,856	43,587	41,776	41,472	41,810	41,729	41,246	42,468	42,622	42,141	40,842	39,996	38,604	37,393	34,943	32,387	31,480	30,755	29,541	29,227	29,438	28,593	25,825	25,681	25,663	24,512	23,789	23,090	22,640	22,298	21,429	21,180	20,254	19,979	18,517	18,187	17,865	17,465	17,328	17,385	17,716	16,660	16,999	17,851	17,847	18,022	18,246	19,793	18,729	18,375	18,131	18,792	18,179	14,974	18,178	16,996	22,871	16,326	17,143	16,717	16,960	15,326	16,191	15,904	16,090	16,758	17,732	17,240	17,473	16,696	17,057	18,081	18,278	20,371	21,536	22,717	22,506	19,762	22,800	23,000	22,200	19,091	18,500	30,600	21,400	19,734	19,200	18,100	16,400	15,230	14,300	12,900	12,300	10,200	9,300	8,500	7,500	7,900	7,800	6,400	5,500	4,300	4,000	4,100	3,400	1,100

Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue	198,043
Cost of Revenue	-51,458
Gross Profit	146,585	146,585

Operating Income (+$)
Gross Profit	146,585
Operating Expense	-31,134
Operating Income	115,451	115,451

Operating Expense (+$)
Research Development	0
Selling General Administrative	24,286
Selling And Marketing Expenses	0
Operating Expense	31,134	24,286

Net Interest Income (+$)
Interest Income	0
Interest Expense	-47,014
Other Finance Cost	-0
Net Interest Income	-47,014

Pretax Income (+$)
Operating Income	115,451
Net Interest Income	-47,014
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	91,462	139,440 EBIT - interestExpense = 68,437 92,049 136,749
Interest Expense	47,014
Earnings Before Interest and Taxes (EBIT)	115,451	138,476
Earnings Before Interest and Taxes (EBITDA)	153,640

After tax Income (+$)
Income Before Tax	91,462
Tax Provision	-0
Net Income From Continuing Ops	91,462	91,462
Net Income	89,735
Net Income Applicable To Common Shares	0

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	82,592
Total Other Income/Expenses Net	-23,989	47,014

Technical Analysis of LTC Properties Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of LTC Properties Inc. The general trend of LTC Properties Inc is BULLISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine LTC Properties Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitions	Bullish trend (28.6%)		Bearish trend (-28.6%)
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of LTC Properties Inc.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 32.73 < 33.06 < 33.18.

The bearish price targets are: 31.28 > 31.14 > 29.94.

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LTC Properties Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of LTC Properties Inc. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

MA 20 trending down: The MA 20 is trending down. -1
Close < MA 20: The price is below the MA 20. -1
MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
MA 50 trending up: The MA 50 is trending up. +1
Close < MA 50: The price is below the MA 50. -1
MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
MA 100 trending down: The MA 100 is trending down. -1
Close < MA 100: The price is below the MA 100. -1
MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
MA 200 trending up: The MA 200 is trending up. +1
Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

LTC Properties Inc Daily Moving Averages Chart

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of LTC Properties Inc. The current macd is -0.1202753.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the LTC Properties Inc price going down in the near term. -2
MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for LTC Properties Inc. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the LTC Properties Inc price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1

LTC Properties Inc Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of LTC Properties Inc. The current adx is 13.73.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell LTC Properties Inc shares, leading to potential downward momentum in its price. -1
PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.

LTC Properties Inc Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of LTC Properties Inc. The current sar is 32.57.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1

LTC Properties Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of LTC Properties Inc. The current rsi is 47.42. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
Trending up: The RSI is trending up. +1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

LTC Properties Inc Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of LTC Properties Inc. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the LTC Properties Inc price going up in the near term. +2
Trending up: The STOCH %K is trending up. +1

LTC Properties Inc Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of LTC Properties Inc. The current cci is -50.94172712.

LTC Properties Inc Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of LTC Properties Inc. The current cmo is -5.98450036.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1

LTC Properties Inc Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of LTC Properties Inc. The current willr is -66.01389766.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that LTC Properties Inc is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.

LTC Properties Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of LTC Properties Inc.

LTC Properties Inc Daily Bollinger Bands Chart

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of LTC Properties Inc. The current atr is 0.5049618.

LTC Properties Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of LTC Properties Inc. The current obv is -1,458,273.

LTC Properties Inc Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of LTC Properties Inc. The current mfi is 42.33.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

MFI < 50: -1

LTC Properties Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for LTC Properties Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2023-11-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-11-30	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-01	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-11	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-13	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-15	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-12-18	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2023-12-19	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2023-12-20	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2023-12-27	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2023-12-29	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-02	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-03	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-04	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-08	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-10	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-12	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-17	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-18	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-01-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-23	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-24	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-25	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-26	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-29	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2024-01-30	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-31	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-02	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-09	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2024-02-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-14	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-15	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-20	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-02-23	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-26	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-27	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-01	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-03-04	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-08	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-03-14	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-18	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-03-19	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-20	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-03-21	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-03-22	STOCH	LONG EXIT		The %K line crosses below the %D line.
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-03-26	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-27	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-28	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-04-01	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-02	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-04	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-08	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-09	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-10	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-11	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-12	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-04-15	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-16	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-17	STOCH	SHORT EXIT		The %K line crosses above the %D line.

6.3. Candlestick Patterns

LTC Properties Inc Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of LTC Properties Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	47.416
Ma 20	Greater than	Ma 50	31.988
Ma 50	Greater than	Ma 100	31.825
Ma 100	Greater than	Ma 200	31.791
Open	Greater than	Close	31.610
Total			3/5 (60.0%)

Create your own Symbol Scanner

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Quick analysis of LTC Properties Inc (30 sec.)

What can you expect buying and holding a share of LTC Properties Inc? (30 sec.)

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of LTC Properties Inc (5 min.)

$31.68

$21.25

$6.31 - $18.99

$27.56 - $40.25

2. Growth of LTC Properties Inc (5 min.)

Is LTC Properties Inc growing?

How much money is LTC Properties Inc making?

How much money comes from the company's main activities?

3. Financial Health of LTC Properties Inc (5 min.)

What can you expect buying and holding a share of LTC Properties Inc? (5 min.)

What can you expect buying and holding a share of LTC Properties Inc?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of LTC Properties Inc

About LTC Properties Inc

Financial Health

Valuation

1.1. Profitability of LTC Properties Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

1.1.2. Return on Assets

Trends

1.1.3. Return on Equity

Trends

1.2. Operating Efficiency of LTC Properties Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

Trends

1.3. Liquidity of LTC Properties Inc.

1.3. Liquidity

1.3.1. Current Ratio

Trends

1.3.2. Quick Ratio

Trends

1.4. Solvency of LTC Properties Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

1.4.2. Debt to Equity Ratio

Trends

2. Market Valuation of LTC Properties Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

2.2. Price To Free Cash Flow Ratio

Trends

2. Book Value per Share

2.3. Price to Book Ratio

Trends

LTC Properties Inc
Buy, Hold or Sell?