Elspec Engineering Ltd

TASE:ELSPC Stock Report

Market Cap: ₪152.2m

Elspec Engineering Balance Sheet Health

Financial Health criteria checks 6/6

Elspec Engineering has a total shareholder equity of ₪85.7M and total debt of ₪2.1M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are ₪113.1M and ₪27.4M respectively. Elspec Engineering's EBIT is ₪13.7M making its interest coverage ratio 27.1. It has cash and short-term investments of ₪19.5M.

Key information

2.5%

Debt to equity ratio

₪2.15m

Debt

Interest coverage ratio27.1x
Cash₪19.54m
Equity₪85.67m
Total liabilities₪27.38m
Total assets₪113.05m

Recent financial health updates

Elspec Engineering (TLV:ELSPC) Has A Pretty Healthy Balance Sheet

Nov 03
Elspec Engineering (TLV:ELSPC) Has A Pretty Healthy Balance Sheet

These 4 Measures Indicate That Elspec Engineering (TLV:ELSPC) Is Using Debt Reasonably Well

Apr 19
These 4 Measures Indicate That Elspec Engineering (TLV:ELSPC) Is Using Debt Reasonably Well

Recent updates

Elspec Engineering Ltd's (TLV:ELSPC) Subdued P/E Might Signal An Opportunity

Nov 02
Elspec Engineering Ltd's (TLV:ELSPC) Subdued P/E Might Signal An Opportunity

Should You Be Adding Elspec Engineering (TLV:ELSPC) To Your Watchlist Today?

Aug 30
Should You Be Adding Elspec Engineering (TLV:ELSPC) To Your Watchlist Today?

Impressive Earnings May Not Tell The Whole Story For Elspec Engineering (TLV:ELSPC)

Mar 30
Impressive Earnings May Not Tell The Whole Story For Elspec Engineering (TLV:ELSPC)

Here's Why We Think Elspec Engineering (TLV:ELSPC) Is Well Worth Watching

Mar 29
Here's Why We Think Elspec Engineering (TLV:ELSPC) Is Well Worth Watching

Subdued Growth No Barrier To Elspec Engineering Ltd's (TLV:ELSPC) Price

Jan 02
Subdued Growth No Barrier To Elspec Engineering Ltd's (TLV:ELSPC) Price

Elspec Engineering (TLV:ELSPC) Is Experiencing Growth In Returns On Capital

Oct 21
Elspec Engineering (TLV:ELSPC) Is Experiencing Growth In Returns On Capital

Estimating The Intrinsic Value Of Elspec Engineering Ltd (TLV:ELSPC)

Aug 28
Estimating The Intrinsic Value Of Elspec Engineering Ltd (TLV:ELSPC)

Investors Met With Slowing Returns on Capital At Elspec Engineering (TLV:ELSPC)

Mar 31
Investors Met With Slowing Returns on Capital At Elspec Engineering (TLV:ELSPC)

Elspec Engineering (TLV:ELSPC) Will Want To Turn Around Its Return Trends

Mar 28
Elspec Engineering (TLV:ELSPC) Will Want To Turn Around Its Return Trends

Elspec Engineering (TLV:ELSPC) Has A Pretty Healthy Balance Sheet

Nov 03
Elspec Engineering (TLV:ELSPC) Has A Pretty Healthy Balance Sheet

Some Investors May Be Worried About Elspec Engineering's (TLV:ELSPC) Returns On Capital

Aug 05
Some Investors May Be Worried About Elspec Engineering's (TLV:ELSPC) Returns On Capital

These 4 Measures Indicate That Elspec Engineering (TLV:ELSPC) Is Using Debt Reasonably Well

Apr 19
These 4 Measures Indicate That Elspec Engineering (TLV:ELSPC) Is Using Debt Reasonably Well

The Returns On Capital At Elspec Engineering (TLV:ELSPC) Don't Inspire Confidence

Mar 24
The Returns On Capital At Elspec Engineering (TLV:ELSPC) Don't Inspire Confidence

Elspec Engineering Ltd.'s (TLV:ELSPC) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Dec 29
Elspec Engineering Ltd.'s (TLV:ELSPC) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Financial Position Analysis

Short Term Liabilities: ELSPC's short term assets (₪82.4M) exceed its short term liabilities (₪20.7M).

Long Term Liabilities: ELSPC's short term assets (₪82.4M) exceed its long term liabilities (₪6.7M).

Debt to Equity History and Analysis

Debt Level: ELSPC has more cash than its total debt.

Reducing Debt: ELSPC's debt to equity ratio has reduced from 9.7% to 2.5% over the past 5 years.

Debt Coverage: ELSPC's debt is well covered by operating cash flow (203.6%).

Interest Coverage: ELSPC's interest payments on its debt are well covered by EBIT (27.1x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 13:43
End of Day Share Price 2024/12/26 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Elspec Engineering Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution