Eltek Financial Health
How is Eltek's financial position?
[object Object] Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ELTK's short term assets ($23.0M) exceed its short term liabilities ($9.8M).
Long Term Liabilities: ELTK's short term assets ($23.0M) exceed its long term liabilities ($10.3M).
Debt to Equity History and Analysis
Debt Level: ELTK has more cash than its total debt.
Reducing Debt: ELTK's debt to equity ratio has reduced from 182% to 3.4% over the past 5 years.
Debt Coverage: ELTK's debt is well covered by operating cash flow (417.5%).
Interest Coverage: ELTK earns more interest than it pays, so coverage of interest payments is not a concern.