Eltek Balance Sheet Health
Financial Health criteria checks 6/6
Eltek has a total shareholder equity of $26.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $47.2M and $20.3M respectively. Eltek's EBIT is $7.3M making its interest coverage ratio -114. It has cash and short-term investments of $12.1M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -114x |
| Cash | US$12.14m |
| Equity | US$26.87m |
| Total liabilities | US$20.30m |
| Total assets | US$47.17m |
Recent financial health updates
Recent updates
Eltek's (NASDAQ:ELTK) Promising Earnings May Rest On Soft Foundations
Mar 18
Eltek Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Mar 15Eltek Ltd. (NASDAQ:ELTK) Stocks Shoot Up 35% But Its P/E Still Looks Reasonable
Jan 26Returns On Capital Are Showing Encouraging Signs At Eltek (NASDAQ:ELTK)
Nov 08The Return Trends At Eltek (NASDAQ:ELTK) Look Promising
Jul 29Eltek (NASDAQ:ELTK) Has A Rock Solid Balance Sheet
Jun 16Eltek (NASDAQ:ELTK) Is Looking To Continue Growing Its Returns On Capital
Sep 01Eltek GAAP EPS of $0.13, revenue of $9.09M
Aug 17Does Eltek (NASDAQ:ELTK) Deserve A Spot On Your Watchlist?
May 24Eltek (NASDAQ:ELTK) Is Doing The Right Things To Multiply Its Share Price
Mar 24Eltek's (NASDAQ:ELTK) Returns Have Hit A Wall
Nov 18The Returns At Eltek (NASDAQ:ELTK) Aren't Growing
Jul 06Eltek Will Recover From A Temporary Setback
Jun 18It's Unlikely That Eltek Ltd.'s (NASDAQ:ELTK) CEO Will See A Huge Pay Rise This Year
May 27Eltek (NASDAQ:ELTK) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 01Eltek's (NASDAQ:ELTK) Returns Have Hit A Wall
Mar 26Eltek Ltd.'s (NASDAQ:ELTK) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Feb 10Are Robust Financials Driving The Recent Rally In Eltek Ltd.'s (NASDAQ:ELTK) Stock?
Jan 17
Eltek reports Q3 results
Nov 18Financial Position Analysis
Short Term Liabilities: ELTK's short term assets ($30.1M) exceed its short term liabilities ($14.0M).
Long Term Liabilities: ELTK's short term assets ($30.1M) exceed its long term liabilities ($6.3M).
Debt to Equity History and Analysis
Debt Level: ELTK is debt free.
Reducing Debt: ELTK has no debt compared to 5 years ago when its debt to equity ratio was 1051.5%.
Debt Coverage: ELTK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ELTK has no debt, therefore coverage of interest payments is not a concern.