Eltek Balance Sheet Health

Financial Health criteria checks 6/6

Eltek has a total shareholder equity of $41.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $60.2M and $19.0M respectively. Eltek's EBIT is $4.4M making its interest coverage ratio -6. It has cash and short-term investments of $17.2M.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ratio-6x
CashUS$17.24m
EquityUS$41.19m
Total liabilitiesUS$18.96m
Total assetsUS$60.16m

Recent financial health updates

Recent updates

Investors Give Eltek Ltd. (NASDAQ:ELTK) Shares A 26% Hiding

Mar 14
Investors Give Eltek Ltd. (NASDAQ:ELTK) Shares A 26% Hiding

Here's What's Concerning About Eltek's (NASDAQ:ELTK) Returns On Capital

Mar 12
Here's What's Concerning About Eltek's (NASDAQ:ELTK) Returns On Capital
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Calculated Expansions And Diversified Sectors Fuel Revenue And Margin Growth

Sep 28 Expansion in workforce and machinery investment, along with launching new coating lines, aims to enhance capacity and meet high product demand.

Calculating The Intrinsic Value Of Eltek Ltd. (NASDAQ:ELTK)

Aug 13
Calculating The Intrinsic Value Of Eltek Ltd. (NASDAQ:ELTK)

Eltek's (NASDAQ:ELTK) Promising Earnings May Rest On Soft Foundations

Mar 18
Eltek's (NASDAQ:ELTK) Promising Earnings May Rest On Soft Foundations

Eltek Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Mar 15
Eltek Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Eltek Ltd. (NASDAQ:ELTK) Stocks Shoot Up 35% But Its P/E Still Looks Reasonable

Jan 26
Eltek Ltd. (NASDAQ:ELTK) Stocks Shoot Up 35% But Its P/E Still Looks Reasonable

Returns On Capital Are Showing Encouraging Signs At Eltek (NASDAQ:ELTK)

Nov 08
Returns On Capital Are Showing Encouraging Signs At Eltek (NASDAQ:ELTK)

The Return Trends At Eltek (NASDAQ:ELTK) Look Promising

Jul 29
The Return Trends At Eltek (NASDAQ:ELTK) Look Promising

Eltek (NASDAQ:ELTK) Has A Rock Solid Balance Sheet

Jun 16
Eltek (NASDAQ:ELTK) Has A Rock Solid Balance Sheet

Eltek (NASDAQ:ELTK) Is Looking To Continue Growing Its Returns On Capital

Sep 01
Eltek (NASDAQ:ELTK) Is Looking To Continue Growing Its Returns On Capital

Eltek GAAP EPS of $0.13, revenue of $9.09M

Aug 17

Does Eltek (NASDAQ:ELTK) Deserve A Spot On Your Watchlist?

May 24
Does Eltek (NASDAQ:ELTK) Deserve A Spot On Your Watchlist?

Eltek (NASDAQ:ELTK) Is Doing The Right Things To Multiply Its Share Price

Mar 24
Eltek (NASDAQ:ELTK) Is Doing The Right Things To Multiply Its Share Price

Eltek's (NASDAQ:ELTK) Returns Have Hit A Wall

Nov 18
Eltek's (NASDAQ:ELTK) Returns Have Hit A Wall

The Returns At Eltek (NASDAQ:ELTK) Aren't Growing

Jul 06
The Returns At Eltek (NASDAQ:ELTK) Aren't Growing

Eltek Will Recover From A Temporary Setback

Jun 18

It's Unlikely That Eltek Ltd.'s (NASDAQ:ELTK) CEO Will See A Huge Pay Rise This Year

May 27
It's Unlikely That Eltek Ltd.'s (NASDAQ:ELTK) CEO Will See A Huge Pay Rise This Year

Eltek (NASDAQ:ELTK) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Apr 01
Eltek (NASDAQ:ELTK) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Eltek's (NASDAQ:ELTK) Returns Have Hit A Wall

Mar 26
Eltek's (NASDAQ:ELTK) Returns Have Hit A Wall

Eltek Ltd.'s (NASDAQ:ELTK) Price Is Right But Growth Is Lacking After Shares Rocket 29%

Feb 10
Eltek Ltd.'s (NASDAQ:ELTK) Price Is Right But Growth Is Lacking After Shares Rocket 29%

Financial Position Analysis

Short Term Liabilities: ELTK's short term assets ($39.1M) exceed its short term liabilities ($13.3M).

Long Term Liabilities: ELTK's short term assets ($39.1M) exceed its long term liabilities ($5.6M).


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 89.2%.

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.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/23 13:45
End of Day Share Price 2025/04/23 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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Industry and Sector Metrics

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Analyst Sources

Eltek Ltd. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas KerrZacks Small-Cap Research