Eltek Financial Health

How is Eltek's financial position?

[object Object] Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

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.


Balance Sheet


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