Eltek Balance Sheet Health
Financial Health criteria checks 6/6
Eltek has a total shareholder equity of $40.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $58.8M and $18.5M respectively. Eltek's EBIT is $6.0M making its interest coverage ratio -94.3. It has cash and short-term investments of $18.1M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -94.3x |
| Cash | US$18.08m |
| Equity | US$40.33m |
| Total liabilities | US$18.45m |
| Total assets | US$58.78m |
Recent financial health updates
Recent updates
Calculating The Intrinsic Value Of Eltek Ltd. (NASDAQ:ELTK)
Aug 13
Eltek's (NASDAQ:ELTK) Promising Earnings May Rest On Soft Foundations
Mar 18Eltek 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 ($38.0M) exceed its short term liabilities ($12.8M).
Long Term Liabilities: ELTK's short term assets ($38.0M) exceed its long term liabilities ($5.7M).
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 95.6%.
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.