Eltek (ELTK) Debt Ratio (2009 - 2023)
Eltek (ELTK) posted quarterly Debt Ratio of 0.04 for Q1 2023, down 55.97% year-over-year from 0.1 in Q1 2022, and down 47.07% quarter-over-quarter from 0.08 in Q4 2022.
Eltek (ELTK) Debt Ratio (2009 - 2023) Analysis & Trends
Eltek (ELTK) has reported Debt Ratio for 15 consecutive years, with 0.04 the latest figure, recorded in Q1 2023.
- In Q1 2023, Debt Ratio fell 55.97% year-over-year to 0.04; the TTM figure through Mar 2023 stood at 0.04 (down 55.97% YoY), while the FY2022 annual figure was 0.08, down 21.75% from the prior year.
- Debt Ratio fell to 0.04 in Q1 2023 per ELTK's latest filing, from 0.08 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.24 in Q1 2019 and bottomed at 0.04 in Q1 2023.
- Historically, Debt Ratio has averaged 0.1 across 5 years, with a median of 0.1 in 2022.
- Annual changes were most pronounced in 2019 — Debt Ratio sank 71.16% — and 2022, when it surged 95.17%.
- Eltek's Debt Ratio stood at 0.11 in 2019, then plunged by 43.77% to 0.06 in 2020, then soared by 75.21% to 0.11 in 2021, then decreased by 21.75% to 0.08 in 2022, then sank by 47.07% to 0.04 in 2023.
- Business Quant data shows ELTK's Debt Ratio at 0.04 in Q1 2023, 0.08 in Q4 2022, and 0.09 in Q3 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 380.56 Bn | 374.45 Bn | 3.55 Bn | 0.42 |
| 2 | Corning | 128.98 Bn | 126.47 Bn | 1.63 Bn | 0.26 |
| 3 | TE Connectivity | 59.31 Bn | 58.07 Bn | 1.84 Bn | 0.22 |
| 4 | Flex | 40.00 Bn | 37.16 Bn | 747.00 Mn | 0.21 |
| 5 | Celestica | 33.91 Bn | 33.37 Bn | 577.50 Mn | 0.08 |
| 6 | Jabil | 32.92 Bn | 31.56 Bn | 828.00 Mn | 0.16 |
| 7 | Fabrinet | 15.36 Bn | 14.49 Bn | 158.05 Mn | - |
| 8 | Ttm Technologies | 11.53 Bn | 11.01 Bn | 211.86 Mn | 0.22 |
| 9 | Littelfuse | 10.34 Bn | 9.71 Bn | 306.06 Mn | 0.18 |
| 10 | Eltek | 54.07 Mn | 43.01 Mn | -1.85 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 0.04 |
| Dec 31, 2022 | 0.08 |
| Sep 30, 2022 | 0.09 |
| Jun 30, 2022 | 0.10 |
| Mar 31, 2022 | 0.10 |
| Dec 31, 2021 | 0.11 |
| Sep 30, 2021 | 0.12 |
| Jun 30, 2021 | 0.12 |
| Mar 31, 2021 | 0.05 |
| Dec 31, 2020 | 0.06 |
| Sep 30, 2020 | 0.07 |
| Jun 30, 2020 | 0.12 |
| Mar 31, 2020 | 0.09 |
| Dec 31, 2019 | 0.11 |
| Sep 30, 2019 | 0.11 |
| Jun 30, 2019 | 0.14 |
| Mar 31, 2019 | 0.24 |
| Dec 31, 2018 | 0.38 |
| Sep 30, 2018 | 0.33 |
| Jun 30, 2018 | 0.46 |