Eltek (ELTK) Debt Ratio (2009 - 2023)
Eltek's (ELTK) Debt Ratio was 0.04 for Q1 2023, down 56.0% from 0.10 a year earlier and down 47.1% from the prior quarter.
Analysis
Eltek (ELTK) Debt Ratio (2009 - 2023) Analysis & Trends
For FY2022, Debt Ratio at Eltek was 0.08, down 21.7% from FY2021.
- By year, Debt Ratio came in at 0.11 in FY2021 (+75.2%), 0.06 in FY2020 (-43.8%), 0.11 in FY2019 (-79.2%) and 0.53 in FY2018 (+31.4%).
- The Q1 2023 figure ranks as the lowest quarterly Debt Ratio in data going back to Q1 2009.
- Year over year, Debt Ratio has now declined in each of the last four quarters, with growth averaging 15.4% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was Q1 2022 (growth of 95.2%); the low point was Q4 2019 (a decline of 79.2%).
- Per Business Quant data, the three quarters before Q1 2023 came in at 0.08 (Q4 2022), 0.09 (Q3 2022) and 0.10 (Q2 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,812.19 Bn | 4,559.68 Bn | 54.77 Bn | 0.22 |
| 2 | Cisco Systems | 421.99 Bn | 357.91 Bn | 11.06 Bn | 0.23 |
| 3 | Dell Technologies | 345.43 Bn | 301.18 Bn | 9.83 Bn | 0.27 |
| 4 | Arista Networks | 255.77 Bn | 209.23 Bn | 1.91 Bn | - |
| 5 | Sandisk | 252.54 Bn | 241.07 Bn | 7.58 Bn | - |
| 6 | Seagate Technology Holdings | 207.16 Bn | 202.15 Bn | 1.90 Bn | 0.36 |
| 7 | Western Digital | 163.71 Bn | 151.83 Bn | 2.03 Bn | 0.08 |
| 8 | Sony | 143.72 Bn | 94.11 Bn | 6.53 Bn | 0.08 |
| 9 | Lumentum Holdings | 86.25 Bn | 78.06 Bn | 477.30 Mn | 0.22 |
| 10 | Eltek | 55.64 Mn | 9.32 Mn | - | - |
Historic Data
Download Data
Historic 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 | 0.28 |
| Mar 31, 2019 | 0.24 |
| Dec 31, 2018 | 0.53 |
| Sep 30, 2018 | 0.46 |
| Jun 30, 2018 | 0.46 |
API Access
Eltek Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=ELTK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "ELTK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=ELTK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();