Debt to Equity Ratio Analysis of Eltek Ltd - Deep Dive
Latest FY Debt to Equity
Period Ending - Dec-23
Excellent Debt to Equity
0.0294
Period Ending - Dec-22
Excellent Debt to Equity
0.205
Growth
-85.70 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.0209
Debt to Equity Analysis of Eltek Ltd
Debt to Equity Ratio 0.0294 of Eltek Ltd indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of ELTK drastically fell by -85.70 % this year. |
Debt to Equity Ratio with value of 1.17 was highest in Year Dec-19 in last Five Years. |
Debt to Equity Ratio with value of 0.0294 was lowest in Year Dec-23 in last Five Years. |
Latest Debt to Equity Ratio with value of 0.0294 is lower than Average Debt to Equity of 0.373 in last five years. |
Other Debt to Equity Related Info of ELTK that may interest you.
Eltek Ltd Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
ELTK | 10.51 | 10.8 | 2.69 % | Electronic Components |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..![Debt to Equity Ratio Formula Debt to Equity Ratio Formula](https://my.stockaio.com/help/template/FinDef/SolvencyRatios/DebtToEquity.jpg)
Debt to Equity Related Ratios
ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
Excellent Stability |
FY - Historical Debt to Equity Ratio of Eltek Ltd
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.0294 | 0.205 | 0.264 | 0.191 | 1.17 | 10.86 | 2.57 |
Change | -85.70 % | -22.18 % | 38.29 % | -83.75 % | -89.19 % | 322.56 % | 253.71 % |
FY Chart of Debt to Equity Ratio of Eltek Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)