Return On Equity ratio Analysis of Eltek Ltd - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Good ROE
23.64
Period Ending - Dec-22
Good ROE
15.20
Growth
55.59 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Good ROE
24.23
Most recent Quarter ROE
Period Ending - Mar-24
Good ROE
4.61
ROE Analysis of Eltek Ltd
| ROE Ratio of Eltek Ltd with value of 24.23 means its generates profits efficiently by using its Shareholders Fund. |
| ROE Ratio of ELTK rose handsomely by 55.59 % this year. |
| ROE Ratio with value of 28.60 was highest in Year Dec-19 in last Five Years. |
| ROE Ratio with value of 15.20 was lowest in Year Dec-22 in last Five Years. |
| Latest ROE Ratio with value of 23.64 is Greater than Average ROE of 21.69 in last five years. |
Other ROE 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 Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Mild Profitability | |
FY - Historical Return On Equity of Eltek Ltd
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 23.64 | 15.20 | 23.91 | 17.08 | 28.60 | -295.58 | -109.14 |
| Change | 55.59 % | -36.46 % | 39.99 % | -40.27 % | 109.68 % | -170.84 % | -99.78 % |
FY Chart of Return On Equity of Eltek Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)