Eltek Net Borrowings from 2010 to 2024

ELTK Stock  USD 11.01  0.03  0.27%   
Eltek Net Borrowings yearly trend continues to be quite stable with very little volatility. The value of Net Borrowings is projected to decrease to about -632.2 K. Net Borrowings is the difference between the amount of new debt Eltek has taken on and the amount of debt it has paid off during a given period. View All Fundamentals
 
Net Borrowings  
First Reported
2013-12-31
Previous Quarter
-227 K
Current Value
-1.6 M
Quarterly Volatility
1.5 M
 
Yuan Drop
 
Covid
Check Eltek financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eltek's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 M, Interest Expense of 115.9 K or Total Revenue of 38.2 M, as well as many indicators such as Price To Sales Ratio of 1.85, Dividend Yield of 0.0152 or PTB Ratio of 3.22. Eltek financial statements analysis is a perfect complement when working with Eltek Valuation or Volatility modules.
  
Check out the analysis of Eltek Correlation against competitors.
For more information on how to buy Eltek Stock please use our How to buy in Eltek Stock guide.

Latest Eltek's Net Borrowings Growth Pattern

Below is the plot of the Net Borrowings of Eltek over the last few years. It is the difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period. Eltek's Net Borrowings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eltek's overall financial position and show how it may be relating to other accounts over time.
Net Borrowings10 Years Trend
Slightly volatile
   Net Borrowings   
       Timeline  

Eltek Net Borrowings Regression Statistics

Arithmetic Mean(1,212,620)
Geometric Mean1,793,503
Coefficient Of Variation(215.25)
Mean Deviation2,207,770
Median(669,000)
Standard Deviation2,610,148
Sample Variance6.8T
Range8M
R-Value0.33
Mean Square Error6.5T
R-Squared0.11
Significance0.23
Slope192,111
Total Sum of Squares95.4T

Eltek Net Borrowings History

2024-632.2 K
2023-602.1 K
2022-669 K
20212.1 M
2020-4.8 M
2019-4.4 M
20181.5 M

About Eltek Financial Statements

Eltek investors utilize fundamental indicators, such as Net Borrowings, to predict how Eltek Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Borrowings-602.1 K-632.2 K

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When determining whether Eltek is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Eltek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eltek Stock. Highlighted below are key reports to facilitate an investment decision about Eltek Stock:
Check out the analysis of Eltek Correlation against competitors.
For more information on how to buy Eltek Stock please use our How to buy in Eltek Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eltek. If investors know Eltek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eltek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
0.85
Revenue Per Share
7.435
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0835
The market value of Eltek is measured differently than its book value, which is the value of Eltek that is recorded on the company's balance sheet. Investors also form their own opinion of Eltek's value that differs from its market value or its book value, called intrinsic value, which is Eltek's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eltek's market value can be influenced by many factors that don't directly affect Eltek's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eltek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eltek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eltek's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.