Eltek Other Current Assets from 2010 to 2024

ELTK Stock  USD 10.92  0.13  1.18%   
Eltek Other Current Assets yearly trend continues to be quite stable with very little volatility. The value of Other Current Assets are projected to decrease to about 509.2 K. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1998-03-31
Previous Quarter
593 K
Current Value
225 K
Quarterly Volatility
302.7 K
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
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 Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Eltek over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Eltek's Other Current Assets 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.
Other Current Assets10 Years Trend
Pretty Stable
   Other Current Assets   
       Timeline  

Eltek Other Current Assets Regression Statistics

Arithmetic Mean651,812
Geometric Mean536,177
Coefficient Of Variation66.14
Mean Deviation319,300
Median509,174
Standard Deviation431,124
Sample Variance185.9B
Range1.7M
R-Value0.29
Mean Square Error183.9B
R-Squared0.08
Significance0.30
Slope27,497
Total Sum of Squares2.6T

Eltek Other Current Assets History

2024509.2 K
2023547 K
2022504 K
20211.2 M
20201.2 M
2019530 K
2018292 K

About Eltek Financial Statements

Eltek investors utilize fundamental indicators, such as Other Current Assets, 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
Other Current Assets547 K509.2 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.