Eltek Historical Income Statement
| ELTK Stock | USD 8.53 0.13 1.50% |
Historical analysis of Eltek income statement accounts such as Total Revenue of 38.2 M or Gross Profit of 15.8 M can show how well Eltek performed in making a profits. Evaluating Eltek income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Eltek's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Eltek latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Eltek is a good buy for the upcoming year.
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About Eltek Income Statement Analysis
Eltek Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Eltek shareholders. The income statement also shows Eltek investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Eltek Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Eltek generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Eltek minus its cost of goods sold. It is profit before Eltek operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Eltek. It is also known as Eltek overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Eltek income statement and represents the costs associated with goods and services Eltek provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Eltek's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Eltek current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eltek. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Eltek Stock please use our How to buy in Eltek Stock guide.At this time, Eltek's Net Income is quite stable compared to the past year. Income Tax Expense is expected to rise to about 1.3 M this year, although the value of Other Operating Expenses will most likely fall to about 37.5 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 129K | 122K | 109.8K | 104.3K | Depreciation And Amortization | 1.5M | 1.3M | 1.2M | 1.7M |
Eltek income statement Correlations
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Eltek Account Relationship Matchups
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Eltek income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 1.6M | 1.8M | 1.5M | 1.3M | 1.2M | 1.7M | |
| Interest Expense | 337K | 488K | 129K | 122K | 109.8K | 104.3K | |
| Total Revenue | 36.7M | 33.8M | 39.7M | 46.7M | 53.7M | 38.2M | |
| Gross Profit | 7.7M | 6.9M | 8.3M | 13.1M | 15.1M | 15.8M | |
| Other Operating Expenses | 33.7M | 31.9M | 36.7M | 39.4M | 45.3M | 37.5M | |
| Operating Income | 3.0M | 1.9M | 3.0M | 7.3M | 8.4M | 8.8M | |
| Ebit | 3.0M | 1.9M | 3.0M | 7.8M | 9.0M | 9.5M | |
| Ebitda | 4.6M | 3.7M | 4.5M | 9.2M | 8.2M | 8.7M | |
| Cost Of Revenue | 29.0M | 26.9M | 31.4M | 33.6M | 38.6M | 31.9M | |
| Total Operating Expenses | 4.7M | 4.9M | 5.3M | 5.8M | 6.7M | 5.6M | |
| Net Income | 2.6M | 5.0M | 3.2M | 6.4M | 7.3M | 7.7M | |
| Income Tax Expense | 71K | (3.5M) | 664K | 1.4M | 1.2M | 1.3M | |
| Income Before Tax | 2.7M | 1.5M | 3.9M | 7.7M | 8.9M | 9.3M | |
| Total Other Income Expense Net | (353K) | (447K) | 887K | 422K | 485.3K | 509.6K | |
| Research Development | 2K | 78K | 92K | 85K | 76.5K | 53.6K | |
| Net Income Applicable To Common Shares | 1.8M | 2.6M | 5.0M | 3.2M | 2.9M | 3.0M | |
| Net Income From Continuing Ops | 2.6M | 5.0M | 3.2M | 6.4M | 7.3M | 7.7M | |
| Tax Provision | 71K | (3.5M) | 664K | 1.4M | 1.2M | 1.3M | |
| Interest Income | 475K | 440K | 0.0 | 148K | 133.2K | 192.9K | |
| Net Interest Income | (337K) | (75K) | (137K) | 47K | 54.1K | 56.8K | |
| Reconciled Depreciation | 1.6M | 1.8M | 1.5M | 1.3M | 1.2M | 1.3M |
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eltek. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Eltek Stock please use our How to buy in Eltek Stock guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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 (0.98) | Earnings Share 0.63 | Revenue Per Share | Quarterly Revenue Growth (0.13) | Return On Assets |
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.