Eltek Cash Flow - Annual (NASDAQ:ELTK)

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$3.88 $0.1 (2.51%) ELTK stock closing price Aug 13, 2018 (Closing)

The financial analysis of ELTK requires an investor to check the cash flows for Eltek. While its important to look at the Eltek debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as Eltek revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. The cash flow statement is essetial while conducting the Eltek cash flow analysis and can be used to measure the operating performance of Eltek compared to various industry peers like DLYT stock and ELAMF stock. The cash from operating activities for Eltek is $ 2017, which saw an increase from previous year.

View details of Eltek cash flows for latest & last 10 financial years
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Net Income Cash Flow
-3.77M-3.72M1.02M-2.85M3.78M-1.81M-1.83M-0.88M-2.44M
Depreciation Depletion Amortization Cash-Flow2.07M1.85M1.73M1.89M1.73M2.25M2.09M2.05M2.03M2.22M
Net Increase (Decrease) in Assets Liabilities-1.74M2.04M-1.13M--1.13M1.74M-1.55M1.25M-0.06M1.01M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net--0.01M-1.04M-2.76M----0.12M-
Net Cash from (used by) Operating Activities
-3.44M-1.72M-1.61M4.77M2.41M1.5M-1.18M
Increase (Decrease) in Prop Plant And Equipment-0.27M-0.7M-0.79M-2.43M-0.95M-1.23M-0.88M-0.45M-0.6M-0.79M
Acquisition Disposition of Subsidiaires----------
Increase (Decrease) in Investments----------
Other Cash Inflow (Outflow) from Investment Activities--0.04M-0.06M-0.21M------
Net Cash from (used by) Investment Activities
-0.27M-0.75M-0.86M-2.64M-0.95M-1.23M-0.88M-0.45M-0.6M-0.79M
Issuance (Purchase) of Equity Shares----3.54M-----
Issuance (Repayment) of Debt Securities-0.7M-0.44M1.5M--0.56M-1.14M-0.66M-0.77M-1.12M-0.92M
Increase (Decrease) in Bank & Other Borrowings4.18M1.58M-2.06M1.35M-2.57M-0.19M-0.8M---0.01M
Payment of Dividends & Other Cash Distributions----------
Other Cash from (used by) Financing Activities-0.23M-0.67M-0.5M-0.1M-0.51M-1.04M-0.53M-0.4M-0.14M-0.54M
Net Cash from (used by) Financing Activities
3.24M--1.06M1.24M-0.11M-2.39M-2M-0.81M-0.61M-1.47M
Effect of Exchange Rate Changes on Cash------0.1M-0.15M--0.04M-
Net Change in Cash & Cash Equivalents
-0.34M--0.09M-1.38M-1.04M-0.62M--0.29M-0.91M
Cash & Equivalents at Beginning of Year1.23M1.03M1.12M2.51M1.93M-1.51M1.25M1.55M2.46M
Cash & Equivalents at Year End-1.23M1.03M1.12M2.51M1.93M-1.51M1.25M1.55M
All figures in USD. M: Millions of USD, B: Billions of USD.
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While Eltek stock price history provides the price history of a stock, Eltek stock comparison chart shows the same in comparison to peers, and cash flow statements provide cash position of the company. Common terms used in the statement of cash flows are:

  • Eltek has cash of $- on hand. A healthy amount of cash on hand is necessary for any company. Cash has an opportunity cost associated with it, and too much cash in bank may mean that the firm has no or limited growth plans. Hence its important to track the Net Change in Cash and Cash Equivalents along with the Eltek stock price.
  • Cash Flow from operating activities: Eltek reported a negative operating cash flow of $-3.44M for 2017 and has seen an increase from the previous year. Operating cash flow comes from main business activities. Investors look for positive cash flow from recurring operating activities.
  • Cash Flow from investment activities: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc., and was $-0.27M for ELTK in last 2017 report.
  • Cash flow from financing activities shows the flow of cash between Eltek and its owners and creditors and was $3.24M for 2017. Financing activities allow a company to raise capital, and repay bondholders.

Key Financial Ratios For Eltek Cash Flow