Elspec Engineering Fundamental Relationships

ELSPC -- Israel Stock  

ILS 192.40  4.90  2.48%

The Drivers Module shows relationships between Elspec Engineering's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Elspec Engineering Ltd over time as well as its relative position and ranking within its peers. Additionally see Investing Opportunities

Elspec Engineering Net Income vs. Current Liabilities Fundamental Analysis

Elspec Engineering Ltd is rated below average in current liabilities category among related companies. It is rated below average in net income category among related companies making up about  0.10  of Net Income per Current Liabilities. The ratio of Current Liabilities to Net Income for Elspec Engineering Ltd is roughly  10.47 
Current Liabilities is company's short term debts. This usually includes obligations that are due within next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Elspec Engineering 
Current Liabilities 
 = 
Payables 
Accrued Debt 
=
29 M
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Net income is the profit of a company for the reporting period which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most watched numbers by money managers as well as individual investors.
Elspec Engineering 
Net Income 
 = 
(Rev + Gain) 
-  
(Exp + Loss) 
=
2.77 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin which measures income as a percentage of sales.

Elspec Engineering Net Income Comparison

Elspec Engineering is rated below average in net income category among related companies.
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