Elco Stock

Elco Liabilities 2024

Elco Liabilities

21.73 B ILS

Ticker

ELCO.TA

ISIN

IL0006940345

In 2024, Elco's total liabilities amounted to 21.73 B ILS, a 7.2% difference from the 20.27 B ILS total liabilities in the previous year.

Elco Aktienanalyse

What does Elco do?

Elco Ltd is a British company that has been manufacturing electric motors and drive systems for various industries for almost a century. The company was founded in 1948 by Mr. C. L. Smith in a garage in Southall, a town in the west of London. Smith was an engineer and had a vision of the advantages of an electric motor over combustion engines. He recognized the growing demand for electric drives and began designing and manufacturing motors for various applications. The company grew rapidly and relocated to a larger factory in Hayes, also in the west of London. Elco's business model is based on the manufacture of electric motors and drive systems for various applications. Since its inception, the company has been known as a reliable partner for the marine and industrial sectors. Elco develops and produces a wide range of drive systems for boats, yachts, and ships. In addition, the company also manufactures motors for machine tools, fans, pumps, and other applications. Elco's advancements in display and control technology enable them to harness the benefits of electric motors in various industries. The company is divided into several divisions to meet the requirements of its customers from different industries. The marine division deals with the manufacture of drive systems for ships and boats. Elco offers a wide range of MARINER systems, including outboard motors, electric pod drives, and electric propellers. Elco's industrial division focuses on the requirements of companies from various industries and manufactures drive systems for fans, pumps, and machine tools. In addition, the company also offers solutions that facilitate the integration of electric motors into existing systems. Furthermore, the company has an accessories division where customers can purchase fixtures, controllers, and other technical devices. Elco also produces products that are specifically tailored to the needs of customers. For example, the company has developed a line of electric motors and drive systems for use in supermarkets and other facilities. These specially designed solutions help reduce energy consumption and save operating costs. Additionally, Elco has a line of electric motors available that are based on Welbore motors, which are specifically designed for applications that frequently have high power requirements. The main products of Elco are electric motors and drive systems. Elco motors have a wide range of applications in various industries, including industrial ventilation systems, water applications, packaging machinery, and many others. Elco drive systems are available in different power variants and can be used in both maritime and industrial applications. Elco takes pride in manufacturing high-quality products that adhere to the highest standards of efficiency, performance, and reliability. Overall, Elco is a company specializing in the manufacture of electric motors and drive systems and has been in operation for almost a century. The company offers a wide range of products and services that satisfy its customers from various industries. With its state-of-the-art drive systems and extensive experience, Elco is a trusted partner for its customer base and has established a reputation as a reliable and innovative supplier. Elco ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Elco's Liabilities

Elco's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Elco's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Elco's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Elco's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Elco’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Elco stock

What is the level of liabilities of Elco this year?

Elco has a debt balance of 21.73 B ILS this year.

What were the liabilities of Elco compared to the previous year?

The liabilities of Elco have increased by 7.2% increased compared to the previous year.

What are the consequences of high debt for investors of Elco?

High liabilities can pose a risk for investors of Elco, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Elco?

Low liabilities mean that Elco has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Elco affect the company?

An increase in liabilities of Elco can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Elco affect the company?

A decrease in the liabilities of Elco can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Elco?

Some factors that can influence the liabilities of Elco include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Elco so important for investors?

The liabilities of Elco are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Elco take to modify the liabilities?

To change its liabilities, Elco can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Elco pay?

Over the past 12 months, Elco paid a dividend of 2.58 ILS . This corresponds to a dividend yield of about 0.02 %. For the coming 12 months, Elco is expected to pay a dividend of 2.58 ILS.

What is the dividend yield of Elco?

The current dividend yield of Elco is 0.02 %.

When does Elco pay dividends?

Elco pays a quarterly dividend. This is distributed in the months of May, October, May, October.

How secure is the dividend of Elco?

Elco paid dividends every year for the past 10 years.

What is the dividend of Elco?

For the upcoming 12 months, dividends amounting to 2.58 ILS are expected. This corresponds to a dividend yield of 0.02 %.

In which sector is Elco located?

Elco is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Elco kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Elco from 9/19/2024 amounting to 0.743 ILS, you needed to have the stock in your portfolio before the ex-date on 9/4/2024.

When did Elco pay the last dividend?

The last dividend was paid out on 9/19/2024.

What was the dividend of Elco in the year 2023?

In the year 2023, Elco distributed 2.564 ILS as dividends.

In which currency does Elco pay out the dividend?

The dividends of Elco are distributed in ILS.

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Andere Kennzahlen von Elco

Our stock analysis for Elco Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Elco Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.