ELTP
Price:
$0.37
Market Cap:
$398.49M
Elite Pharmaceuticals, Inc. (ELTP) is a specialized pharmaceutical company focused on the creation and manufacturing of generic medications, as well as oral, controlled-release drug formulations. Its business activities are primarily divided into two segments: Abbreviated New Drug Applications (ANDAs) for generic products and New Drug Applications (NDAs) for branded pharmaceuticals. The company's extensive product line includes drugs that it either owns, licenses, or produces through contract manufacturing. This portfolio features a variety of generic and oral-dose pharmaceutical products designed to address diverse medical needs. For instance, it offers Phentermine HCl 37.5mg tablets, marke...[Read more]
Industry
Drug Manufacturers - Specialty & Generic
IPO Date
2000-02-24
Stock Exchange
OTC
Ticker
ELTP
According to Elite Pharmaceuticals, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 7.34. This represents a change of 6.80% compared to the average of 6.87 of the last 4 quarters.
The mean historical Current Ratio of Elite Pharmaceuticals, Inc. over the last ten years is 2.98. The current 7.34 Current Ratio has changed 24.49% with respect to the historical average. Over the past ten years (40 quarters), ELTP's Current Ratio was at its highest in in the September 2025 quarter at 8.04. The Current Ratio was at its lowest in in the June 2019 quarter at 1.12.
Average
2.98
Median
2.78
Minimum
1.19
Maximum
5.50
Discovering the peaks and valleys of Elite Pharmaceuticals, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 76.81%
Maximum Annual Current Ratio = 5.50
Minimum Annual Increase = -52.13%
Minimum Annual Current Ratio = 1.19
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 4.88 | 59.03% |
| 2024 | 3.07 | 11.67% |
| 2023 | 2.75 | -2.54% |
| 2022 | 2.82 | 34.30% |
| 2021 | 2.10 | 76.81% |
| 2020 | 1.19 | -7.48% |
| 2019 | 1.28 | -52.13% |
| 2018 | 2.68 | -51.33% |
| 2017 | 5.50 | 53.30% |
| 2016 | 3.59 | 47.63% |
The current Current Ratio of Elite Pharmaceuticals, Inc. (ELTP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.56
5-year avg
3.12
10-year avg
2.98
Elite Pharmaceuticals, Inc.’s Current Ratio is greater than YiChang HEC ChangJiang Pharmaceutical Co., Ltd. (1.77), greater than AB Science S.A. (0.96), greater than Torii Pharmaceutical Co., Ltd. (5.18), greater than Swedencare AB (publ) (2.71), greater than Glass House Brands Inc. (1.85), greater than ManifestSeven Holdings Corporation (0.13), greater than Boiron S.A. (2.22), greater than Allergy Therapeutics plc (1.13), greater than Avisa Diagnostics Inc. (0.23), greater than Basilea Pharmaceutica AG (5.11),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.77 | $643.13M | |
| 0.96 | $78.15M | |
| 5.18 | $690.70M | |
| 2.71 | $500.30M | |
| 1.85 | $1.03B | |
| 0.13 | $1.71K | |
| 2.22 | $553.86M | |
| 1.13 | $655.46M | |
| 0.23 | $97.18K | |
| 5.11 | $746.00M |
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