Elevate Credit, Inc.

Elevate Credit, Inc.verified

ELVT

Price:

$1.87

Market Cap:

$58.83M

Elevate Credit, Inc. provides online credit solutions to non-prime consumers in the United States. The company offers unsecured online installment loans, lines of credit, and credit cards. Its products include Rise, an installment loan product; Elastic, a line of credit product; and Today Card, a credit card product. Elevate Credit, Inc. was incorporated in 2014 and is headquartered in Fort Worth, Texas.

Industry

Financial - Credit Services

IPO Date

2017-04-06

Stock Exchange

NYSE

Ticker

ELVT

The Current Ratio as of November 2025 (TTM) for Elevate Credit, Inc. (ELVT) is 7.23

According to Elevate Credit, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 7.23. This represents a change of -34.66% compared to the average of 11.06 of the last 4 quarters.

Elevate Credit, Inc. (ELVT) Historical Current Ratio (quarterly & annually)

How has ELVT Current Ratio performed in the past?

The mean historical Current Ratio of Elevate Credit, Inc. over the last ten years is 8.39. The current 7.23 Current Ratio has changed 8.52% with respect to the historical average. Over the past ten years (40 quarters), ELVT's Current Ratio was at its highest in in the June 2020 quarter at 18.19. The Current Ratio was at its lowest in in the June 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

8.39

Median

8.22

Minimum

3.59

Maximum

12.06

Elevate Credit, Inc. (ELVT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Elevate Credit, 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 = 81.29%

Maximum Annual Current Ratio = 12.06

Minimum Annual Increase = -32.55%

Minimum Annual Current Ratio = 3.59

Quarterly (TTM)
Annual
YearCurrent RatioChange
20217.23-32.55%
202010.71-11.18%
201912.0632.66%
20189.0911.35%
20178.17-0.67%
20168.22-16.94%
20159.9051.98%
20146.5181.29%

Elevate Credit, Inc. (ELVT) Average Current Ratio

How has ELVT Current Ratio performed in the past?

The current Current Ratio of Elevate Credit, Inc. (ELVT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

10.00

5-year avg

9.45

10-year avg

8.39

Elevate Credit, Inc. (ELVT) Current Ratio vs. Peers

How is ELVT’s Current Ratio compared to its peers?

Elevate Credit, Inc.’s Current Ratio is greater than Old Market Capital Corporation (4.55), less than SEP Acquisition Corp. (0), less than SHUAA Partners Acquisition Corp I (13.68), greater than RiverNorth Capital and Income Fund, Inc. (0), greater than BYTE Acquisition Corp. (1.29), greater than GRIID Infrastructure Inc. Common Stock (0.15), greater than iLearningEngines, Inc. (0.02), greater than Hainan Manaslu Acquisition Corp. (5.10), greater than Healthcare AI Acquisition Corp. (0.40),

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