Elite Pharmaceuticals Current Ratio Growth & History (ELTP)

Elite Pharmaceuticals's current ratio was 6.45 for fiscal 2026.

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Elite Pharmaceuticals annual current ratio history

Elite Pharmaceuticals annual current ratio

Fiscal yearPeriod endedCurrent ratioChangeGrowth
20262026-03-316.451.57+32.19%
20252025-03-314.881.81+59.03%
20242024-03-313.070.32+11.67%
20232023-03-312.75−0.07−2.54%
20222022-03-312.820.72+34.30%
20212021-03-312.100.91+76.81%
20202020-03-311.19−0.10−7.48%
20192019-03-311.28−1.40−52.13%
20182018-03-312.68−2.83−51.33%
20172017-03-315.501.90+52.83%
20162016-03-313.601.17+48.08%
20152015-03-312.430.82+51.00%
20142014-03-311.611.14+239.32%
20132013-03-310.470.15+44.19%
20122012-03-310.33−0.34−51.15%
20112011-03-310.67

Elite Pharmaceuticals current ratio trends

Over the last five fiscal years, Elite Pharmaceuticals's current ratio increased from 2.10 to 6.45, a change of 4.35. The latest reported quarter, Q1 2027, shows 3.76.

About the metric

What the current ratio means

The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.

Calculation and source

How the current ratio is calculated

TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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