Elite Pharmaceuticals (ELTP) Asset Utilization Ratio (2011 - 2026)
Elite Pharmaceuticals' Asset Utilization Ratio was 1.01 in fiscal Q1 2027 (quarter ended Jun 30, 2026), down 0.1% from 1.02 a year earlier and down 9.8% from the prior quarter.
Elite Pharmaceuticals (ELTP) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Asset Utilization Ratio at Elite Pharmaceuticals came in at 1.27, up 35.9% from FY2025.
- Asset Utilization Ratio has now increased for three consecutive fiscal years.
- In earlier fiscal years, Asset Utilization Ratio was 0.93 in FY2025 (+2.7%), 0.91 in FY2024 (+1.2%), 0.90 in FY2023 (-14.6%) and 1.05 in FY2022 (+6.0%).
- The fiscal Q1 2027 figure marks the lowest quarterly Asset Utilization Ratio since fiscal Q4 2025.
- Compared with a year earlier, Asset Utilization Ratio was higher in seven of the last eight quarters, with growth averaging 24.7%.
- The best year-over-year quarter for Asset Utilization Ratio over five years was fiscal Q3 2026 (growth of 47.0%); the worst was fiscal Q3 2023 (a decline of 30.5%).
- Per Business Quant data, ELTP's Asset Utilization Ratio in the three fiscal quarters before Q1 2027 was 1.12 (Q4 2026), 1.15 (Q3 2026) and 1.08 (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,146.94 Bn | 1,115.53 Bn | 19.71 Bn | 0.62 |
| 2 | Johnson & Johnson | 624.96 Bn | 543.49 Bn | 17.26 Bn | 0.49 |
| 3 | AbbVie | 510.15 Bn | 483.27 Bn | 12.70 Bn | 0.47 |
| 4 | Merck | 366.13 Bn | 320.51 Bn | 12.21 Bn | 0.52 |
| 5 | Novartis Ag | 297.75 Bn | 261.74 Bn | 11.24 Bn | 0.46 |
| 6 | Astrazeneca | 261.93 Bn | 235.62 Bn | 12.86 Bn | 0.51 |
| 7 | Amgen | 236.51 Bn | 191.91 Bn | 7.24 Bn | 0.40 |
| 8 | Gilead Sciences | 194.27 Bn | 168.47 Bn | 6.22 Bn | 0.58 |
| 9 | Pfizer | 171.74 Bn | 118.39 Bn | 10.94 Bn | 0.31 |
| 10 | Elite Pharmaceuticals | 258.43 Mn | 140.10 Mn | 13.51 Mn | 1.01 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.01 |
| Mar 31, 2026 | 1.12 |
| Dec 31, 2025 | 1.15 |
| Sep 30, 2025 | 1.08 |
| Jun 30, 2025 | 1.02 |
| Mar 31, 2025 | 0.90 |
| Dec 31, 2024 | 0.78 |
| Sep 30, 2024 | 0.81 |
| Jun 30, 2024 | 0.77 |
| Mar 31, 2024 | 0.72 |
| Dec 31, 2023 | 0.65 |
| Sep 30, 2023 | 0.70 |
| Jun 30, 2023 | 0.81 |
| Mar 31, 2023 | 0.73 |
| Dec 31, 2022 | 0.64 |
| Mar 31, 2022 | 0.96 |
| Dec 31, 2021 | 0.93 |
| Sep 30, 2021 | 0.86 |
| Jun 30, 2021 | 0.89 |
| Mar 31, 2021 | 0.93 |
Elite Pharmaceuticals Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ELTP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "ELTP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ELTP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();