Elite Pharmaceuticals (ELTP) Debt Ratio (2011 - 2026)
Elite Pharmaceuticals' (ELTP) Debt Ratio was 0.02 for fiscal Q1 2027 (quarter ended Jun 30, 2026), down 23.1% from 0.02 a year earlier and down 2.0% from the prior quarter.
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Analysis
Elite Pharmaceuticals (ELTP) Debt Ratio (2011 - 2026) Analysis & Trends
Dating back to fiscal Q4 2011, Elite Pharmaceuticals' Debt Ratio record includes 61 quarters.
- Debt Ratio has declined for three consecutive fiscal years.
- By fiscal year, Debt Ratio came in at 0.02 in FY2025 (-19.2%), 0.03 in FY2024 (-54.4%), 0.07 in FY2023 (+68.6%) and 0.04 in FY2022 (-33.3%).
- The fiscal Q1 2027 figure ranks as the lowest quarterly Debt Ratio in data going back to fiscal Q4 2011.
- Year over year, Debt Ratio has now declined in each of the last 12 quarters, with an average decline of 26.6% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was fiscal Q3 2023 (growth of 540.9%); the low point was fiscal Q3 2024 (a decline of 87.9%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 0.02 (Q4 2026), 0.02 (Q3 2026) and 0.02 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,146.94 Bn | 1,115.53 Bn | 19.71 Bn | 0.39 |
| 2 | Johnson & Johnson | 624.96 Bn | 543.49 Bn | 17.26 Bn | 0.24 |
| 3 | AbbVie | 510.15 Bn | 483.27 Bn | 12.70 Bn | 0.52 |
| 4 | Merck | 366.13 Bn | 320.51 Bn | 12.21 Bn | 0.42 |
| 5 | Novartis Ag | 297.75 Bn | 261.74 Bn | 11.24 Bn | 0.08 |
| 6 | Astrazeneca | 261.93 Bn | 235.62 Bn | 12.86 Bn | 0.28 |
| 7 | Amgen | 236.51 Bn | 191.91 Bn | 7.24 Bn | 0.60 |
| 8 | Gilead Sciences | 194.27 Bn | 168.47 Bn | 6.22 Bn | 0.53 |
| 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 | 0.02 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.02 |
| Mar 31, 2026 | 0.02 |
| Dec 31, 2025 | 0.02 |
| Sep 30, 2025 | 0.02 |
| Jun 30, 2025 | 0.02 |
| Mar 31, 2025 | 0.03 |
| Dec 31, 2024 | 0.03 |
| Sep 30, 2024 | 0.03 |
| Jun 30, 2024 | 0.03 |
| Mar 31, 2024 | 0.03 |
| Dec 31, 2023 | 0.04 |
| Sep 30, 2023 | 0.04 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | 0.07 |
| Dec 31, 2022 | 0.29 |
| Sep 30, 2022 | 0.30 |
| Mar 31, 2022 | 0.04 |
| Dec 31, 2021 | 0.05 |
| Sep 30, 2021 | 0.05 |
| Jun 30, 2021 | 0.06 |
API Access
Elite Pharmaceuticals Debt 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=debt-ratio&ticker=ELTP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=ELTP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();