Elite Pharmaceuticals (ELTP) Interest Coverage Ratio (2010 - 2026)
Elite Pharmaceuticals' (ELTP) Interest Coverage Ratio stood at 103.00 in fiscal Q1 2027 (quarter ended Jun 30, 2026), down 24.6% from 136.54 a year earlier.
Elite Pharmaceuticals (ELTP) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
On a TTM basis, Elite Pharmaceuticals' Interest Coverage Ratio came in at 69.42 as of Jun 30, 2026, up 26.2% year-over-year; for FY2026 (ended Mar 31, 2026), it was 123.82, up 387.9% from FY2025.
- Annual Interest Coverage Ratio has increased for three straight fiscal years.
- Across earlier fiscal years, Interest Coverage Ratio came in at 25.38 in FY2025 (+38.5%), 18.33 in FY2024 (+454.8%), 3.30 in FY2023 (-87.5%) and 26.44 in FY2022 (+226.1%).
- Quarterly Interest Coverage Ratio has ranged from -1.17 in fiscal Q4 2023 to 136.54 in fiscal Q1 2026 over the past five years.
- On a year-over-year basis, Interest Coverage Ratio rose in three of the last six quarters, with growth averaging 262.7%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 786.2% in fiscal Q1 2026, against a decline of 87.6% in fiscal Q3 2023 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,146.94 Bn | 1,115.53 Bn | 19.71 Bn | - |
| 2 | Johnson & Johnson | 624.96 Bn | 543.49 Bn | 17.26 Bn | 25.41 |
| 3 | AbbVie | 510.15 Bn | 483.27 Bn | 12.70 Bn | - |
| 4 | Merck | 366.13 Bn | 320.51 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 297.75 Bn | 261.74 Bn | 11.24 Bn | 10.28 |
| 6 | Astrazeneca | 261.93 Bn | 235.62 Bn | 12.86 Bn | 7.27 |
| 7 | Amgen | 236.51 Bn | 191.91 Bn | 7.24 Bn | 5.22 |
| 8 | Gilead Sciences | 194.27 Bn | 168.47 Bn | 6.22 Bn | -42.08 |
| 9 | Pfizer | 171.74 Bn | 118.39 Bn | 10.94 Bn | - |
| 10 | Elite Pharmaceuticals | 258.43 Mn | 140.10 Mn | 13.51 Mn | 103.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 103.00 |
| Sep 30, 2025 | 99.60 |
| Jun 30, 2025 | 136.54 |
| Mar 31, 2025 | 59.06 |
| Dec 31, 2024 | 14.15 |
| Sep 30, 2024 | 13.66 |
| Jun 30, 2024 | 15.41 |
| Mar 31, 2024 | 17.17 |
| Dec 31, 2023 | 29.04 |
| Sep 30, 2023 | 14.76 |
| Jun 30, 2023 | 13.42 |
| Mar 31, 2023 | -1.17 |
| Dec 31, 2022 | 6.07 |
| Sep 30, 2022 | 4.45 |
| Jun 30, 2022 | 4.72 |
| Mar 31, 2022 | 13.01 |
| Dec 31, 2021 | 48.97 |
| Sep 30, 2021 | 33.02 |
| Jun 30, 2021 | 21.03 |
| Mar 31, 2021 | -51.47 |
Elite Pharmaceuticals Interest Coverage 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=interest-coverage-ratio&ticker=ELTP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=ELTP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();