Elite Pharmaceuticals Inc (ELTP)

[no2koolaid]

Additionally a current ratio is insufficient.

Really? How so? Based on what? Your acid test ratio is really better known in finance as a quick ratio. You know...Current assets minus inventory divided by liabilities. And, the discussion of mark to market is not only misleading it is irrelevant to a quick ratio analysis. But, it was used by Enron so it must be a good idea for analysis; just explain how. By the way, did I mention I have a doctorate degree in business with a focus on strategy, so the finance stuff I understand better than most? But, it does not take more than a little inquiry to see the Elite financials, including their increasing YOY revenues, are solid. It is there in black & white...PERIOD