Elite Pharmaceuticals Inc (ELTP): Well it was better then the current rati...

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Re: no2koolaid post# 236209

Wednesday, 12/14/2016 12:35:32 AM

Wednesday, December 14, 2016 12:35:32 AM

Well it was better then the current ratio. I ran most of the stress testing for Basel and know how easy it is to implode such a simplistic measure. Quick or acid test in name is meaningless. As your degree may have taught you they eliminate assets which have no true liquidity.

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