Elite Pharmaceuticals Inc (ELTP)

[namtae]

Here's what the problem with that is.

The problem with that is what?

Using a ratio which indicates Elites ability to service its short term obligations is light years away from being characterized as a metric which measures managements fiscal management. It's one of MANY!!

This is > 1.0 that is the benchmark against which companies fiscal management is measured.

The above statement of analysis is simply ridiculous

Managements performance is measured by many, many metrics, both financially and non-financial. The current ratio is just one of those. Others are profitability ratios, asset efficiencies, employee satisfaction, quality metrics etc and of course, share price/valuation which one way or another affects all the above

PERIOD!