Elite Pharmaceuticals Inc (ELTP)

[dr_lowenstein]

if EV is important and pps does not matter, how do I square this:


Formula and Calculation for EV

EV=MC+Total Debt-C
where:
MC=Market capitalization; equal to the current stock
price multiplied by the number of outstanding stock shares
Total debt=Equal to the sum of short-term and
long-term debt
C=Cash and cash equivalents; the liquid assets of
a company, but may not include marketable securities
?

hmmmm seems pps is important after all. LOL