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ELTP

Elite Pharmaceuticals, Inc.
CIK 0001053369 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
100.0
composite ยท 2 signals ยท CLEAN

Every card below shows the score and the exact filing data it was computed from โ€” no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded โ€” never a guess.

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Signals

P-13 ยท FY 2024-03-31 ยท ELEVATED20.0

Zombie / distress

[FY2024 data, stale โ€” no more recent EBIT figure in XBRL] Altman Z'' 0.76 in the distress zone
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-06-30) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2026-03-31": null,
    "2025-03-31": null,
    "2024-03-31": 18.329,
    "2023-03-31": 3.304
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 0.765,
  "definitions": {
    "zombie": "ICR<1 for 3+ consecutive FYs (BIS 2018)",
    "z_distress": "<1.1 distress, 1.1-2.6 gray, >2.6 safe"
  },
  "inputs": {
    "ebit_t": 10788769,
    "interest_expense_t": 588622
  },
  "stale": true,
  "latest_filing_period": "2026-03-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1053369/000164117225017134/0001641172-25-017134-index.htm",
    "form": "10-K",
    "filed": "2025-06-30"
  }
}
P-05 ยท FY 2026-03-31 ยท CLEAN100.0

Tax arbitrage

ETR 21.0% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-06-29) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2026-03-31": 0.2102,
    "2024-03-31": -42.4225
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2026-03-31": -0.0002,
    "2024-03-31": 42.6325
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2026-03-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1053369/000149315226031070/0001493152-26-031070-index.htm",
    "form": "10-K",
    "filed": "2026-06-29"
  }
}