Elite Naturel Organik Gidanayi ve Ticaret AS has a current ratio of 3.15. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
IST:ELITE's Current Ratio is ranked better than 77.97% of 118
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.785
vs IST:ELITE: 3.15
Elite Naturel Organik Gidanayi ve Ticaret AS (IST:ELITE) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Elite Naturel Organik Gidanayi ve Ticaret AS Current Ratio Related Terms
Elite Naturel Organik Gidanayi ve Ticaret AS Current Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Elite Naturel Organik Gidanayi ve Ticaret AS Current Ratio Chart
Elite Naturel Organik Gidanayi ve Ticaret AS Annual Data
IST:ELITE vs KO, PEP, MNST: Current Ratio Comparison
For the Beverages - Non-Alcoholic subindustry, Elite Naturel Organik Gidanayi ve Ticaret AS's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Elite Naturel Organik Gidanayi ve Ticaret AS Current Ratio vs Beverages - Non-Alcoholic Industry
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Elite Naturel Organik Gidanayi ve Ticaret AS (IST:ELITE) has a Current Ratio of 3.15 as of Mar. 2026. This is 18% above median its historical median of 2.66. Over the past decade, Elite Naturel Organik Gidanayi ve Ticaret AS's Current Ratio has ranged from 1.44 to 3.81. According to the industry distribution chart, Elite Naturel Organik Gidanayi ve Ticaret AS ranks #26 out of 118 companies in the Beverages - Non-Alcoholic industry, placing it in the top 22%.
Is Elite Naturel Organik Gidanayi ve Ticaret AS's Current Ratio too high?
Elite Naturel Organik Gidanayi ve Ticaret AS's current Current Ratio of 3.15 is 18% above median its 10-year median of 2.66. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 3.81. The Beverages - Non-Alcoholic industry median Current Ratio is 1.79. Elite Naturel Organik Gidanayi ve Ticaret AS's value of 3.15 is 76.5% above this industry median. Based on the distribution chart, Elite Naturel Organik Gidanayi ve Ticaret AS ranks #26 out of 118 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Elite Naturel Organik Gidanayi ve Ticaret AS has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elite Naturel Organik Gidanayi ve Ticaret AS's Current Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Elite Naturel Organik Gidanayi ve Ticaret AS ranks #26 out of 118 companies for Current Ratio. This places Elite Naturel Organik Gidanayi ve Ticaret AS in the top 22% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.79. Elite Naturel Organik Gidanayi ve Ticaret AS's value of 3.15 is 76.5% above this benchmark. Historically, Elite Naturel Organik Gidanayi ve Ticaret AS's own Current Ratio has ranged from 1.44 to 3.81 over the past decade. While the company's 10-year median is 2.66 vs. the industry median of 1.79, Elite Naturel Organik Gidanayi ve Ticaret AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Beverages - Non-Alcoholic company?
The median Current Ratio among Beverages - Non-Alcoholic companies is 1.79, based on 118 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elite Naturel Organik Gidanayi ve Ticaret AS's current Current Ratio of 3.15 is 76.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Beverages - Non-Alcoholic industry, the median Current Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elite Naturel Organik Gidanayi ve Ticaret AS's current Current Ratio is 3.15, which is 18% above median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elite Naturel Organik Gidanayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Elite Naturel Organik Gidanayi ve Ticaret AS (IST:ELITE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺46.43, compared to a current price of ₺35.76 — trading 23% below its estimated fair value. The current Current Ratio is 3.15, which is 18% above median its 10-year median of 2.66 and 76.5% above the Beverages - Non-Alcoholic industry median of 1.79. Elite Naturel Organik Gidanayi ve Ticaret AS's overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Elite Naturel Organik Gidanayi ve Ticaret AS (IST:ELITE), the current Current Ratio is 3.15 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Elite Naturel Organik Gidanayi ve Ticaret AS (IST:ELITE) Overvalued in 2026?
Based on GuruFocus' analysis, Elite Naturel Organik Gidanayi ve Ticaret AS stock appears to be undervalued.
The current stock price of ₺35.76 is trading 23% below its estimated GF Value™ of ₺46.43.
GuruFocus considers Elite Naturel Organik Gidanayi ve Ticaret AS to be Modestly Undervalued.
Key valuation signals for IST:ELITE:
Current Ratio: 3.15 (18% above median its 10-year median of 2.66)
GF Value™: ₺46.43 vs. price of ₺35.76 (23% below fair value)
Industry Position: 76.5% above the Beverages - Non-Alcoholic median (#26 of 118)
No single metric tells the full story. See the IST:ELITE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elite Naturel Organik Gidanayi ve Ticaret AS Business Description
Elite Naturel Organik Gida Sanayi ve Ticaret AS is engaged in manufacturing of fruit based beverages. Its products include Karadut Sayu, Skinny, Super Chia, Merry Berry, Tropic Breeze, Mor, Turuncu, and Well Greens.
87GF Score
Get the complete analysis for IST:ELITE
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