Electrovaya (ELVA) Debt Ratio (2021 - 2026)

Electrovaya (ELVA) has reported Debt Ratio for 6 consecutive years, with 0.32 the latest figure, recorded in Q2 2026.

• On a quarterly basis, Debt Ratio fell 7.65% year-over-year to 0.32 in Q2 2026; TTM through Jun 2026 was 0.32, a 7.65% decrease from a year earlier, with the FY2025 full-year figure at 0.32, up 496.13% from the prior year.
• Debt Ratio was 0.32 for Q2 2026 at Electrovaya, up from 0.3 in the prior quarter.
• Over five years, Debt Ratio peaked at 0.35 in Q2 2025 and troughed at 0.05 in Q3 2024.
• A 5-year average of 0.24 and a median of 0.28 in 2022 frame the typical range for Debt Ratio.
• Across the five-year window, Debt Ratio tumbled 99.56% in 2022 and jumped 496.13% in 2025, its largest moves.
• Over 5 years, Debt Ratio stood at 0.28 in 2022, then retreated by 21.53% to 0.22 in 2023, then slumped by 74.97% to 0.05 in 2024, then surged by 401.2% to 0.27 in 2025, then increased by 18.35% to 0.32 in 2026.
• The last three Debt Ratio figures came in at 0.32 (Q2 2026), 0.3 (Q1 2026), and 0.27 (Q4 2025), per Business Quant data.