Electrovaya (ELVA) Debt Ratio (2023 - 2026)
Electrovaya (ELVA) reported Debt Ratio of 0.3 for Q1 2026, up 3.63% year-over-year from 0.29 in Q1 2025, and up 10.39% quarter-over-quarter from 0.27 in Q4 2025.
Electrovaya (ELVA) Debt Ratio (2023 - 2026) Analysis & Trends
Electrovaya (ELVA) has 4 years of Debt Ratio data on file, last reported at 0.3 in Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.3, up 3.63% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.3 (up 3.63% YoY), and the FY2025 annual result was 0.33, up 8222.48% from the prior year.
- Debt Ratio climbed to 0.3 in Q1 2026 per ELVA's latest filing, from 0.27 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.35 in Q2 2025 and troughed at 0.0 in Q3 2024.
- A 4-year average of 0.23 and a median of 0.29 in 2025 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2024 and 2025: Debt Ratio tumbled 90.37% in 2024, then jumped 8222.48% in 2025.
- A 4-year view of Debt Ratio shows it stood at 0.04 in 2023, then plunged by 90.37% to 0.0 in 2024, then soared by 6848.95% to 0.27 in 2025, then advanced by 10.39% to 0.3 in 2026.
- Business Quant data shows ELVA's Debt Ratio at 0.3 in Q1 2026, 0.27 in Q4 2025, and 0.33 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | 0.33 |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 0.22 |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | - |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 0.22 |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 0.31 |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 0.22 |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | - |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | - |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 0.15 |
| 10 | Electrovaya | 192,800.01 | -23.34 Mn | 6.04 Mn | 0.30 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.30 |
| Dec 31, 2025 | 0.27 |
| Sep 30, 2025 | 0.33 |
| Jun 30, 2025 | 0.35 |
| Mar 31, 2025 | 0.29 |
| Sep 30, 2024 | 0.00 |
| Sep 30, 2023 | 0.04 |