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
DateValue
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