Electrovaya (ELVA) Debt Ratio (2023 - 2026)
Electrovaya (ELVA) posted quarterly Debt Ratio of 0.3 for Q1 2026, up 4.52% 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 reported Debt Ratio for 4 consecutive years, with 0.3 the latest figure, recorded in Q1 2026.
- In Q1 2026, Debt Ratio rose 4.52% year-over-year to 0.3; the TTM figure through Mar 2026 stood at 0.3 (up 4.52% YoY), while the FY2025 annual figure was 0.32, up 685.95% from the prior year.
- Debt Ratio grew to 0.3 in Q1 2026 per ELVA's latest filing, from 0.27 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.35 in Q2 2025 and bottomed at 0.04 in Q3 2024.
- Historically, Debt Ratio has averaged 0.24 across 4 years, with a median of 0.29 in 2025.
- Annual changes were most pronounced in 2024 — Debt Ratio plunged 56.39% — and 2025, when it soared 685.95%.
- Electrovaya's Debt Ratio stood at 0.09 in 2023, then slumped by 56.39% to 0.04 in 2024, then soared by 560.79% to 0.27 in 2025, then climbed 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 0.32 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 0.18 |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 0.00 |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 0.21 |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 0.45 |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 0.37 |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 0.15 |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | - |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 0.26 |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 0.31 |
| 10 | Electrovaya | 328.13 Mn | 304.60 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 | 0.32 |
| Jun 30, 2025 | 0.35 |
| Mar 31, 2025 | 0.29 |
| Sep 30, 2024 | 0.04 |
| Sep 30, 2023 | 0.09 |