Electrovaya (ELVA) Debt to Equity (2023 - 2026)
Electrovaya (ELVA) reported Debt to Equity of $0.51 for Q1 2026, down 24.21% on a QoQ basis from $0.67 in Q3 2025.
Electrovaya (ELVA) has 2 years of Debt to Equity data on file, last reported at $0.51 in Q1 2026.
- Quarterly Debt to Equity changed N/A year-over-year to $0.51 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $0.51 (changed N/A YoY) and the FY2025 annual result came in at $0.67, changed N/A from the prior year.
- Debt to Equity fell to $0.51 in Q1 2026 per ELVA's latest filing, from $0.67 in the prior quarter.
- Across five years, Debt to Equity topped out at $0.67 in Q3 2025 and bottomed at $0.51 in Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 0.69 |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | - |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 0.41 |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 0.68 |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 0.41 |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | - |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 0.25 |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 0.58 |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 0.09 |
| 10 | Electrovaya | 1.84 Bn | 1.82 Bn | 6.04 Mn | 0.51 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.51 |
| Sep 30, 2025 | 0.67 |
| Dec 31, 2024 | 0.01 |
| Sep 30, 2024 | 0.02 |
| Sep 30, 2023 | 0.21 |