Electrovaya (ELVA) Equity Ratio (2021 - 2026)

Electrovaya (ELVA) reported Equity Ratio of 0.59 for Q1 2026, up 21.61% on a QoQ basis from 0.49 in Q3 2025.

Electrovaya (ELVA) has 6 years of Equity Ratio data on file, last reported at 0.59 in Q1 2026.

  • Quarterly Equity Ratio changed N/A year-over-year to 0.59 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.59 (changed N/A YoY) and the FY2025 annual result came in at 0.49, up 123.92% from the prior year.
  • Equity Ratio improved to 0.59 in Q1 2026 per ELVA's latest filing, from 0.49 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.59 in Q1 2026 and bottomed at 0.3 in Q3 2022.
  • The 5-year median for Equity Ratio is 0.22 (2024), against an average of 0.24.
  • The widest annual swing landed in 2022, when Equity Ratio sank 166.93%; it then surged 164.75% in 2023.
  • Tracing ELVA's Equity Ratio over 5 years: stood at 0.3 in 2022, then surged by 164.75% to 0.2 in 2023, then gained by 11.11% to 0.22 in 2024, then surged by 123.92% to 0.49 in 2025, then increased by 21.61% to 0.59 in 2026.
  • Per Business Quant, the three latest ELVA Equity Ratio figures stand at 0.59 (Q1 2026), 0.49 (Q3 2025), and 0.22 (Q3 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 0.32
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 0.20
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 0.55
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 0.45
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 0.53
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 0.60
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 0.62
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 0.48
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 0.33
10 Electrovaya 1.84 Bn 1.82 Bn 6.04 Mn 0.59

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 0.59
Sep 30, 2025 0.49
Dec 31, 2024 0.26
Sep 30, 2024 0.22
Sep 30, 2023 0.20
Sep 30, 2022 -0.30
Oct 1, 2021 -0.11