Electrovaya (ELVA) Equity Ratio (2021 - 2026)
Electrovaya (ELVA) reported Equity Ratio of 1.6 for Q1 2026, up 156.24% year-over-year from 0.62 in Q1 2025, and down 2.26% quarter-over-quarter from 1.63 in Q4 2025.
Electrovaya (ELVA) Equity Ratio (2021 - 2026) Analysis & Trends
Electrovaya (ELVA) has 6 years of Equity Ratio data on file, last reported at 1.6 in Q1 2026.
- Equity Ratio for Q1 2026 came in at 1.6, up 156.24% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.6 (up 156.24% YoY), and the FY2025 annual result was 0.49, up 123.92% from the prior year.
- Equity Ratio slipped to 1.6 in Q1 2026 per ELVA's latest filing, from 1.63 in the prior quarter.
- Over five years, Equity Ratio peaked at 1.63 in Q4 2025 and troughed at 4.02 in Q2 2023.
- A 5-year average of 0.72 and a median of 0.2 in 2023 frame the typical range for Equity Ratio.
- The sharpest annual moves came in 2022 and 2023: Equity Ratio tumbled 166.93% in 2022, then jumped 164.75% in 2023.
- A 5-year view of Equity Ratio shows it stood at 0.3 in 2022, then jumped by 164.75% to 0.2 in 2023, then climbed by 11.11% to 0.22 in 2024, then soared by 650.6% to 1.63 in 2025, then retreated by 2.26% to 1.6 in 2026.
- Business Quant data shows ELVA's Equity Ratio at 1.6 in Q1 2026, 1.63 in Q4 2025, and 0.49 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | 0.57 |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 0.32 |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 0.20 |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 0.55 |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 0.45 |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 0.53 |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 0.60 |
| 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 | 0.62 |
| 10 | Electrovaya | 192,800.01 | -23.34 Mn | 6.04 Mn | 1.60 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.60 |
| Dec 31, 2025 | 1.63 |
| Sep 30, 2025 | 0.49 |
| Mar 31, 2025 | -2.84 |
| Sep 30, 2024 | 0.22 |
| Mar 31, 2024 | -3.43 |
| Sep 30, 2023 | 0.20 |
| Jun 30, 2023 | -4.02 |
| Sep 30, 2022 | -0.30 |
| Oct 1, 2021 | -0.11 |