Electrovaya (ELVA) Interest Coverage Ratio (2022 - 2026)

Electrovaya's (ELVA) quarterly Interest Coverage Ratio came in at 9.62 in Q1 2026, up 257.69% year-on-year from 2.69 in Q1 2025, and up 114.04% on a QoQ basis from 4.5 in Q4 2025.

Electrovaya (ELVA) Interest Coverage Ratio (2022 - 2026) Analysis & Trends

Electrovaya (ELVA) has 5 years of Interest Coverage Ratio data on file, last reported at 9.62 in Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 257.69% year-over-year to 9.62 in Q1 2026; TTM through Mar 2026 was 15.38, a 528.21% decrease from a year earlier, with the FY2025 full-year figure at 11.74, up 22.36% from the prior year.
  • Interest Coverage Ratio for Q1 2026 stood at 9.62, up from 4.5 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for ELVA reached as high as 10.38 in Q3 2023 and fell as low as 2.76 in Q2 2022.
  • Historically, Interest Coverage Ratio has averaged 1.55 across 5 years, with a median of 0.23 in 2023.
  • On a YoY basis, Interest Coverage Ratio climbed as much as 850.33% in 2025 and fell as far as 325.43% in 2025.
  • Year by year, Interest Coverage Ratio stood at 1.83 in 2022, then jumped by 87.18% to 0.23 in 2023, then surged by 1199.08% to 2.57 in 2024, then soared by 74.64% to 4.5 in 2025, then soared by 114.04% to 9.62 in 2026.
  • Per Business Quant data, the three most recent Interest Coverage Ratio figures were 9.62 in Q1 2026, 4.5 in Q4 2025, and 1.48 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 9.62
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 10.28
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 0.11
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 2.70
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 1.82
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 1.71
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 24.78
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 8.68
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn -16.03
10 Hayward Holdings 3.13 Bn 2.90 Bn 118.70 Mn 4.59

Historic Data

Download Data
DateValue
Mar 31, 2026 9.62
Dec 31, 2025 4.50
Sep 30, 2025 -1.48
Jun 30, 2025 3.52
Mar 31, 2025 2.69
Dec 13, 2024 2.57
Sep 30, 2024 -0.35
Jun 30, 2024 -0.47
Mar 31, 2024 1.58
Dec 31, 2023 -0.23
Sep 30, 2023 10.38
Jun 30, 2023 -1.82
Mar 31, 2023 -2.64
Sep 30, 2022 -1.83
Jun 30, 2022 -2.76