Electrovaya (ELVA) Interest Coverage Ratio (2022 - 2026)
Electrovaya's Interest Coverage Ratio came in at 2.06 for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 38.0% from 3.32 a year earlier and down 48.7% from the prior quarter.
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Analysis
Electrovaya (ELVA) Interest Coverage Ratio (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Electrovaya reported Interest Coverage Ratio of 2.15, up 170.3% year-over-year; for FY2025 (ended Sep 30, 2025), it was 1.51, up 463.6% from FY2024.
- Going back by fiscal year, Interest Coverage Ratio was 0.27 in FY2024 (+10.2%), 0.24 in FY2023 and -2.39 in FY2022.
- The five-year range for quarterly Interest Coverage Ratio is -2.76 (fiscal Q3 2022) to 4.01 (fiscal Q2 2026).
- Year-over-year, Interest Coverage Ratio increased in four of the last five quarters, with growth averaging 423.6%.
- Business Quant data shows ELVA's Interest Coverage Ratio at 4.01 (Q2 2026), 3.06 (Q1 2026) and 1.36 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 8.95 |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 20.46 |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 80.96 |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 21.60 |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 12.54 |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | - |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 14.29 |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 157.55 |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 2.13 |
| 10 | Electrovaya | 274.55 Mn | 212.05 Mn | 6.19 Mn | 2.06 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.06 |
| Mar 31, 2026 | 4.01 |
| Dec 31, 2025 | 3.06 |
| Sep 30, 2025 | 1.36 |
| Jun 30, 2025 | 3.32 |
| Mar 31, 2025 | 2.21 |
| Dec 13, 2024 | 0.31 |
| Sep 30, 2024 | -0.72 |
| Jun 30, 2024 | 0.37 |
| Mar 31, 2024 | 0.45 |
| Dec 31, 2023 | -0.21 |
| Sep 30, 2023 | 2.91 |
| Jun 30, 2023 | 0.12 |
| Sep 30, 2022 | -1.18 |
| Jun 30, 2022 | -2.76 |
API Access
Electrovaya Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=ELVA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "ELVA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=ELVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();