Electrovaya (ELVA) Interest Expenses (2022 - 2024)
Electrovaya (ELVA) reported Interest Expenses of $2.5 million for Q4 2024, up 594.94% quarter-over-quarter from $356000.0 in Q3 2024.
Electrovaya (ELVA) Interest Expenses (2022 - 2024) Analysis & Trends
Electrovaya (ELVA) has 3 years of Interest Expenses data on file, last reported at $2.5 million in Q4 2024.
- Interest Expenses for Q4 2024 came in at $2.5 million, changed N/A year-over-year; the trailing twelve-month figure through Sep 2025 was $2.5 million (down 38.96% YoY), and the FY2024 annual result was $356000.0, changed N/A from the prior year.
- Interest Expenses advanced to $2.5 million in Q4 2024 per ELVA's latest filing, from $356000.0 in the prior quarter.
- Over five years, Interest Expenses peaked at $2.5 million in Q4 2024 and troughed at $356000.0 in Q3 2024.
- A 3-year average of $1.1 million and a median of $1.0 million in 2023 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2023 and 2024: Interest Expenses retreated 16.72% in 2023, then jumped 196.33% in 2024.
- A 3-year view of Interest Expenses shows it stood at $622000.0 in 2022, then jumped by 68.01% to $1.0 million in 2023, then soared by 136.75% to $2.5 million in 2024.
- Business Quant data shows ELVA's Interest Expenses at $2.5 million in Q4 2024, $356000.0 in Q3 2024, and $1.5 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | -4.40 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 8.60 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 1.30 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | - |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 4.10 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | - |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 451,000.00 |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | - |
| 10 | Electrovaya | 192,800.01 | -23.34 Mn | 6.04 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 13, 2024 | 2.47 Mn |
| Dec 13, 2024 | 2.47 Mn |
| Sep 30, 2024 | 356,000.00 |
| Sep 30, 2024 | 356,000.00 |
| Jun 30, 2024 | 1.54 Mn |
| Jun 30, 2024 | 1.54 Mn |
| Mar 31, 2024 | 1.12 Mn |
| Mar 31, 2024 | 1.12 Mn |
| Dec 31, 2023 | 1.05 Mn |
| Dec 31, 2023 | 1.05 Mn |
| Jun 30, 2023 | 518,000.00 |
| Jun 30, 2023 | 518,000.00 |
| Jun 30, 2022 | 622,000.00 |
| Jun 30, 2022 | 622,000.00 |