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
DateValue
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