Electrovaya (ELVA) Non-Current Debt (2022 - 2026)
Electrovaya's (ELVA) quarterly Non-Current Debt came in at $38.3 million in Q2 2026, up 103.17% year-over-year from $18.8 million in Q2 2025, and up 19.83% quarter-over-quarter from $31.9 million in Q1 2026.
Analysis
Electrovaya (ELVA) Non-Current Debt (2022 - 2026) Analysis & Trends
Electrovaya (ELVA) has reported Non-Current Debt for 5 consecutive years, with $38.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Non-Current Debt rose 103.17% year-over-year to $38.3 million in Q2 2026; TTM through Jun 2026 was $38.3 million, a 103.17% increase from a year earlier, with the FY2025 full-year figure at $20.7 million, up 3896.92% from the prior year.
- Non-Current Debt was $38.3 million for Q2 2026 at Electrovaya, up from $31.9 million in the prior quarter.
- Over five years, Non-Current Debt peaked at $38.3 million in Q2 2026 and troughed at $8693.0 in Q2 2024.
- A 5-year average of $13.1 million and a median of $8.7 million in 2022 frame the typical range for Non-Current Debt.
- Across the five-year window, Non-Current Debt plunged 99.15% in 2024 and jumped 216557.08% in 2025, its largest moves.
- Over 5 years, Non-Current Debt stood at $4.4 million in 2022, then sank by 76.48% to $1.0 million in 2023, then slumped by 49.42% to $519000.0 in 2024, then soared by 5152.99% to $27.3 million in 2025, then surged by 40.36% to $38.3 million in 2026.
- The last three Non-Current Debt figures came in at $38.3 million (Q2 2026), $31.9 million (Q1 2026), and $27.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.44 Bn | 5.91 Bn | 313.36 Mn | 1.01 Bn |
| 2 | QuantumScape | 3.18 Bn | 3.18 Bn | - | - |
| 3 | Eos Energy Enterprises | 1.36 Bn | 1.01 Bn | -48.80 Mn | 453.84 Mn |
| 4 | Fluence Energy | 1.35 Bn | 780.35 Mn | 33.24 Mn | - |
| 5 | Energy Vault Holdings | 742.69 Mn | 635.34 Mn | 5.38 Mn | 264.20 Mn |
| 6 | Enovix | 685.00 Mn | 685.00 Mn | 1.30 Mn | 521.21 Mn |
| 7 | Amprius Technologies | 431.84 Mn | 357.33 Mn | 9.28 Mn | - |
| 8 | Electrovaya | 261.82 Mn | 248.74 Mn | 6.19 Mn | 38.27 Mn |
| 9 | Microvast Holdings | 213.45 Mn | 70.32 Mn | 25.78 Mn | 14.44 Mn |
| 10 | Ses Ai | 171.22 Mn | 171.22 Mn | 1.15 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.27 Mn |
| Mar 31, 2026 | 31.93 Mn |
| Dec 31, 2025 | 27.26 Mn |
| Sep 30, 2025 | 20.74 Mn |
| Jun 30, 2025 | 18.83 Mn |
| Mar 31, 2025 | 13.09 Mn |
| Sep 30, 2024 | 519,000.00 |
| Jun 30, 2024 | 8,693.00 |
| Mar 31, 2024 | 519,000.00 |
| Sep 30, 2023 | 1.03 Mn |
| Jun 30, 2023 | 1.02 Mn |
| Sep 30, 2022 | 4.36 Mn |