Electrovaya ELVA
NASDAQ ELVA
$6.64 -0.04 (-0.60%)
At close: Aug 21, 2026 · 4:00 PM EDT

Electrovaya (ELVA) Non Operating Interest Expenses (2022 - 2024)

Electrovaya (ELVA) posted quarterly Non Operating Interest Expenses of $2.5 million for Q4 2024, up 594.94% quarter-over-quarter from $356000.0 in Q3 2024.

Electrovaya (ELVA) Non Operating Interest Expenses (2022 - 2024) Analysis & Trends

Electrovaya (ELVA) has reported Non Operating Interest Expenses for 3 consecutive years, with $2.5 million the latest figure, recorded in Q4 2024.

  • In Q4 2024, Non Operating Interest Expenses changed N/A year-over-year to $2.5 million; the TTM figure through Dec 2024 stood at $5.5 million (changed N/A YoY), while the FY2024 annual figure was $356000.0, changed N/A from the prior year.
  • Non Operating Interest Expenses rose to $2.5 million in Q4 2024 per ELVA's latest filing, from $356000.0 in the prior quarter.
  • Across five years, Non Operating Interest Expenses topped out at $2.5 million in Q4 2024 and bottomed at $356000.0 in Q3 2024.
  • Historically, Non Operating Interest Expenses has averaged $1.1 million across 3 years, with a median of $1.0 million in 2023.
  • Annual changes were most pronounced in 2023 — Non Operating Interest Expenses retreated 16.72% — and 2024, when it jumped 196.33%.
  • Electrovaya's Non Operating Interest Expenses stood at $622000.0 in 2022, then surged by 68.01% to $1.0 million in 2023, then jumped by 136.75% to $2.5 million in 2024.
  • Business Quant data shows ELVA's Non Operating 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) Non Operating Interest Expenses (Qtr)
1 Vertiv Holdings 100.83 Bn 97.72 Bn 1.23 Bn 17.40 Mn
2 Bloom Energy 57.56 Bn 54.89 Bn 355.57 Mn 8.91 Mn
3 Hubbell 24.89 Bn 24.50 Bn 613.00 Mn -
4 nVent Electric 24.60 Bn 24.35 Bn 558.00 Mn 1.30 Mn
5 Advanced Energy Industries 11.11 Bn 9.69 Bn 236.10 Mn 3.30 Mn
6 Acuity Inc. (De) 10.38 Bn 9.97 Bn 606.40 Mn -
7 Powell Industries 7.20 Bn 6.57 Bn 95.30 Mn -
8 EnerSys 6.92 Bn 6.39 Bn 313.36 Mn 10.60 Mn
9 Plug Power 3.17 Bn 2.85 Bn -1.68 Mn 16.89 Mn
10 Electrovaya 326.66 Mn 303.12 Mn 6.04 Mn -

Historic Data

Download Data
DateValue
Dec 13, 2024 2.47 Mn
Sep 30, 2024 356,000.00
Jun 30, 2024 1.54 Mn
Mar 31, 2024 1.12 Mn
Dec 31, 2023 1.05 Mn
Jun 30, 2023 518,000.00
Jun 30, 2022 622,000.00