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| Date | Value |
|---|---|
| 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 |