Electrovaya (ELVA) Times Interest Earned (2022 - 2026)
Electrovaya (ELVA) posted quarterly Times Interest Earned of $9.62 for Q1 2026, up 257.69% year-over-year from $2.69 in Q1 2025, and up 114.04% quarter-over-quarter from $4.5 in Q4 2025.
Electrovaya (ELVA) Times Interest Earned (2022 - 2026) Analysis & Trends
Electrovaya (ELVA) has reported Times Interest Earned for 5 consecutive years, with $9.62 the latest figure, recorded in Q1 2026.
- In Q1 2026, Times Interest Earned rose 257.69% year-over-year to $9.62; the TTM figure through Mar 2026 stood at $5.98 (up 168.84% YoY), while the FY2025 annual figure was $2.61, up 699.7% from the prior year.
- Times Interest Earned improved to $9.62 in Q1 2026 per ELVA's latest filing, from $4.5 in the prior quarter.
- Across five years, Times Interest Earned topped out at $12.04 in Q3 2025 and bottomed at -$2.76 in Q2 2022.
- Historically, Times Interest Earned has averaged $2.35 across 5 years, with a median of $0.49 in 2024.
- Annual changes were most pronounced in 2023 — Times Interest Earned surged 7225.75% — and 2024, when it sank 104.23%.
- Electrovaya's Times Interest Earned stood at $0.14 in 2022, then plunged by 265.35% to -$0.23 in 2023, then surged by 307.63% to $0.49 in 2024, then surged by 824.43% to $4.5 in 2025, then jumped by 114.04% to $9.62 in 2026.
- Business Quant data shows ELVA's Times Interest Earned at $9.62 in Q1 2026, $4.5 in Q4 2025, and $12.04 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 36.66 |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 20.46 |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | - |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 231.31 |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 28.82 |
| 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 | 14.29 |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | -3.80 |
| 10 | Electrovaya | 326.66 Mn | 303.12 Mn | 6.04 Mn | 4.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.62 |
| Dec 31, 2025 | 4.50 |
| Sep 30, 2025 | 12.04 |
| Jun 30, 2025 | 3.32 |
| Mar 31, 2025 | 2.69 |
| Dec 13, 2024 | 0.49 |
| Sep 30, 2024 | -0.44 |
| Jun 30, 2024 | -1.64 |
| Mar 31, 2024 | 1.58 |
| Dec 31, 2023 | -0.23 |
| Sep 30, 2023 | 10.38 |
| Jun 30, 2023 | -1.82 |
| Mar 31, 2023 | -2.64 |
| Sep 30, 2022 | 0.14 |
| Jun 30, 2022 | -2.76 |