Electrovaya (ELVA) Times Interest Earned (2022 - 2024)

Electrovaya (ELVA) reported Times Interest Earned of $0.49 for Q4 2024, down 80.66% quarter-over-quarter from $2.51 in Q3 2024.

Electrovaya (ELVA) Times Interest Earned (2022 - 2024) Analysis & Trends

Electrovaya (ELVA) has 3 years of Times Interest Earned data on file, last reported at $0.49 in Q4 2024.

Times Interest Earned for Q4 2024 came in at $0.49, changed N/A year-over-year; the trailing twelve-month figure through Sep 2025 was $2.8 (up 1142.66% YoY), and the FY2024 annual result was $2.05, changed N/A from the prior year.
Times Interest Earned eased to $0.49 in Q4 2024 per ELVA's latest filing, from $2.51 in the prior quarter.
Over five years, Times Interest Earned peaked at $2.51 in Q3 2024 and troughed at -$2.76 in Q2 2022.
A 3-year average of $0.07 and a median of $0.12 in 2023 frame the typical range for Times Interest Earned.
The sharpest annual moves came in 2023 and 2024: Times Interest Earned jumped 104.2% in 2023, then tumbled 428.46% in 2024.
A 3-year view of Times Interest Earned shows it stood at -$2.76 in 2022, then surged by 96.53% to -$0.1 in 2023, then jumped by 608.14% to $0.49 in 2024.
Business Quant data shows ELVA's Times Interest Earned at $0.49 in Q4 2024, $2.51 in Q3 2024, and -$0.38 in Q2 2024.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Times Interest Earned (Qtr)
1	Novonix	479.97 Bn	479.92 Bn	-	-
2	Vertiv Holdings	114.69 Bn	112.19 Bn	999.70 Mn	-100.02
3	Bloom Energy	79.53 Bn	77.06 Bn	225.54 Mn	8.39
4	nVent Electric	27.08 Bn	26.89 Bn	445.60 Mn	150.54
5	Hubbell	26.67 Bn	26.16 Bn	505.30 Mn	-
6	Advanced Energy Industries	13.19 Bn	13.19 Bn	200.90 Mn	16.66
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	-24.97
9	Acuity Inc. (De)	9.39 Bn	9.12 Bn	520.40 Mn	-
10	Electrovaya	192,800.01	-23.34 Mn	6.04 Mn	-

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