Electrovaya (ELVA) Total Debt (2023 - 2026)
Electrovaya (ELVA) posted quarterly Total Debt of $31.9 million for Q1 2026, up 144.01% year-over-year from $13.1 million in Q1 2025, and up 17.13% quarter-over-quarter from $27.3 million in Q4 2025.
Electrovaya (ELVA) Total Debt (2023 - 2026) Analysis & Trends
Electrovaya (ELVA) has reported Total Debt for 4 consecutive years, with $31.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Total Debt rose 144.01% year-over-year to $31.9 million; the TTM figure through Mar 2026 stood at $31.9 million (up 144.01% YoY), while the FY2025 annual figure was $20.7 million, up 1172.64% from the prior year.
- Total Debt climbed to $31.9 million in Q1 2026 per ELVA's latest filing, from $27.3 million in the prior quarter.
- Across five years, Total Debt topped out at $31.9 million in Q1 2026 and bottomed at $1.6 million in Q3 2024.
- Historically, Total Debt has averaged $16.7 million across 4 years, with a median of $18.8 million in 2025.
- Annual changes were most pronounced in 2024 — Total Debt sank 52.85% — and 2025, when it soared 1172.64%.
- Electrovaya's Total Debt stood at $3.5 million in 2023, then slumped by 52.85% to $1.6 million in 2024, then jumped by 1572.58% to $27.3 million in 2025, then advanced by 17.13% to $31.9 million in 2026.
- Business Quant data shows ELVA's Total Debt at $31.9 million in Q1 2026, $27.3 million in Q4 2025, and $20.7 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 2.94 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 2.58 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 1.51 Bn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 5.37 Bn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 1.26 Bn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 697.30 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | - |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 1.04 Bn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 956.42 Mn |
| 10 | Electrovaya | 328.13 Mn | 304.60 Mn | 6.04 Mn | 31.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 31.93 Mn |
| Dec 31, 2025 | 27.26 Mn |
| Sep 30, 2025 | 20.74 Mn |
| Jun 30, 2025 | 18.79 Mn |
| Mar 31, 2025 | 13.09 Mn |
| Sep 30, 2024 | 1.63 Mn |
| Sep 30, 2023 | 3.46 Mn |