Electrovaya Inc. - Asset Resilience Ratio
Electrovaya Inc. (ELVA) has an Asset Resilience Ratio of 30.66% as of September 2006. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See ELVA working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2000–2006)
This chart shows how Electrovaya Inc.'s Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see ELVA total assets.
Liquid Assets Composition Over Time
This chart breaks down Electrovaya Inc.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read ELVA liabilities breakdown for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $5.85 Million | 30.66% |
| Total Liquid Assets | $5.85 Million | 30.66% |
Asset Resilience Insights
- Very High Liquidity: Electrovaya Inc. maintains exceptional liquid asset reserves at 30.66% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Electrovaya Inc. Industry Peers by Asset Resilience Ratio
Compare Electrovaya Inc.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
LG Energy Solution Ltd
KO:373220 |
Electrical Equipment & Parts | 0.00% |
|
Xiamen Kehua Hengsheng
SHE:002335 |
Electrical Equipment & Parts | 16.18% |
|
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763 |
Electrical Equipment & Parts | 1.26% |
|
Dongguan Aohai Technology Co
SHE:002993 |
Electrical Equipment & Parts | 14.61% |
|
Shanghai Zhezhong Construction Co Ltd
SHE:002346 |
Electrical Equipment & Parts | 1.00% |
|
Hiwin Mikrosystem Corp
TW:4576 |
Electrical Equipment & Parts | 4.20% |
|
Xinya Electronic Co Ltd
SHG:605277 |
Electrical Equipment & Parts | 0.24% |
|
Dynamic Cables Limited
NSE:DYCL |
Electrical Equipment & Parts | 4.49% |
Annual Asset Resilience Ratio for Electrovaya Inc. (2000–2006)
The table below shows the annual Asset Resilience Ratio data for Electrovaya Inc..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2006-09-30 | 30.66% | $5.85 Million | $19.06 Million | -3.59pp |
| 2005-09-30 | 34.25% | $8.90 Million | $25.98 Million | -2.45pp |
| 2004-09-30 | 36.71% | $10.90 Million | $29.69 Million | +3.27pp |
| 2003-09-30 | 33.44% | $11.41 Million | $34.13 Million | -12.22pp |
| 2002-09-30 | 45.66% | $18.09 Million | $39.61 Million | -11.29pp |
| 2001-09-30 | 56.95% | $28.27 Million | $49.64 Million | +14.87pp |
| 2000-09-30 | 42.08% | $13.00 Million | $30.89 Million | -- |
About Electrovaya Inc.
Electrovaya Inc. engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. It operates infinity battery systems comprising of low and high voltage systems. The company also operates solid state battery technology… Read more