Electrovaya Inc. (ELVA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Electrovaya Inc. (ELVA) has a cash flow conversion efficiency ratio of -0.174x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-11.73 Million) by net assets ($67.23 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see how much is Electrovaya Inc. worth for the company's overall valuation and market capitalisation.
Electrovaya Inc. - Cash Flow Conversion Efficiency Trend (1997–2025)
This chart illustrates how Electrovaya Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
Electrovaya Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Electrovaya Inc. ranked by their cash flow conversion efficiency. Explore earnings quality score of Electrovaya Inc. to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ideal Group S.A
AT:INTEK
|
-0.010x |
|
Myriad Genetics Inc
NASDAQ:MYGN
|
-0.027x |
|
PI Advanced Materials Co. Ltd
KQ:178920
|
0.051x |
|
Liuzhou Chemical Industry Co Ltd
SHG:600423
|
-0.004x |
|
Holley Inc
NYSE:HLLY
|
0.098x |
|
Wuxi Xinan Technology Co. Ltd. A
SHE:301170
|
N/A |
|
Beijing Integrity Technology Co. Ltd. A
SHG:688244
|
N/A |
|
Taiwan Taxi Co Ltd
TWO:2640
|
0.066x |
Annual Cash Flow Conversion Efficiency for Electrovaya Inc. (1997–2025)
The table below shows the annual cash flow conversion efficiency of Electrovaya Inc. from 1997 to 2025. View today's stock price for Electrovaya Inc. for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-09-30 | $31.13 Million | $1.72 Million | 0.055x | -54.38% |
| 2024-09-30 | $8.59 Million | $1.04 Million | 0.121x | +116.50% |
| 2023-09-30 | $7.15 Million | $-5.24 Million | -0.733x | -155.68% |
| 2022-09-30 | $-6.71 Million | $-8.82 Million | 1.316x | -72.42% |
| 2021-09-30 | $-1.70 Million | $-8.09 Million | 4.770x | +966.49% |
| 2020-09-30 | $-8.71 Million | $-3.90 Million | 0.447x | +121.93% |
| 2019-09-30 | $-14.27 Million | $-2.88 Million | 0.202x | -60.39% |
| 2018-09-30 | $-13.76 Million | $-7.00 Million | 0.509x | -96.76% |
| 2017-09-30 | $-1.22 Million | $-19.18 Million | 15.713x | +1644.06% |
| 2016-09-30 | $7.95 Million | $-8.09 Million | -1.018x | -2941.38% |
| 2015-09-30 | $12.54 Million | $449.00K | 0.036x | +103.69% |
| 2014-09-30 | $5.17 Million | $-5.01 Million | -0.970x | -216.05% |
| 2013-09-30 | $4.68 Million | $-1.44 Million | -0.307x | -305.27% |
| 2012-09-30 | $9.43 Million | $-714.00K | -0.076x | +62.23% |
| 2011-09-30 | $12.08 Million | $-2.42 Million | -0.200x | +31.21% |
| 2010-09-30 | $9.29 Million | $-2.71 Million | -0.291x | -329.98% |
| 2009-09-30 | $10.12 Million | $1.28 Million | 0.127x | +175.26% |
| 2008-09-30 | $10.14 Million | $-1.71 Million | -0.168x | +33.09% |
| 2007-09-30 | $14.87 Million | $-3.74 Million | -0.252x | -31.35% |
| 2006-09-30 | $17.50 Million | $-3.35 Million | -0.192x | -55.17% |
| 2005-09-30 | $24.38 Million | $-3.01 Million | -0.123x | +29.86% |
| 2004-09-30 | $28.17 Million | $-4.96 Million | -0.176x | +11.04% |
| 2003-09-30 | $32.37 Million | $-6.40 Million | -0.198x | +16.75% |
| 2002-09-30 | $38.35 Million | $-9.12 Million | -0.238x | -39.30% |
| 2001-09-30 | $48.49 Million | $-8.27 Million | -0.171x | -1104.01% |
| 2000-09-30 | $29.06 Million | $-411.87K | -0.014x | +95.22% |
| 1999-09-30 | $3.48 Million | $-1.03 Million | -0.296x | -59.89% |
| 1998-09-30 | $4.62 Million | $-855.66K | -0.185x | -0.12% |
| 1997-09-30 | $5.98 Million | $-1.11 Million | -0.185x | -- |
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