Electrovaya Inc. Cash Flow Conversion Efficiency
Electrovaya Inc. 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.
Cash Flow Conversion Efficiency of Electrovaya Inc. (1997–2025)
Cash flow conversion efficiency of Electrovaya Inc. from 1997 to 2025. This chart illustrates how Electrovaya Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View Electrovaya Inc. share price for real-time trading data and today's change.
Electrovaya Inc. Cash Flow Conversion Ratio Explained
Electrovaya Inc. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Electrovaya Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Electrovaya Inc. ranked by their cash flow conversion efficiency. Also see Electrovaya Inc. stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
British American Tobacco Malaysia Bhd
KLSE:4162
|
-0.005x |
|
TQM CORPORATION
BK:TQM-R
|
0.088x |
|
National Bankshares Inc
NASDAQ:NKSH
|
0.018x |
|
Guangdong Kitech New Material Holding Co.Ltd.
SHE:300995
|
N/A |
|
Khgears International Limited
TW:4571
|
0.072x |
|
Transcom Inc
TW:5222
|
0.028x |
|
Dongwoon Anatech Co Ltd
KQ:094170
|
0.063x |
|
Tredegar Corporation
NYSE:TG
|
0.009x |
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. Review cash generation quality of Electrovaya Inc. to assess how much free cash flow the company generates relative to operating cash flow.
| 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