Electrovaya Inc. Cash Flow Conversion Efficiency

Latest as of December 2025: 0.023x

Electrovaya Inc. cash flow conversion efficiency. Based on the latest financial reports, Electrovaya Inc. (ELVA) has a cash flow conversion efficiency ratio of 0.023x as of December 2025. 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 (CA$1.42 Million ≈ $1.03 Million USD) by net assets (CA$60.49 Million ≈ $43.76 Million USD). 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
Talon Capital Corp. Class A Ordinary Shares NASDAQ:TLNC	-0.002x
Nanning Sugar Industry Co Ltd SHE:000911	-10.540x
Formosan Rubber Group Inc TW:2107	0.014x
Rongyu Group Co Ltd SHE:002622	0.057x
Xperi Corp NYSE:XPER	0.237x
8x8 Inc Common Stock NASDAQ:EGHT	0.115x
Pioneer Acquisition I Corp Class A Ordinary Shares NASDAQ:PACH	-0.001x
Space Asset Acquisition Corp. Class A Ordinary Shares NASDAQ:SAAQ	N/A

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	CA$31.13 Million ≈ $22.52 Million	CA$-566.32K ≈ $-409.67K	-0.018x	-115.05%
2024-09-30	CA$8.59 Million ≈ $6.21 Million	CA$1.04 Million ≈ $750.87K	0.121x	+117.79%
2023-09-30	CA$7.15 Million ≈ $5.17 Million	CA$-4.86 Million ≈ $-3.51 Million	-0.680x	-134.04%
2022-09-30	CA$-5.92 Million ≈ $-4.28 Million	CA$-11.81 Million ≈ $-8.55 Million	1.996x	-58.29%
2021-09-30	CA$-1.70 Million ≈ $-1.23 Million	CA$-8.12 Million ≈ $-5.87 Million	4.785x	+969.90%
2020-09-30	CA$-8.71 Million ≈ $-6.30 Million	CA$-3.90 Million ≈ $-2.82 Million	0.447x	+121.93%
2019-09-30	CA$-14.27 Million ≈ $-10.32 Million	CA$-2.88 Million ≈ $-2.08 Million	0.202x	-60.39%
2018-09-30	CA$-13.76 Million ≈ $-9.95 Million	CA$-7.00 Million ≈ $-5.06 Million	0.509x	-96.76%
2017-09-30	CA$-1.22 Million ≈ $-883.25K	CA$-19.18 Million ≈ $-13.88 Million	15.713x	+1644.06%
2016-09-30	CA$7.95 Million ≈ $5.75 Million	CA$-8.09 Million ≈ $-5.85 Million	-1.018x	-2941.38%
2015-09-30	CA$12.54 Million ≈ $9.07 Million	CA$449.00K ≈ $324.80K	0.036x	+103.69%
2014-09-30	CA$5.17 Million ≈ $3.74 Million	CA$-5.01 Million ≈ $-3.62 Million	-0.970x	-216.05%
2013-09-30	CA$4.68 Million ≈ $3.39 Million	CA$-1.44 Million ≈ $-1.04 Million	-0.307x	-305.27%
2012-09-30	CA$9.43 Million ≈ $6.82 Million	CA$-714.00K ≈ $-516.50K	-0.076x	+70.73%
2011-09-30	CA$8.13 Million ≈ $5.88 Million	CA$-2.10 Million ≈ $-1.52 Million	-0.259x	+11.24%
2010-09-30	CA$9.29 Million ≈ $6.72 Million	CA$-2.71 Million ≈ $-1.96 Million	-0.291x	-329.98%
2009-09-30	CA$10.12 Million ≈ $7.32 Million	CA$1.28 Million ≈ $927.38K	0.127x	+175.26%
2008-09-30	CA$10.14 Million ≈ $7.34 Million	CA$-1.71 Million ≈ $-1.24 Million	-0.168x	+33.09%
2007-09-30	CA$14.87 Million ≈ $10.75 Million	CA$-3.74 Million ≈ $-2.71 Million	-0.252x	-31.35%
2006-09-30	CA$17.50 Million ≈ $12.66 Million	CA$-3.35 Million ≈ $-2.43 Million	-0.192x	-55.17%
2005-09-30	CA$24.38 Million ≈ $17.63 Million	CA$-3.01 Million ≈ $-2.18 Million	-0.123x	+37.34%
2004-09-30	CA$25.17 Million ≈ $18.21 Million	CA$-4.96 Million ≈ $-3.59 Million	-0.197x	+0.42%
2003-09-30	CA$32.37 Million ≈ $23.41 Million	CA$-6.40 Million ≈ $-4.63 Million	-0.198x	+16.75%
2002-09-30	CA$38.35 Million ≈ $27.74 Million	CA$-9.12 Million ≈ $-6.59 Million	-0.238x	-39.30%
2001-09-30	CA$48.49 Million ≈ $35.08 Million	CA$-8.27 Million ≈ $-5.99 Million	-0.171x	-1104.51%
2000-09-30	CA$29.06 Million ≈ $21.02 Million	CA$-411.70K ≈ $-297.82K	-0.014x	+95.27%
1999-09-30	CA$3.50 Million ≈ $2.53 Million	CA$-1.05 Million ≈ $-757.73K	-0.299x	-63.71%
1998-09-30	CA$4.62 Million ≈ $3.34 Million	CA$-844.01K ≈ $-610.54K	-0.183x	+1.24%
1997-09-30	CA$5.98 Million ≈ $4.33 Million	CA$-1.11 Million ≈ $-801.28K	-0.185x	--

About Electrovaya Inc.

TO:ELVA Canada Electrical Equipment & Parts

Market Cap

$262.93 Million

CA$363.47 Million CAD

Market Cap Rank

#15169 Global

#451 in Canada

Share Price

CA$7.36

Change (1 day)

-0.27%

52-Week Range

CA$6.02 - CA$17.06

All Time High

CA$20.75