Electrovaya Inc. (ELVA) — Cash Flow Quality Index

Latest as of June 2026: -39.46x

Electrovaya Inc. (ELVA) has a Cash Flow Quality Index of -39.46x as of June 2026. Operating cash flow of $-11.73 Million is below net income of $297.25K, suggesting accrual-heavy earnings not yet converted to cash. Explore debt repayment capacity of Electrovaya Inc. to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-39.46x
Operating CF / Net Income

Operating Cash Flow

$-11.73 Million
USD

Net Income

$297.25K
USD

Data as of

Jun 2026
Most recent filing

Electrovaya Inc. Cash Flow Quality Index (2020–2025)

Historical Cash Flow Quality Index for Electrovaya Inc. across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see ELVA cash flow metrics.

Annual Cash Flow Quality Index for Electrovaya Inc. (2020–2025)

Year-by-year earnings quality comparison for Electrovaya Inc..

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 0.51x $1.72 Million $3.36 Million ▲ +114.6%
2020 -3.51x $-3.90 Million $1.11 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.