Electrovaya Inc. (ELVA) — Cash Flow-to-Debt Ratio
Electrovaya Inc. (ELVA) has a Cash Flow-to-Debt Ratio of -0.23x as of June 2026, meaning its operating cash flow of $-11.73 Million could theoretically repay 0% of its total liabilities ($51.29 Million) in one year. See Electrovaya Inc. (ELVA) flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Electrovaya Inc. Cash Flow-to-Debt Ratio (1997–2025)
Historical debt coverage capacity for Electrovaya Inc. across 29 annual periods. For the full cash flow conversion analysis, see how efficiently does Electrovaya Inc. generate cash.
Annual Cash Flow-to-Debt Ratio for Electrovaya Inc. (1997–2025)
Year-by-year debt coverage analysis for Electrovaya Inc.. Check ELVA operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.05x | $1.72 Million | $32.80 Million | ▲ +55.8% |
| 2024 | 0.03x | $1.04 Million | $30.90 Million | ▲ +118.8% |
| 2023 | -0.18x | $-5.24 Million | $29.37 Million | ▲ +41.6% |
| 2022 | -0.31x | $-8.82 Million | $28.90 Million | ▲ +37.1% |
| 2021 | -0.49x | $-8.09 Million | $16.67 Million | ▼ -141.0% |
| 2020 | -0.20x | $-3.90 Million | $19.36 Million | ▼ -14.5% |
| 2019 | -0.18x | $-2.88 Million | $16.35 Million | ▲ +25.7% |
| 2018 | -0.24x | $-7.00 Million | $29.59 Million | ▲ +54.7% |
| 2017 | -0.52x | $-19.18 Million | $36.76 Million | ▼ -47.6% |
| 2016 | -0.35x | $-8.09 Million | $22.88 Million | ▼ -1265.9% |
| 2015 | 0.03x | $449.00K | $14.81 Million | ▲ +104.3% |
| 2014 | -0.70x | $-5.01 Million | $7.17 Million | ▼ -422.5% |
| 2013 | -0.13x | $-1.44 Million | $10.75 Million | ▼ -119.8% |
| 2012 | -0.06x | $-714.00K | $11.74 Million | ▲ +79.0% |
| 2011 | -0.29x | $-2.42 Million | $8.36 Million | ▲ +71.6% |
| 2010 | -1.02x | $-2.71 Million | $2.66 Million | ▼ -356.4% |
| 2009 | 0.40x | $1.28 Million | $3.23 Million | ▲ +158.3% |
| 2008 | -0.68x | $-1.71 Million | $2.51 Million | ▲ +67.9% |
| 2007 | -2.12x | $-3.74 Million | $1.76 Million | ▲ +1.2% |
| 2006 | -2.15x | $-3.35 Million | $1.56 Million | ▼ -14.5% |
| 2005 | -1.88x | $-3.01 Million | $1.60 Million | ▲ +42.7% |
| 2004 | -3.28x | $-4.96 Million | $1.51 Million | ▲ +9.7% |
| 2003 | -3.63x | $-6.40 Million | $1.77 Million | ▲ +49.8% |
| 2002 | -7.22x | $-9.12 Million | $1.26 Million | ▼ -0.1% |
| 2001 | -7.21x | $-8.27 Million | $1.15 Million | ▼ -3109.5% |
| 2000 | -0.22x | $-411.87K | $1.83 Million | ▲ +95.3% |
| 1999 | -4.75x | $-1.03 Million | $216.71K | ▼ -6.6% |
| 1998 | -4.46x | $-855.66K | $191.84K | ▲ +9.7% |
| 1997 | -4.94x | $-1.11 Million | $224.26K | — |