Electrovaya Inc. (ELVA) — Defensive Interval Ratio
Electrovaya Inc. (ELVA) has a Defensive Interval Ratio of 1085 days as of June 2026. Defensive assets of $29.98 Million (cash $-, short-term investments $-, receivables $29.98 Million) cover 1085 days of daily cash needs of $27.63K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Electrovaya Inc. Defensive Interval Ratio (1997–2025)
This chart shows how Electrovaya Inc.'s Defensive Interval Ratio has evolved across 29 annual periods from 1997 to 2025. As of June 2026, the ratio stands at 1085 days, meaning defensive assets of $29.98 Million can fund 1085 days of operations without new revenue. For the complete balance sheet picture, see ELVA total assets.
Annual Defensive Interval Ratio for Electrovaya Inc. (1997–2025)
The table below presents the year-by-year Defensive Interval Ratio for Electrovaya Inc. from 1997 to 2025, covering 29 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Electrovaya Inc. (ELVA) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 597 days | $16.47 Million | $27.61K/day | $- | $- | ▲ +452 days |
| 2024 | 144 days | $11.29 Million | $78.17K/day | $- | $- | ▼ -1 days |
| 2023 | 146 days | $10.61 Million | $72.91K/day | $- | $- | ▲ +99 days |
| 2022 | 47 days | $2.91 Million | $62.09K/day | $- | $- | ▲ +11 days |
| 2021 | 36 days | $1.34 Million | $36.86K/day | $- | $- | ▼ -19 days |
| 2020 | 55 days | $2.49 Million | $45.07K/day | $- | $- | ▲ +47 days |
| 2019 | 8 days | $346.00K | $44.41K/day | $- | $- | ▼ -10 days |
| 2018 | 18 days | $916.00K | $51.85K/day | $- | $- | ▲ +7 days |
| 2017 | 11 days | $784.00K | $71.05K/day | $- | $- | ▼ -39 days |
| 2016 | 50 days | $3.02 Million | $60.27K/day | $- | $- | ▼ -90 days |
| 2015 | 140 days | $4.39 Million | $31.30K/day | $- | $- | ▼ -202 days |
| 2014 | 342 days | $1.34 Million | $3.93K/day | $- | $- | ▲ +276 days |
| 2013 | 66 days | $1.89 Million | $28.45K/day | $- | $- | ▼ -138 days |
| 2012 | 205 days | $3.62 Million | $17.67K/day | $- | $- | ▼ -94 days |
| 2011 | 298 days | $3.25 Million | $10.91K/day | $- | $- | ▲ +50 days |
| 2010 | 248 days | $1.81 Million | $7.28K/day | $- | $- | ▲ +147 days |
| 2009 | 101 days | $896.00K | $8.85K/day | $- | $- | ▼ -41 days |
| 2008 | 142 days | $976.04K | $6.87K/day | $- | $- | ▼ -131 days |
| 2007 | 273 days | $1.13 Million | $4.12K/day | $- | $- | ▼ -1560 days |
| 2006 | 1834 days | $6.30 Million | $3.44K/day | $- | $5.85 Million | ▼ -397 days |
| 2005 | 2231 days | $9.80 Million | $4.39K/day | $- | $8.90 Million | ▼ -621 days |
| 2004 | 2852 days | $11.83 Million | $4.15K/day | $- | $10.90 Million | ▲ +176 days |
| 2003 | 2675 days | $12.94 Million | $4.84K/day | $- | $11.41 Million | ▼ -2825 days |
| 2002 | 5500 days | $19.01 Million | $3.46K/day | $- | $18.09 Million | ▼ -3645 days |
| 2001 | 9145 days | $28.74 Million | $3.14K/day | $- | $28.27 Million | ▲ +6467 days |
| 2000 | 2678 days | $13.44 Million | $5.02K/day | $- | $13.00 Million | ▲ +2605 days |
| 1999 | 73 days | $43.62K | $595.59/day | $- | $- | ▼ -29 days |
| 1998 | 102 days | $53.68K | $525.58/day | $- | $- | ▼ -56 days |
| 1997 | 158 days | $96.93K | $614.42/day | $- | $- | — |