Electrovaya Inc. (ELVA) — Defensive Interval Ratio

Latest as of December 2025: 1295 days

Electrovaya Inc. (ELVA) has a Defensive Interval Ratio of 1295 days as of December 2025. Defensive assets of CA$36.62 Million (cash CA$22.68 Million, short-term investments CA$-, receivables CA$13.94 Million) cover 1295 days of daily cash needs of CA$28.27K/day. Check Electrovaya Inc. (ELVA) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1295 days
Days of operational coverage

Defensive Assets

CA$36.62 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$28.27K
Current Liabilities ÷ 365

Current Liabilities

CA$10.32 Million
CAD

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 December 2025, the ratio stands at 1295 days, meaning defensive assets of CA$36.62 Million can fund 1295 days of operations without new revenue. Also explore net asset momentum of Electrovaya Inc. to track the company's year-over-year net asset growth rate.

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. For live market cap and the full company financial profile, see Electrovaya Inc. stock valuation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 827 days CA$22.83 Million CA$27.61K/day CA$6.36 Million CA$- ▲ +672 days
2024 154 days CA$12.07 Million CA$78.17K/day CA$781.00K CA$- ▼ -5 days
2023 160 days CA$11.64 Million CA$72.91K/day CA$1.03 Million CA$- ▲ +99 days
2022 60 days CA$3.54 Million CA$58.55K/day CA$626.00K CA$- ▲ +24 days
2021 36 days CA$1.34 Million CA$36.86K/day CA$- CA$- ▼ -44 days
2020 80 days CA$3.62 Million CA$45.07K/day CA$1.12 Million CA$- ▲ +65 days
2019 15 days CA$679.00K CA$44.41K/day CA$333.00K CA$- ▼ -5 days
2018 20 days CA$1.03 Million CA$51.85K/day CA$0.00 CA$- ▲ +3 days
2017 17 days CA$1.20 Million CA$71.05K/day CA$- CA$- ▼ -37 days
2016 54 days CA$3.23 Million CA$60.27K/day CA$- CA$- ▼ -86 days
2015 140 days CA$4.39 Million CA$31.30K/day CA$- CA$- ▼ -202 days
2014 342 days CA$1.34 Million CA$3.93K/day CA$- CA$- ▲ +276 days
2013 66 days CA$1.89 Million CA$28.45K/day CA$- CA$- ▼ -138 days
2012 205 days CA$3.62 Million CA$17.67K/day CA$- CA$- ▼ -94 days
2011 298 days CA$3.25 Million CA$10.91K/day CA$- CA$- ▲ +50 days
2010 248 days CA$1.81 Million CA$7.28K/day CA$- CA$- ▲ +147 days
2009 101 days CA$896.00K CA$8.85K/day CA$- CA$- ▼ -41 days
2008 142 days CA$976.04K CA$6.87K/day CA$- CA$- ▼ -131 days
2007 273 days CA$1.13 Million CA$4.12K/day CA$- CA$- ▼ -1560 days
2006 1834 days CA$6.30 Million CA$3.44K/day CA$- CA$5.85 Million ▼ -397 days
2005 2231 days CA$9.80 Million CA$4.39K/day CA$- CA$8.90 Million ▼ -621 days
2004 2852 days CA$11.83 Million CA$4.15K/day CA$- CA$10.90 Million ▲ +176 days
2003 2675 days CA$12.94 Million CA$4.84K/day CA$- CA$11.41 Million ▼ -2825 days
2002 5500 days CA$19.01 Million CA$3.46K/day CA$- CA$18.09 Million ▼ -3645 days
2001 9145 days CA$28.74 Million CA$3.14K/day CA$- CA$28.27 Million ▲ +6467 days
2000 2678 days CA$13.44 Million CA$5.02K/day CA$- CA$13.00 Million ▲ +2604 days
1999 73 days CA$43.87K CA$598.64/day CA$- CA$- ▼ -29 days
1998 102 days CA$53.68K CA$525.58/day CA$- CA$- ▼ -56 days
1997 158 days CA$96.93K CA$614.42/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)