Electrovaya Inc. (ELVA) — Financial Flexibility Index
Electrovaya Inc. (ELVA) has a Financial Flexibility Index of 0.45x as of December 2025. Free cash flow of $17.64 Million (operating CF $1.71 Million minus capex $15.93 Million) represents 0% of total liabilities ($39.62 Million). Check ELVA capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Electrovaya Inc. Financial Flexibility Index (1997–2025)
Historical Financial Flexibility Index trend for Electrovaya Inc. across 29 annual periods. See ELVA working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Electrovaya Inc. (1997–2025)
Year-by-year free cash flow to debt coverage for Electrovaya Inc.. For the full company profile including market capitalisation, see Electrovaya Inc. market capitalisation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.39x | $12.94 Million | $1.72 Million | $32.80 Million | ▲ +615.0% |
| 2024 | 0.06x | $1.70 Million | $1.04 Million | $30.90 Million | ▲ +134.2% |
| 2023 | -0.16x | $-4.73 Million | $-5.24 Million | $29.37 Million | ▲ +46.0% |
| 2022 | -0.30x | $-8.62 Million | $-8.82 Million | $28.90 Million | ▲ +34.2% |
| 2021 | -0.45x | $-7.56 Million | $-8.12 Million | $16.67 Million | ▼ -127.4% |
| 2020 | -0.20x | $-3.86 Million | $-3.90 Million | $19.36 Million | ▼ -15.0% |
| 2019 | -0.17x | $-2.83 Million | $-2.88 Million | $16.35 Million | ▲ +26.7% |
| 2018 | -0.24x | $-7.00 Million | $-7.00 Million | $29.59 Million | ▲ +54.4% |
| 2017 | -0.52x | $-19.08 Million | $-19.18 Million | $36.76 Million | ▼ -58.8% |
| 2016 | -0.33x | $-7.48 Million | $-8.09 Million | $22.88 Million | ▼ -957.7% |
| 2015 | 0.04x | $564.00K | $449.00K | $14.81 Million | ▲ +106.2% |
| 2014 | -0.62x | $-4.44 Million | $-5.01 Million | $7.17 Million | ▼ -715.8% |
| 2013 | -0.08x | $-815.00K | $-1.44 Million | $10.75 Million | ▼ -173.9% |
| 2012 | -0.03x | $-325.00K | $-714.00K | $11.74 Million | ▲ +89.0% |
| 2011 | -0.25x | $-2.10 Million | $-2.42 Million | $8.36 Million | ▲ +68.2% |
| 2010 | -0.79x | $-2.10 Million | $-2.71 Million | $2.66 Million | ▼ -266.7% |
| 2009 | 0.47x | $1.53 Million | $1.28 Million | $3.23 Million | ▲ +178.5% |
| 2008 | -0.61x | $-1.52 Million | $-1.71 Million | $2.51 Million | ▲ +69.2% |
| 2007 | -1.97x | $-3.47 Million | $-3.74 Million | $1.76 Million | ▲ +3.3% |
| 2006 | -2.03x | $-3.18 Million | $-3.35 Million | $1.56 Million | ▼ -14.4% |
| 2005 | -1.78x | $-2.85 Million | $-3.01 Million | $1.60 Million | ▲ +43.0% |
| 2004 | -3.12x | $-4.72 Million | $-4.96 Million | $1.51 Million | ▲ +10.8% |
| 2003 | -3.50x | $-6.17 Million | $-6.40 Million | $1.77 Million | ▲ +43.5% |
| 2002 | -6.19x | $-7.81 Million | $-9.12 Million | $1.26 Million | ▼ -872.3% |
| 2001 | 0.80x | $918.83K | $-8.27 Million | $1.15 Million | ▼ -80.3% |
| 2000 | 4.07x | $7.46 Million | $-411.87K | $1.83 Million | ▲ +266.1% |
| 1999 | -2.45x | $-531.55K | $-1.03 Million | $216.71K | ▲ +3.7% |
| 1998 | -2.55x | $-488.59K | $-855.66K | $191.84K | ▲ +26.4% |
| 1997 | -3.46x | $-775.59K | $-1.11 Million | $224.26K | — |