Electrovaya Inc. (ELVA) — Financial Flexibility Index
Electrovaya Inc. (ELVA) has a Financial Flexibility Index of 0.09x as of December 2025. Free cash flow of CA$3.68 Million (operating CF CA$1.42 Million minus capex CA$2.26 Million) represents 0% of total liabilities (CA$39.26 Million). Also explore ELVA shareholders equity momentum to track the company's year-over-year net asset growth rate.
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. Check strategic asset allocation of Electrovaya Inc. to assess the company's strategic physical and investment asset allocation.
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 ELVA market cap.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.32x | CA$10.65 Million | CA$-566.32K | CA$32.80 Million | ▲ +762.7% |
| 2024 | 0.04x | CA$1.16 Million | CA$1.04 Million | CA$30.90 Million | ▲ +125.4% |
| 2023 | -0.15x | CA$-4.35 Million | CA$-4.86 Million | CA$29.37 Million | ▲ +69.8% |
| 2022 | -0.49x | CA$-11.77 Million | CA$-11.81 Million | CA$24.00 Million | ▼ -8.2% |
| 2021 | -0.45x | CA$-7.56 Million | CA$-8.12 Million | CA$16.67 Million | ▼ -127.4% |
| 2020 | -0.20x | CA$-3.86 Million | CA$-3.90 Million | CA$19.36 Million | ▼ -13.4% |
| 2019 | -0.18x | CA$-2.88 Million | CA$-2.88 Million | CA$16.35 Million | ▲ +25.7% |
| 2018 | -0.24x | CA$-7.00 Million | CA$-7.00 Million | CA$29.59 Million | ▲ +54.4% |
| 2017 | -0.52x | CA$-19.08 Million | CA$-19.18 Million | CA$36.76 Million | ▼ -58.8% |
| 2016 | -0.33x | CA$-7.48 Million | CA$-8.09 Million | CA$22.88 Million | ▼ -957.7% |
| 2015 | 0.04x | CA$564.00K | CA$449.00K | CA$14.81 Million | ▲ +106.2% |
| 2014 | -0.62x | CA$-4.44 Million | CA$-5.01 Million | CA$7.17 Million | ▼ -715.8% |
| 2013 | -0.08x | CA$-815.00K | CA$-1.44 Million | CA$10.75 Million | ▼ -173.9% |
| 2012 | -0.03x | CA$-325.00K | CA$-714.00K | CA$11.74 Million | ▲ +86.0% |
| 2011 | -0.20x | CA$-1.65 Million | CA$-2.10 Million | CA$8.36 Million | ▲ +75.0% |
| 2010 | -0.79x | CA$-2.10 Million | CA$-2.71 Million | CA$2.66 Million | ▼ -266.7% |
| 2009 | 0.47x | CA$1.53 Million | CA$1.28 Million | CA$3.23 Million | ▲ +178.5% |
| 2008 | -0.61x | CA$-1.52 Million | CA$-1.71 Million | CA$2.51 Million | ▲ +69.2% |
| 2007 | -1.97x | CA$-3.47 Million | CA$-3.74 Million | CA$1.76 Million | ▲ +3.3% |
| 2006 | -2.03x | CA$-3.18 Million | CA$-3.35 Million | CA$1.56 Million | ▼ -14.4% |
| 2005 | -1.78x | CA$-2.85 Million | CA$-3.01 Million | CA$1.60 Million | ▲ +43.0% |
| 2004 | -3.12x | CA$-4.72 Million | CA$-4.96 Million | CA$1.51 Million | ▲ +10.9% |
| 2003 | -3.50x | CA$-6.17 Million | CA$-6.40 Million | CA$1.77 Million | ▲ +43.5% |
| 2002 | -6.19x | CA$-7.81 Million | CA$-9.12 Million | CA$1.26 Million | ▼ -872.7% |
| 2001 | 0.80x | CA$918.83K | CA$-8.27 Million | CA$1.15 Million | ▼ -80.3% |
| 2000 | 4.07x | CA$7.46 Million | CA$-411.70K | CA$1.83 Million | ▲ +263.2% |
| 1999 | -2.50x | CA$-545.64K | CA$-1.05 Million | CA$218.50K | ▲ +43.2% |
| 1998 | -4.40x | CA$-844.01K | CA$-844.01K | CA$191.84K | ▼ -27.2% |
| 1997 | -3.46x | CA$-775.59K | CA$-1.11 Million | CA$224.26K | — |