Electrovaya Inc. (ELVA) — Net Asset Momentum
Electrovaya Inc. (ELVA) recorded a net asset momentum of 262.6% as of September 2025, with net assets of CA$31.13 Million CAD. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. See Electrovaya Inc. liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
YoY Momentum
Current Net Assets
Years of Data
Country
Electrovaya Inc. Net Asset Momentum (1997–2025)
This chart tracks Electrovaya Inc.'s year-over-year net asset growth across 29 annual reporting periods from 1997 to 2025. The most recent momentum reading is +262.6%, with net assets of CA$31.13 Million CAD as of September 2025. Read how much debt does Electrovaya Inc. carry for a breakdown of total debt and financial obligations.
Annual Net Asset History for Electrovaya Inc. (1997–2025)
The table below shows the complete annual net asset history for Electrovaya Inc. from 1997 to 2025, covering 29 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. For live market cap and broader valuation context, see ELVA market cap.
| Year | Net Assets (CAD) | Total Assets | Total Liabilities | YoY Momentum |
|---|---|---|---|---|
| 2025 | CA$31.13 Million | CA$63.93 Million | CA$32.80 Million | ▲ +262.6% |
| 2024 | CA$8.59 Million | CA$39.48 Million | CA$30.90 Million | ▲ +20.1% |
| 2023 | CA$7.15 Million | CA$36.51 Million | CA$29.37 Million | ▲ +220.7% |
| 2022 | CA$-5.92 Million | CA$18.08 Million | CA$24.00 Million | ▼ -249.0% |
| 2021 | CA$-1.70 Million | CA$14.98 Million | CA$16.67 Million | ▲ +80.5% |
| 2020 | CA$-8.71 Million | CA$10.64 Million | CA$19.36 Million | ▲ +38.9% |
| 2019 | CA$-14.27 Million | CA$2.09 Million | CA$16.35 Million | ▼ -3.7% |
| 2018 | CA$-13.76 Million | CA$15.83 Million | CA$29.59 Million | ▼ -1026.8% |
| 2017 | CA$-1.22 Million | CA$35.54 Million | CA$36.76 Million | ▼ -115.4% |
| 2016 | CA$7.95 Million | CA$30.83 Million | CA$22.88 Million | ▼ -36.6% |
| 2015 | CA$12.54 Million | CA$27.34 Million | CA$14.81 Million | ▲ +142.7% |
| 2014 | CA$5.17 Million | CA$12.34 Million | CA$7.17 Million | ▲ +10.3% |
| 2013 | CA$4.68 Million | CA$15.44 Million | CA$10.75 Million | ▼ -50.3% |
| 2012 | CA$9.43 Million | CA$21.17 Million | CA$11.74 Million | ▲ +15.9% |
| 2011 | CA$8.13 Million | CA$16.49 Million | CA$8.36 Million | ▼ -12.4% |
| 2010 | CA$9.29 Million | CA$11.95 Million | CA$2.66 Million | ▼ -8.2% |
| 2009 | CA$10.12 Million | CA$13.35 Million | CA$3.23 Million | ▼ -0.3% |
| 2008 | CA$10.14 Million | CA$12.65 Million | CA$2.51 Million | ▼ -31.8% |
| 2007 | CA$14.87 Million | CA$16.63 Million | CA$1.76 Million | ▼ -15.1% |
| 2006 | CA$17.50 Million | CA$19.06 Million | CA$1.56 Million | ▼ -28.2% |
| 2005 | CA$24.38 Million | CA$25.98 Million | CA$1.60 Million | ▼ -3.1% |
| 2004 | CA$25.17 Million | CA$26.68 Million | CA$1.51 Million | ▼ -22.2% |
| 2003 | CA$32.37 Million | CA$34.13 Million | CA$1.77 Million | ▼ -15.6% |
| 2002 | CA$38.35 Million | CA$39.61 Million | CA$1.26 Million | ▼ -20.9% |
| 2001 | CA$48.49 Million | CA$49.64 Million | CA$1.15 Million | ▲ +66.8% |
| 2000 | CA$29.06 Million | CA$30.89 Million | CA$1.83 Million | ▲ +730.6% |
| 1999 | CA$3.50 Million | CA$3.72 Million | CA$218.50K | ▼ -24.2% |
| 1998 | CA$4.62 Million | CA$4.81 Million | CA$191.84K | ▼ -22.8% |
| 1997 | CA$5.98 Million | CA$6.21 Million | CA$224.26K | — |