Electrovaya Inc. (ELVA) — Net Asset Quality Index
Electrovaya Inc. (ELVA) has a Net Asset Quality Index of 56.7% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $118.52 Million minus total liabilities of $51.29 Million yields net assets of $67.23 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read ELVA liabilities breakdown for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Electrovaya Inc. Net Asset Quality Index Over Time (1997–2025)
This chart shows how Electrovaya Inc.'s Net Asset Quality Index has evolved across 29 annual periods from 1997 to 2025. As of June 2026, the index stands at 56.7%, representing net assets of $67.23 Million against total assets of $118.52 Million USD. For live market cap and overall valuation, see Electrovaya Inc. (ELVA) market capitalisation.
Annual Net Asset Quality Index for Electrovaya Inc. (1997–2025)
The table below presents the year-by-year Net Asset Quality Index for Electrovaya Inc. from 1997 to 2025, covering 29 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check Electrovaya Inc. strategic capital allocation to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 48.7% | $31.13 Million | $63.93 Million | $32.80 Million | ▲ +26.9 pp |
| 2024 | 21.7% | $8.59 Million | $39.48 Million | $30.90 Million | ▲ +2.2 pp |
| 2023 | 19.6% | $7.15 Million | $36.51 Million | $29.37 Million | ▲ +49.8 pp |
| 2022 | -30.2% | $-6.71 Million | $22.19 Million | $28.90 Million | ▼ -18.9 pp |
| 2021 | -11.3% | $-1.70 Million | $14.98 Million | $16.67 Million | ▲ +70.6 pp |
| 2020 | -81.9% | $-8.71 Million | $10.64 Million | $19.36 Million | ▲ +601.3 pp |
| 2019 | -683.2% | $-14.27 Million | $2.09 Million | $16.35 Million | ▼ -596.3 pp |
| 2018 | -86.9% | $-13.76 Million | $15.83 Million | $29.59 Million | ▼ -83.5 pp |
| 2017 | -3.4% | $-1.22 Million | $35.54 Million | $36.76 Million | ▼ -29.2 pp |
| 2016 | 25.8% | $7.95 Million | $30.83 Million | $22.88 Million | ▼ -20.1 pp |
| 2015 | 45.9% | $12.54 Million | $27.34 Million | $14.81 Million | ▲ +4.0 pp |
| 2014 | 41.9% | $5.17 Million | $12.34 Million | $7.17 Million | ▲ +11.5 pp |
| 2013 | 30.3% | $4.68 Million | $15.44 Million | $10.75 Million | ▼ -14.2 pp |
| 2012 | 44.5% | $9.43 Million | $21.17 Million | $11.74 Million | ▼ -14.6 pp |
| 2011 | 59.1% | $12.08 Million | $20.44 Million | $8.36 Million | ▼ -18.7 pp |
| 2010 | 77.7% | $9.29 Million | $11.95 Million | $2.66 Million | ▲ +1.9 pp |
| 2009 | 75.8% | $10.12 Million | $13.35 Million | $3.23 Million | ▼ -4.4 pp |
| 2008 | 80.2% | $10.14 Million | $12.65 Million | $2.51 Million | ▼ -9.2 pp |
| 2007 | 89.4% | $14.87 Million | $16.63 Million | $1.76 Million | ▼ -2.4 pp |
| 2006 | 91.8% | $17.50 Million | $19.06 Million | $1.56 Million | ▼ -2.0 pp |
| 2005 | 93.8% | $24.38 Million | $25.98 Million | $1.60 Million | ▼ -1.1 pp |
| 2004 | 94.9% | $28.17 Million | $29.69 Million | $1.51 Million | ▲ +0.1 pp |
| 2003 | 94.8% | $32.37 Million | $34.13 Million | $1.77 Million | ▼ -2.0 pp |
| 2002 | 96.8% | $38.35 Million | $39.61 Million | $1.26 Million | ▼ -0.9 pp |
| 2001 | 97.7% | $48.49 Million | $49.64 Million | $1.15 Million | ▲ +3.6 pp |
| 2000 | 94.1% | $29.06 Million | $30.89 Million | $1.83 Million | ▼ -0.1 pp |
| 1999 | 94.1% | $3.48 Million | $3.69 Million | $216.71K | ▼ -1.9 pp |
| 1998 | 96.0% | $4.62 Million | $4.81 Million | $191.84K | ▼ -0.4 pp |
| 1997 | 96.4% | $5.98 Million | $6.21 Million | $224.26K | — |