Electrovaya Inc. Net Asset Quality Index
Electrovaya Inc. net asset quality index. Electrovaya Inc. (ELVA) has a Net Asset Quality Index of 60.6% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$99.75 Million minus total liabilities of CA$39.26 Million yields net assets of CA$60.49 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check how high is Electrovaya Inc.'s earnings quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Electrovaya Inc. (1997–2025)
Net asset quality index of Electrovaya Inc. from 1997 to 2025. This chart shows how Electrovaya Inc.'s Net Asset Quality Index has evolved across 29 annual periods from 1997 to 2025. As of December 2025, the index stands at 60.6%, representing net assets of CA$60.49 Million against total assets of CA$99.75 Million CAD. See Electrovaya Inc. (ELVA) shareholders funds for net asset value and shareholders' equity analysis.
Electrovaya Inc. Net Asset Quality Index by Year (1997–2025)
Electrovaya Inc. net asset quality index by year from 1997 to 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. For live market cap and overall valuation, see market cap of Electrovaya Inc..
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 48.7% | CA$31.13 Million | CA$63.93 Million | CA$32.80 Million | ▲ +26.9 pp |
| 2024 | 21.7% | CA$8.59 Million | CA$39.48 Million | CA$30.90 Million | ▲ +2.2 pp |
| 2023 | 19.6% | CA$7.15 Million | CA$36.51 Million | CA$29.37 Million | ▲ +52.3 pp |
| 2022 | -32.7% | CA$-5.92 Million | CA$18.08 Million | CA$24.00 Million | ▼ -21.4 pp |
| 2021 | -11.3% | CA$-1.70 Million | CA$14.98 Million | CA$16.67 Million | ▲ +70.6 pp |
| 2020 | -81.9% | CA$-8.71 Million | CA$10.64 Million | CA$19.36 Million | ▲ +601.3 pp |
| 2019 | -683.2% | CA$-14.27 Million | CA$2.09 Million | CA$16.35 Million | ▼ -596.3 pp |
| 2018 | -86.9% | CA$-13.76 Million | CA$15.83 Million | CA$29.59 Million | ▼ -83.5 pp |
| 2017 | -3.4% | CA$-1.22 Million | CA$35.54 Million | CA$36.76 Million | ▼ -29.2 pp |
| 2016 | 25.8% | CA$7.95 Million | CA$30.83 Million | CA$22.88 Million | ▼ -20.1 pp |
| 2015 | 45.9% | CA$12.54 Million | CA$27.34 Million | CA$14.81 Million | ▲ +4.0 pp |
| 2014 | 41.9% | CA$5.17 Million | CA$12.34 Million | CA$7.17 Million | ▲ +11.5 pp |
| 2013 | 30.3% | CA$4.68 Million | CA$15.44 Million | CA$10.75 Million | ▼ -14.2 pp |
| 2012 | 44.5% | CA$9.43 Million | CA$21.17 Million | CA$11.74 Million | ▼ -4.8 pp |
| 2011 | 49.3% | CA$8.13 Million | CA$16.49 Million | CA$8.36 Million | ▼ -28.4 pp |
| 2010 | 77.7% | CA$9.29 Million | CA$11.95 Million | CA$2.66 Million | ▲ +1.9 pp |
| 2009 | 75.8% | CA$10.12 Million | CA$13.35 Million | CA$3.23 Million | ▼ -4.4 pp |
| 2008 | 80.2% | CA$10.14 Million | CA$12.65 Million | CA$2.51 Million | ▼ -9.2 pp |
| 2007 | 89.4% | CA$14.87 Million | CA$16.63 Million | CA$1.76 Million | ▼ -2.4 pp |
| 2006 | 91.8% | CA$17.50 Million | CA$19.06 Million | CA$1.56 Million | ▼ -2.0 pp |
| 2005 | 93.8% | CA$24.38 Million | CA$25.98 Million | CA$1.60 Million | ▼ -0.5 pp |
| 2004 | 94.3% | CA$25.17 Million | CA$26.68 Million | CA$1.51 Million | ▼ -0.5 pp |
| 2003 | 94.8% | CA$32.37 Million | CA$34.13 Million | CA$1.77 Million | ▼ -2.0 pp |
| 2002 | 96.8% | CA$38.35 Million | CA$39.61 Million | CA$1.26 Million | ▼ -0.9 pp |
| 2001 | 97.7% | CA$48.49 Million | CA$49.64 Million | CA$1.15 Million | ▲ +3.6 pp |
| 2000 | 94.1% | CA$29.06 Million | CA$30.89 Million | CA$1.83 Million | ▼ -0.1 pp |
| 1999 | 94.1% | CA$3.50 Million | CA$3.72 Million | CA$218.50K | ▼ -1.9 pp |
| 1998 | 96.0% | CA$4.62 Million | CA$4.81 Million | CA$191.84K | ▼ -0.4 pp |
| 1997 | 96.4% | CA$5.98 Million | CA$6.21 Million | CA$224.26K | — |