Electrovaya Inc. Tangible Net Worth Ratio
Electrovaya Inc. tangible net worth ratio. Electrovaya Inc. (ELVA) has a Tangible Net Worth Ratio of 100.0% as of June 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($67.23 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check Electrovaya Inc. strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Electrovaya Inc. (1997–2025)
Tangible net worth ratio of Electrovaya Inc. from 1997 to 2025. This chart shows how Electrovaya Inc.'s Tangible Net Worth Ratio has changed across 23 annual periods from 1997 to 2025. As of June 2026, the ratio stands at 100.0%, reflecting net assets of $67.23 Million with intangible assets of $0.00 USD. See Electrovaya Inc. working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Electrovaya Inc. Tangible Net Worth Ratio by Year (1997–2025)
Electrovaya Inc. tangible net worth ratio by year from 1997 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Electrovaya Inc. from 1997 to 2025, covering 23 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Electrovaya Inc. market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.9% | $31.13 Million | $1.58 Million | $63.93 Million | ▼ -5.1 pp |
| 2024 | 100.0% | $8.59 Million | $0.00 | $39.48 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $7.15 Million | $0.00 | $36.51 Million | ▲ +1.2 pp |
| 2016 | 98.8% | $7.95 Million | $92.00K | $30.83 Million | ▼ -1.2 pp |
| 2015 | 100.0% | $12.54 Million | $0.00 | $27.34 Million | ▲ +0.0 pp |
| 2014 | 100.0% | $5.17 Million | $0.00 | $12.34 Million | ▲ +0.0 pp |
| 2013 | 100.0% | $4.68 Million | $0.00 | $15.44 Million | ▲ +0.0 pp |
| 2012 | 100.0% | $9.43 Million | $0.00 | $21.17 Million | ▲ +3.0 pp |
| 2011 | 97.0% | $12.08 Million | $361.00K | $20.44 Million | ▲ +1.1 pp |
| 2010 | 95.9% | $9.29 Million | $378.00K | $11.95 Million | ▼ -1.0 pp |
| 2009 | 96.9% | $10.12 Million | $310.00K | $13.35 Million | ▼ -0.4 pp |
| 2008 | 97.4% | $10.14 Million | $268.67K | $12.65 Million | ▼ -2.6 pp |
| 2007 | 100.0% | $14.87 Million | $0.00 | $16.63 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $17.50 Million | $0.00 | $19.06 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $24.38 Million | $0.00 | $25.98 Million | ▲ +0.0 pp |
| 2004 | 100.0% | $28.17 Million | $0.00 | $29.69 Million | ▲ +0.0 pp |
| 2003 | 100.0% | $32.37 Million | $0.00 | $34.13 Million | ▲ +0.0 pp |
| 2002 | 100.0% | $38.35 Million | $0.00 | $39.61 Million | ▲ +0.0 pp |
| 2001 | 100.0% | $48.49 Million | $0.00 | $49.64 Million | ▲ +0.0 pp |
| 2000 | 100.0% | $29.06 Million | $0.00 | $30.89 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $3.48 Million | $0.00 | $3.69 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $4.62 Million | $0.00 | $4.81 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $5.98 Million | $0.00 | $6.21 Million | — |