Electrovaya Inc. (ELVA) — 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. Also explore Electrovaya Inc. net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Electrovaya Inc. Tangible Net Worth Ratio (1997–2025)
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. For live market cap and overall valuation, see ELVA stock market capitalisation.
Annual Tangible Net Worth Ratio for Electrovaya Inc. (1997–2025)
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. Explore how much does Electrovaya Inc. reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |