Electrovaya Inc. (ELVA) - Total Assets
Based on the latest financial reports, Electrovaya Inc. (ELVA) holds total assets worth $99.94 Million USD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore how well can Electrovaya Inc. service its debt to assess how comfortably operating cash covers total debt obligations.
Electrovaya Inc. - Total Assets Trend (1997–2025)
This chart illustrates how Electrovaya Inc.'s total assets have evolved over time, based on quarterly financial data. See net assets of Electrovaya Inc. for net asset value and shareholders' equity analysis.
Electrovaya Inc. - Asset Composition Analysis
Current Asset Composition (September 2025)
Electrovaya Inc.'s total assets of $99.94 Million consist of 65.6% current assets and 34.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.0% |
| Accounts Receivable | $16.47 Million | 25.8% |
| Inventory | $12.45 Million | 19.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.58 Million | 2.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1997–2025)
This chart illustrates how Electrovaya Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market cap of Electrovaya Inc..
Key Asset Composition Facts
- Current vs. Non-Current Assets: Electrovaya Inc.'s current assets represent 65.6% of total assets in 2025, a decrease from 94.9% in 1997.
- Cash Position: Cash and equivalents constituted 10.0% of total assets in 2025, down from 88.6% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 1997.
- Asset Diversification: The largest asset category is accounts receivable at 25.8% of total assets.
Electrovaya Inc. Competitors by Total Assets
Key competitors of Electrovaya Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ecopro BM. Co. Ltd
KQ:247540
|
Korea | ₩4.62 Trillion |
|
XTC New Energy Materials Xiamen Co Ltd
SHG:688778
|
China | CN¥22.70 Billion |
|
Ningbo Ronbay New Energy Tech Ltd
SHG:688005
|
China | CN¥23.96 Billion |
|
Nantong Haixing Electronics Co Ltd
SHG:603115
|
China | CN¥3.02 Billion |
|
Sinomag Technology Co Ltd
SHE:300835
|
China | CN¥2.38 Billion |
|
Keli Sensing Technology Ningbo Co Ltd
SHG:603662
|
China | CN¥4.48 Billion |
|
Hubei Wanrun New Energy Technology Co. Ltd. A
SHG:688275
|
China | CN¥18.14 Billion |
|
Baosheng
SHG:600973
|
China | CN¥23.38 Billion |
Electrovaya Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 6.02 | 1.55 | 0.87 |
| Quick Ratio | 4.69 | 1.20 | 0.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $51.90 Million | $12.64 Million | $-1.66 Million |
Electrovaya Inc. - Advanced Valuation Insights
This section examines the relationship between Electrovaya Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 8.64 |
| Latest Market Cap to Assets Ratio | 6.35 |
| Asset Growth Rate (YoY) | 61.9% |
| Total Assets | $63.93 Million |
| Market Capitalization | $405.94 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Electrovaya Inc.'s assets at a significant premium (6.35x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Electrovaya Inc.'s assets grew by 61.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Electrovaya Inc. (1997–2025)
The table below shows the annual total assets of Electrovaya Inc. from 1997 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-09-30 | $63.93 Million | +61.92% |
| 2024-09-30 | $39.48 Million | +8.13% |
| 2023-09-30 | $36.51 Million | +64.56% |
| 2022-09-30 | $22.19 Million | +48.15% |
| 2021-09-30 | $14.98 Million | +40.73% |
| 2020-09-30 | $10.64 Million | +409.67% |
| 2019-09-30 | $2.09 Million | -86.81% |
| 2018-09-30 | $15.83 Million | -55.46% |
| 2017-09-30 | $35.54 Million | +15.28% |
| 2016-09-30 | $30.83 Million | +12.76% |
| 2015-09-30 | $27.34 Million | +121.58% |
| 2014-09-30 | $12.34 Million | -20.05% |
| 2013-09-30 | $15.44 Million | -27.10% |
| 2012-09-30 | $21.17 Million | +3.60% |
| 2011-09-30 | $20.44 Million | +71.05% |
| 2010-09-30 | $11.95 Million | -10.48% |
| 2009-09-30 | $13.35 Million | +5.48% |
| 2008-09-30 | $12.65 Million | -23.92% |
| 2007-09-30 | $16.63 Million | -12.77% |
| 2006-09-30 | $19.06 Million | -26.63% |
| 2005-09-30 | $25.98 Million | -12.48% |
| 2004-09-30 | $29.69 Million | -13.03% |
| 2003-09-30 | $34.13 Million | -13.84% |
| 2002-09-30 | $39.61 Million | -20.19% |
| 2001-09-30 | $49.64 Million | +60.66% |
| 2000-09-30 | $30.89 Million | +736.58% |
| 1999-09-30 | $3.69 Million | -23.18% |
| 1998-09-30 | $4.81 Million | -22.55% |
| 1997-09-30 | $6.21 Million | -- |
About Electrovaya Inc.
Electrovaya Inc. engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America. It operates infinity battery systems comprising of low and high voltage systems. The company also operates solid state battery technology… Read more