Electrovaya Inc. Working Capital to Net Assets Ratio
Electrovaya Inc. working capital to net assets ratio. Electrovaya Inc. (ELVA) has a Working Capital to Net Assets ratio of 98.0% as of June 2026. Working capital of $65.87 Million (current assets of $75.96 Million minus current liabilities of $10.08 Million) is measured against net assets of $67.23 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check ELVA goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Electrovaya Inc. (1997–2025)
Working capital to net assets ratio of Electrovaya Inc. from 1997 to 2025. This chart shows how Electrovaya Inc.'s Working Capital to Net Assets ratio has evolved across 29 annual periods from 1997 to 2025. As of June 2026, the ratio stands at 98.0%, reflecting working capital of $65.87 Million against net assets of $67.23 Million USD. See ELVA cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Electrovaya Inc. Working Capital to Net Assets Ratio by Year (1997–2025)
Electrovaya Inc. working capital to net assets ratio by year from 1997 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Electrovaya Inc. from 1997 to 2025, covering 29 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see ELVA current and non-current assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 102.4% | $31.88 Million | $31.13 Million | $41.96 Million | $10.08 Million | ▲ +92.1 pp |
| 2024 | 10.3% | $887.00K | $8.59 Million | $29.42 Million | $28.53 Million | ▲ +20.2 pp |
| 2023 | -9.9% | $-705.00K | $7.15 Million | $25.91 Million | $26.61 Million | ▼ -127.3 pp |
| 2022 | 117.4% | $-7.87 Million | $-6.71 Million | $14.79 Million | $22.66 Million | ▲ +33.4 pp |
| 2021 | 84.0% | $-1.43 Million | $-1.70 Million | $12.03 Million | $13.45 Million | ▼ -12.2 pp |
| 2020 | 96.2% | $-8.38 Million | $-8.71 Million | $8.07 Million | $16.45 Million | ▼ -2.8 pp |
| 2019 | 99.0% | $-14.13 Million | $-14.27 Million | $2.08 Million | $16.21 Million | ▼ -7.0 pp |
| 2018 | 106.1% | $-14.59 Million | $-13.76 Million | $4.33 Million | $18.93 Million | ▼ -156.5 pp |
| 2017 | 262.6% | $-3.21 Million | $-1.22 Million | $22.73 Million | $25.93 Million | ▲ +246.1 pp |
| 2016 | 16.5% | $1.31 Million | $7.95 Million | $23.31 Million | $22.00 Million | ▼ -49.2 pp |
| 2015 | 65.7% | $8.24 Million | $12.54 Million | $19.66 Million | $11.43 Million | ▲ +29.0 pp |
| 2014 | 36.7% | $1.90 Million | $5.17 Million | $3.33 Million | $1.43 Million | ▲ +138.8 pp |
| 2013 | -102.1% | $-4.78 Million | $4.68 Million | $5.60 Million | $10.38 Million | ▼ -143.3 pp |
| 2012 | 41.2% | $3.88 Million | $9.43 Million | $10.33 Million | $6.45 Million | ▼ -15.0 pp |
| 2011 | 56.2% | $6.79 Million | $12.08 Million | $10.77 Million | $3.98 Million | ▲ +22.4 pp |
| 2010 | 33.8% | $3.14 Million | $9.29 Million | $5.80 Million | $2.66 Million | ▼ -7.1 pp |
| 2009 | 40.9% | $4.14 Million | $10.12 Million | $7.37 Million | $3.23 Million | ▼ -0.7 pp |
| 2008 | 41.6% | $4.22 Million | $10.14 Million | $6.73 Million | $2.51 Million | ▼ -15.3 pp |
| 2007 | 56.9% | $8.45 Million | $14.87 Million | $9.96 Million | $1.50 Million | ▼ -8.6 pp |
| 2006 | 65.4% | $11.45 Million | $17.50 Million | $12.71 Million | $1.25 Million | ▲ +10.3 pp |
| 2005 | 55.1% | $13.44 Million | $24.38 Million | $15.05 Million | $1.60 Million | ▼ -1.5 pp |
| 2004 | 56.7% | $15.97 Million | $28.17 Million | $17.48 Million | $1.51 Million | ▼ -6.2 pp |
| 2003 | 62.9% | $20.35 Million | $32.37 Million | $22.11 Million | $1.77 Million | ▲ +0.0 pp |
| 2002 | 62.8% | $24.10 Million | $38.35 Million | $25.36 Million | $1.26 Million | ▼ -5.2 pp |
| 2001 | 68.0% | $32.99 Million | $48.49 Million | $34.14 Million | $1.15 Million | ▲ +2.4 pp |
| 2000 | 65.7% | $19.08 Million | $29.06 Million | $20.91 Million | $1.83 Million | ▼ -9.0 pp |
| 1999 | 74.7% | $2.60 Million | $3.48 Million | $2.81 Million | $217.39K | ▼ -13.6 pp |
| 1998 | 88.3% | $4.08 Million | $4.62 Million | $4.27 Million | $191.84K | ▼ -6.4 pp |
| 1997 | 94.7% | $5.67 Million | $5.98 Million | $5.89 Million | $224.26K | — |