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Electrovaya (TSX:ELVA) Debt-to-Revenue : 0.33 (As of Sep. 2023)


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What is Electrovaya Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Electrovaya's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$22.59 Mil. Electrovaya's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$3.16 Mil. Electrovaya's annualized Revenue for the quarter that ended in Sep. 2023 was C$79.00 Mil. Electrovaya's annualized Debt-to-Revenue for the quarter that ended in Sep. 2023 was 0.33.


Electrovaya Debt-to-Revenue Historical Data

The historical data trend for Electrovaya's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Electrovaya Debt-to-Revenue Chart

Electrovaya Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.90 0.94 1.16 1.48 0.44

Electrovaya Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 0.40 0.47 0.48 0.33

Competitive Comparison of Electrovaya's Debt-to-Revenue

For the Electrical Equipment & Parts subindustry, Electrovaya's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Electrovaya's Debt-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Electrovaya's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Electrovaya's Debt-to-Revenue falls into.



Electrovaya Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Electrovaya's Debt-to-Revenue for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(22.587 + 3.164) / 58.679
=0.44

Electrovaya's annualized Debt-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(22.587 + 3.164) / 79.004
=0.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2023) Revenue data.


Electrovaya Debt-to-Revenue Related Terms

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Electrovaya (TSX:ELVA) Business Description

Traded in Other Exchanges
Address
6688 Kitimat Road, Mississauga, ON, CAN, L5N 1P8
Electrovaya Inc designs develop and manufacture proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. It is a technology-focused company with extensive IP. The company generates revenue from the sale of batteries and battery systems. Business operations are segmented based on large format batteries and others. This technology offers enhanced safety and industry leading battery longevity. Geographically it earns key revenue from the United States.