Electrovaya Stock Today

ELVA Stock   3.61  0.01  0.28%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 41

 
High
 
Low
Below Average
Electrovaya is selling at 3.61 as of the 18th of January 2025; that is 0.28% down since the beginning of the trading day. The stock's open price was 3.62. Electrovaya has about a 41 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 29th of January 2023 and ending today, the 18th of January 2025. Click here to learn more.
Business Domain
Capital Goods
Category
Industrials
Electrovaya is entity of Canada. It is traded as Stock on TO exchange. The company has 40.09 M outstanding shares of which 16.42 K shares are currently shorted by private and institutional investors with about 0.8 days to cover all short positions. More on Electrovaya

Moving together with Electrovaya Stock

  0.64AMZN Amazon CDRPairCorr
  0.72JPM JPMorgan ChasePairCorr

Moving against Electrovaya Stock

  0.37AOT Ascot ResourcesPairCorr

Electrovaya Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Electrovaya's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Electrovaya or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO DirectorRajshekar Gupta
Business ConcentrationElectrical Components & Equipment, Electrical Equipment & Parts, Industrials, Industrials, Electrical Equipment, Electrical Equipment & Parts, Industrials (View all Sectors)
Electrovaya's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Electrovaya's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Electrovaya can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Electrovaya's financial leverage. It provides some insight into what part of Electrovaya's total assets is financed by creditors.
Liquidity
Electrovaya cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Electrovaya has accumulated 19.03 M in total debt. Debt can assist Electrovaya until it has trouble settling it off, either with new capital or with free cash flow. So, Electrovaya's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Electrovaya sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Electrovaya to invest in growth at high rates of return. When we think about Electrovaya's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

751,411
Electrovaya (ELVA) is traded on Toronto Exchange in Canada and employs 97 people. Electrovaya is listed under Electrical Components & Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 145.12 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Electrovaya's market, we take the total number of its shares issued and multiply it by Electrovaya's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Electrovaya operates under Electrical Equipment sector and is part of Industrials industry. The entity has 40.09 M outstanding shares of which 16.42 K shares are currently shorted by private and institutional investors with about 0.8 days to cover all short positions. Electrovaya has accumulated about 1.12 M in cash with (4.86 M) of positive cash flow from operations.
Check Electrovaya Probability Of Bankruptcy
Ownership Allocation
Electrovaya holds a total of 40.09 Million outstanding shares. Electrovaya retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Electrovaya Ownership Details

Electrovaya Risk Profiles

Although Electrovaya's alpha and beta are two of the key measurements used to evaluate Electrovaya's performance over the market, the standard measures of volatility play an important role as well.

Electrovaya Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Electrovaya without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Crypto Correlations Now

   

Crypto Correlations

Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
All  Next Launch Module

Electrovaya Corporate Executives

Elected by the shareholders, the Electrovaya's board of directors comprises two types of representatives: Electrovaya inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Electrovaya. The board's role is to monitor Electrovaya's management team and ensure that shareholders' interests are well served. Electrovaya's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Electrovaya's outside directors are responsible for providing unbiased perspectives on the board's policies.
John GibsonCFO SecretaryProfile
Francis GibsonCFO SecretaryProfile

Other Information on Investing in Electrovaya Stock

Electrovaya financial ratios help investors to determine whether Electrovaya Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Electrovaya with respect to the benefits of owning Electrovaya security.