Electra Battery Materials Corporation (ELBM) Key Metrics
ELBM key metrics, 2016–2025
Fiscal year ended December 31, 2025 · Canadian dollarsELBM returns How much profit the business earns on the capital it uses.
ELBM financial health Debt, liquidity and how easily interest is covered.
ELBM efficiency & capital use Working capital cycle and where the cash goes.
ELBM returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ELBM debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ELBM key metrics in Canadian dollars
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −241.2% | −39.9% | −61.6% | 11.1% | −36.3% | −2.6% | −81.2% | −16.0% | −11.8% | −57.5% |
| Return on invested capital (ROIC) | −14.7% | −8.8% | −8.3% | −15.9% | −19.3% | −6.3% | −4.7% | −14.5% | −11.8% | −140.9% |
| Return on assets (ROA) | −79.1% | −19.6% | −38.5% | 7.1% | −25.7% | −2.4% | −76.9% | −15.5% | −11.5% | −52.2% |
| Return on tangible assets | −71.9% | −19.4% | −43.5% | 6.7% | −20.8% | −2.3% | −118.4% | −13.1% | −6.1% | −27.2% |
| Income quality (OCF / net income) | — | — | — | −1.26 | — | — | — | — | — | — |
| Financial health | ||||||||||
| Total debt | C$43.4M | C$71.9M | C$44.6M | C$29.7M | C$23.3M | C$6.7M | C$6.3M | — | — | — |
| Cash & short-term investments | C$39.0M | C$3.7M | C$8.2M | C$8.4M | C$60.4M | C$4.2M | C$4.4M | C$3.3M | C$29.8M | C$5.3M |
| Net debt | C$4.4M | C$68.2M | C$36.4M | C$21.3M | −C$37.1M | C$2.5M | C$1.9M | −C$3.3M | −C$29.8M | −C$5.3M |
| Debt / equity | 0.94 | 1.12 | 0.54 | 0.23 | 0.23 | 0.07 | 0.07 | — | — | — |
| Debt / assets | 0.23 | 0.47 | 0.30 | 0.16 | 0.14 | 0.06 | 0.06 | — | — | — |
| Current ratio | 0.46 | 0.08 | 0.19 | 0.25 | 13.16 | 3.68 | 17.89 | 1.35 | 8.98 | 15.26 |
| Quick ratio | 0.46 | 0.08 | 0.21 | 0.25 | 13.16 | 3.68 | 17.85 | 1.34 | 8.98 | 15.26 |
| Interest coverage | -1.6 | -1.9 | -1.7 | -0.6 | -100.5 | -11.6 | -32.3 | -127.1 | — | — |
| Working capital | −C$47.7M | −C$66.3M | −C$45.5M | −C$40.6M | C$57.2M | C$7.6M | C$4.8M | C$1.3M | C$27.8M | C$5.7M |
| Invested capital | C$50.7M | C$132.5M | C$119.7M | C$147.8M | C$62.9M | C$94.6M | C$90.5M | C$195.1M | C$107.7M | C$2.5M |
| Tangible asset value | C$46.2M | C$64.3M | C$83.3M | C$126.5M | C$100.0M | C$92.2M | C$88.6M | C$198.4M | C$137.5M | C$7.9M |
| Net current asset value | −C$98.8M | −C$81.4M | −C$54.8M | −C$47.5M | −C$5.7M | −C$1.1M | −C$4.6M | −C$994,317 | C$27.0M | C$5.7M |
| Capital allocation | ||||||||||
| Dividends paid | C$0 | C$0 | C$0 | C$0 | C$0 | — | — | — | — | — |
| Dividend payout ratio | — | — | — | 0.0% | — | — | — | — | — | — |
| Capex / depreciation | 46.75 | 8.54 | 244.73 | 992.12 | 1,048.50 | 1,048.50 | 1,437.25 | 4.91 | 2.83 | 2.75 |
| Efficiency | ||||||||||
| Days of inventory on hand | — | — | -7,045.8 | — | — | — | — | — | — | — |
| Days payables outstanding | 17,876.9 | 78,078.5 | 90,200.6 | 85,143.9 | 412,906.2 | — | — | — | — | — |
| Receivables turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Payables turnover | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — | — | — |
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average receivables | C$988,000 | C$1.2M | C$2.1M | C$2.0M | C$589,000 | C$242,057 | C$990,792 | C$1.2M | C$598,242 | C$235,267 |
| Average payables | C$4.7M | C$6.2M | C$13.8M | C$11.2M | C$2.3M | C$566,314 | C$1.2M | C$1.9M | C$917,098 | C$286,102 |
| Average inventory | — | — | −C$1.1M | — | — | C$5,681 | C$11,500 | C$11,500 | — | — |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from ELBM's annual financial statements (latest annual report filed March 30, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Canadian dollars; data from EODHD. Averages use the opening and closing balance of each year.
ELBM valuation and financial ratios
Electra Battery Materials earned a return on equity of −241.2% and a return on invested capital of −14.7% in fiscal 2025. It ended the year with C$43.4 million of debt and C$39.0 million in cash and short-term investments, net debt of C$4.4 million.
See the ELBM income statement, the ELBM chart for price history, or the ELBM stock overview for the latest quote and news.
ELBM key metrics FAQ
What is Electra Battery Materials's return on equity?
Electra Battery Materials's return on equity (ROE) was −241.2% in fiscal 2025: net income of -C$133.4 million on average shareholders' equity of C$55.3 million.
What is Electra Battery Materials's ROIC?
Electra Battery Materials's return on invested capital was −14.7% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Electra Battery Materials have?
Electra Battery Materials had total debt of C$43.4 million at the end of fiscal 2025, a debt-to-equity ratio of 0.94.
Does Electra Battery Materials pay a dividend?
Electra Battery Materials did not pay a dividend in fiscal 2025.
What is Electra Battery Materials's current ratio?
Electra Battery Materials's current ratio was 0.46 at the end of fiscal 2025: current assets were 0.46 times current liabilities.