Enovix ENVX
NASDAQ ENVX
$3.16 -0.31 (-8.93%)
At close: Sep 9, 2026 · 4:00 PM EDT

Enovix (ENVX) Debt Ratio (2023 - 2026)

Enovix's (ENVX) quarterly Debt Ratio came in at 0.67 in Q3 2026, up 73.27% on a YoY basis from 0.38 in Q3 2025, and up 4.68% quarter-over-quarter from 0.64 in Q2 2026.

Analysis

Enovix (ENVX) Debt Ratio (2023 - 2026) Analysis & Trends

Enovix (ENVX) has reported Debt Ratio for 4 consecutive years, with 0.67 the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Debt Ratio rose 73.27% year-over-year to 0.67; the trailing twelve-month figure through Jul 2026 stood at 0.67 (up 73.27% YoY), and the FY2025 full-year result was 0.6, up 76.9% from the prior year.
  • Debt Ratio climbed to 0.67 in Q3 2026 per ENVX's latest filing, from 0.64 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.67 in Q3 2026 and bottomed at 0.31 in Q3 2023.
  • Historically, Debt Ratio has averaged 0.43 across 4 years, with a median of 0.37 in 2024.
  • The widest YoY moves for Debt Ratio: up 76.9% in 2025, down 2.78% in 2025.
  • Over 4 years, Debt Ratio stood at 0.31 in 2023, then grew by 8.78% to 0.34 in 2024, then surged by 76.9% to 0.6 in 2025, then increased by 10.42% to 0.67 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.67, 0.64, and 0.6 for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 EnerSys 6.53 Bn 6.00 Bn 313.36 Mn 0.27
2 QuantumScape 3.23 Bn 3.23 Bn - -
3 Eos Energy Enterprises 1.43 Bn 1.08 Bn -48.80 Mn 0.50
4 Fluence Energy 1.40 Bn 839.06 Mn 33.24 Mn -
5 Energy Vault Holdings 764.95 Mn 657.60 Mn 5.38 Mn 0.92
6 Enovix 695.93 Mn 695.93 Mn 1.30 Mn 0.67
7 Amprius Technologies 466.27 Mn 391.76 Mn 9.28 Mn -
8 Electrovaya 265.14 Mn 252.06 Mn 6.19 Mn 0.32
9 Microvast Holdings 218.97 Mn 75.84 Mn 25.78 Mn 0.23
10 Ses Ai 173.54 Mn 173.54 Mn 1.15 Mn 0.04
Historic Data

Historic Data

Download Data
DateValue
Jul 5, 2026 0.67
Apr 5, 2026 0.64
Dec 28, 2025 0.60
Sep 28, 2025 0.58
Jun 29, 2025 0.38
Mar 30, 2025 0.36
Dec 29, 2024 0.34
Sep 29, 2024 0.40
Jun 30, 2024 0.37
Mar 31, 2024 0.35
Dec 31, 2023 0.31
Oct 1, 2023 0.32
Jul 2, 2023 0.31