Enovix (ENVX) Debt Ratio (2023 - 2026)

Enovix's (ENVX) quarterly Debt Ratio came in at 0.64 in Q2 2026, up 76.5% YoY from 0.36 in Q2 2025, and up 5.49% on a QoQ basis from 0.6 in Q4 2025.

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

Enovix (ENVX) has 4 years of Debt Ratio data on file, last reported at 0.64 in Q2 2026.

Quarterly Debt Ratio rose 76.5% year-over-year to 0.64 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.64 (up 76.5% YoY) and the FY2025 annual result came in at 0.6, up 76.85% from the prior year.
Debt Ratio advanced to 0.64 in Q2 2026, from 0.6 in the prior quarter.
In the past five years, Debt Ratio ranged from a high of 0.64 in Q2 2026 to a low of 0.31 in Q3 2023.
A 4-year average of 0.41 and a median of 0.37 in 2024 frame the typical range for Debt Ratio.
The widest YoY moves for Debt Ratio: up 76.85% in 2025, down 2.66% in 2025.
Tracing ENVX's Debt Ratio over 4 years: stood at 0.31 in 2023, then rose by 8.76% to 0.34 in 2024, then soared by 76.85% to 0.6 in 2025, then gained by 5.49% to 0.64 in 2026.
The last three Debt Ratio figures came in at 0.64 (Q2 2026), 0.6 (Q4 2025), and 0.58 (Q3 2025), per Business Quant data.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	Vertiv Holdings	101.35 Bn	98.24 Bn	1.23 Bn	0.18
2	Bloom Energy	58.17 Bn	55.50 Bn	355.57 Mn	0.00
3	nVent Electric	24.99 Bn	24.74 Bn	558.00 Mn	0.21
4	Hubbell	24.90 Bn	24.51 Bn	613.00 Mn	0.45
5	Advanced Energy Industries	11.37 Bn	9.96 Bn	236.10 Mn	0.37
6	Acuity Inc. (De)	10.36 Bn	9.95 Bn	606.40 Mn	0.15
7	Powell Industries	7.22 Bn	6.58 Bn	95.30 Mn	-
8	EnerSys	6.93 Bn	6.40 Bn	313.36 Mn	0.26
9	Hayward Holdings	3.18 Bn	2.70 Bn	155.05 Mn	0.31
10	Enovix	716.69 Mn	716.69 Mn	1.30 Mn	0.67

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