Enovix (ENVX) Debt Ratio (2023 - 2026)
Enovix's (ENVX) Debt Ratio came in at 0.66 for Q2 2026, up 73.4% from 0.38 a year earlier and up 4.7% from the prior quarter.
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Analysis
Enovix (ENVX) Debt Ratio (2023 - 2026) Analysis & Trends
For FY2025, Enovix's Debt Ratio stood at 0.60, up 77.0% from FY2024.
- In prior years, Enovix's Debt Ratio was 0.34 in FY2024 (+9.7%) and 0.31 in FY2023.
- The Q2 2026 figure stands as the highest quarterly Debt Ratio in data going back to Q2 2023.
- On a year-over-year basis, Debt Ratio has increased in each of the last nine quarters, with growth averaging 39.2% over the last eight quarters.
- Across the past five years, year-over-year growth in Debt Ratio ran from 3.6% in Q1 2025 to 77.0% in Q4 2025.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.64 (Q1 2026), 0.60 (Q4 2025) and 0.58 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 0.03 |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 0.00 |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 0.00 |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 0.46 |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 0.23 |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | - |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 0.26 |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 0.20 |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 0.13 |
| 10 | Enovix | 635.67 Mn | 637.71 Mn | 1.30 Mn | 0.66 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | 0.66 |
| 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 |
API Access
Enovix Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=ENVX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "ENVX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=ENVX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();