Enovix (ENVX) Debt Ratio (2023 - 2026)
Enovix (ENVX) reported Debt Ratio of 0.64 for Q2 2026, up 76.5% on a YoY basis from 0.36 in Q2 2025, and up 5.49% quarter-over-quarter from 0.6 in Q4 2025.
Enovix (ENVX) Debt Ratio (2023 - 2026) Analysis & Trends
Enovix has reported Debt Ratio for 4 years, with the latest figure at 0.64 in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio rose 76.5% year-over-year to 0.64; the trailing twelve-month figure through Apr 2026 stood at 0.64 (up 76.5% YoY), and the FY2025 full-year result was 0.6, up 77.02% from the prior year.
- Debt Ratio for Q2 2026 stood at 0.64, up from 0.6 in the prior quarter.
- The five-year high for Debt Ratio was 0.64 in Q2 2026, with the low at 0.31 in Q3 2023.
- Historically, Debt Ratio has averaged 0.41 across 4 years, with a median of 0.36 in 2024.
- The largest YoY upside for Debt Ratio was 77.02% in 2025 against a maximum downside of 3.58% in 2025.
- Enovix's Debt Ratio stood at 0.31 in 2023, then increased by 9.65% to 0.34 in 2024, then jumped by 77.02% 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | 0.33 |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 0.22 |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | - |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 0.22 |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 0.31 |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 0.22 |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | - |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | - |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 0.15 |
| 10 | Enovix | 1.46 Bn | 1.46 Bn | 1.55 Mn | 0.64 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |