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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |