Enovix (ENVX) Debt Ratio (2023 - 2026)

Enovix (ENVX) posted Debt Ratio of 0.64 for Q2 2026, up 5.49% on a QoQ basis from 0.6 in Q4 2025, and up 76.5% year-over-year from 0.36 in Q2 2025.

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

Enovix's Debt Ratio history runs 4 years deep, the most recent figure standing at 0.64 for 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 was 0.64 for Q2 2026 at Enovix, up from 0.6 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.64 in Q2 2026 and bottomed at 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.
  • Peak annual rise in Debt Ratio reached 76.85% in 2025, while the deepest fall reached 2.66% in 2025.
  • Enovix's Debt Ratio stood at 0.31 in 2023, then advanced by 8.76% to 0.34 in 2024, then surged by 76.85% to 0.6 in 2025, then climbed by 5.49% to 0.64 in 2026.
  • Business Quant data shows ENVX's Debt Ratio at 0.64 in Q2 2026, 0.6 in Q4 2025, and 0.58 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 0.30
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 0.22
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn -
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 0.31
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 0.22
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 0.44
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 0.15
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn -
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 0.28
10 Enovix 943.39 Mn 945.45 Mn 1.55 Mn 0.64

Historic Data

Download Data
DateValue
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