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| 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 |