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 | 212.47 Bn | 164.72 Bn | 3.11 Bn | 0.03 |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 0.00 |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 0.01 |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | - |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 0.43 |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 0.22 |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 0.42 |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 0.22 |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 0.13 |
| 10 | Enovix | 349.36 Mn | -1.57 Bn | 3.33 Mn | 0.71 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 4, 2026 | 0.71 |
| 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();