Enovix (ENVX) Interest Coverage Ratio (2023 - 2026)
Enovix's (ENVX) quarterly Interest Coverage Ratio came in at 6.64 in Q3 2026, up 74.11% on a YoY basis from 3.81 in Q3 2025, and down 6.0% quarter-over-quarter from 6.26 in Q2 2026.
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Enovix (ENVX) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Enovix (ENVX) has reported Interest Coverage Ratio for 4 consecutive years, with 6.64 the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Interest Coverage Ratio rose 74.11% year-over-year to 6.64; the trailing twelve-month figure through Jul 2026 stood at 5.62 (up 77.34% YoY), and the FY2025 full-year result was 8.21, up 77.05% from the prior year.
- Interest Coverage Ratio eased to 6.64 in Q3 2026 per ENVX's latest filing, from 6.26 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 3.99 in Q3 2025 and bottomed at 52.48 in Q2 2024.
- Historically, Interest Coverage Ratio has averaged 25.44 across 4 years, with a median of 25.65 in 2025.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio slipped 28.56% in 2024, then jumped 86.08% in 2025.
- Over 4 years, Interest Coverage Ratio stood at 39.76 in 2023, then jumped by 49.51% to 20.08 in 2024, then surged by 65.83% to 6.86 in 2025, then grew by 3.23% to 6.64 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 6.64, 6.26, and 6.86 for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.53 Bn | 6.00 Bn | 313.36 Mn | 14.29 |
| 2 | QuantumScape | 3.23 Bn | 3.23 Bn | - | -227.74 |
| 3 | Eos Energy Enterprises | 1.43 Bn | 1.08 Bn | -48.80 Mn | -7.00 |
| 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 | -5.88 |
| 6 | Enovix | 695.93 Mn | 695.93 Mn | 1.30 Mn | -6.64 |
| 7 | Amprius Technologies | 466.27 Mn | 391.76 Mn | 9.28 Mn | - |
| 8 | Electrovaya | 265.14 Mn | 252.06 Mn | 6.19 Mn | 2.06 |
| 9 | Microvast Holdings | 218.97 Mn | 75.84 Mn | 25.78 Mn | -1.30 |
| 10 | Ses Ai | 173.54 Mn | 173.54 Mn | 1.15 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | -6.64 |
| Apr 5, 2026 | -6.26 |
| Dec 28, 2025 | -6.86 |
| Sep 28, 2025 | -3.99 |
| Jun 29, 2025 | -25.65 |
| Mar 30, 2025 | -24.80 |
| Dec 29, 2024 | -20.08 |
| Sep 29, 2024 | -28.68 |
| Jun 30, 2024 | -52.48 |
| Mar 31, 2024 | -42.28 |
| Dec 31, 2023 | -39.76 |
| Oct 1, 2023 | -32.36 |
| Jul 2, 2023 | -40.82 |