Enovix (ENVX) Interest Coverage Ratio (2020 - 2026)

Enovix (ENVX) posted Interest Coverage Ratio of 2.83 for Q2 2026, up 79.78% on a QoQ basis from 13.97 in Q4 2025, and up 88.61% year-over-year from 1.5 in Q2 2025.

Enovix (ENVX) Interest Coverage Ratio (2020 - 2026) Analysis & Trends

Enovix's Interest Coverage Ratio history runs 7 years deep, the most recent figure standing at 2.83 for Q2 2026.

  • Quarterly Interest Coverage Ratio rose 88.61% year-over-year to 2.83 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 11.49 (up 64.21% YoY) and the FY2025 annual result came in at 0.73, up 31.3% from the prior year.
  • Interest Coverage Ratio was 2.83 for Q2 2026 at Enovix, up from 13.97 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 80.46 in Q1 2023 and bottomed at 182.8 in Q2 2023.
  • A 5-year average of 21.1 and a median of 14.53 in 2024 frame the typical range for Interest Coverage Ratio.
  • Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 97.87% — and 2023, when it plunged 23456.65%.
  • Enovix's Interest Coverage Ratio stood at 0.78 in 2022, then slumped by 4798.69% to 38.01 in 2023, then surged by 47.18% to 20.08 in 2024, then jumped by 30.43% to 13.97 in 2025, then soared by 79.78% to 2.83 in 2026.
  • Business Quant data shows ENVX's Interest Coverage Ratio at 2.83 in Q2 2026, 13.97 in Q4 2025, and 2.92 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 9.62
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 10.28
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 0.11
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 2.70
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 1.82
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 1.71
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 24.78
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 8.68
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn -16.03
10 Enovix 943.39 Mn 945.45 Mn 1.55 Mn -2.83

Historic Data

Download Data
DateValue
Apr 5, 2026 -2.83
Dec 28, 2025 -13.97
Sep 28, 2025 -2.92
Jun 29, 2025 -12.55
Mar 30, 2025 -24.80
Dec 29, 2024 -20.08
Sep 29, 2024 -10.61
Jun 30, 2024 -19.11
Mar 31, 2024 -15.10
Dec 31, 2023 -38.01
Oct 1, 2023 -32.34
Apr 2, 2023 -182.80
Jan 1, 2023 80.46
Apr 3, 2022 -0.78
Oct 3, 2021 -0.32
Jun 30, 2021 -43.24
Mar 31, 2021 -36.48
Dec 31, 2020 -1.96