Enovix (ENVX) Interest Coverage Ratio (2020 - 2026)
Enovix's (ENVX) quarterly Interest Coverage Ratio came in at 2.83 in Q2 2026, up 88.61% YoY from 1.5 in Q2 2025, and down 122.83% on a QoQ basis from 12.38 in Q4 2025.
Enovix (ENVX) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Enovix (ENVX) has 7 years of Interest Coverage Ratio data on file, last reported at 2.83 in 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 49.71% YoY) and the FY2025 annual result came in at 0.73, up 31.3% from the prior year.
- Interest Coverage Ratio eased to 2.83 in Q2 2026, from 12.38 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 80.46 in Q1 2023 to a low of 182.8 in Q2 2023.
- A 5-year average of 17.33 and a median of 12.57 in 2025 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio sank 23456.65% — and 2025, when it surged 198.36%.
- Tracing ENVX's Interest Coverage Ratio over 5 years: stood at 0.78 in 2022, then plunged by 2359.45% to 19.09 in 2023, then soared by 34.07% to 12.58 in 2024, then jumped by 198.36% to 12.38 in 2025, then tumbled by 122.83% to 2.83 in 2026.
- The last three Interest Coverage Ratio figures came in at 2.83 (Q2 2026), 12.38 (Q4 2025), and 2.92 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 36.66 |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 20.46 |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 231.31 |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | - |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 28.82 |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | - |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | - |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 14.29 |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | - |
| 10 | Enovix | 716.69 Mn | 716.69 Mn | 1.30 Mn | -6.64 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 5, 2026 | -3.73 |
| Apr 5, 2026 | -2.83 |
| Dec 28, 2025 | 12.38 |
| Sep 28, 2025 | -2.92 |
| Jun 29, 2025 | -12.55 |
| Mar 30, 2025 | -24.80 |
| Dec 29, 2024 | -12.58 |
| Sep 29, 2024 | -10.61 |
| Jun 30, 2024 | -19.11 |
| Mar 31, 2024 | -15.10 |
| Dec 31, 2023 | -19.09 |
| 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 | -0.15 |