Enovix (ENVX) Interest Coverage Ratio (2023 - 2026)
Enovix (ENVX) reported Interest Coverage Ratio of 6.26 for Q2 2026, up 74.75% on a YoY basis from 3.58 in Q2 2025, and up 8.71% quarter-over-quarter from 6.86 in Q4 2025.
Enovix (ENVX) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Enovix has reported Interest Coverage Ratio for 4 years, with the latest figure at 6.26 in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio rose 74.75% year-over-year to 6.26; the trailing twelve-month figure through Apr 2026 stood at 6.64 (up 78.87% YoY), and the FY2025 full-year result was 8.21, up 77.05% from the prior year.
- Interest Coverage Ratio for Q2 2026 stood at 6.26, up from 6.86 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 3.99 in Q3 2025, with the low at 52.48 in Q2 2024.
- Historically, Interest Coverage Ratio has averaged 27.0 across 4 years, with a median of 27.16 in 2025.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio decreased 28.56% — and 2025, when it soared 86.08%.
- Enovix's Interest Coverage Ratio stood at 39.76 in 2023, then surged by 49.51% to 20.08 in 2024, then soared by 65.83% to 6.86 in 2025, then gained by 8.71% to 6.26 in 2026.
- The last three Interest Coverage Ratio figures came in at 6.26 (Q2 2026), 6.86 (Q4 2025), and 3.99 (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | -100.02 |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 8.39 |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 150.54 |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | - |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 16.66 |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | - |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | -24.97 |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | - |
| 10 | Enovix | 1.46 Bn | 1.46 Bn | 1.55 Mn | -6.26 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |