What is Envela's net debt?

Envela (ELA) reported net debt of -$18.57M in Q1 2026.

How has Envela's net debt changed year-over-year?

Envela's net debt decreased by 510.1% year-over-year, from -$3.04M to -$18.57M.

What is the long-term trend for Envela's net debt?

Over 5 years (2020 to 2025), Envela's net debt has grown at a -31.1% compound annual growth rate (CAGR), from $11M to $1.7M.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Envela ELA Net debt

Discontinued — last reported Q1 '26

Net debt at other companies

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1.1×-0.3×

Travel + LeisureTNL

6×+1.6×

UnifirstUNF

-0.2×-0.1×

HES

Hess MidstreamHESM

3.1×-0.1×

Helen Of TroyHELE

4.8×+2.6×

CorMedixCRMD

-0.9×—

Other financials

Income statement

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Revenue$98.4M+104%

Gross profit$20.6M+72.3%

Operating income$11.2M+259%

Net income$8.8M+255%

EPS (diluted)$0.34+240%

Balance sheet

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Cash & equivalents$38.6M+83.6%

Total debt$20.0M+11.5%

Total equity$75.9M+37.6%

Total assets$108.0M+35.5%

Cash flow

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Operating cash flow$21.2M+1,771%

CapEx$567.9K+47.7%

Free cash flow$20.6M+2,658%

Valuation

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Market cap$681.28M+343%

Enterprise value$662.71M+340%

P/E32.5×+11.6×

P/S2.3×+1.5×

Profitability

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Gross margin21.5%-2.9pp

Operating margin9%+4.3pp

Net margin7.2%+3.3pp

FCF margin4%—

Returns & leverage

See full

Return on equity32%+17.9pp

Debt / equity0.3×-0.1×

Current ratio3.5×-1.0×

Where this comes from

Calculated from Envela’s reported figures.

$20.0Mtotal debt−$38.6Mcash and equivalents=-$18.57M

The official record: Envela’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Envela's net debt?: Envela (ELA) reported net debt of -$18.57M in Q1 2026.
How has Envela's net debt changed year-over-year?: Envela's net debt decreased by 510.1% year-over-year, from -$3.04M to -$18.57M.
What is the long-term trend for Envela's net debt?: Over 5 years (2020 to 2025), Envela's net debt has grown at a -31.1% compound annual growth rate (CAGR), from $11M to $1.7M.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.