Envela ELA Notes Payable
Notes Payable at other companies
Other financials
Where this comes from
Reported directly by Envela in its filing.
Tagged under the XBRL concept us-gaap:NotesPayableCurrent.
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 notes payable?
- Envela (ELA) reported notes payable of $7.69M in Q1 2026.
- How has Envela's notes payable changed year-over-year?
- Envela's notes payable increased by 126.2% year-over-year, from $3.4M to $7.69M.
- What is the long-term trend for Envela's notes payable?
- Over 5 years (2020 to 2025), Envela's notes payable has grown at a 90.9% compound annual growth rate (CAGR), from $307.03K to $7.79M.
- What does notes payable mean?
- Notes payable represents the total principal amount of debt obligations evidenced by formal written promissory notes. This liability reflects the company's commitment to repay borrowed funds to creditors or lenders within specified timeframes. Monitoring this balance is essential for assessing the company's short-term liquidity risk and its reliance on debt financing for operational or capital needs.