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Enovix Corporation ENVX Accounts Receivable Derecognized

Accounts Receivable Derecognized at other companies

Enovix Corporation logo
Enovix CorporationENVX
$0-100%
Heritage Financial logo
Heritage FinancialHFWA
$648K-41.6%
Terex logo
TerexTEX
$702M-1.8%
Vestis logo
VestisVSTS
$614M-1.3%
AGCO logo
AGCOAGCO
$1.24B+0.6%
Otis Worldwide logo
Otis WorldwideOTIS
$3.92B+6.3%

Other financials

Income statement

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Revenue$7.6M+49.1%
Gross profit$1.6M+495%
Operating income-$43.9M-3.1%
Net income-$38.3M-62.7%
EPS (diluted)-$0.18-50.0%

Balance sheet

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Cash & equivalents$90.6M-52.7%
Total debt$543.6M+179%
Total equity$240.7M+2.4%
Total assets$833.9M+67.1%

Cash flow

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Operating cash flow-$33.1M-95.6%
CapEx$3.2M-48.7%
Free cash flow-$36.3M-56.6%

Valuation

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Market cap$1.3B-18.0%
Enterprise value$1.75B+10.5%
P/S37.8×-31.2×

Profitability

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Gross margin21.5%
Operating margin-520.3%-160pp
Net margin-499.6%-149pp
FCF margin-368.9%-117pp

Returns & leverage

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Return on equity-72.1%-10.0pp
Debt / equity2.3×+1.4×
Current ratio11×+6.3×

Where this comes from

Reported directly by Enovix Corporation in its filing.

Tagged under the XBRL concept us-gaap:NotesReceivableNet.

The official record: Enovix Corporation’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Enovix Corporation's accounts receivable derecognized?
Enovix Corporation (ENVX) reported accounts receivable derecognized of $0 in Q1 2026.
How has Enovix Corporation's accounts receivable derecognized changed year-over-year?
Enovix Corporation's accounts receivable derecognized decreased by 100.0% year-over-year, from $1.26M to $0.
What does accounts receivable derecognized mean?
This metric represents the portion of trade receivables that have been removed from the balance sheet through factoring, securitization, or other transfer arrangements. It indicates the extent to which the company accelerates cash collection by selling its receivables to third parties. Monitoring this helps investors assess the company's reliance on external financing to manage working capital cycles.