What is Enovix Corporation's debt-to-assets?

Enovix Corporation (ENVX) reported debt-to-assets of 0.7× in Q1 2026.

How has Enovix Corporation's debt-to-assets changed year-over-year?

Enovix Corporation's debt-to-assets increased by 67.0% year-over-year, from 0.4× to 0.7×.

What is the long-term trend for Enovix Corporation's debt-to-assets?

Over 4 years (2021 to 2025), Enovix Corporation's debt-to-assets has grown at a 136.1% compound annual growth rate (CAGR), from 0× to 0.6×.

What does debt-to-assets mean?

Total debt divided by total assets at the quarter end. Measures the share of the asset base financed by debt.

Enovix Corporation ENVX Debt-to-assets

Debt-to-assets at other companies

QuantumScape Corporation QS

0.1×0.0×

Amprius TechnologiesAMPX

0.1×-0.3×

Eos Energy Enterprises, Inc.EOSE

0.8×-0.4×

Advanced Energy IndustriesAEIS

0.3×0.0×

WolfspeedWOLF

0.3×-0.2×

EnerSysENS

0.3×0.0×

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$33.1M-95.6%

CapEx$3.2M-48.7%

Free cash flow-$36.3M-56.6%

Valuation

See full

Market cap$1.3B-18.0%

Enterprise value$1.75B+10.5%

P/S37.8×-31.2×

Profitability

See full

Gross margin21.5%—

Operating margin-520.3%-160pp

Net margin-499.6%-149pp

FCF margin-368.9%-117pp

Returns & leverage

See full

Return on equity-72.1%-10.0pp

Debt / equity2.3×+1.4×

Current ratio11×+6.3×

Where this comes from

Calculated from Enovix Corporation’s reported figures.

total debt/total assets=0.7×

Based on the most recent quarter.

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

Ask your AI about Enovix Corporation's debt-to-assets.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Enovix Corporation's debt-to-assets?: Enovix Corporation (ENVX) reported debt-to-assets of 0.7× in Q1 2026.
How has Enovix Corporation's debt-to-assets changed year-over-year?: Enovix Corporation's debt-to-assets increased by 67.0% year-over-year, from 0.4× to 0.7×.
What is the long-term trend for Enovix Corporation's debt-to-assets?: Over 4 years (2021 to 2025), Enovix Corporation's debt-to-assets has grown at a 136.1% compound annual growth rate (CAGR), from 0× to 0.6×.
What does debt-to-assets mean?: Total debt divided by total assets at the quarter end. Measures the share of the asset base financed by debt.