Enovix Corporation ENVX Short-Term Borrowings
Short-Term Borrowings at other companies
Other financials
Where this comes from
Reported directly by Enovix Corporation in its filing.
Tagged under the XBRL concept us-gaap:ShortTermBorrowings.
The source filing: Enovix Corporation’s 10-Q, filed May 14, 2026.
- Filed
- May 13, 2026, 8:00 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001828318-26-000029
Our asset secured loans have fixed and floating interest rates with various maturity dates. From time to time, we renew our short-term loans once they reach the maturity dates. The current portion of long-term loans is recorded as short-term debt based on time remaining until maturity. As of April 5, 2026, short-term debt was $9.4 million, which comprised of $9.2 million of short-term loans with less than one-year term, and $0.2 million of the current portion of long-term loans. As of December 28, 2025, short-term debt was $9.9 million, which comprised of $9.7 million of short-term loans with less than one-year term, and $0.2 million of the current portion of long-term loans. As of April 5, 2026 and December 28, 2025, the weighted average interest rates on the short-term loans were approximately 5.0%. and 4.8%, respectively.
Item 1. Financial Statements (unaudited)
FAQ
- What is Enovix Corporation's short-term borrowings?
- Enovix Corporation (ENVX) reported short-term borrowings of $9.2M in Q1 2026.
- How has Enovix Corporation's short-term borrowings changed year-over-year?
- Enovix Corporation's short-term borrowings decreased by 9.8% year-over-year, from $10.2M to $9.2M.
- What is the long-term trend for Enovix Corporation's short-term borrowings?
- Over 2 years (2023 to 2025), Enovix Corporation's short-term borrowings has grown at a 50.2% compound annual growth rate (CAGR), from $4.3M to $9.7M.
- What does short-term borrowings mean?
- Bank lines of credit, revolving credit facilities, and other short-term debt instruments with maturities under one year.
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