Enovix Asset Turnover from 2010 to 2025

ENVX Stock  USD 10.72  0.23  2.10%   
Enovix Corp Asset Turnover yearly trend continues to be fairly stable with very little volatility. Asset Turnover will likely drop to 0.0005 in 2025. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Enovix Corp uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.000536
Current Value
0.000509
Quarterly Volatility
0.00547147
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Enovix Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enovix Corp's main balance sheet or income statement drivers, such as Interest Expense of 1.8 M, Net Interest Income of 12 M or Depreciation And Amortization of 158.7 K, as well as many indicators such as Price To Sales Ratio of 7.1 K, Dividend Yield of 0.0 or PTB Ratio of 8.35. Enovix financial statements analysis is a perfect complement when working with Enovix Corp Valuation or Volatility modules.
  
Check out the analysis of Enovix Corp Correlation against competitors.
For more information on how to buy Enovix Stock please use our How to Invest in Enovix Corp guide.

Latest Enovix Corp's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Enovix Corp over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. Enovix Corp's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Enovix Corp's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Slightly volatile
   Asset Turnover   
       Timeline  

Enovix Asset Turnover Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation47.45
Mean Deviation0
Median0.01
Standard Deviation0.01
Sample Variance0.00003
Range0.0136
R-Value(0.68)
Mean Square Error0.000017
R-Squared0.46
Significance0
Slope(0.0008)
Total Sum of Squares0.0004

Enovix Asset Turnover History

2025 5.09E-4
2024 5.36E-4
2023 4.66E-4

Other Fundumenentals of Enovix Corp

Enovix Corp Asset Turnover component correlations

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-0.94-0.960.82-0.870.8-0.89-0.94-0.860.160.27-0.91-0.96-0.94-0.95-0.85-0.69-0.870.650.650.65
0.85-0.96-0.710.73-0.690.780.850.73-0.07-0.050.980.980.860.890.720.560.92-0.78-0.78-0.78
-0.920.82-0.71-0.880.99-0.92-0.86-0.860.260.54-0.6-0.72-0.86-0.84-0.85-0.75-0.690.40.40.4
0.96-0.870.73-0.88-0.840.970.980.98-0.27-0.680.630.790.970.950.990.90.74-0.4-0.4-0.4
-0.910.8-0.690.99-0.84-0.88-0.82-0.830.280.53-0.58-0.7-0.81-0.8-0.83-0.73-0.650.420.420.42
0.96-0.890.78-0.920.97-0.880.970.95-0.28-0.570.680.80.980.960.940.770.82-0.39-0.39-0.39
0.96-0.940.85-0.860.98-0.820.970.95-0.18-0.510.770.891.00.990.960.830.84-0.5-0.5-0.5
0.96-0.860.73-0.860.98-0.830.950.95-0.43-0.720.610.770.950.920.990.880.74-0.45-0.45-0.45
-0.330.16-0.070.26-0.270.28-0.28-0.18-0.430.530.090.0-0.22-0.16-0.33-0.16-0.210.180.180.18
-0.550.27-0.050.54-0.680.53-0.57-0.51-0.720.530.1-0.15-0.49-0.42-0.72-0.76-0.12-0.07-0.07-0.07
0.76-0.910.98-0.60.63-0.580.680.770.610.090.10.970.770.830.620.490.87-0.8-0.8-0.8
0.88-0.960.98-0.720.79-0.70.80.890.770.0-0.150.970.880.920.790.690.87-0.77-0.77-0.77
0.96-0.940.86-0.860.97-0.810.981.00.95-0.22-0.490.770.880.990.950.790.86-0.49-0.49-0.49
0.95-0.950.89-0.840.95-0.80.960.990.92-0.16-0.420.830.920.990.920.780.9-0.56-0.56-0.56
0.96-0.850.72-0.850.99-0.830.940.960.99-0.33-0.720.620.790.950.920.930.71-0.45-0.45-0.45
0.84-0.690.56-0.750.9-0.730.770.830.88-0.16-0.760.490.690.790.780.930.49-0.43-0.43-0.43
0.81-0.870.92-0.690.74-0.650.820.840.74-0.21-0.120.870.870.860.90.710.49-0.7-0.7-0.7
-0.590.65-0.780.4-0.40.42-0.39-0.5-0.450.18-0.07-0.8-0.77-0.49-0.56-0.45-0.43-0.71.01.0
-0.590.65-0.780.4-0.40.42-0.39-0.5-0.450.18-0.07-0.8-0.77-0.49-0.56-0.45-0.43-0.71.01.0
-0.590.65-0.780.4-0.40.42-0.39-0.5-0.450.18-0.07-0.8-0.77-0.49-0.56-0.45-0.43-0.71.01.0
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About Enovix Corp Financial Statements

Enovix Corp investors use historical fundamental indicators, such as Enovix Corp's Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Enovix Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year

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When running Enovix Corp's price analysis, check to measure Enovix Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enovix Corp is operating at the current time. Most of Enovix Corp's value examination focuses on studying past and present price action to predict the probability of Enovix Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enovix Corp's price. Additionally, you may evaluate how the addition of Enovix Corp to your portfolios can decrease your overall portfolio volatility.