Enovix Debt To Equity from 2010 to 2024

ENVX Stock  USD 9.53  0.10  1.06%   
Enovix Corp Debt To Equity yearly trend continues to be fairly stable with very little volatility. Debt To Equity will likely drop to 0.54 in 2024. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
0.73837775
Current Value
0.54
Quarterly Volatility
0.42369762
 
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 10.4 M or Depreciation And Amortization of 176.3 K, as well as many indicators such as Price To Sales Ratio of 7.9 K, Dividend Yield of 0.0 or PTB Ratio of 7.26. 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 Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Enovix Corp over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Enovix Corp's Debt To Equity 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.
ViewLast Reported 0.02 %10 Years Trend
Slightly volatile
   Debt To Equity   
       Timeline  

Enovix Debt To Equity Regression Statistics

Arithmetic Mean0.21
Geometric Mean0.05
Coefficient Of Variation201.97
Mean Deviation0.29
Median0.02
Standard Deviation0.42
Sample Variance0.18
Range1.5009
R-Value0.42
Mean Square Error0.16
R-Squared0.18
Significance0.12
Slope0.04
Total Sum of Squares2.51

Enovix Debt To Equity History

2024 0.54
2023 0.74
2020 0.0902
2019 1.52

About Enovix Corp Financial Statements

Enovix Corp investors use historical fundamental indicators, such as Enovix Corp's Debt To Equity, 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
Debt To Equity 0.74  0.54 

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Additional Tools for Enovix Stock Analysis

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.