Enovix Corp (ENVX) — Defensive Interval Ratio
Enovix Corp (ENVX) has a Defensive Interval Ratio of 1374 days as of September 2025. Defensive assets of $227.95 Million (cash $-, short-term investments $223.32 Million, receivables $4.63 Million) cover 1374 days of daily cash needs of $165.96K/day. See Enovix Corp working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Enovix Corp Defensive Interval Ratio (2020–2024)
This chart shows how Enovix Corp's Defensive Interval Ratio has evolved across 5 annual periods from 2020 to 2024. As of September 2025, the ratio stands at 1374 days, meaning defensive assets of $227.95 Million can fund 1374 days of operations without new revenue. See Enovix Corp net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Enovix Corp (2020–2024)
The table below presents the year-by-year Defensive Interval Ratio for Enovix Corp from 2020 to 2024, covering 5 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see ENVX company net worth.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 31 days | $4.57 Million | $147.13K/day | $- | $0.00 | ▼ -424 days |
| 2023 | 455 days | $76.12 Million | $167.17K/day | $- | $73.69 Million | ▲ +453 days |
| 2022 | 3 days | $170.00K | $63.09K/day | $- | $0.00 | ▼ -3 days |
| 2021 | 5 days | $300.00K | $56.54K/day | $- | $- | ▼ -1 days |
| 2020 | 7 days | $200.00K | $29.78K/day | $- | $- | — |