Enovix Corp Financial Flexibility Index

Latest as of September 2025: -0.04x

Enovix Corp financial flexibility index. Enovix Corp (ENVX) has a Financial Flexibility Index of -0.04x as of September 2025. Free cash flow of $-22.55 Million (operating CF $-25.53 Million minus capex $2.97 Million) represents 0% of total liabilities ($616.61 Million). See cash generation quality of Enovix Corp to measure how efficiently the company converts operating cash flow to free cash.

Financial Flexibility Index

-0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-22.55 Million
Operating CF − Capex

Total Liabilities

$616.61 Million
USD

Capital Expenditures

$2.97 Million
USD

Financial Flexibility Index of Enovix Corp (2019–2024)

Financial flexibility index of Enovix Corp from 2019 to 2024. Historical Financial Flexibility Index trend for Enovix Corp across 6 annual periods. Check ENVX cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

Enovix Corp Financial Flexibility Index by Year (2019–2024)

Enovix Corp financial flexibility index by year from 2019 to 2024. Year-by-year free cash flow to debt coverage for Enovix Corp. For the full cash flow conversion analysis, see how efficiently does Enovix Corp generate cash.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 -0.12x $-32.45 Million $-108.63 Million $277.77 Million ▲ +20.3%
2023 -0.15x $-44.43 Million $-77.41 Million $303.20 Million ▲ +73.5%
2022 -0.55x $-46.53 Million $-82.74 Million $84.16 Million ▼ -965.1%
2021 -0.05x $-8.12 Million $-51.70 Million $156.45 Million ▼ -121.6%
2020 0.24x $6.90 Million $-20.05 Million $28.75 Million ▲ +133.2%
2019 -0.72x $-9.33 Million $-10.98 Million $12.91 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities