Enovix Corp Net Asset Quality Index
Enovix Corp net asset quality index. Enovix Corp (ENVX) has a Net Asset Quality Index of 32.5% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $913.71 Million minus total liabilities of $616.61 Million yields net assets of $297.10 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check how high is Enovix Corp's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Enovix Corp (2019–2024)
Net asset quality index of Enovix Corp from 2019 to 2024. This chart shows how Enovix Corp's Net Asset Quality Index has evolved across 6 annual periods from 2019 to 2024. As of September 2025, the index stands at 32.5%, representing net assets of $297.10 Million against total assets of $913.71 Million USD. See Enovix Corp book value and equity for net asset value and shareholders' equity analysis.
Enovix Corp Net Asset Quality Index by Year (2019–2024)
Enovix Corp net asset quality index by year from 2019 to 2024. The table below presents the year-by-year Net Asset Quality Index for Enovix Corp from 2019 to 2024, covering 6 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see Enovix Corp (ENVX) market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 47.3% | $249.40 Million | $527.17 Million | $277.77 Million | ▲ +1.0 pp |
| 2023 | 46.3% | $261.10 Million | $564.30 Million | $303.20 Million | ▼ -34.6 pp |
| 2022 | 80.9% | $356.43 Million | $440.59 Million | $84.16 Million | ▲ +13.3 pp |
| 2021 | 67.6% | $326.12 Million | $482.56 Million | $156.45 Million | ▲ +11.8 pp |
| 2020 | 55.7% | $36.22 Million | $64.96 Million | $28.75 Million | ▲ +33.4 pp |
| 2019 | 22.3% | $3.71 Million | $16.61 Million | $12.91 Million | — |