Enovix Corp (ENVX) - Total Liabilities
Based on the latest financial reports, Enovix Corp (ENVX) has total liabilities worth $616.61 Million USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore Enovix Corp (ENVX) long-term investment share to see how much of total assets are deployed in long-term investments.
Enovix Corp - Total Liabilities Trend (2019–2024)
This chart illustrates how Enovix Corp's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see total assets of Enovix Corp.
Enovix Corp Competitors by Total Liabilities
The table below lists competitors of Enovix Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Sichuan Mingxing Electric Power Co Ltd
SHG:600101
|
China | CN¥1.11 Billion |
|
Yueyang Xingchang Petro-Chemical Co Ltd
SHE:000819
|
China | CN¥1.35 Billion |
|
Shenandoah Telecommunications Co
NASDAQ:SHEN
|
USA | $995.92 Million |
|
Xinjiang Yilite Industry Co Ltd
SHG:600197
|
China | CN¥1.94 Billion |
|
EagleRock Land, LLC
NYSE:EROK
|
USA | $58.41 Million |
|
T'way Air Co Ltd
KO:091810
|
Korea | ₩1.74 Trillion |
|
Shanxi Huhua Group Co Ltd
SHE:003002
|
China | CN¥632.71 Million |
|
Chongqing QinAn M&E PLC
SHG:603758
|
China | CN¥1.26 Billion |
Liability Composition Analysis (2019–2024)
This chart breaks down Enovix Corp's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See net asset quality index of Enovix Corp to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 9.72 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 2.10 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.67 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Enovix Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Enovix Corp (2019–2024)
The table below shows the annual total liabilities of Enovix Corp from 2019 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $277.77 Million | -8.39% |
| 2023-12-31 | $303.20 Million | +260.27% |
| 2022-12-31 | $84.16 Million | -46.21% |
| 2021-12-31 | $156.45 Million | +444.20% |
| 2020-12-31 | $28.75 Million | +122.75% |
| 2019-12-31 | $12.91 Million | -- |
About Enovix Corp
Enovix Corporation designs, develops, and manufactures lithium-ion battery cells in the United States and internationally. It serves wearables and IoT, smartphone, computing, electrical vehicles, and original equipment manufacturers. The company was founded in 2007 and is headquartered in Fremont, California.