Enovix Corp Total Liabilities
Enovix Corp 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. Check how resilient are Enovix Corp's assets to evaluate the company's liquid asset resilience ratio.
Total Liabilities of Enovix Corp (2019–2024)
Total liabilities of Enovix Corp from 2019 to 2024. This chart illustrates how Enovix Corp's total liabilities have evolved over time, based on quarterly financial data. Explore ENVX long-term investments to assets to see how much of total assets are deployed in long-term investments.
Enovix Corp Competitors by Total Liabilities
The table below lists competitors of Enovix Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
ZheJiang RIFA Digital Precision Machinery Co Ltd
SHE:002520
|
China | CN¥1.41 Billion |
|
Walton Advanced Engineering Inc
TW:8110
|
Taiwan | NT$4.31 Billion |
|
Anhui Tongfeng Electronics Co Ltd
SHG:600237
|
China | CN¥694.02 Million |
|
MLP Group S.A.
WAR:MLG
|
Poland | zł4.43 Billion |
|
Hunan Heshun Petroleum Co Ltd
SHG:603353
|
China | CN¥1.25 Billion |
|
AGF Management Limited
F:A3J
|
Germany | €527.47 Million |
|
Fujian Furi Electronics Co Ltd
SHG:600203
|
China | CN¥7.39 Billion |
|
Friend Co Ltd
SHG:605050
|
China | CN¥4.13 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. For the complete balance sheet picture, see Enovix Corp asset portfolio.
Liquidity & Leverage Metrics
Enovix Corp Total Liabilities Ratios Explained
Enovix Corp total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| 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.