ENVX
Price:
$9.09
Market Cap:
$1.74B
Enovix Corporation designs, develops, and manufactures lithium-ion batteries. The company was founded in 2007 and is headquartered in Fremont, California.
Industry
Electrical Equipment & Parts
IPO Date
2021-01-05
Stock Exchange
NASDAQ
Ticker
ENVX
According to Enovix Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 9.72. This represents a change of 60.26% compared to the average of 6.06 of the last 4 quarters.
The mean historical Current Ratio of Enovix Corporation over the last ten years is 9.63. The current 9.72 Current Ratio has changed 9.99% with respect to the historical average. Over the past ten years (40 quarters), ENVX's Current Ratio was at its highest in in the April 2022 quarter at 23.81. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
9.63
Median
7.91
Minimum
3.04
Maximum
19.29
Discovering the peaks and valleys of Enovix Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 534.52%
Maximum Annual Current Ratio = 19.29
Minimum Annual Increase = -70.56%
Minimum Annual Current Ratio = 3.04
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 5.49 | 3.72% |
| 2023 | 5.30 | -63.00% |
| 2022 | 14.31 | -25.80% |
| 2021 | 19.29 | 534.52% |
| 2020 | 3.04 | -70.56% |
The current Current Ratio of Enovix Corporation (ENVX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
8.37
5-year avg
9.49
10-year avg
9.63
Enovix Corporation’s Current Ratio is greater than Amprius Technologies, Inc. (6.65), greater than Atkore Inc. (3.05), greater than Microvast Holdings, Inc. (0.83), greater than PureCycle Technologies, Inc. (2.24), greater than TIC Solutions, Inc. (2.41), greater than Intuitive Machines, Inc. (3.70), greater than Xometry, Inc. (3.62), greater than The GEO Group, Inc. (1.62), greater than Triton International Limited (5.21),
| Company | Current Ratio | Market cap |
|---|---|---|
| 6.65 | $1.59B | |
| 3.05 | $2.18B | |
| 0.83 | $1.20B | |
| 2.24 | $1.73B | |
| 2.41 | $2.10B | |
| 3.70 | $2.04B | |
| 3.62 | $2.91B | |
| 1.62 | $2.39B | |
| 5.21 | $2.54B |
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What is the 5-year average Current Ratio for Enovix Corporation (ENVX)?
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