Enovix Current Ratio from 2010 to 2024

ENVX Stock  USD 9.23  0.01  0.11%   
Enovix Corp Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
5.29642073
Current Value
8.36
Quarterly Volatility
3.76872547
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Enovix Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enovix Corp's main balance sheet or income statement drivers, such as Interest Expense of 1.8 M, Net Interest Income of 10.4 M or Depreciation And Amortization of 176.3 K, as well as many indicators such as Price To Sales Ratio of 7.9 K, Dividend Yield of 0.0 or PTB Ratio of 7.26. Enovix financial statements analysis is a perfect complement when working with Enovix Corp Valuation or Volatility modules.
  
Check out the analysis of Enovix Corp Correlation against competitors.
For more information on how to buy Enovix Stock please use our How to Invest in Enovix Corp guide.

Latest Enovix Corp's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Enovix Corp over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Enovix Corp's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Enovix Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 22.79 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Enovix Current Ratio Regression Statistics

Arithmetic Mean12.30
Geometric Mean11.41
Coefficient Of Variation30.64
Mean Deviation2.96
Median14.31
Standard Deviation3.77
Sample Variance14.20
Range11.274
R-Value(0.58)
Mean Square Error10.10
R-Squared0.34
Significance0.02
Slope(0.49)
Total Sum of Squares198.85

Enovix Current Ratio History

2024 8.36
2023 5.3
2020 3.04
2019 10.33

About Enovix Corp Financial Statements

Enovix Corp investors use historical fundamental indicators, such as Enovix Corp's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Enovix Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 5.30  8.36 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Enovix Stock Analysis

When running Enovix Corp's price analysis, check to measure Enovix Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enovix Corp is operating at the current time. Most of Enovix Corp's value examination focuses on studying past and present price action to predict the probability of Enovix Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enovix Corp's price. Additionally, you may evaluate how the addition of Enovix Corp to your portfolios can decrease your overall portfolio volatility.