Enovix

Enovix Quick Ratio

The Quick Ratio (Acid Test) of Enovix (ENVX) as of Oct 27, 2026 is 5.35. In the previous year, Quick Ratio (Acid Test) was 5.15 — a change of 3.83% (higher).

Quick Ratio

5.35

YoY

3.83%

Last updated:

Quick Ratio (Acid Test) of Enovix is 2024 5.35 . Quick Ratio (Acid Test) of Enovix was 2023 5.15 . It decreases by 3.83% higher compared to the previous year.

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Enovix Stock analysis

What does Enovix do? Enovix Corp designs and develops silicon-anode lithium-ion batteries, delivering commercial cells from Fab1, which features a first-of-its-kind production line. The company serves wearable, IoT, laptop, mobile, industrial, and mobile cell applications with its BrakeFlow intra-cell system that increases abuse tolerance. Enovix provides vertical integration of electrode coating and battery pack manufacturing, operating two factories in Korea for its lithium-ion battery business. The company's product roadmap focuses on future nodes at higher energy density levels, targeting applications like wearables, IoT devices, laptops, and industrial equipment. Enovix delivers commercial cells from Fab1, emphasizing its unique production capabilities and vertical integration to serve specific market segments without naming external partners or customers. Enovix operates with a clear focus on high-energy-density battery solutions for niche markets, leveraging its Fab1 facility and BrakeFlow technology to address abuse tolerance in demanding applications. The firm's two Korean factories support its lithium-ion battery business, enabling vertical integration from electrode coating to battery pack manufacturing. Enovix is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Enovix stock

Quick Ratio (Acid Test) of Enovix is 5.35 in 2024.

Quick Ratio (Acid Test) of Enovix changed from 5.15 to 5.35, representing a 3.83% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Quick Ratio (Acid Test) Enovix since 2006 – with annual values, charts, and detailed analysis.

The Quick Ratio measures liquidity by comparing liquid assets to current liabilities, excluding inventory. It is a more conservative measure than the current ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Quick Ratio (Acid Test)'s Enovix with sector peers and the industry average to assess whether it is attractive.

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Leverage — Enovix

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