Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to equity ratio high or low?
The debt to equity ratio of 2.56 is 208% above its 5-year average of 0.83, near the high end of its 5-year range (0.02–2.56).
As of the fiscal period ended Sunday, July 5, 2026. 18.62% above its 12-month average of 2.16.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-07-05): 2.56.
DEBT TO EQUITY RATIO
2.56
DEBT TO EQUITY RATIO AVG TTM
2.16
DEBT TO EQUITY RATIO AVG 3Y
1.31
DEBT TO EQUITY RATIO AVG 5Y
0.83
DEBT TO EQUITY RATIO AVG 10Y
N/A
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+18.62%
CURRENT VS 3Y AVG
+95.16%
CURRENT VS 5Y AVG
+208.13%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.47
median of 460 covered companies
CURRENT VS SECTOR MEDIAN
+444.70%
vs the sector median at left
Enovix Corporation
Market Cap
$589.01M
Debt to Equity Ratio
2.56
TTM Avg
2.16
3Y Avg
1.31
5Y Avg
0.83
Market Cap
$587.21M
Debt to Equity Ratio
1.59
TTM Avg
1.53
3Y Avg
1.36
5Y Avg
1.16
Market Cap
$605.95M
Debt to Equity Ratio
1.29
TTM Avg
1.75
3Y Avg
1.73
5Y Avg
1.63
Market Cap
$621.04M
Debt to Equity Ratio
0.04
TTM Avg
0.04
3Y Avg
0.03
5Y Avg
0.02
Market Cap
$550.14M
Debt to Equity Ratio
0.78
TTM Avg
0.90
3Y Avg
0.89
5Y Avg
0.95
Market Cap
$548.17M
Debt to Equity Ratio
0.18
TTM Avg
0.14
3Y Avg
0.14
5Y Avg
0.14
Market Cap
$539.45M
Debt to Equity Ratio
0.13
TTM Avg
0.21
3Y Avg
0.13
5Y Avg
0.11
Market Cap
$649.44M
Debt to Equity Ratio
0.19
TTM Avg
0.23
3Y Avg
0.20
5Y Avg
0.18
Market Cap
$650.41M
Debt to Equity Ratio
N/A
TTM Avg
63.04
3Y Avg
33.38
5Y Avg
41.59
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enovix Corporation (ENVX) | $589.01M | 2.56 | 2.16 | 1.31 | 0.83 |
| Titan Machinery Inc. (TITN)vs › | $587.21M | 1.59 | 1.53 | 1.36 | 1.16 |
| Matthews International Corporation (MATW)vs › | $605.95M | 1.29 | 1.75 | 1.73 | 1.63 |
| Ballard Power Systems Inc. (BLDP)vs › | $621.04M | 0.04 | 0.04 | 0.03 | 0.02 |
| Pangaea Logistics Solutions, Ltd. (PANL)vs › | $550.14M | 0.78 | 0.90 | 0.89 | 0.95 |
| SBC Medical Group Holdings Incorporated (SBC)vs › | $548.17M | 0.18 | 0.14 | 0.14 | 0.14 |
| Kelly Services, Inc. (KELYA)vs › | $539.45M | 0.13 | 0.21 | 0.13 | 0.11 |
| Smith & Wesson Brands, Inc. (SWBI)vs › | $649.44M | 0.19 | 0.23 | 0.20 | 0.18 |
| Hertz Global Holdings, Inc. (HTZ)vs › | $650.41M | N/A | 63.04 | 33.38 | 41.59 |
| Roma Green Finance Limited Ordinary Shares (ROMA)vs › | $520.59M | 0.00 | 0.00 | 0.00 | 0.00 |
Debt/Equity
2.56
Current Ratio
9.71
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2026-07-05 | 2.56 |
| 2026-04-05 | 2.25 |
| 2025-12-28 | 1.99 |
| 2025-09-28 | 1.83 |
| 2025-06-29 | 0.94 |
| 2025-03-30 | 0.82 |
| 2024-12-29 | 0.78 |
| 2024-09-29 | 1.16 |
| 2024-06-30 | 1.14 |
| 2024-03-31 | 0.84 |
| 2023-12-31 | 0.74 |
| 2023-10-01 | 0.70 |
| 2023-07-02 | 0.71 |
| 2023-04-02 | 0.03 |
| 2022-12-31 | 0.02 |
| 2022-10-02 | 0.02 |
| 2022-07-03 | 0.02 |
| 2022-04-03 | 0.02 |
| 2021-12-31 | 0.03 |
| 2021-10-03 | 0.03 |
| 2021-06-30 | 0.81 |
| 2021-03-31 | 0.22 |
| 2020-12-31 | 0.00 |
| 2020-09-30 | 0.00 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |
