Enovix Corporation cash flow to debt ratio of -17.63% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.

Enovix Corporation's free cash flow has increased -38.58% from $-184.82M last year to $-113.51M, signaling increasing performance

Enovix Corporation's debt to equity ratio is 2.25, which means that the company's assets are unhealthy financed, signaling financial risk.

Enovix Corporation's debt has increased relative to shareholder equity from 0.78 last year to 2.25 today, signaling weakened financials

Enovix Corporation has negative EBITDA, making leverage ratio unreliable

Enovix Corporation's interest coverage ratio is -6.64, which means that the company struggles to meet interest obligations, signaling financial risk.

Enovix Corporation's profit margin has increased (-48.13%) in the last year from -963.17% to -499.64%, signaling increasing performance

Enovix Corporation's short-term assets of $542.21M exceed its short-term liabilities of $65.02M

Enovix Corporation's return on assets of 0.00% is lower than the 5.00% threshold, indicating inefficient asset utilization

Enovix Corporation's return on equity of -67.92%, is lower than 15.00%, indicating bad performance

Enovix Corporation's operating cash flow is lower than its net income, indicating that earnings may not be fully backed by cash generation

Enovix Corporation had positive net income in only 0 out of 5 years, indicating unstable earnings

Enovix Corporation has negative free cash flow, indicating the company is burning cash rather than generating it

Enovix Corporation has negative free cash flow, indicating cash burn

Enovix Corporation's yearly earnings has increased -29.47% since last year from $-222.24M to $-156.74M, signaling increasing performance

Enovix Corporation's yearly revenue has increased 37.91% since last year from $23.07M to $31.82M, signaling increasing performance

ROIC -22.37% (Source: FMP key-metrics). Below the 5% partial-credit threshold. Score: 0 of 2. The 5% and 10% cutoffs anchor to typical US weighted-average cost of capital. Below 5% indicates the company is not generating returns above its likely cost of capital under this definition of invested capital. Invested capital here includes equity, non-current liabilities (pension obligations, deferred taxes, lease obligations), and short-term debt. Cash is not subtracted. Companies with substantial float, lease portfolios, or cash holdings will score lower under this definition than under narrower operating-capital definitions. See methodology.

Enovix Corporation's 3-year revenue CAGR of 72.48% is positive, indicating growing revenue over the past 3 years

Enovix Corporation had revenue growth in 5 out of 5 years, indicating consistent revenue performance

Enovix Corporation had positive ROE in only 0 out of 5 years, indicating inconsistent returns on equity

Enovix Corporation has insufficient data to evaluate this check.

Enovix Corporation has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

Enovix Corporation is overvalued relative to its fair value price of 0.00 based on EBITDA multiple model

Enovix Corporation has negative or missing EBITDA, making EV/EBITDA ratio unreliable

Enovix Corporation has insufficient data to evaluate this check.

Enovix Corporation has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

Enovix Corporation has a price-to-book ratio of 4.16x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value

Enovix Corporation has a price-to-sales ratio of 29.39x, which exceeds the 8.00x threshold, indicating the stock may be overvalued relative to its revenue