Total Debt
$613.4M
Net Debt
-$353.7M
Enphase Energy, Inc. currently has $613.4M in total debt. Net debt is -$353.7M after cash offsets. This 'Net Cash' position indicates exceptional financial strength.
Financial Fundamentals
ENPH • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2026-06-30 | 0.61 | 0.97 | -0.35Net Cash | 2.92 | 21.0% |
| 2026-03-31 | 0.61 | 0.93 | -0.32Net Cash | 2.72 | 22.5% |
| 2025-12-31 | 1.21 | 1.51 | -0.30Net Cash | 3.51 | 34.5% |
| 2025-09-30 | 1.23 | 1.48 | -0.24Net Cash | 3.32 | 37.2% |
| 2025-06-30 | 1.23 | 1.53 | -0.30Net Cash | 3.18 | 38.8% |
| 2025-03-31 | 1.23 | 1.47 | -0.23Net Cash | 3.11 | 39.7% |
| 2024-12-31 | 1.33 | 1.72 | -0.39Net Cash | 3.25 | 41.0% |
| 2024-09-30 | 1.33 | 1.77 | -0.43Net Cash | 3.26 | 40.8% |
| 2024-06-30 | 1.32 | 1.65 | -0.33Net Cash | 3.17 | 41.7% |
| 2024-03-31 | 1.32 | 1.63 | -0.31Net Cash | 3.23 | 40.8% |
| 2023-12-31 | 1.30 | 1.70 | -0.40Net Cash | 3.38 | 38.4% |
| 2023-09-30 | 1.32 | 1.78 | -0.47Net Cash | 3.55 | 37.0% |
| 2023-06-30 | 1.32 | 1.80 | -0.48Net Cash | 3.47 | 38.1% |
| 2023-03-31 | 1.32 | 1.78 | -0.46Net Cash | 3.38 | 39.0% |
| 2022-12-31 | 1.29 | 1.61 | -0.32Net Cash | 3.08 | 41.8% |
| 2022-09-30 | 1.31 | 1.42 | -0.11Net Cash | 2.70 | 48.5% |
| 2022-06-30 | 1.31 | 1.25 | 0.06 | 2.44 | 53.6% |
| 2022-03-31 | 1.31 | 1.06 | 0.24 | 2.26 | 57.7% |
| 2021-12-31 | 1.04 | 1.02 | 0.02 | 2.08 | 50.1% |
| 2021-09-30 | 1.04 | 1.39 | -0.35Net Cash | 2.23 | 46.8% |
| 2021-06-30 | 1.03 | 1.31 | -0.28Net Cash | 2.10 | 49.1% |
| 2021-03-31 | 1.02 | 1.49 | -0.47Net Cash | 2.19 | 46.5% |
| 2020-12-31 | 0.35 | 0.68 | -0.33Net Cash | 1.20 | 29.2% |
| 2020-09-30 | 0.38 | 0.66 | -0.29Net Cash | 1.09 | 34.5% |
| 2020-06-30 | 0.37 | 0.61 | -0.24Net Cash | 1.00 | 37.0% |
| 2020-03-31 | 0.41 | 0.59 | -0.18Net Cash | 1.03 | 39.8% |
| 2019-12-31 | 0.11 | 0.25 | -0.14Net Cash | 0.71 | 15.2% |
| 2019-09-30 | 0.11 | 0.20 | -0.10Net Cash | 0.52 | 20.5% |
| 2019-06-30 | 0.10 | 0.21 | -0.10Net Cash | 0.48 | 21.4% |
| 2019-03-31 | 0.07 | 0.08 | -0.01Net Cash | 0.32 | 21.4% |
| 2018-12-31 | 0.11 | 0.11 | 0.00 | 0.34 | 32.3% |
| 2018-09-30 | 0.11 | 0.12 | -0.00Net Cash | 0.33 | 34.3% |
| 2018-06-30 | 0.05 | 0.06 | -0.01Net Cash | 0.22 | 23.8% |
| 2018-03-31 | 0.05 | 0.05 | -0.00Net Cash | 0.21 | 23.9% |
| 2017-12-31 | 0.05 | 0.03 | 0.02 | 0.17 | 29.4% |
| 2017-09-30 | 0.05 | 0.03 | 0.02 | 0.18 | 26.9% |
| 2017-06-30 | 0.05 | 0.03 | 0.02 | 0.16 | 28.9% |
| 2017-03-31 | 0.05 | 0.03 | 0.02 | 0.17 | 28.0% |
| 2016-12-31 | 0.03 | 0.02 | 0.02 | 0.16 | 20.7% |
| 2016-09-30 | 0.04 | 0.02 | 0.01 | 0.18 | 20.7% |
| 2016-06-30 | 0.01 | 0.01 | 0.00 | 0.15 | 8.2% |
| 2016-03-31 | 0.02 | 0.01 | 0.01 | 0.16 | 12.6% |
| 2015-12-31 | 0.02 | 0.03 | -0.01Net Cash | 0.17 | 10.3% |
| 2015-09-30 | 0.02 | 0.02 | -0.01Net Cash | 0.18 | 9.3% |
| 2015-06-30 | 0.02 | 0.03 | -0.01Net Cash | 0.18 | 9.4% |
| 2015-03-31 | 0.00 | 0.03 | -0.03Net Cash | 0.15 | 0.0% |
| 2014-12-31 | 0.00 | 0.04 | -0.04Net Cash | 0.15 | 0.0% |
| 2014-09-30 | 0.01 | 0.04 | -0.04Net Cash | 0.14 | 4.0% |
| 2014-06-30 | 0.01 | 0.04 | -0.03Net Cash | 0.13 | 4.9% |
| 2014-03-31 | 0.01 | 0.04 | -0.03Net Cash | 0.11 | 6.9% |
| 2013-12-31 | 0.01 | 0.04 | -0.03Net Cash | 0.12 | 7.4% |
| 2013-09-30 | 0.01 | 0.03 | -0.02Net Cash | 0.12 | 7.7% |
| 2013-06-30 | 0.01 | 0.03 | -0.02Net Cash | 0.11 | 8.7% |
| 2013-03-31 | 0.01 | 0.04 | -0.03Net Cash | 0.11 | 9.3% |
| 2012-12-31 | 0.01 | 0.05 | -0.03Net Cash | 0.12 | 9.0% |
| 2012-09-30 | 0.01 | 0.04 | -0.03Net Cash | 0.12 | 9.6% |
| 2012-06-30 | 0.01 | 0.07 | -0.05Net Cash | 0.14 | 9.8% |
| 2012-03-31 | 0.03 | 0.03 | 0.00 | 0.10 | 32.8% |
| 2011-12-31 | 0.01 | 0.05 | -0.04Net Cash | 0.10 | 14.0% |
| 2011-09-30 | 0.03 | 0.03 | -0.00Net Cash | 0.07 | 35.4% |
| 2011-06-30 | 0.02 | 0.04 | -0.01Net Cash | 0.07 | 31.9% |
| 2011-03-31 | 0.01 | 0.03 | -0.02Net Cash | 0.05 | 15.6% |
| 2010-12-31 | 0.01 | 0.04 | -0.03Net Cash | 0.06 | 11.6% |