Enova International, Inc. (ENVA) Balance Sheet
ENVA balance sheet, 2025
December 31, 2025 · U.S. dollars$6.47B assets = $5.13B liabilities + $1.34B equity
Both columns are drawn to the same scale: what ENVA owns equals what it owes plus shareholders’ equity. Hover a block for its value.
ENVA financial health
Descriptive bands, not a rating. Fiscal 2025.
ENVA balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $977.9M2016 | $6.47B2025 | +23.4%/yr | |
| Total liabilities | $736.2M2016 | $5.13B2025 | +24.1%/yr | |
| Shareholders’ equity | $241.7M2016 | $1.34B2025 | +20.9%/yr | |
| Cash & short-term investments | $39.9M2016 | $71.7M2025 | +6.7%/yr | |
| Total debt | $652.9M2016 | $4.56B2025 | +24.1%/yr | |
| Net cash (debt) | −$613.0M2016 | −$4.49B2025 | −$3.9B | |
| Working capital | $575.4M2016 | −$234.1M2025 | −$809.5M | |
| Book value per share | $7.222016 | $50.722025 | +24.2%/yr | |
| Current ratio | 9.002016 | 0.232025 | −8.76 | |
| Debt / equity | 2.702016 | 3.412025 | +0.71 | |
| Shares outstanding | 33.5M2016 | 26.4M2025 | −2.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ENVA assets
ENVA liabilities and equity
ENVA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
ENVA balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $71.7M | $73.9M | $377.4M | $100.2M | $165.5M | $297.3M | $35.9M | $52.9M | $68.7M | $39.9M |
| Cash & equivalents | $71.7M | $73.9M | $377.4M | $100.2M | $165.5M | $297.3M | $35.9M | $52.9M | $68.7M | $39.9M |
| Short-term investments | — | — | — | — | — | — | — | $24.3M | $29.5M | $26.3M |
| Receivables | $5.51B | $63.8M | $3.67B | $3.13B | $2.07B | $1.28B | $1.13B | $918.8M | $732.6M | $581.1M |
| Inventory | $0 | $0 | $0 | $0 | $2.30B | $1.68B | $1.22B | $0 | $0 | $0 |
| Other current assets | $0 | $4.68B | $72.0M | $78.2M | $0 | $0 | $0 | $24.3M | $29.5M | $26.3M |
| Total current assets | $71.7M | $4.81B | $4.12B | $3.31B | $2.29B | $1.65B | $1.21B | $996.1M | $830.8M | $647.3M |
| Property, plant & equipment (net) | $181.2M | $138.2M | $123.0M | $112.6M | $101.5M | $119.5M | $74.1M | $49.6M | $48.5M | $47.1M |
| Goodwill & intangible assets | $282.9M | $290.2M | $298.3M | $306.7M | $314.7M | $294.0M | $269.2M | $270.3M | $271.3M | $272.4M |
| Long-term investments | $0 | $0 | $0 | $3.02B | $1.96B | $1.24B | $1.06B | $859.9M | $704.7M | $561.5M |
| Other non-current assets | $5.93B | $24.2M | $41.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $6.47B | $5.27B | $4.59B | $3.78B | $2.76B | $2.11B | $1.57B | $1.33B | $1.16B | $977.9M |
| Liabilities | ||||||||||
| Accounts payable | $79.0M | $59.0M | $43.3M | $30.8M | $37.2M | $124.1M | $23.8M | $89.3M | $77.1M | $71.7M |
| Short-term debt | — | $233.3M | $22.3M | $31.8M | $28.3M | $38.6M | $1.5M | $2.2M | $3.0M | $3.0M |
| Deferred revenue | — | — | $60.3M | −$119.5M | −$72.5M | $2.2M | $11.3M | $5.6M | $7.1M | $6.9M |
| Total current liabilities | $305.8M | $483.3M | $261.2M | $198.3M | $156.1M | $126.7M | $122.2M | $89.3M | $77.1M | $72.0M |
| Long-term debt | $4.41B | $3.33B | $2.94B | $2.26B | $1.38B | $946.5M | $991.2M | $857.9M | $788.5M | $649.9M |
| Lease obligations | $32.0M | $32.2M | $27.0M | $33.6M | $41.0M | $68.0M | $35.7M | — | — | — |
| Other long-term liabilities | $417.5M | $255.8M | $140.4M | $137.8M | $127.9M | $116.1M | $84.4M | $33.2M | $12.1M | $14.3M |
| Total liabilities | $5.13B | $4.07B | $3.35B | $2.59B | $1.67B | $1.19B | $1.20B | $980.4M | $877.8M | $736.2M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | — | — | — | — | — | — | — | — | $0 | $0 |
| Retained earnings (deficit) | $2.01B | $1.70B | $1.49B | $1.31B | $1.11B | $849.5M | $372.7M | $336.4M | $264.7M | $235.5M |
| Treasury stock | — | — | — | −$372.9M | −$229.9M | −$113.2M | −$56.8M | −$23.0M | −$5.7M | −$624,000 |
| Accumulated other comprehensive income | −$9.5M | −$13.7M | −$6.3M | −$6.0M | −$8.5M | −$6.9M | −$3.1M | −$13.8M | −$7.1M | −$11.6M |
| Minority interest | — | — | — | — | — | $1.5M | — | — | $0 | $0 |
| Total shareholders' equity | $1.34B | $1.20B | $1.24B | $1.19B | $1.09B | $918.8M | $376.6M | $347.8M | $281.7M | $241.7M |
| Key figures | ||||||||||
| Total debt | $4.56B | $3.60B | $2.99B | $2.29B | $1.43B | $1.01B | $1.03B | $860.1M | $791.5M | $652.9M |
| Net cash (debt) | −$4.49B | −$3.52B | −$2.61B | −$2.19B | −$1.26B | −$717.1M | −$992.5M | −$807.2M | −$722.9M | −$613.0M |
| Working capital | −$234.1M | $4.33B | $3.86B | $3.11B | $2.14B | $1.52B | $1.09B | $906.8M | $753.6M | $575.4M |
| Tangible book value | $1.05B | $906.7M | $941.9M | $879.5M | $778.3M | $624.9M | $107.4M | $77.5M | $10.3M | −$30.7M |
| Book value per share | $50.72 | $42.44 | $38.85 | $35.43 | $28.97 | $28.45 | $10.95 | $9.89 | $8.25 | $7.22 |
| Shares outstanding | 26.4M | 28.2M | 31.9M | 33.5M | 37.7M | 32.3M | 34.4M | 35.2M | 34.1M | 33.5M |
| Current ratio | 0.23 | 9.96 | 15.79 | 16.67 | 14.70 | 13.03 | 9.89 | 11.15 | 10.77 | 9.00 |
| Quick ratio | 18.26 | 0.28 | 15.51 | 16.28 | 14.31 | 12.46 | 9.52 | 10.88 | 10.39 | 8.63 |
| Debt / equity | 3.41 | 3.00 | 2.41 | 1.93 | 1.30 | 1.10 | 2.73 | 2.47 | 2.81 | 2.70 |
| Equity / assets | 20.7% | 22.7% | 27.0% | 31.4% | 39.6% | 43.6% | 23.9% | 26.2% | 24.3% | 24.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $122.2M | $96.1M | $71.7M | $53.6M | $55.6M | $55.5M | $73.9M | $67.5M | $60.1M | $76.5M | $377.4M | $62.9M |
| Cash & equivalents | $122.2M | $96.1M | $71.7M | $53.6M | $55.6M | $55.5M | $73.9M | $67.5M | $60.1M | $76.5M | $377.4M | $62.9M |
| Receivables | $6.20B | $5.91B | $5.51B | $5.14B | $4.89B | $4.69B | $63.8M | $4.27B | $4.08B | $3.95B | $3.67B | $3.45B |
| Inventory | $44,000 | $0 | $0 | $0 | $0 | $0 | $0 | −$3.95B | $0 | $0 | $0 | $3.72B |
| Other current assets | $424.2M | $0 | $0 | $303.4M | $323.9M | $256.3M | $4.68B | $4.13B | $211.2M | $152.5M | $72.0M | $0 |
| Total current assets | $6.75B | $96.1M | $71.7M | $5.50B | $5.27B | $5.00B | $4.81B | $4.52B | $4.35B | $4.18B | $4.12B | $3.64B |
| Property, plant & equipment (net) | $155.6M | $183.3M | $181.2M | $145.9M | $145.5M | $142.4M | $138.2M | $130.7M | $128.2M | $125.3M | $123.0M | $119.9M |
| Goodwill & intangible assets | $281.4M | $281.7M | $282.9M | $284.2M | $286.2M | $288.2M | $290.2M | $292.2M | $294.3M | $296.3M | $298.3M | $300.3M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $33.9M | $6.32B | $5.93B | $30.3M | $26.7M | $25.2M | $24.2M | $28.7M | $44.2M | $39.4M | $41.6M | $41.2M |
| Total assets | $7.22B | $6.88B | $6.47B | $5.96B | $5.72B | $5.46B | $5.27B | $4.98B | $4.82B | $4.64B | $4.59B | $4.10B |
| Liabilities | ||||||||||||
| Accounts payable | $334.9M | $282.1M | $79.0M | $252.9M | $257.5M | $237.4M | $59.0M | $259.5M | $334.0M | $290.6M | $43.3M | $275.2M |
| Short-term debt | $31.6M | $130.0M | — | — | — | — | $233.3M | — | — | — | $22.3M | $657,000 |
| Deferred revenue | — | — | — | — | — | — | — | — | — | — | $60.3M | — |
| Total current liabilities | $366.4M | $412.1M | $305.8M | $252.9M | $257.5M | $237.4M | $483.3M | $259.5M | $334.0M | $290.6M | $261.2M | $275.2M |
| Long-term debt | $5.01B | $4.70B | $4.41B | $4.11B | $3.96B | $3.76B | $3.33B | $3.29B | $3.19B | $3.04B | $2.94B | $2.44B |
| Lease obligations | $31.6M | $31.7M | $32.0M | $32.2M | $32.7M | $32.1M | $32.2M | $26.3M | $26.5M | $27.0M | $27.0M | $27.1M |
| Other long-term liabilities | $344.7M | $360.8M | $385.4M | $319.2M | $275.1M | $265.8M | $255.8M | $243.7M | $141.5M | $154.8M | $140.4M | $124.1M |
| Total liabilities | $5.73B | $5.48B | $5.13B | $4.68B | $4.50B | $4.26B | $4.07B | $3.80B | $3.67B | $3.49B | $3.35B | $2.84B |
| Shareholders' equity | ||||||||||||
| Retained earnings (deficit) | $2.20B | $2.10B | $2.01B | $1.93B | $1.85B | $1.77B | $1.70B | $1.63B | $1.59B | $1.54B | $1.49B | $1.45B |
| Accumulated other comprehensive income | −$6.5M | −$6.4M | −$9.5M | −$7.9M | −$8.9M | −$10.8M | −$13.7M | −$9.4M | −$10.7M | −$7.2M | −$6.3M | −$7.2M |
| Total shareholders' equity | $1.50B | $1.40B | $1.34B | $1.28B | $1.23B | $1.20B | $1.20B | $1.18B | $1.15B | $1.15B | $1.24B | $1.26B |
| Key figures | ||||||||||||
| Total debt | $5.05B | $4.86B | $4.56B | $4.14B | $4.00B | $3.79B | $3.60B | $3.32B | $3.22B | $3.07B | $2.99B | $2.47B |
| Net cash (debt) | −$4.92B | −$4.77B | −$4.49B | −$4.09B | −$3.94B | −$3.73B | −$3.52B | −$3.25B | −$3.16B | −$2.99B | −$2.61B | −$2.41B |
| Working capital | $6.38B | −$316.0M | −$234.1M | $5.25B | $5.01B | $4.76B | $4.33B | $4.26B | $4.02B | $3.88B | $3.86B | $3.37B |
| Tangible book value | $1.22B | $1.12B | $1.05B | $999.5M | $942.5M | $908.4M | $906.7M | $886.5M | $853.3M | $853.9M | $941.9M | $960.7M |
| Book value per share | $56.83 | $53.20 | $50.72 | $48.49 | $45.40 | $44.15 | $43.26 | $42.54 | $41.07 | $38.99 | $40.15 | $39.53 |
| Shares outstanding | 26.3M | 26.3M | 26.4M | 26.5M | 27.1M | 27.1M | 27.7M | 27.7M | 27.9M | 29.5M | 30.9M | 31.9M |
| Current ratio | 18.42 | 0.23 | 0.23 | 21.75 | 20.45 | 21.07 | 9.96 | 17.43 | 13.03 | 14.37 | 15.79 | 13.23 |
| Quick ratio | 17.27 | 14.58 | 18.26 | 20.55 | 19.19 | 19.99 | 0.28 | 16.71 | 12.39 | 13.84 | 15.51 | 12.75 |
| Debt / equity | 3.37 | 3.47 | 3.41 | 3.22 | 3.25 | 3.17 | 3.00 | 2.82 | 2.81 | 2.67 | 2.41 | 1.96 |
| Equity / assets | 20.7% | 20.4% | 20.7% | 21.5% | 21.5% | 21.9% | 22.7% | 23.7% | 23.8% | 24.8% | 27.0% | 30.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 20, 2026); data from EODHD.
ENVA financial position
At the end of fiscal 2025 (December 31, 2025), Enova International had total assets of $6.5 billion (up 22.8% from a year earlier), total liabilities of $5.1 billion and shareholders' equity of $1.3 billion. It held $71.7 million in cash and short-term investments against $4.6 billion of debt, net debt of $4.5 billion. Its current ratio was 0.23. In the latest quarter (ended June 30, 2026) total assets were $7.2 billion and equity $1.5 billion.
Related: ENVA income statement, ENVA cash flow statement, ENVA key metrics. See the ENVA stock overview for the latest quote and news.
ENVA balance sheet FAQ
What are Enova International's total assets?
Enova International reported total assets of $6.5 billion at the end of fiscal 2025 (December 31, 2025), compared with $5.3 billion a year earlier.
How much debt does Enova International have?
Enova International had $4.6 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 3.41.
How much cash does Enova International have?
Enova International held $71.7 million in cash and short-term investments at the end of fiscal 2025; with $4.6 billion of debt that is net debt of $4.5 billion.
What is Enova International's book value?
Enova International's shareholders' equity (book value) was $1.3 billion at the end of fiscal 2025, or $50.72 per share.
What is Enova International's current ratio?
Enova International had current assets of $71.7 million and current liabilities of $305.8 million, a current ratio of 0.23 (current liabilities exceed current assets).
How much goodwill does Enova International have?
Enova International carried $282.9 million of goodwill and intangible assets, 4.4% of total assets, at the end of fiscal 2025.