Energy Vault Holdings (STU:8610) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Energy Vault Holdings Debt-to-Equity?

Energy Vault Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.4 Mil. Energy Vault Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1.0 Mil. Energy Vault Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €195.3 Mil. Energy Vault Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Energy Vault Holdings's Debt-to-Equity or its related term are showing as below:

STU:8610' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.12 Med: 0.01 Max: 0.01
Current: 0.01

During the past 5 years, the highest Debt-to-Equity Ratio of Energy Vault Holdings was 0.01. The lowest was -0.12. And the median was 0.01.

STU:8610's Debt-to-Equity is ranked better than
99.74% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.79 vs STU:8610: 0.01

Energy Vault Holdings Debt-to-Equity Historical Data

The historical data trend for Energy Vault Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Energy Vault Holdings Debt-to-Equity Chart

Energy Vault Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-0.12

-0.05

-0.02

0.01

Energy Vault Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial											0.01	0.01	-	0.01	0.01

Competitive Comparison of Energy Vault Holdings's Debt-to-Equity

For the Utilities - Renewable subindustry, Energy Vault Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Energy Vault Holdings's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Energy Vault Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Energy Vault Holdings's Debt-to-Equity falls into.

Energy Vault Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Energy Vault Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.664	+	1.043)	/	205.218
	=	0.01

Energy Vault Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.393	+	1.009)	/	195.278
	=	0.01

Energy Vault Holdings (STU:8610) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Energy Vault Holdings Debt-to-Equity Related Terms

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Energy Vault Holdings (STU:8610) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Energy Vault Holdings Inc (STU:8610) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NRGV:USA

Address

4360 Park Terrace Drive, Suite 100, Westlake Village, CA, USA, 91361

Website

https://www.energyvault.com

Energy Vault Holdings Inc is a grid-scale energy storage company that is driving a faster transition to renewable power by solving the intermittence issues that are inherent to the most prevalent sources of renewable energy, solar and wind. Geographical presence in United States, China and Other. Majority of its revenue comes from U.S.

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