Energy Vault Holdings (STU:8610) Interest Expense : €-0.0 Mil (TTM As of Mar. 2024)

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What is Energy Vault Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Energy Vault Holdings's interest expense for the three months ended in Mar. 2024 was € -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-0.0 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Energy Vault Holdings's Operating Income for the three months ended in Mar. 2024 was € -22.7 Mil. Energy Vault Holdings's Interest Expense for the three months ended in Mar. 2024 was € -0.0 Mil. Energy Vault Holdings did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Energy Vault Holdings Interest Expense Historical Data

The historical data trend for Energy Vault Holdings's Interest Expense 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.

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Energy Vault Holdings Interest Expense Chart

Energy Vault Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-1.07

-0.11

-0.01

-0.03

Energy Vault Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial											-	-	-0.02	-0.02	-0.01

Energy Vault Holdings Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.0 Mil.

Energy Vault Holdings (STU:8610) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Energy Vault Holdings's Interest Expense for the three months ended in Mar. 2024 was €-0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-22.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €1.0 Mil.

Energy Vault Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Energy Vault Holdings did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Energy Vault Holdings (STU:8610) Business Description

Industry

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

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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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