Energy Vault Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Energy Vault Holdings has a total shareholder equity of $179.1M and total debt of $1.7M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are $252.9M and $73.8M respectively.
Key information
0.9%
Debt to equity ratio
US$1.66m
Debt
| Interest coverage ratio | n/a |
| Cash | US$51.12m |
| Equity | US$179.11m |
| Total liabilities | US$73.75m |
| Total assets | US$252.86m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8610's short term assets ($131.7M) exceed its short term liabilities ($70.5M).
Long Term Liabilities: 8610's short term assets ($131.7M) exceed its long term liabilities ($3.3M).
Debt to Equity History and Analysis
Debt Level: 8610 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 8610's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 8610 has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 8610 is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.