Energy Vault Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Energy Vault Holdings has a total shareholder equity of $223.8M and total debt of $358.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are $340.8M and $117.0M respectively.
Key information
0.2%
Debt to equity ratio
US$358.00k
Debt
Interest coverage ratio | n/a |
Cash | US$109.92m |
Equity | US$223.79m |
Total liabilities | US$116.96m |
Total assets | US$340.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8610's short term assets ($279.6M) exceed its short term liabilities ($111.9M).
Long Term Liabilities: 8610's short term assets ($279.6M) exceed its long term liabilities ($5.1M).
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 8610 has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 60.5% each year.