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
Here's Why We're Not Too Worried About Energy Vault Holdings' (NYSE:NRGV) Cash Burn Situation
Jul 12
Companies Like Energy Vault Holdings (NYSE:NRGV) Could Be Quite Risky
Feb 06Will Energy Vault Holdings (NYSE:NRGV) Spend Its Cash Wisely?
Nov 05Recent updates
Further Upside For Energy Vault Holdings, Inc. (NYSE:NRGV) Shares Could Introduce Price Risks After 29% Bounce
Dec 14Energy Vault: Upgrading To A Buy As Delisting Risk Abates
Oct 23There's No Escaping Energy Vault Holdings, Inc.'s (NYSE:NRGV) Muted Revenues Despite A 40% Share Price Rise
Oct 16Some Energy Vault Holdings, Inc. (NYSE:NRGV) Analysts Just Made A Major Cut To Next Year's Estimates
Aug 09Energy Vault: An Opportunity For Contrarian Value Investors
Jul 31Energy Vault Holdings, Inc.'s (NYSE:NRGV) Shares Bounce 32% But Its Business Still Trails The Industry
Jul 17Here's Why We're Not Too Worried About Energy Vault Holdings' (NYSE:NRGV) Cash Burn Situation
Jul 12Keep Energy Vault On Your Radar Despite Big Revenue Drop In 2024
Jun 19Not Many Are Piling Into Energy Vault Holdings, Inc. (NYSE:NRGV) Stock Yet As It Plummets 27%
Apr 27Analysts Are More Bearish On Energy Vault Holdings, Inc. (NYSE:NRGV) Than They Used To Be
Apr 04Energy Vault Holdings, Inc. (NYSE:NRGV) Might Not Be As Mispriced As It Looks
Mar 09Companies Like Energy Vault Holdings (NYSE:NRGV) Could Be Quite Risky
Feb 06Energy Vault: Why The Continued Dip Of The Commons?
Feb 01Energy Vault Keeps Delivering
Nov 24Energy Vault Holdings, Inc.'s (NYSE:NRGV) Shares Leap 31% Yet They're Still Not Telling The Full Story
Nov 09Will Energy Vault Holdings (NYSE:NRGV) Spend Its Cash Wisely?
Nov 05Energy Vault: A Crucial Second Half Of The Year
Sep 25We're Keeping An Eye On Energy Vault Holdings' (NYSE:NRGV) Cash Burn Rate
Jul 04Energy Vault And Long Term Energy Storage
Jun 27Energy Vault: Primed For A Recovery As The Climate Economy Booms
Jun 11News Flash: 6 Analysts Think Energy Vault Holdings, Inc. (NYSE:NRGV) Earnings Are Under Threat
Mar 16Energy Vault Holdings, Inc. (NYSE:NRGV) Just Reported And Analysts Have Been Cutting Their Estimates
Mar 10Financial Position Analysis
Short Term Liabilities: NRGV's short term assets ($131.7M) exceed its short term liabilities ($70.5M).
Long Term Liabilities: NRGV's short term assets ($131.7M) exceed its long term liabilities ($3.3M).
Debt to Equity History and Analysis
Debt Level: NRGV has more cash than its total debt.
Reducing Debt: Insufficient data to determine if NRGV'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: NRGV has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NRGV is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 00:32 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Energy Vault Holdings, Inc. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Lee | Goldman Sachs |
| Joseph Osha | Guggenheim Securities, LLC |
| Justin Clare | Roth MKM |