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Energy Vault Holdings (STU:8610) Construction In Progress : €31.9 Mil (As of Mar. 2024)


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What is Energy Vault Holdings Construction In Progress?

Energy Vault Holdings's quarterly construction in progress increased from Sep. 2023 (€15.2 Mil) to Dec. 2023 (€18.4 Mil) and increased from Dec. 2023 (€18.4 Mil) to Mar. 2024 (€31.9 Mil).

Energy Vault Holdings's annual construction in progress increased from Dec. 2021 (€0.0 Mil) to Dec. 2022 (€1.2 Mil) and increased from Dec. 2022 (€1.2 Mil) to Dec. 2023 (€18.4 Mil).


Energy Vault Holdings Construction In Progress Historical Data

The historical data trend for Energy Vault Holdings's Construction In Progress 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 Construction In Progress Chart

Energy Vault Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
- - - 1.20 18.43

Energy Vault Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.34 13.33 15.20 18.43 31.87

Energy Vault Holdings Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Energy Vault Holdings (STU:8610) Business Description

Traded in Other Exchanges
Address
4360 Park Terrace Drive, Suite 100, Westlake Village, CA, USA, 91361
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.

Energy Vault Holdings (STU:8610) Headlines

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