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Energy Vault Holdings (STU:8610) Gross-Profit-to-Asset % : 2.65% (As of Mar. 2024)


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What is Energy Vault Holdings Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Energy Vault Holdings's annualized Gross Profit for the quarter that ended in Mar. 2024 was €7.6 Mil. Energy Vault Holdings's average Total Assets over the quarter that ended in Mar. 2024 was €287.7 Mil. Therefore, Energy Vault Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 2.65%.


Energy Vault Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Energy Vault Holdings's Gross-Profit-to-Asset % 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.

* Premium members only.

Energy Vault Holdings Gross-Profit-to-Asset % Chart

Energy Vault Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
- - - 22.20 4.56

Energy Vault Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 2.41 4.14 8.53 4.96 2.65

Competitive Comparison of Energy Vault Holdings's Gross-Profit-to-Asset %

For the Utilities - Renewable subindustry, Energy Vault Holdings's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Energy Vault Holdings's Gross-Profit-to-Asset % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Energy Vault Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Energy Vault Holdings's Gross-Profit-to-Asset % falls into.



Energy Vault Holdings Gross-Profit-to-Asset % Calculation

Energy Vault Holdings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=16.076/( (393.377+312.471)/ 2 )
=16.076/352.924
=4.56 %

Energy Vault Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=7.612/( (312.471+262.996)/ 2 )
=7.612/287.7335
=2.65 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Energy Vault Holdings Gross-Profit-to-Asset % Related Terms

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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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