Energy Vault Holdings, Inc. financial data

Symbol
NRGV on NYSE
Industry
Miscellaneous Electrical Machinery, Equipment & Supplies
Location
4360 Park Terrace Drive, Suite 100, Westlake Village, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
Novus Capital Corp II (to 2/14/2022)
Latest financial report
10-Q - Q2 2024 - Aug 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 301 % -13.1%
Quick Ratio 1.98 %
Debt-to-equity 41.3 % +47.6%
Return On Equity -38.4 % -24.3%
Return On Assets -29.9 % -3.46%
Operating Margin -32.4 % +59.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 150M shares +5.34%
Common Stock, Shares, Outstanding 150M shares +5.21%
Entity Public Float 253M USD -61.7%
Common Stock, Value, Issued 15K USD +7.14%
Weighted Average Number of Shares Outstanding, Basic 149M shares +4.47%
Weighted Average Number of Shares Outstanding, Diluted 149M shares +4.47%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 302M USD +97.2%
Cost of Revenue 288M USD +120%
Research and Development Expense 29.6M USD -35.2%
Selling and Marketing Expense 17.8M USD +1.92%
General and Administrative Expense 63.2M USD -13%
Operating Income (Loss) -97.9M USD +20.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -88.8M USD +18.6%
Income Tax Expense (Benefit) -353K USD -237%
Net Income (Loss) Attributable to Parent -88.4M USD +19.1%
Earnings Per Share, Basic -0.61 USD/shares +17.6%
Earnings Per Share, Diluted -0.61 USD/shares +17.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 107M USD -0.2%
Accounts Receivable, after Allowance for Credit Loss, Current 3.47M USD -32.2%
Inventory, Net 111K USD +2675%
Other Assets, Current 245K USD
Assets, Current 162M USD -49.7%
Operating Lease, Right-of-Use Asset 1.26M USD -5.34%
Intangible Assets, Net (Excluding Goodwill) 3.18M USD
Other Assets, Noncurrent 2.12M USD -89.7%
Assets 256M USD -31.9%
Accounts Payable, Current 28.6M USD +277%
Employee-related Liabilities, Current 4.36M USD
Accrued Liabilities, Current 17.7M USD -35.6%
Contract with Customer, Liability, Current 9.88M USD -88.8%
Liabilities, Current 56.5M USD -54.6%
Contract with Customer, Liability, Noncurrent 0 USD -100%
Operating Lease, Liability, Noncurrent 955K USD +77.5%
Other Liabilities, Noncurrent 1.95M USD +252%
Liabilities 60.1M USD -53%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.51M USD -94.8%
Retained Earnings (Accumulated Deficit) -295M USD -42.7%
Stockholders' Equity Attributable to Parent 212M USD -19.7%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 196M USD -21%
Liabilities and Equity 256M USD -31.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 947K USD
Net Cash Provided by (Used in) Financing Activities -678K USD +12.5%
Net Cash Provided by (Used in) Investing Activities -8.77M USD +50.3%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 150M shares +5.21%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -8.77M USD +90.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 113M USD -31.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 8K USD +700%
Deferred Tax Assets, Valuation Allowance 39.8M USD +65.7%
Deferred Tax Assets, Gross 40.8M USD +67%
Operating Lease, Liability 1.74M USD +16.4%
Depreciation 1.1M USD -80.7%
Payments to Acquire Property, Plant, and Equipment 8.6M USD -26.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -89.2M USD +18.9%
Lessee, Operating Lease, Liability, to be Paid 2.28M USD +39.7%
Operating Lease, Liability, Current 249K USD -70.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 331K USD -31.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 843K USD -3.77%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure +23.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 541K USD +292%
Lessee, Operating Lease, Liability, to be Paid, Year Three 244K USD +122%
Deferred Tax Assets, Operating Loss Carryforwards 27.8M USD +119%
Unrecognized Tax Benefits 1.4M USD +31.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 172K USD +63.8%
Additional Paid in Capital 492M USD +8.17%
Amortization of Intangible Assets 100K USD
Depreciation, Depletion and Amortization 1.03M USD -82.1%
Deferred Tax Assets, Net of Valuation Allowance 993K USD +143%
Share-based Payment Arrangement, Expense 38.5M USD -21.5%
Interest Expense 42K USD +2000%