Energy Vault Holdings Inc
Energy Vault Holdings, Inc. develops and deploys utility-scale energy storage solutions in United States, Australia, and internationally. The company offers B-Vault, an electrochemical battery energy storage solution for short-duration energy storage needs; B-Nest, a structure designed to house batteries for onsite energy storage serving space-constrained project sites; G-Vault, a gravity energy … Read more
Energy Vault Holdings Inc (NRGV) - Net Assets
Latest net assets as of September 2025: $80.55 Million USD
Based on the latest financial reports, Energy Vault Holdings Inc (NRGV) has net assets worth $80.55 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($281.88 Million) and total liabilities ($201.33 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $80.55 Million |
| % of Total Assets | 28.58% |
| Annual Growth Rate | N/A |
| 5-Year Change | 463.26% |
| 10-Year Change | N/A |
| Growth Volatility | 176.26 |
Energy Vault Holdings Inc - Net Assets Trend (2019–2024)
This chart illustrates how Energy Vault Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Energy Vault Holdings Inc (2019–2024)
The table below shows the annual net assets of Energy Vault Holdings Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $126.26 Million | -43.58% |
| 2023-12-31 | $223.79 Million | -22.22% |
| 2022-12-31 | $287.71 Million | +519.00% |
| 2021-12-31 | $-68.67 Million | -406.34% |
| 2020-12-31 | $22.42 Million | +259.54% |
| 2019-12-31 | $-14.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Energy Vault Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 37036539000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $15.00K | 0.01% |
| Other Comprehensive Income | $-1.90 Million | -1.50% |
| Other Components | $512.02 Million | 405.34% |
| Total Equity | $126.32 Million | 100.00% |
Energy Vault Holdings Inc Competitors by Market Cap
The table below lists competitors of Energy Vault Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
REGULUS THER.COMPAR DL001
F:7RG0
|
$414.38 Million |
|
Ucap Cloud Information Technology Co Ltd
SHG:688228
|
$414.75 Million |
|
Healthcare Co Ltd
SHG:603313
|
$414.76 Million |
|
Westaim Corp
V:WED
|
$414.98 Million |
|
Opko Health Inc
NASDAQ:OPK
|
$414.11 Million |
|
Grape King Bio Ltd
TW:1707
|
$413.97 Million |
|
PT Sarana Menara
JK:TOWR
|
$413.86 Million |
|
Logility Supply Chain Solutions, Inc.
NASDAQ:LGTY
|
$413.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Energy Vault Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 223,793,000 to 126,319,000, a change of -97,474,000 (-43.6%).
- Net loss of 135,750,000 reduced equity.
- Share repurchases of 408,000 reduced equity.
- Other comprehensive income decreased equity by 475,000.
- Other factors increased equity by 39,159,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-135.75 Million | -107.47% |
| Share Repurchases | $408.00K | -0.32% |
| Other Comprehensive Income | $-475.00K | -0.38% |
| Other Changes | $39.16 Million | +31.0% |
| Total Change | $- | -43.56% |
Book Value vs Market Value Analysis
This analysis compares Energy Vault Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.15x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-11.40 | $3.50 | x |
| 2020-12-31 | $0.33 | $3.50 | x |
| 2021-12-31 | $-0.64 | $3.50 | x |
| 2022-12-31 | $2.33 | $3.50 | x |
| 2023-12-31 | $1.57 | $3.50 | x |
| 2024-12-31 | $0.84 | $3.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Energy Vault Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -107.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -293.84%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.46x
- Recent ROE (-107.47%) is below the historical average (-47.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-8.74 Million |
| 2020 | -107.83% | 0.00% | 0.00x | 1.36x | $-26.41 Million |
| 2021 | 0.00% | -73.08% | 0.34x | 0.00x | $-24.47 Million |
| 2022 | -27.21% | -53.67% | 0.35x | 1.45x | $-107.07 Million |
| 2023 | -43.99% | -28.82% | 1.00x | 1.52x | $-120.82 Million |
| 2024 | -107.47% | -293.84% | 0.25x | 1.46x | $-148.38 Million |
Industry Comparison
This section compares Energy Vault Holdings Inc's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,059,000,861
- Average return on equity (ROE) among peers: -70.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Energy Vault Holdings Inc (NRGV) | $80.55 Million | 0.00% | 2.50x | $414.16 Million |
| ACLEW (ACLEW) | $-33.88 Million | 0.00% | 0.00x | $11.36 |
| Arsenal Digital Holdings Inc. (ADHI) | $1.69 Million | 12.00% | 0.10x | $458.16 |
| AGIG (AGIG) | $-1.03 Million | 0.00% | 0.00x | $16.94K |
| Aker Horizons ASA (AKHOF) | $9.99 Billion | -19.54% | 2.26x | $39.77 Million |
| Alternus Energy Group Plc (ALCE) | $16.59 Million | -113.04% | 11.63x | $698.55K |
| Alaska Hydro Corporation (ALKHF) | $-562.11K | 0.00% | 0.00x | $3.01K |
| Altus Power Inc (AMPS) | $463.06 Million | 11.97% | 1.97x | $266.49 Million |
| Astra Energy Inc (ASRE) | $1.75 Million | -596.04% | 3.32x | $683.50K |
| Altius Renewable Royalties Corp (ATRWF) | $159.06 Million | -2.15% | 0.04x | $105.47 Million |
| Atlantic Wind & Solar Inc (AWSL) | $-2.66 Million | 0.00% | 0.00x | $322.80 |