Energy Vault Holdings Inc (NRGV) - Net Assets
Based on the latest financial reports, Energy Vault Holdings Inc (NRGV) has net assets worth $53.78 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($298.04 Million) and total liabilities ($244.26 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. Also explore NRGV asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $53.78 Million |
| % of Total Assets | 18.04% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 162.33 |
Energy Vault Holdings Inc - Net Assets Trend (2019–2025)
This chart illustrates how Energy Vault Holdings Inc's net assets have evolved over time, based on quarterly financial data. Check Energy Vault Holdings Inc (NRGV) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Energy Vault Holdings Inc (2019–2025)
The table below shows the annual net assets of Energy Vault Holdings Inc from 2019 to 2025. For live valuation and market cap data, see Energy Vault Holdings Inc (NRGV) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $88.62 Million | -29.81% |
| 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 47397639000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $17.00K | 0.03% |
| Other Comprehensive Income | $-966.00K | -1.43% |
| Other Components | $555.84 Million | 823.96% |
| Total Equity | $67.46 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 |
|---|---|
|
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT
JK:LSIP
|
$581.45 Million |
|
Kaili Catalyst & New Materials Co. Ltd. A
SHG:688269
|
$581.82 Million |
|
Bichamp Cutting Technology Hunan Co Ltd
SHE:002843
|
$582.03 Million |
|
Zhejiang Entive Smart Kitchen Appliance Co. Ltd.
SHE:300911
|
$582.15 Million |
|
Fujian SuperTech Advanced Material Co Ltd
SHG:688398
|
$581.04 Million |
|
Sparebanken Møre
OL:MORG
|
$580.91 Million |
|
Hefei Lifeon Pharmaceutical Co Ltd
SHE:003020
|
$580.75 Million |
|
Shanghai Orient-Chip Technology Co. Ltd. A
SHG:688061
|
$580.68 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 2024 to 2025, total equity changed from 126,319,000 to 67,460,000, a change of -58,859,000 (-46.6%).
- Net loss of 103,611,000 reduced equity.
- New share issuances of 6,849,000 increased equity.
- Other comprehensive income increased equity by 930,000.
- Other factors increased equity by 36,973,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-103.61 Million | -153.59% |
| Share Issuances | $6.85 Million | +10.15% |
| Other Comprehensive Income | $930.00K | +1.38% |
| Other Changes | $36.97 Million | +54.81% |
| Total Change | $- | -46.60% |
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: 7.76x
- 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 | $3.26 | x |
| 2020-12-31 | $0.33 | $3.26 | x |
| 2021-12-31 | $-0.64 | $3.26 | x |
| 2022-12-31 | $2.33 | $3.26 | x |
| 2023-12-31 | $1.57 | $3.26 | x |
| 2024-12-31 | $0.84 | $3.26 | x |
| 2025-12-31 | $0.42 | $3.26 | 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): -153.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -50.87%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 4.64x
- Recent ROE (-153.59%) is below the historical average (-62.87%), 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 |
| 2025 | -153.59% | -50.87% | 0.65x | 4.64x | $-110.36 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: $32,092,046,977
- Average return on equity (ROE) among peers: 3.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Energy Vault Holdings Inc (NRGV) | $53.78 Million | 0.00% | 4.54x | $581.08 Million |
| AXIA Energia (AXIA) | $73.75 Billion | 8.66% | 1.43x | $20.75 Billion |
| AXIA Energia SA (AXIA-PC) | $111.03 Billion | 3.27% | 1.43x | $21.51 Billion |
| Brookfield Renewable Corp (BEPC) | $14.30 Billion | 0.50% | 0.63x | $4.86 Billion |
| Bimergen Energy Corporation (BESS) | $-777.76K | 0.00% | 0.00x | $16.62 Million |
| Smart Powerr Corp (CREG) | $155.02 Million | 10.08% | 0.83x | $3.79 Million |
| Clearway Energy Inc Class C (CWEN) | $2.37 Billion | 2.41% | 2.54x | $2.74 Billion |
| Clearway Energy Inc (CWEN-A) | $5.91 Billion | 2.86% | 1.82x | $1.40 Billion |
| Centrais Electricas Brasileiras SA (EBR) | $56.85 Billion | -5.67% | 1.54x | $18.99 Billion |
| Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR-B) | $56.01 Billion | 23.47% | 2.24x | $2.77 Billion |
| Fluence Energy Inc (FLNC) | $548.85 Million | -8.80% | 3.29x | $2.08 Billion |
About Energy Vault Holdings Inc
Energy Vault Holdings, Inc. develops and deploys utility-scale energy storage solutions in the United States, Switzerland, United Kingdom, North America, Australia, and internationally. The company offers B-Vault, an electrochemical battery energy storage solution for short-duration energy storage needs; G-Vault, a gravity energy storage solution for long-duration energy storage needs; and H-Vaul… Read more