Energy Vault Holdings Inc (NRGV) - Net Assets
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. Check financial resilience of Energy Vault Holdings Inc to evaluate the company's liquid asset resilience ratio.
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. Also explore how large is Energy Vault Holdings Inc's balance sheet for the complete picture of this company's asset base.
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. For live valuation and market cap data, see NRGV market cap overview.
| 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 |
|---|---|
|
Luoyang Jalon Micro-Nano New Materials Co Ltd
SHG:688357
|
$535.31 Million |
|
Hebei Gongda Keya Energy Technology Co. Ltd. A
SHE:301197
|
$535.34 Million |
|
Shenzhen Nanshan Power Co Ltd
SHE:000037
|
$535.60 Million |
|
ZimVie Inc
NASDAQ:ZIMV
|
$535.72 Million |
|
HAIT.UT.INT.FIN.L. H YC 1
F:HA6
|
$535.17 Million |
|
Harbin Medisan Pharmaceutical Co Ltd
SHE:002900
|
$535.14 Million |
|
MK Restaurant Group Public Company Limited
BK:M
|
$535.14 Million |
|
Bradespar S.A
SA:BRAP3
|
$535.02 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: 5.20x
- 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 | $4.38 | x |
| 2020-12-31 | $0.33 | $4.38 | x |
| 2021-12-31 | $-0.64 | $4.38 | x |
| 2022-12-31 | $2.33 | $4.38 | x |
| 2023-12-31 | $1.57 | $4.38 | x |
| 2024-12-31 | $0.84 | $4.38 | 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: $18,600,054,971
- Average return on equity (ROE) among peers: -11.37%
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 | $535.25 Million |
| AXIA Energia (AXIA) | $76.42 Billion | 7.68% | 1.46x | $24.60 Billion |
| Brookfield Renewable Corp (BEPC) | $14.22 Billion | 6.65% | 1.95x | $5.10 Billion |
| Bimergen Energy Corporation (BESS) | $-270.48K | 0.00% | 0.00x | $17.68 Million |
| Smart Powerr Corp (CREG) | $124.76 Million | -9.80% | 0.23x | $1.60 Million |
| Clearway Energy Inc Class C (CWEN) | $5.91 Billion | 2.86% | 1.82x | $3.48 Billion |
| Clearway Energy Inc (CWEN-A) | $1.89 Billion | 0.85% | 2.69x | $1.40 Billion |
| Centrais Electricas Brasileiras SA (EBR) | $44.06 Billion | 7.28% | 2.93x | $18.99 Billion |
| Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR-B) | $42.75 Billion | -4.13% | 3.05x | $2.77 Billion |
| Fluence Energy Inc (FLNC) | $607.14 Million | 3.74% | 2.13x | $1.61 Billion |
| Fusion Fuel Green PLC (HTOO) | $10.70 Million | -128.84% | 1.63x | $5.73 Million |
About 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