Bimergen Energy (BESS-WT) Asset Utilization Ratio (2011 - 2024)
Bimergen Energy (BESS-WT) posted quarterly Asset Utilization Ratio of 0.0 for Q3 2024, down 49.02% quarter-over-quarter from 0.0 in Q2 2024.
Bimergen Energy (BESS-WT) Asset Utilization Ratio (2011 - 2024) Analysis & Trends
Bimergen Energy's Asset Utilization Ratio history runs 13 years deep, the most recent figure standing at 0.0 for Q3 2024.
- In Q3 2024, Asset Utilization Ratio changed N/A year-over-year to 0.0; the TTM figure through Sep 2024 stood at 0.0 (changed N/A YoY), while the FY2023 annual figure was 0.0, down 96.16% from the prior year.
- Asset Utilization Ratio for Q3 2024 stood at 0.0, down from 0.0 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.15 in Q3 2021, with the low at 0.0 in Q3 2024.
- The 4-year median for Asset Utilization Ratio is 0.21 (2020), against an average of 0.27.
- The sharpest annual moves came in 2020 and 2021: Asset Utilization Ratio sank 68.44% in 2020, then jumped 500.23% in 2021.
- Bimergen Energy's Asset Utilization Ratio stood at 0.29 in 2020, then increased by 24.62% to 0.36 in 2021, then slumped by 48.6% to 0.19 in 2022, then tumbled by 99.99% to 0.0 in 2024.
- Business Quant data shows BESS-WT's Asset Utilization Ratio at 0.0 in Q3 2024, 0.0 in Q2 2024, and 0.13 in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.86 Bn | 10.69 Bn | 117.49 Mn | 0.08 |
| 2 | Ormat Technologies | 6.97 Bn | 6.31 Bn | 68.70 Mn | 0.16 |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn | 0.04 |
| 4 | Clearway Energy | 3.79 Bn | 3.45 Bn | 332.00 Mn | 0.09 |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 0.13 |
| 6 | Fluence Energy | 1.83 Bn | 1.27 Bn | 33.24 Mn | 1.06 |
| 7 | XPLR Infrastructure | 1.08 Bn | 584.55 Mn | - | 0.06 |
| 8 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | 0.15 |
| 9 | Energy Vault Holdings | 671.14 Mn | 602.39 Mn | 4.79 Mn | 0.71 |
| 10 | Bimergen Energy | 6.97 Mn | 6.97 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.00 |
| Jun 30, 2024 | 0.00 |
| Mar 31, 2024 | 0.13 |
| Dec 31, 2022 | 0.19 |
| Sep 30, 2022 | 0.37 |
| Jun 30, 2022 | 0.25 |
| Mar 31, 2022 | 0.20 |
| Dec 31, 2021 | 0.36 |
| Sep 30, 2021 | 1.15 |
| Jun 30, 2021 | 0.35 |
| Mar 31, 2021 | 0.22 |
| Dec 31, 2020 | 0.29 |
| Sep 30, 2020 | 0.19 |
| Jun 30, 2020 | 0.21 |
| Mar 31, 2020 | 0.12 |
| Dec 31, 2019 | 0.09 |
| Sep 30, 2019 | 0.08 |
| Jun 30, 2019 | 0.23 |
| Mar 31, 2019 | 0.39 |
| Dec 31, 2018 | 0.49 |