Bimergen Energy (BESS-WT) Asset Utilization Ratio (2011 - 2024)
Bimergen Energy (BESS-WT) recorded quarterly Asset Utilization Ratio of 0.0 in 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 was 0.0 for Q3 2024 at Bimergen Energy, down from 0.0 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 2.47 in Q3 2021 to a low of 0.0 in Q3 2024.
- Historically, Asset Utilization Ratio has averaged 0.41 across 4 years, with a median of 0.17 in 2021.
- The sharpest annual moves came in 2021 and 2022: Asset Utilization Ratio jumped 943.74% in 2021, then sank 95.28% in 2022.
- A 4-year view of Asset Utilization Ratio shows it stood at 0.49 in 2020, then tumbled by 65.65% to 0.17 in 2021, then climbed by 10.53% to 0.19 in 2022, then plunged by 99.99% to 0.0 in 2024.
- The last three Asset Utilization Ratio figures came in at 0.0 (Q3 2024), 0.0 (Q2 2024), and 0.13 (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 186.46 Bn | 183.75 Bn | 1.44 Bn | 0.15 |
| 2 | Enlight Renewable Energy | 11.26 Bn | 10.73 Bn | 85.64 Mn | 0.06 |
| 3 | Ormat Technologies | 8.50 Bn | 8.35 Bn | 78.83 Mn | 0.16 |
| 4 | Fluence Energy | 3.04 Bn | 2.71 Bn | 46.63 Mn | 1.12 |
| 5 | Clearway Energy | 1.39 Bn | 4.74 Bn | 220.00 Mn | 0.09 |
| 6 | XPLR Infrastructure | 1.09 Bn | 8.62 Bn | 141.00 Mn | 0.06 |
| 7 | Energy Vault Holdings | 940.11 Mn | 894.68 Mn | 4.79 Mn | 0.71 |
| 8 | Ellomay Capital | 694.29 Mn | 616.52 Mn | 1,508.00 | 0.04 |
| 9 | ReNew Energy Global | 317.68 Mn | 100.91 Mn | 275.78 Mn | 0.13 |
| 10 | Bimergen Energy | - | - | - | - |
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 | 0.12 |
| Jun 30, 2022 | 0.13 |
| Mar 31, 2022 | 0.10 |
| Dec 31, 2021 | 0.17 |
| Sep 30, 2021 | 2.47 |
| Jun 30, 2021 | 1.09 |
| Mar 31, 2021 | 0.63 |
| Dec 31, 2020 | 0.49 |
| Sep 30, 2020 | 0.24 |
| Jun 30, 2020 | 0.24 |
| Mar 31, 2020 | 0.15 |
| Dec 31, 2019 | 0.12 |
| Sep 30, 2019 | 0.08 |
| Jun 30, 2019 | 0.23 |
| Mar 31, 2019 | 0.39 |
| Dec 31, 2018 | 0.49 |