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
DateValue
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