Bimergen Energy (BESS) Asset Utilization Ratio (2011 - 2024)

Bimergen Energy (BESS) 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) 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 18.66 Mn 18.66 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 0.12
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