Fluence Energy (FLNC) Debt Ratio (2021 - 2024)
Fluence Energy's (FLNC) Debt Ratio was 0.02 for fiscal Q4 2024 (quarter ended Sep 30, 2024), down 57.3% from 0.04 a year earlier and down 49.8% from the prior quarter.
Fluence Energy (FLNC) Debt Ratio (2021 - 2024) Analysis & Trends
Dating back to fiscal Q4 2021, Fluence Energy's Debt Ratio record includes 9 quarters.
- By fiscal year, Debt Ratio came in at 0.04 in FY2023 and 0.14 in FY2021.
- The fiscal Q4 2024 figure ranks as the lowest quarterly Debt Ratio since fiscal Q2 2023.
- Year over year, Debt Ratio gained in three of the last four quarters, with growth averaging 95.1%.
- Per Business Quant data, the three fiscal quarters before Q4 2024 came in at 0.03 (Q3 2024), 0.04 (Q2 2024) and 0.03 (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.94 Bn | 214.01 Bn | 2.36 Bn | 0.03 |
| 2 | Bloom Energy | 77.11 Bn | 68.94 Bn | 355.57 Mn | 0.00 |
| 3 | First Solar | 18.59 Bn | 9.54 Bn | 605.00 Mn | 0.00 |
| 4 | BWX Technologies | 12.31 Bn | 10.61 Bn | 202.31 Mn | 0.46 |
| 5 | Generac Holdings | 12.11 Bn | 10.94 Bn | 521.81 Mn | 0.23 |
| 6 | Nextpower | 12.00 Bn | 7.89 Bn | 335.85 Mn | - |
| 7 | EnerSys | 6.46 Bn | 4.66 Bn | 313.36 Mn | 0.26 |
| 8 | Enphase Energy | 4.08 Bn | -774.96 Mn | 175.01 Mn | 0.20 |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn | 0.13 |
| 10 | Fluence Energy | 1.38 Bn | -427.67 Mn | 33.24 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 0.02 |
| Jun 30, 2024 | 0.03 |
| Mar 31, 2024 | 0.04 |
| Dec 31, 2023 | 0.03 |
| Sep 30, 2023 | 0.04 |
| Jun 30, 2023 | 0.03 |
| Mar 31, 2023 | 0.01 |
| Dec 31, 2022 | 0.01 |
| Sep 30, 2021 | 0.14 |
Fluence Energy Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=FLNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "FLNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=FLNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();