Fluence Energy (FLNC) Debt Ratio (2021 - 2024)
Fluence Energy recorded quarterly Debt Ratio of 0.02 in Q3 2024, down 49.78% quarter-over-quarter from 0.03 in Q2 2024, and down 57.32% year-over-year from 0.04 in Q4 2023.
Fluence Energy's Debt Ratio history runs 4 years deep, the most recent figure standing at 0.02 for Q3 2024.
- In Q3 2024, Debt Ratio fell 57.32% year-over-year to 0.02; the TTM figure through Sep 2024 stood at 0.02 (down 57.32% YoY), while the FY2024 annual figure was 0.02, down 57.32% from the prior year.
- Debt Ratio came in at 0.02 for Q3 2024 at Fluence Energy, down from 0.03 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.07 in Q3 2021 to a low of 0.01 in Q4 2022.
- A 4-year average of 0.03 and a median of 0.03 in 2023 frame the typical range for Debt Ratio.
- On a YoY basis, Debt Ratio climbed as much as 247.97% in 2024 and fell as far as 57.32% in 2024.
- Fluence Energy's Debt Ratio stood at 0.07 in 2021, then slumped by 85.9% to 0.01 in 2022, then soared by 189.41% to 0.03 in 2023, then sank by 43.87% to 0.02 in 2024.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.02, 0.03, and 0.04 for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 193.97 Bn | 191.26 Bn | 1.44 Bn | 0.22 |
| 2 | Enlight Renewable Energy | 13.10 Bn | 12.57 Bn | 85.64 Mn | 0.06 |
| 3 | Ormat Technologies | 8.30 Bn | 8.16 Bn | 78.83 Mn | 0.01 |
| 4 | Fluence Energy | 3.60 Bn | 3.28 Bn | 46.63 Mn | - |
| 5 | Clearway Energy | 1.42 Bn | 4.77 Bn | 220.00 Mn | 0.54 |
| 6 | XPLR Infrastructure | 1.16 Bn | 8.69 Bn | 141.00 Mn | 0.32 |
| 7 | Energy Vault Holdings | 916.05 Mn | 870.62 Mn | 4.79 Mn | 0.58 |
| 8 | Ellomay Capital | 782.29 Mn | 671.00 Mn | 1.49 Mn | 1.09 |
| 9 | ReNew Energy Global | 342.92 Mn | 58.95 Mn | 269.00 Mn | 0.04 |
| 10 | Nextnrg | 90.54 Mn | 87.86 Mn | 1.71 Mn | 0.00 |
Historic Data
Download 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 | 0.07 |