Fluence Energy (FLNC) Debt to Equity (2021 - 2024)
Fluence Energy recorded quarterly Debt to Equity of $0.05 in Q3 2024, down 49.9% quarter-over-quarter from $0.1 in Q2 2024, and down 44.98% year-over-year from $0.09 in Q4 2023.
Fluence Energy's Debt to Equity history runs 4 years deep, the most recent figure standing at $0.05 for Q3 2024.
- In Q3 2024, Debt to Equity fell 44.98% year-over-year to $0.05; the TTM figure through Sep 2024 stood at $0.05 (down 44.98% YoY), while the FY2024 annual figure was $0.05, down 44.98% from the prior year.
- Debt to Equity came in at $0.05 for Q3 2024 at Fluence Energy, down from $0.1 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.11 in Q1 2024 to a low of -$847.46 in Q3 2021.
- A 4-year average of -$94.09 and a median of $0.09 in 2023 frame the typical range for Debt to Equity.
- On a YoY basis, Debt to Equity climbed as much as 191.97% in 2024 and fell as far as 44.98% in 2024.
- Fluence Energy's Debt to Equity stood at -$847.46 in 2021, then surged by 100.0% to $0.04 in 2022, then soared by 171.27% to $0.1 in 2023, then slumped by 47.77% to $0.05 in 2024.
- According to Business Quant data, Debt to Equity over the past three periods registered $0.05, $0.1, and $0.11 for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 193.97 Bn | 191.26 Bn | 1.44 Bn | - |
| 2 | Enlight Renewable Energy | 13.10 Bn | 12.57 Bn | 85.64 Mn | 0.29 |
| 3 | Ormat Technologies | 8.30 Bn | 8.16 Bn | 78.83 Mn | 0.03 |
| 4 | Fluence Energy | 3.60 Bn | 3.28 Bn | 46.63 Mn | - |
| 5 | Clearway Energy | 1.42 Bn | 4.77 Bn | 220.00 Mn | 1.66 |
| 6 | XPLR Infrastructure | 1.16 Bn | 8.69 Bn | 141.00 Mn | 0.59 |
| 7 | Energy Vault Holdings | 916.05 Mn | 870.62 Mn | 4.79 Mn | 5.64 |
| 8 | Ellomay Capital | 782.29 Mn | 671.00 Mn | 1.49 Mn | 6.53 |
| 9 | ReNew Energy Global | 342.92 Mn | 58.95 Mn | 269.00 Mn | 0.35 |
| 10 | Nextnrg | 90.54 Mn | 87.86 Mn | 1.71 Mn | 0.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.05 |
| Jun 30, 2024 | 0.10 |
| Mar 31, 2024 | 0.11 |
| Dec 31, 2023 | 0.10 |
| Sep 30, 2023 | 0.09 |
| Jun 30, 2023 | 0.09 |
| Mar 31, 2023 | 0.04 |
| Dec 31, 2022 | 0.04 |
| Sep 30, 2021 | -847.46 |