Fluence Energy (FLNC) Short term Debt (2021 - 2024)
Fluence Energy (FLNC) posted Short term Debt of $30.4 million for Q3 2024, down 43.48% sequentially from $53.7 million in Q2 2024, and up 34.7% YoY from $22.5 million in Q4 2023.
Fluence Energy (FLNC) Short term Debt (2021 - 2024) Analysis & Trends
Fluence Energy has reported Short term Debt for 3 years, with the latest figure at $30.4 million in Q3 2024.
- Quarterly Short term Debt rose 34.7% year-over-year to $30.4 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $30.4 million (up 34.7% YoY) and the FY2024 annual result came in at $30.4 million, up 34.7% from the prior year.
- Short term Debt slipped to $30.4 million in Q3 2024 per FLNC's latest filing, from $53.7 million in the prior quarter.
- Over five years, Short term Debt peaked at $59.0 million in Q1 2024 and troughed at $22.5 million in Q3 2023.
- A 3-year average of $44.5 million and a median of $50.8 million in 2021 frame the typical range for Short term Debt.
- The widest YoY moves for Short term Debt: up 34.7% in 2024, down 34.7% in 2024.
- Over 3 years, Short term Debt stood at $50.0 million in 2021, then increased by 3.24% to $51.6 million in 2023, then sank by 41.19% to $30.4 million in 2024.
- According to Business Quant data, Short term Debt over the past three periods registered $30.4 million, $53.7 million, and $59.0 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.98 Bn | 10.81 Bn | 117.49 Mn |
| 2 | Ormat Technologies | 7.11 Bn | 6.45 Bn | 68.70 Mn |
| 3 | Brookfield Renewable Partners | 4.73 Bn | 2.23 Bn | 623.00 Mn |
| 4 | Clearway Energy | 3.81 Bn | 3.47 Bn | 332.00 Mn |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn |
| 6 | Fluence Energy | 1.84 Bn | 1.28 Bn | 33.24 Mn |
| 7 | XPLR Infrastructure | 1.08 Bn | 580.68 Mn | - |
| 8 | Energy Vault Holdings | 685.75 Mn | 617.00 Mn | 4.79 Mn |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn |
| 10 | Eco Wave Power Global AB (publ) | 335.24 Mn | 335.24 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 30.36 Mn |
| Jun 30, 2024 | 53.71 Mn |
| Mar 31, 2024 | 59.05 Mn |
| Dec 31, 2023 | 51.62 Mn |
| Sep 30, 2023 | 22.54 Mn |
| Sep 30, 2021 | 50.00 Mn |