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
DateValue
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