Fluence Energy (FLNC) Total Debt (2021 - 2024)
Fluence Energy recorded quarterly Total Debt of $30.4 million in Q3 2024, down 43.48% quarter-over-quarter from $53.7 million in Q2 2024, and down 39.96% year-over-year from $50.6 million in Q4 2023.
Fluence Energy's Total Debt history runs 4 years deep, the most recent figure standing at $30.4 million for Q3 2024.
- In Q3 2024, Total Debt fell 39.96% year-over-year to $30.4 million; the TTM figure through Sep 2024 stood at $30.4 million (down 39.96% YoY), while the FY2024 annual figure was $30.4 million, down 39.96% from the prior year.
- Total Debt came in at $30.4 million for Q3 2024 at Fluence Energy, down from $53.7 million in the prior quarter.
- In the past five years, Total Debt ranged from a high of $59.0 million in Q1 2024 to a low of $21.1 million in Q4 2022.
- A 4-year average of $43.1 million and a median of $50.0 million in 2021 frame the typical range for Total Debt.
- On a YoY basis, Total Debt climbed as much as 173.34% in 2024 and fell as far as 39.96% in 2024.
- Fluence Energy's Total Debt stood at $50.0 million in 2021, then plunged by 57.72% to $21.1 million in 2022, then surged by 144.16% to $51.6 million in 2023, then plunged by 41.19% to $30.4 million in 2024.
- According to Business Quant data, Total 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) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 193.97 Bn | 191.26 Bn | 1.44 Bn | 11.85 Bn |
| 2 | Enlight Renewable Energy | 13.10 Bn | 12.57 Bn | 85.64 Mn | 493.46 Mn |
| 3 | Ormat Technologies | 8.30 Bn | 8.16 Bn | 78.83 Mn | 80.00 Mn |
| 4 | Fluence Energy | 3.60 Bn | 3.28 Bn | 46.63 Mn | - |
| 5 | Clearway Energy | 1.42 Bn | 4.77 Bn | 220.00 Mn | 9.12 Bn |
| 6 | XPLR Infrastructure | 1.16 Bn | 8.69 Bn | 141.00 Mn | 6.33 Bn |
| 7 | Energy Vault Holdings | 916.05 Mn | 870.62 Mn | 4.79 Mn | 171.68 Mn |
| 8 | Ellomay Capital | 782.29 Mn | 671.00 Mn | 1.49 Mn | 1.07 Bn |
| 9 | ReNew Energy Global | 342.92 Mn | 58.95 Mn | 269.00 Mn | 484.42 Mn |
| 10 | Nextnrg | 90.54 Mn | 87.86 Mn | 1.71 Mn | 17,429.00 |
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 | 50.56 Mn |
| Jun 30, 2023 | 49.51 Mn |
| Mar 31, 2023 | 21.60 Mn |
| Dec 31, 2022 | 21.14 Mn |
| Sep 30, 2021 | 50.00 Mn |