ReNew Energy Global (RNW) Other Accumulated Expenses (2019 - 2023)
ReNew Energy Global (RNW) posted quarterly Other Accumulated Expenses of $6.0 million for Q4 2023, up 20.0% year-over-year from $5.0 million in Q4 2022, and up 20.0% quarter-over-quarter from $5.0 million in Q3 2023.
ReNew Energy Global (RNW) Other Accumulated Expenses (2019 - 2023) Analysis & Trends
ReNew Energy Global (RNW) has reported Other Accumulated Expenses for 4 consecutive years, with $6.0 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Other Accumulated Expenses rose 20.0% year-over-year to $6.0 million; the TTM figure through Dec 2023 stood at $6.0 million (up 20.0% YoY), while the FY2023 annual figure was $54.0 million, up 25.58% from the prior year.
- Other Accumulated Expenses rose to $6.0 million in Q4 2023 per RNW's latest filing, from $5.0 million in the prior quarter.
- Across five years, Other Accumulated Expenses topped out at $714.0 million in Q4 2021 and bottomed at $28351.0 in Q1 2019.
- Historically, Other Accumulated Expenses has averaged $77.7 million across 4 years, with a median of $12.5 million in 2021.
- On a YoY basis, Other Accumulated Expenses climbed as much as 40.4% in 2022 and fell as far as 99.3% in 2022.
- ReNew Energy Global's Other Accumulated Expenses stood at $28351.0 in 2019, then jumped by 2518326.75% to $714.0 million in 2021, then sank by 99.3% to $5.0 million in 2022, then rose by 20.0% to $6.0 million in 2023.
- Business Quant data shows RNW's Other Accumulated Expenses at $6.0 million in Q4 2023, $5.0 million in Q3 2023, and $11.0 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.86 Bn | 10.69 Bn | 117.49 Mn |
| 2 | Ormat Technologies | 6.97 Bn | 6.31 Bn | 68.70 Mn |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn |
| 4 | Clearway Energy | 3.79 Bn | 3.45 Bn | 332.00 Mn |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn |
| 6 | Fluence Energy | 1.83 Bn | 1.27 Bn | 33.24 Mn |
| 7 | XPLR Infrastructure | 1.08 Bn | 584.55 Mn | - |
| 8 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn |
| 9 | Energy Vault Holdings | 671.14 Mn | 602.39 Mn | 4.79 Mn |
| 10 | Eco Wave Power Global AB (publ) | 342.25 Mn | 342.25 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 6.00 Mn |
| Sep 30, 2023 | 5.00 Mn |
| Jun 30, 2023 | 11.00 Mn |
| Mar 31, 2023 | 50.08 Mn |
| Dec 31, 2022 | 5.00 Mn |
| Sep 30, 2022 | 10.00 Mn |
| Jun 30, 2022 | 43.00 Mn |
| Mar 31, 2022 | 43.63 Mn |
| Dec 31, 2021 | 714.00 Mn |
| Sep 30, 2021 | 14.00 Mn |
| Mar 31, 2021 | 31.08 Mn |
| Mar 31, 2019 | 28,351.03 |