Energy Vault Balance Sheet
NYSE: NRGVMiscellaneousIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Energy Vault financial position
At the end of fiscal 2025, Energy Vault reported total assets of $312.9 million, up 70.1% from a year earlier against total liabilities of $224.3 million. Shareholders' equity stood at $67.5 million, or 21.6% of assets. The company held $58.3 million in cash and equivalents against $94.6 million of debt, a net debt position of $36.3 million.
The current ratio (current assets divided by current liabilities) was 0.73, meaning short-term obligations exceed short-term assets. Debt-to-equity was 1.40.
Summary generated from market data by MetaCap's automated system. Methodology
Energy Vault balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 58.26M | 27.09M | 109.92M | 203.04M | 105.13M | 172.85K |
| Short-Term Investments | 325.00K | 2.93M | 0 | — | — | — |
| Receivables | 25.94M | 14.56M | 27.19M | 37.46M | 0 | — |
| Inventory | 139.00K | 107.00K | 415.00K | 4.38M | 0 | — |
| Total Current Assets | 121.07M | 68.91M | 279.58M | 390.07M | 110.66M | 172.85K |
| Property, Plant & Equipment | 96.06M | 99.49M | 31.04M | 3.04M | 11.87M | — |
| Intangible Assets | 8.28M | 4.54M | 1.79M | 0 | — | — |
| Long-Term Investments | 3.37M | 3.27M | 17.30M | — | — | — |
| Total Assets | 312.88M | 183.89M | 340.75M | 416.71M | 125.29M | 209.90K |
| Accounts Payable | 30.84M | 20.25M | 21.16M | 60.31M | 1.98M | — |
| Short-Term Debt | 56.63M | 0 | — | 0 | — | — |
| Total Current Liabilities | 165.02M | 54.66M | 111.85M | 125.32M | 7.34M | 186.00K |
| Long-Term Debt | 37.97M | 0 | — | — | — | — |
| Total Liabilities | 224.26M | 57.63M | 116.96M | 129.00M | 11.25M | 186.00K |
| Shareholders' Equity | 67.46M | 126.26M | 223.79M | 287.71M | -68.67M | -39.63M |
| Retained Earnings | -487.43M | -383.82M | -248.07M | -147.26M | -68.97M | -1.10K |
| Total Debt | 94.60M | 0 | — | 0 | — | — |
| Net Cash (Debt) | -36.01M | 30.02M | 109.92M | 203.04M | 105.13M | 172.85K |
| Shares Outstanding | 168.97M | 153.21M | 146.58M | 138.53M | 20.43M | — |
This table shows 6 annual periods of Energy Vault's balance sheet, from FY 2025 back to FY 2020, across 19 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow NRGV's reporting calendar. What is a balance sheet?