ESS Tech (GWH-WT) Debt Ratio (2020 - 2022)
ESS Tech (GWH-WT) recorded quarterly Debt Ratio of 0.0 in Q4 2022, down 71.18% quarter-over-quarter from 0.01 in Q1 2022, and down 75.7% on a YoY basis from 0.01 in Q4 2021.
ESS Tech (GWH-WT) Debt Ratio (2020 - 2022) Analysis & Trends
ESS Tech's Debt Ratio history runs 3 years deep, the most recent figure standing at 0.0 for Q4 2022.
- In Q4 2022, Debt Ratio fell 75.7% year-over-year to 0.0; the TTM figure through Dec 2022 stood at 0.0 (down 75.7% YoY), while the FY2022 annual figure was 0.0, down 75.7% from the prior year.
- Debt Ratio was 0.0 for Q4 2022 at ESS Tech, down from 0.01 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.01 in Q4 2021 to a low of 0.0 in Q4 2022.
- Historically, Debt Ratio has averaged 0.0 across 3 years, with a median of 0.0 in 2020.
- The sharpest annual moves came in 2021 and 2022: Debt Ratio surged 254.75% in 2021, then sank 75.7% in 2022.
- A 3-year view of Debt Ratio shows it stood at 0.0 in 2020, then soared by 254.75% to 0.01 in 2021, then tumbled by 75.7% to 0.0 in 2022.
- The last three Debt Ratio figures came in at 0.0 (Q4 2022), 0.01 (Q1 2022), and 0.01 (Q4 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 472.68 Bn | 472.63 Bn | - | 0.33 |
| 2 | Vertiv Holdings | 115.80 Bn | 113.29 Bn | 999.70 Mn | 0.22 |
| 3 | Bloom Energy | 73.20 Bn | 70.74 Bn | 225.54 Mn | - |
| 4 | nVent Electric | 26.87 Bn | 26.68 Bn | 445.60 Mn | 0.22 |
| 5 | Hubbell | 25.27 Bn | 24.77 Bn | 505.30 Mn | 0.31 |
| 6 | Advanced Energy Industries | 13.35 Bn | 13.35 Bn | 200.90 Mn | 0.22 |
| 7 | Powell Industries | 10.72 Bn | 10.17 Bn | 87.94 Mn | - |
| 8 | Ballard Power Systems | 10.33 Bn | 9.80 Bn | 5.64 Mn | - |
| 9 | Acuity Inc. (De) | 9.04 Bn | 8.77 Bn | 520.40 Mn | 0.15 |
| 10 | ESS Tech | - | - | -7.04 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 0.00 |
| Mar 31, 2022 | 0.01 |
| Dec 31, 2021 | 0.01 |
| Dec 31, 2020 | 0.00 |