ESS Tech (GWH-WT) Debt to Equity (2020 - 2022)
ESS Tech (GWH-WT) recorded quarterly Debt to Equity of $0.0 in Q4 2022, down 69.07% quarter-over-quarter from $0.01 in Q1 2022, and down 74.76% on a YoY basis from $0.01 in Q4 2021.
ESS Tech (GWH-WT) Debt to Equity (2020 - 2022) Analysis & Trends
ESS Tech's Debt to Equity history runs 3 years deep, the most recent figure standing at $0.0 for Q4 2022.
- In Q4 2022, Debt to Equity fell 74.76% year-over-year to $0.0; the TTM figure through Dec 2022 stood at $0.0 (down 74.76% YoY), while the FY2022 annual figure was $0.0, down 74.76% from the prior year.
- Debt to Equity was $0.0 for Q4 2022 at ESS Tech, down from $0.01 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.01 in Q4 2021 to a low of -$0.0 in Q4 2020.
- Historically, Debt to Equity has averaged $0.0 across 3 years, with a median of $0.0 in 2022.
- The sharpest annual moves came in 2021 and 2022: Debt to Equity jumped 1437.16% in 2021, then sank 74.76% in 2022.
- A 3-year view of Debt to Equity shows it stood at -$0.0 in 2020, then surged by 1437.16% to $0.01 in 2021, then tumbled by 74.76% to $0.0 in 2022.
- The last three Debt to Equity 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/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 472.68 Bn | 472.63 Bn | - | 0.58 |
| 2 | Vertiv Holdings | 115.80 Bn | 113.29 Bn | 999.70 Mn | 0.69 |
| 3 | Bloom Energy | 73.20 Bn | 70.74 Bn | 225.54 Mn | - |
| 4 | nVent Electric | 26.87 Bn | 26.68 Bn | 445.60 Mn | 0.41 |
| 5 | Hubbell | 25.27 Bn | 24.77 Bn | 505.30 Mn | 0.68 |
| 6 | Advanced Energy Industries | 13.35 Bn | 13.35 Bn | 200.90 Mn | 0.41 |
| 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 | 0.25 |
| 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 |