ESS Tech (GWH-WT) Notes Payables (2020 - 2023)

ESS Tech (GWH-WT) recorded quarterly Notes Payables of $1.1 million in Q2 2023, down 25.95% quarter-over-quarter from $1.5 million in Q1 2023, and down 60.15% on a YoY basis from $2.8 million in Q2 2022.

ESS Tech (GWH-WT) Notes Payables (2020 - 2023) Analysis & Trends

ESS Tech's Notes Payables history runs 4 years deep, the most recent figure standing at $1.1 million for Q2 2023.

  • In Q2 2023, Notes Payables fell 60.15% year-over-year to $1.1 million; the TTM figure through Jun 2023 stood at $1.1 million (down 60.15% YoY), while the FY2022 annual figure was $1.6 million, down 15.79% from the prior year.
  • Notes Payables was $1.1 million for Q2 2023 at ESS Tech, down from $1.5 million in the prior quarter.
  • In the past five years, Notes Payables ranged from a high of $5.7 million in Q4 2020 to a low of $1.1 million in Q2 2023.
  • Historically, Notes Payables has averaged $2.3 million across 4 years, with a median of $1.9 million in 2021.
  • The sharpest annual moves came in 2021 and 2022: Notes Payables slumped 66.54% in 2021, then decreased 15.79% in 2022.
  • A 4-year view of Notes Payables shows it stood at $5.7 million in 2020, then plunged by 66.54% to $1.9 million in 2021, then dropped by 15.79% to $1.6 million in 2022, then retreated by 29.56% to $1.1 million in 2023.
  • The last three Notes Payables figures came in at $1.1 million (Q2 2023), $1.5 million (Q1 2023), and $1.6 million (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Novonix 472.68 Bn 472.63 Bn -
2 Vertiv Holdings 115.80 Bn 113.29 Bn 999.70 Mn
3 Bloom Energy 73.20 Bn 70.74 Bn 225.54 Mn
4 nVent Electric 26.87 Bn 26.68 Bn 445.60 Mn
5 Hubbell 25.27 Bn 24.77 Bn 505.30 Mn
6 Advanced Energy Industries 13.35 Bn 13.35 Bn 200.90 Mn
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
10 ESS Tech - - -7.04 Mn

Historic Data

Download Data
DateValue
Jun 30, 2023 1.13 Mn
Mar 31, 2023 1.52 Mn
Dec 31, 2022 1.60 Mn
Sep 30, 2022 2.31 Mn
Jun 30, 2022 2.83 Mn
Mar 31, 2022 1.82 Mn
Dec 31, 2021 1.90 Mn
Dec 31, 2020 5.68 Mn