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| Date | Value |
|---|---|
| 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 |