ESS Tech (GWH) Debt Ratio (2020 - 2023)

ESS Tech has reported Debt Ratio for 4 years, with the latest figure at 0.02 in Q2 2023.

• On a quarterly basis, Debt Ratio fell 32.58% year-over-year to 0.02 in Q2 2023; TTM through Jun 2023 was 0.02, a 32.58% decrease from a year earlier, with the FY2022 full-year figure at 0.02, down 10.61% from the prior year.
• Debt Ratio was 0.02 for Q2 2023 at ESS Tech, down from 0.02 in the prior quarter.
• The five-year high for Debt Ratio was 1.26 in Q4 2020, with the low at 0.02 in Q2 2023.
• Average Debt Ratio over 4 years is 0.18, with a median of 0.02 recorded in 2021.
• The sharpest annual moves came in 2021 and 2023: Debt Ratio tumbled 98.2% in 2021, then declined 5.0% in 2023.
• Over 4 years, Debt Ratio stood at 1.26 in 2020, then plunged by 98.2% to 0.02 in 2021, then fell by 10.61% to 0.02 in 2022, then decreased by 12.89% to 0.02 in 2023.
• The last three Debt Ratio figures came in at 0.02 (Q2 2023), 0.02 (Q1 2023), and 0.02 (Q4 2022), per Business Quant data.