ESS Tech (GWH) Debt Ratio (2020 - 2023)
ESS Tech's (GWH) quarterly Debt Ratio came in at 0.01 in Q1 2023, down 26.34% year-on-year from 0.01 in Q1 2022, and up 468.71% quarter-over-quarter from 0.0 in Q4 2022.
ESS Tech (GWH) Debt Ratio (2020 - 2023) Analysis & Trends
ESS Tech's Debt Ratio history runs 4 years deep, the most recent figure standing at 0.01 for Q1 2023.
- On a quarterly basis, Debt Ratio fell 26.34% year-over-year to 0.01 in Q1 2023; TTM through Mar 2023 was 0.01, a 26.34% decrease from a year earlier, with the FY2022 full-year figure at 0.0, down 75.7% from the prior year.
- Debt Ratio improved to 0.01 in Q1 2023 per GWH's latest filing, from 0.0 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.01 in Q1 2022 and bottomed at 0.0 in Q4 2022.
- The 4-year median for Debt Ratio is 0.01 (2021), against an average of 0.01.
- Across the five-year window, Debt Ratio jumped 254.75% in 2021 and sank 75.7% in 2022, its largest moves.
- Year by year, Debt Ratio stood at 0.0 in 2020, then soared by 254.75% to 0.01 in 2021, then sank by 75.7% to 0.0 in 2022, then soared by 468.71% to 0.01 in 2023.
- Per Business Quant, the three latest GWH Debt Ratio figures stand at 0.01 (Q1 2023), 0.0 (Q4 2022), and 0.01 (Q1 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 0.30 |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 0.22 |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | - |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 0.31 |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 0.22 |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 0.44 |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 0.15 |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | - |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 0.28 |
| 10 | ESS Tech | 22.34 Mn | 22.34 Mn | -7.04 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 0.01 |
| Dec 31, 2022 | 0.00 |
| Mar 31, 2022 | 0.01 |
| Dec 31, 2021 | 0.01 |
| Dec 31, 2020 | 0.00 |