ESS Tech (GWH) Debt Ratio (2020 - 2023)
ESS Tech (GWH) posted quarterly Debt Ratio of 0.01 for Q1 2023, down 26.34% year-over-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.
- In Q1 2023, Debt Ratio fell 26.34% year-over-year to 0.01; the TTM figure through Mar 2023 stood at 0.01 (down 26.34% YoY), while the FY2022 annual figure was 0.0, down 75.7% from the prior year.
- Debt Ratio for Q1 2023 stood at 0.01, up from 0.0 in the prior quarter.
- The five-year high for Debt Ratio was 0.01 in Q1 2022, with the low at 0.0 in Q4 2022.
- The 4-year median for Debt Ratio is 0.01 (2021), against an average of 0.01.
- The sharpest annual moves came in 2021 and 2022: Debt Ratio jumped 254.75% in 2021, then plunged 75.7% in 2022.
- ESS Tech's Debt Ratio stood at 0.0 in 2020, then surged by 254.75% to 0.01 in 2021, then slumped by 75.7% to 0.0 in 2022, then surged by 468.71% to 0.01 in 2023.
- Business Quant data shows GWH's Debt Ratio at 0.01 in Q1 2023, 0.0 in Q4 2022, and 0.01 in Q1 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.97 Bn | 97.85 Bn | 1.23 Bn | 0.18 |
| 2 | Bloom Energy | 57.84 Bn | 55.17 Bn | 355.57 Mn | 0.00 |
| 3 | Hubbell | 24.92 Bn | 24.53 Bn | 613.00 Mn | 0.45 |
| 4 | nVent Electric | 24.84 Bn | 24.58 Bn | 558.00 Mn | 0.21 |
| 5 | Advanced Energy Industries | 11.12 Bn | 9.70 Bn | 236.10 Mn | 0.37 |
| 6 | Acuity Inc. (De) | 10.39 Bn | 9.98 Bn | 606.40 Mn | 0.15 |
| 7 | Powell Industries | 7.24 Bn | 6.61 Bn | 95.30 Mn | - |
| 8 | EnerSys | 6.95 Bn | 6.42 Bn | 313.36 Mn | 0.26 |
| 9 | Plug Power | 3.19 Bn | 2.88 Bn | -1.68 Mn | 0.03 |
| 10 | ESS Tech | 13.08 Mn | 13.08 Mn | -7.42 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 0.01 |
| 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 |