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
DateValue
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