ESS Tech (GWH) Debt Ratio (2020 - 2022)

ESS Tech (GWH) recorded quarterly Debt Ratio of 0.0 in Q4 2022, down 71.18% quarter-over-quarter from 0.01 in Q1 2022, and down 75.7% on a YoY basis from 0.01 in Q4 2021.

ESS Tech (GWH) Debt Ratio (2020 - 2022) Analysis & Trends

ESS Tech's Debt Ratio history runs 3 years deep, the most recent figure standing at 0.0 for Q4 2022.

  • In Q4 2022, Debt Ratio fell 75.7% year-over-year to 0.0; the TTM figure through Dec 2022 stood at 0.0 (down 75.7% YoY), while the FY2022 annual figure was 0.0, down 75.7% from the prior year.
  • Debt Ratio was 0.0 for Q4 2022 at ESS Tech, down from 0.01 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.01 in Q4 2021 to a low of 0.0 in Q4 2022.
  • Historically, Debt Ratio has averaged 0.0 across 3 years, with a median of 0.0 in 2020.
  • The sharpest annual moves came in 2021 and 2022: Debt Ratio surged 254.75% in 2021, then sank 75.7% in 2022.
  • A 3-year view of Debt Ratio shows it stood at 0.0 in 2020, then soared by 254.75% to 0.01 in 2021, then tumbled by 75.7% to 0.0 in 2022.
  • The last three Debt Ratio figures came in at 0.0 (Q4 2022), 0.01 (Q1 2022), and 0.01 (Q4 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - 0.33
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 0.22
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn -
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 0.22
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 0.31
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 0.22
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn -
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 0.15
10 ESS Tech 23.66 Mn 23.66 Mn -7.04 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2022 0.00
Mar 31, 2022 0.01
Dec 31, 2021 0.01
Dec 31, 2020 0.00