ESS Tech (GWH) Debt Ratio (2020 - 2023)
ESS Tech's Debt Ratio came in at 0.01 for Q2 2023, down 32.6% from 0.01 a year earlier and down 14.5% from the prior quarter.
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Analysis
ESS Tech (GWH) Debt Ratio (2020 - 2023) Analysis & Trends
Going back to Q4 2020, ESS Tech's Debt Ratio data covers 8 quarters.
- Going back by year, Debt Ratio was 0.02 in FY2021 (-97.6%) and 0.63 in FY2020.
- The Q2 2023 figure represents the lowest quarterly Debt Ratio in data going back to Q4 2020.
- Year-over-year, Debt Ratio has declined for three consecutive quarters, with an average decline of 45.8% over the last four quarters.
- Business Quant data shows GWH's Debt Ratio at 0.01 (Q1 2023), 0.01 (Q4 2022) and 0.01 (Q3 2022) in the three quarters before Q2 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 0.03 |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 0.00 |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 0.00 |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 0.46 |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 0.23 |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | - |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 0.26 |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 0.20 |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 0.13 |
| 10 | ESS Tech | 5.59 Mn | 5.59 Mn | -7.42 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 0.01 |
| Mar 31, 2023 | 0.01 |
| Dec 31, 2022 | 0.01 |
| Sep 30, 2022 | 0.01 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | 0.01 |
| Dec 31, 2021 | 0.02 |
| Dec 31, 2020 | 0.63 |
API Access
ESS Tech Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=GWH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "GWH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=GWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();