ESS Tech (GWH) Non-Current Debt (2020 - 2023)
ESS Tech (GWH) posted Non-Current Debt of $1.1 million for Q2 2023, down 25.95% on a QoQ basis from $1.5 million in Q1 2023, and down 60.15% year-over-year from $2.8 million in Q2 2022.
Analysis
ESS Tech (GWH) Non-Current Debt (2020 - 2023) Analysis & Trends
ESS Tech has reported Non-Current Debt for 4 years, with the latest figure at $1.1 million in Q2 2023.
- On a quarterly basis, Non-Current Debt fell 60.15% year-over-year to $1.1 million in Q2 2023; TTM through Jun 2023 was $1.1 million, a 60.15% decrease from a year earlier, with the FY2022 full-year figure at $1.9 million, down 49.19% from the prior year.
- Non-Current Debt was $1.1 million for Q2 2023 at ESS Tech, down from $1.5 million in the prior quarter.
- The five-year high for Non-Current Debt was $5.7 million in Q4 2020, with the low at $1.1 million in Q2 2023.
- Average Non-Current Debt over 4 years is $2.8 million, with a median of $2.6 million recorded in 2022.
- The sharpest annual moves came in 2021 and 2023: Non-Current Debt plunged 33.84% in 2021, then slumped 60.15% in 2023.
- Over 4 years, Non-Current Debt stood at $5.7 million in 2020, then slumped by 33.84% to $3.8 million in 2021, then tumbled by 49.19% to $1.9 million in 2022, then slumped by 41.15% to $1.1 million in 2023.
- The last three Non-Current Debt figures came in at $1.1 million (Q2 2023), $1.5 million (Q1 2023), and $1.9 million (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.54 Bn | 6.01 Bn | 313.36 Mn | 1.01 Bn |
| 2 | QuantumScape | 3.20 Bn | 3.20 Bn | - | - |
| 3 | Eos Energy Enterprises | 1.35 Bn | 1.00 Bn | -48.80 Mn | 453.84 Mn |
| 4 | Fluence Energy | 1.34 Bn | 769.30 Mn | 33.24 Mn | - |
| 5 | Energy Vault Holdings | 752.49 Mn | 645.13 Mn | 5.38 Mn | 264.20 Mn |
| 6 | Enovix | 689.37 Mn | 689.37 Mn | 1.30 Mn | 521.21 Mn |
| 7 | Amprius Technologies | 436.15 Mn | 361.63 Mn | 9.28 Mn | - |
| 8 | Electrovaya | 257.13 Mn | 244.05 Mn | 6.19 Mn | 38.27 Mn |
| 9 | Microvast Holdings | 215.82 Mn | 72.70 Mn | 25.78 Mn | 14.44 Mn |
| 10 | ESS Tech | 12.59 Mn | 12.59 Mn | -7.42 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 1.13 Mn |
| Mar 31, 2023 | 1.52 Mn |
| Dec 31, 2022 | 1.92 Mn |
| Sep 30, 2022 | 2.31 Mn |
| Jun 30, 2022 | 2.83 Mn |
| Mar 31, 2022 | 3.30 Mn |
| Dec 31, 2021 | 3.77 Mn |
| Dec 31, 2020 | 5.70 Mn |