ESS Tech (GWH) Notes Payables (2020 - 2023)

ESS Tech's (GWH) quarterly Notes Payables came in at $1.1 million in Q2 2023, down 60.15% year-on-year from $2.8 million in Q2 2022, and down 25.95% quarter-over-quarter from $1.5 million in Q1 2023.

ESS Tech (GWH) Notes Payables (2020 - 2023) Analysis & Trends

ESS Tech's Notes Payables history runs 4 years deep, the most recent figure standing at $1.1 million for Q2 2023.

  • On a quarterly basis, Notes Payables 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 $1.6 million, down 15.79% from the prior year.
  • Notes Payables declined to $1.1 million in Q2 2023 per GWH's latest filing, from $1.5 million in the prior quarter.
  • Across five years, Notes Payables topped out at $5.7 million in Q4 2020 and bottomed at $1.1 million in Q2 2023.
  • The 4-year median for Notes Payables is $1.9 million (2021), against an average of $2.3 million.
  • Across the five-year window, Notes Payables slumped 66.54% in 2021 and dropped 15.79% in 2022, its largest moves.
  • Year by year, Notes Payables stood at $5.7 million in 2020, then slumped by 66.54% to $1.9 million in 2021, then dropped by 15.79% to $1.6 million in 2022, then retreated by 29.56% to $1.1 million in 2023.
  • Per Business Quant, the three latest GWH Notes Payables figures stand at $1.1 million (Q2 2023), $1.5 million (Q1 2023), and $1.6 million (Q4 2022).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn
10 ESS Tech 22.34 Mn 22.34 Mn -7.04 Mn

Historic Data

Download Data
DateValue
Jun 30, 2023 1.13 Mn
Mar 31, 2023 1.52 Mn
Dec 31, 2022 1.60 Mn
Sep 30, 2022 2.31 Mn
Jun 30, 2022 2.83 Mn
Mar 31, 2022 1.82 Mn
Dec 31, 2021 1.90 Mn
Dec 31, 2020 5.68 Mn