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| Date | Value |
|---|---|
| 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 |