ESS Tech (GWH) Notes Payables (2020 - 2023)
ESS Tech (GWH) posted Notes Payables 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) Notes Payables (2020 - 2023) Analysis & Trends
ESS Tech has reported Notes Payables for 4 years, with the latest figure at $1.1 million in 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 was $1.1 million for Q2 2023 at ESS Tech, down from $1.5 million in the prior quarter.
- The five-year high for Notes Payables was $5.7 million in Q4 2020, with the low at $1.1 million in Q2 2023.
- Average Notes Payables over 4 years is $2.3 million, with a median of $1.9 million recorded in 2021.
- The sharpest annual moves came in 2021 and 2022: Notes Payables sank 66.54% in 2021, then slipped 15.79% in 2022.
- Over 4 years, Notes Payables stood at $5.7 million in 2020, then tumbled by 66.54% to $1.9 million in 2021, then declined by 15.79% to $1.6 million in 2022, then decreased by 29.56% to $1.1 million in 2023.
- The last three Notes Payables figures came in at $1.1 million (Q2 2023), $1.5 million (Q1 2023), and $1.6 million (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | EnerSys | 6.54 Bn | 6.01 Bn | 313.36 Mn |
| 2 | QuantumScape | 3.20 Bn | 3.20 Bn | - |
| 3 | Eos Energy Enterprises | 1.35 Bn | 1.00 Bn | -48.80 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 |
| 6 | Enovix | 689.37 Mn | 689.37 Mn | 1.30 Mn |
| 7 | Amprius Technologies | 436.15 Mn | 361.63 Mn | 9.28 Mn |
| 8 | Electrovaya | 257.13 Mn | 244.05 Mn | 6.19 Mn |
| 9 | Microvast Holdings | 215.82 Mn | 72.70 Mn | 25.78 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 | 1.60 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 |