ESS Tech (GWH) Total Debt (2020 - 2023)
ESS Tech (GWH) posted Total Debt of $2.3 million for Q2 2023, down 25.95% on a QoQ basis from $3.0 million in Q1 2023, and down 60.15% year-over-year from $5.7 million in Q2 2022.
Analysis
ESS Tech (GWH) Total Debt (2020 - 2023) Analysis & Trends
ESS Tech has reported Total Debt for 4 years, with the latest figure at $2.3 million in Q2 2023.
- On a quarterly basis, Total Debt fell 60.15% year-over-year to $2.3 million in Q2 2023; TTM through Jun 2023 was $2.3 million, a 60.15% decrease from a year earlier, with the FY2022 full-year figure at $3.5 million, down 38.0% from the prior year.
- Total Debt was $2.3 million for Q2 2023 at ESS Tech, down from $3.0 million in the prior quarter.
- The five-year high for Total Debt was $11.4 million in Q4 2020, with the low at $2.3 million in Q2 2023.
- Average Total Debt over 4 years is $5.2 million, with a median of $4.9 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Total Debt tumbled 38.0% in 2022, then slumped 60.15% in 2023.
- Over 4 years, Total Debt stood at $11.4 million in 2020, then slumped by 50.16% to $5.7 million in 2021, then sank by 38.0% to $3.5 million in 2022, then plunged by 35.87% to $2.3 million in 2023.
- The last three Total Debt figures came in at $2.3 million (Q2 2023), $3.0 million (Q1 2023), and $3.5 million (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.54 Bn | 6.01 Bn | 313.36 Mn | 1.07 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 | 342.18 Mn |
| 6 | Enovix | 689.37 Mn | 689.37 Mn | 1.30 Mn | 531.81 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 | 222.84 Mn |
| 10 | ESS Tech | 12.59 Mn | 12.59 Mn | -7.42 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 2.25 Mn |
| Mar 31, 2023 | 3.04 Mn |
| Dec 31, 2022 | 3.52 Mn |
| Sep 30, 2022 | 4.61 Mn |
| Jun 30, 2022 | 5.66 Mn |
| Mar 31, 2022 | 5.12 Mn |
| Dec 31, 2021 | 5.67 Mn |
| Dec 31, 2020 | 11.38 Mn |