ESS Tech Balance Sheet Health
Financial Health criteria checks 5/6
ESS Tech has a total shareholder equity of $49.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $96.7M and $47.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$55.11m |
| Equity | US$49.20m |
| Total liabilities | US$47.50m |
| Total assets | US$96.70m |
Recent financial health updates
Here's Why We're Watching ESS Tech's (NYSE:GWH) Cash Burn Situation
Jun 26
Is ESS Tech (NYSE:GWH) In A Good Position To Deliver On Growth Plans?
Feb 08Is ESS Tech (NYSE:GWH) In A Good Position To Invest In Growth?
Nov 10Recent updates
ESS Tech Is A High-Risk Investment That May Reward A Patient Investor
Nov 19Here's Why We're Watching ESS Tech's (NYSE:GWH) Cash Burn Situation
Jun 26A Look At The Intrinsic Value Of ESS Tech, Inc. (NYSE:GWH)
May 03Is ESS Tech, Inc. (NYSE:GWH) Potentially Undervalued?
Mar 15ESS Tech: The Honeywell Honeymoon Was Brief
Feb 12Is ESS Tech (NYSE:GWH) In A Good Position To Deliver On Growth Plans?
Feb 08ESS Tech: Flush With Cash As Solar And Wind Energy Booms
Dec 11Is ESS Tech (NYSE:GWH) In A Good Position To Invest In Growth?
Nov 10ESS Tech Levels Up
Sep 27ESS Tech: Without More Transparency, Investors Left In A Lurch
Jul 10ESS Tech: A Very Big Battery In Germany
Jun 21ESS to fend off lawsuit stemming from Grizzly Research report
Jan 16ESS Tech: Q4 2022 Estimate And Questions For Management
Dec 18ESS Tech: Darling Of The Shorts Or Storage Panacea
Dec 09ESS Tech: Long-Duration Energy Storage Will Supercharge The Transition To Renewables
Sep 28ESS Tech names Vince Canino as operating chief
Aug 26ESS Tech: Speculative Buy As Green Energy Needs Storage To Be More Viable
Jan 13ESS Tech: The Blue Sky Energy Opportunity
Oct 14Financial Position Analysis
Short Term Liabilities: GWH's short term assets ($68.6M) exceed its short term liabilities ($32.1M).
Long Term Liabilities: GWH's short term assets ($68.6M) exceed its long term liabilities ($15.4M).
Debt to Equity History and Analysis
Debt Level: GWH is debt free.
Reducing Debt: GWH had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GWH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GWH has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 24.6% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:56 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ESS Tech, Inc. is covered by 12 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| George Gianarikas | Baird |
| Benjamin Kallo | Baird |
| Jonathan Dorsheimer | Canaccord Genuity |