ESS Tech Balance Sheet Health
Financial Health criteria checks 6/6
ESS Tech has a total shareholder equity of $103.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $143.2M and $39.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$108.06m |
| Equity | US$103.36m |
| Total liabilities | US$39.88m |
| Total assets | US$143.23m |
Recent financial health updates
Is ESS Tech (NYSE:GWH) In A Good Position To Deliver On Growth Plans?
Feb 08
Is ESS Tech (NYSE:GWH) In A Good Position To Invest In Growth?
Nov 10Recent updates
Is 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 ($118.1M) exceed its short term liabilities ($19.8M).
Long Term Liabilities: GWH's short term assets ($118.1M) exceed its long term liabilities ($20.1M).
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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GWH has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 39.5% each year.