ESS Tech Financials

GWH Stock

USD 1.75 0.04 2.34%

ESS Tech is not in a good financial situation at this time. It has a very high probability of going through financial hardship in March. As of now, ESS Tech's Accounts Payable is increasing as compared to previous years. The ESS Tech's current Non Current Assets Total is estimated to increase to about 34.4 M, while Other Current Liabilities is projected to decrease to under 9.5 M.

Covid

Interest Hikes

ESS Tech Balance Sheet Chart

As of now, ESS Tech's Accounts Payable is increasing as compared to previous years. The ESS Tech's current Non Current Assets Total is estimated to increase to about 34.4 M, while Other Current Liabilities is projected to decrease to under 9.5 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

Add Fundamental

Key indicators impacting ESS Tech's financial strength include:

Current Value

Last Year

Change From Last Year

10 Year Trend

Current Ratio

1.72

1.81

Notably Down

Slightly volatile

The financial analysis of ESS Tech is a critical element in measuring its lifeblood. Investors should not minimize ESS Tech's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

11.41 Million

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Understanding current and past ESS Tech Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ESS Tech's financial statements are interrelated, with each one affecting the others. For example, an increase in ESS Tech's assets may result in an increase in income on the income statement.

ESS Tech Stock Summary

ESS Tech competes with Ads Tec, Pioneer Power, Chardan NexTech, System1, and Flux Power. ESS Tech, Inc., an energy storage company, designs and produces iron flow batteries for commercial and utility-scale energy storage applications worldwide. The company was founded in 2011 and is headquartered in Wilsonville, Oregon. Ess Tech operates under Electrical Equipment Parts classification in the United States and is traded on New York Stock Exchange. It employs 160 people.

Specialization	Industrials, Electrical Equipment & Parts
Instrument	USA Stock View All
Exchange	New York Stock Exchange
ISIN	US26916J1060
Business Address	Building 83, Wilsonville,
Sector	Electrical Equipment
Industry	Industrials
Benchmark	Dow Jones Industrial
Website	essinc.com
Phone	855 423 9920
Currency	USD - US Dollar

ESS Tech Key Financial Ratios

	Return On Equity	-2.65
	Operating Margin	(45.85) %
	Price To Sales	6.65 X
	Revenue	6.29 M
	Gross Profit	(31.16 M)

More Fundamentals

ESS Tech Key Balance Sheet Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	250.2M	173.6M	143.2M	71.8M	82.6M	122.6M
Other Current Liab	6.5M	15.8M	12.9M	12.6M	14.5M	9.5M
Net Debt	(235.2M)	(28.9M)	(17.6M)	(11.6M)	(13.4M)	(14.1M)
Retained Earnings	(540.6M)	(618.6M)	(696.2M)	(782.4M)	(704.1M)	(739.3M)
Accounts Payable	1.6M	3.0M	2.8M	8.1M	9.3M	9.7M
Cash	238.9M	34.8M	20.2M	13.3M	12.0M	11.4M
Other Assets	180K	946K	1.8M	1.7M	2.0M	1.0M
Capital Surpluse	745.8M	755.5M	799.5M	811.3M	933.0M	572.2M
Other Current Assets	6.1M	5.7M	4.4M	3.7M	4.3M	4.1M
Total Liab	45.0M	36.6M	39.9M	42.9M	49.4M	33.1M
Total Current Assets	245.5M	151.6M	118.1M	43.4M	49.9M	47.4M
Cash And Equivalents	238.9M	34.8M	20.2M	13.3M	12.0M	11.4M
Short Term Debt	1.9M	3.0M	1.6M	1.7M	1.5M	1.9M
Net Receivables	517K	5.0M	2.2M	2.4M	2.8M	2.2M
Net Invested Capital	208.6M	138.9M	103.4M	28.9M	26.0M	24.7M
Net Working Capital	231.6M	123.6M	98.3M	15.8M	14.2M	13.5M

ESS Tech Key Income Statement Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Interest Income	225.1M	2.2M	5.3M	3.6M	3.2M	3.1M
Total Revenue	686K	894K	7.5M	6.3M	7.2M	7.6M
Operating Income	(60.6M)	(105.5M)	(85.9M)	(89.8M)	(80.8M)	(84.9M)
Ebit	(475.2M)	(105.5M)	(85.9M)	(89.8M)	(80.8M)	(84.9M)
Research Development	30.3M	72.0M	42.6M	11.8M	13.5M	12.9M
Ebitda	(474.7M)	(104.0M)	(79.4M)	(85.1M)	(76.6M)	(80.4M)
Income Before Tax	(477.1M)	(78.0M)	(77.6M)	(86.2M)	(77.6M)	(81.5M)
Net Income	(477.1M)	(78.0M)	(77.6M)	(86.2M)	(77.6M)	(81.5M)
Net Interest Income	(1.9M)	2.2M	4.9M	3.6M	4.1M	4.3M
Gross Profit	(572K)	894K	(13.0M)	(45.4M)	(40.8M)	(38.8M)
Cost Of Revenue	572K	2.7M	20.5M	51.7M	59.4M	62.4M

ESS Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ESS Tech's current stock value. Our valuation model uses many indicators to compare ESS Tech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ESS Tech competition to find correlations between indicators driving ESS Tech's intrinsic value. More Info.

ESS Tech is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . As of now, ESS Tech's Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ESS Tech's earnings, one of the primary drivers of an investment's value.

Most indicators from ESS Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESS Tech current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ESS Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in private.

For more detail on how to invest in ESS Stock please use our How to Invest in ESS Tech guide.The current Selling General Administrative is estimated to decrease to about 19.3 M. Issuance Of Capital Stock is expected to grow at the current pace this year

	2023	2024	2025	2026 (projected)
Depreciation And Amortization	6.5M	4.7M	5.4M	5.7M
Interest Income	5.3M	3.6M	3.2M	3.1M

Depreciation And Amortization Interest Income

ESS Tech fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Cash And Equivalents
Total Assets		0.59	0.69	0.64	0.95	0.86	0.9	0.54	-0.72	-0.76	0.38	0.72	0.52	0.27	0.27	0.4	0.94	0.66	0.4	0.89	0.81	0.93	0.81	0.82	0.96	0.72
Short Long Term Debt Total	0.59		0.5	0.52	0.56	0.4	0.51	0.38	-0.26	-0.46	0.17	0.29	0.32	0.05	0.05	-0.01	0.55	0.39	-0.01	0.38	0.47	0.7	0.48	0.5	0.57	0.29
Other Current Liab	0.69	0.5		0.98	0.53	0.34	0.86	0.98	-0.07	-0.94	0.76	0.07	0.91	0.82	0.82	-0.31	0.49	0.98	-0.31	0.67	0.95	0.87	0.95	0.92	0.55	0.07
Total Current Liabilities	0.64	0.52	0.98		0.47	0.36	0.86	0.98	-0.08	-0.94	0.82	0.08	0.91	0.81	0.81	-0.32	0.43	0.98	-0.32	0.68	0.95	0.86	0.95	0.93	0.5	0.08
Total Stockholder Equity	0.95	0.56	0.53	0.47		0.82	0.8	0.37	-0.8	-0.56	0.09	0.81	0.26	0.09	0.09	0.58	1.0	0.49	0.58	0.79	0.66	0.81	0.66	0.67	1.0	0.81
Other Liab	0.86	0.4	0.34	0.36	0.82		0.75	0.2	-0.93	-0.53	0.26	0.92	0.24	-0.03	-0.03	0.68	0.86	0.37	0.68	0.87	0.58	0.73	0.58	0.64	0.86	0.92
Net Tangible Assets	0.9	0.51	0.86	0.86	0.8	0.75		0.79	-0.55	-0.92	0.64	0.55	0.73	0.59	0.59	0.15	0.79	0.89	0.15	0.94	0.97	0.96	0.97	0.98	0.83	0.55
Property Plant And Equipment Net	0.54	0.38	0.98	0.98	0.37	0.2	0.79		0.07	-0.91	0.81	-0.07	0.93	0.91	0.91	-0.44	0.32	0.98	-0.44	0.6	0.91	0.77	0.91	0.88	0.39	-0.07
Net Debt	-0.72	-0.26	-0.07	-0.08	-0.8	-0.93	-0.55	0.07		0.22	0.09	-1.0	0.11	0.29	0.29	-0.9	-0.84	-0.1	-0.9	-0.69	-0.32	-0.5	-0.32	-0.39	-0.82	-1.0
Retained Earnings	-0.76	-0.46	-0.94	-0.94	-0.56	-0.53	-0.92	-0.91	0.22		-0.84	-0.22	-0.93	-0.77	-0.77	0.2	-0.54	-0.96	0.2	-0.82	-0.97	-0.91	-0.97	-0.97	-0.6	-0.22
Accounts Payable	0.38	0.17	0.76	0.82	0.09	0.26	0.64	0.81	0.09	-0.84		-0.1	0.93	0.77	0.77	-0.44	0.08	0.81	-0.44	0.54	0.76	0.6	0.76	0.76	0.15	-0.1
Cash	0.72	0.29	0.07	0.08	0.81	0.92	0.55	-0.07	-1.0	-0.22	-0.1		-0.12	-0.29	-0.29	0.89	0.85	0.1	0.89	0.68	0.33	0.51	0.32	0.39	0.83	1.0
Non Current Assets Total	0.52	0.32	0.91	0.91	0.26	0.24	0.73	0.93	0.11	-0.93	0.93	-0.12		0.87	0.87	-0.5	0.22	0.92	-0.5	0.6	0.87	0.73	0.87	0.84	0.3	-0.12
Non Currrent Assets Other	0.27	0.05	0.82	0.81	0.09	-0.03	0.59	0.91	0.29	-0.77	0.77	-0.29	0.87		1.0	-0.6	0.04	0.88	-0.6	0.46	0.76	0.5	0.75	0.71	0.11	-0.29
Other Assets	0.27	0.05	0.82	0.81	0.09	-0.03	0.59	0.91	0.29	-0.77	0.77	-0.29	0.87	1.0		-0.6	0.04	0.88	-0.6	0.46	0.76	0.5	0.75	0.71	0.11	-0.29
Long Term Debt	0.4	-0.01	-0.31	-0.32	0.58	0.68	0.15	-0.44	-0.9	0.2	-0.44	0.89	-0.5	-0.6	-0.6		0.62	-0.29	1.0	0.31	-0.09	0.1	-0.09	-0.03	0.57	0.89
Cash And Short Term Investments	0.94	0.55	0.49	0.43	1.0	0.86	0.79	0.32	-0.84	-0.54	0.08	0.85	0.22	0.04	0.04	0.62		0.46	0.62	0.8	0.63	0.8	0.63	0.65	1.0	0.85
Common Stock Shares Outstanding	0.66	0.39	0.98	0.98	0.49	0.37	0.89	0.98	-0.1	-0.96	0.81	0.1	0.92	0.88	0.88	-0.29	0.46		-0.29	0.74	0.97	0.85	0.97	0.95	0.52	0.1
Long Term Debt Total	0.4	-0.01	-0.31	-0.32	0.58	0.68	0.15	-0.44	-0.9	0.2	-0.44	0.89	-0.5	-0.6	-0.6	1.0	0.62	-0.29		0.31	-0.09	0.1	-0.09	-0.03	0.57	0.89
Non Current Liabilities Total	0.89	0.38	0.67	0.68	0.79	0.87	0.94	0.6	-0.69	-0.82	0.54	0.68	0.6	0.46	0.46	0.31	0.8	0.74	0.31		0.86	0.88	0.86	0.9	0.83	0.68
Capital Surpluse	0.81	0.47	0.95	0.95	0.66	0.58	0.97	0.91	-0.32	-0.97	0.76	0.33	0.87	0.76	0.76	-0.09	0.63	0.97	-0.09	0.86		0.94	1.0	0.99	0.69	0.33
Other Current Assets	0.93	0.7	0.87	0.86	0.81	0.73	0.96	0.77	-0.5	-0.91	0.6	0.51	0.73	0.5	0.5	0.1	0.8	0.85	0.1	0.88	0.94		0.94	0.95	0.84	0.51
Other Stockholder Equity	0.81	0.48	0.95	0.95	0.66	0.58	0.97	0.91	-0.32	-0.97	0.76	0.32	0.87	0.75	0.75	-0.09	0.63	0.97	-0.09	0.86	1.0	0.94		0.99	0.69	0.32
Total Liab	0.82	0.5	0.92	0.93	0.67	0.64	0.98	0.88	-0.39	-0.97	0.76	0.39	0.84	0.71	0.71	-0.03	0.65	0.95	-0.03	0.9	0.99	0.95	0.99		0.7	0.39
Total Current Assets	0.96	0.57	0.55	0.5	1.0	0.86	0.83	0.39	-0.82	-0.6	0.15	0.83	0.3	0.11	0.11	0.57	1.0	0.52	0.57	0.83	0.69	0.84	0.69	0.7		0.83
Cash And Equivalents	0.72	0.29	0.07	0.08	0.81	0.92	0.55	-0.07	-1.0	-0.22	-0.1	1.0	-0.12	-0.29	-0.29	0.89	0.85	0.1	0.89	0.68	0.33	0.51	0.32	0.39	0.83

Click cells to compare fundamentals

ESS Tech Account Relationship Matchups

ESS Tech fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	250.2M	173.6M	143.2M	71.8M	82.6M	122.6M
Other Current Liab	6.5M	15.8M	12.9M	12.6M	14.5M	9.5M
Net Debt	(235.2M)	(28.9M)	(17.6M)	(11.6M)	(13.4M)	(14.1M)
Retained Earnings	(540.6M)	(618.6M)	(696.2M)	(782.4M)	(704.1M)	(739.3M)
Accounts Payable	1.6M	3.0M	2.8M	8.1M	9.3M	9.7M
Cash	238.9M	34.8M	20.2M	13.3M	12.0M	11.4M
Other Assets	180K	946K	1.8M	1.7M	2.0M	1.0M
Capital Surpluse	745.8M	755.5M	799.5M	811.3M	933.0M	572.2M
Other Current Assets	6.1M	5.7M	4.4M	3.7M	4.3M	4.1M
Total Liab	45.0M	36.6M	39.9M	42.9M	49.4M	33.1M
Total Current Assets	245.5M	151.6M	118.1M	43.4M	49.9M	47.4M
Cash And Equivalents	238.9M	34.8M	20.2M	13.3M	12.0M	11.4M
Short Term Debt	1.9M	3.0M	1.6M	1.7M	1.5M	1.9M
Net Receivables	517K	5.0M	2.2M	2.4M	2.8M	2.2M
Net Invested Capital	208.6M	138.9M	103.4M	28.9M	26.0M	24.7M
Net Working Capital	231.6M	123.6M	98.3M	15.8M	14.2M	13.5M

Today, most investors in ESS Tech Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ESS Tech's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of ESS Tech growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.007226)

As of now, ESS Tech's Price Earnings To Growth Ratio is increasing as compared to previous years.

ESS Tech January 31, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of ESS Tech help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ESS Tech. We use our internally-developed statistical techniques to arrive at the intrinsic value of ESS Tech based on widely used predictive technical indicators. In general, we focus on analyzing ESS Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ESS Tech's daily price indicators and compare them against related drivers.

	Information Ratio	(0.17)
	Maximum Drawdown	61.03
	Value At Risk	(9.24)
	Potential Upside	6.91

Complementary Tools for ESS Stock analysis

When running ESS Tech's price analysis, check to measure ESS Tech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ESS Tech is operating at the current time. Most of ESS Tech's value examination focuses on studying past and present price action to predict the probability of ESS Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESS Tech's price. Additionally, you may evaluate how the addition of ESS Tech to your portfolios can decrease your overall portfolio volatility.

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ESS Tech Financials

ESS Tech Balance Sheet Chart

Cash And Equivalents

11.41 Million

ESS Tech Stock Summary

ESS Tech Key Financial Ratios

ESS Tech Key Balance Sheet Accounts

ESS Tech Key Income Statement Accounts

ESS Financial Ratios Relationships

ESS Tech fundamental ratios Correlations

ESS Tech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ESS Tech fundamental ratios Accounts

Price Earnings To Growth Ratio

(0.007226)

ESS Tech January 31, 2026 Opportunity Range

Complementary Tools for ESS Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Cash And Equivalents	+ 1.0	Cash
Other Assets	+ 1.0	Non Currrent Assets Other
Long Term Debt Total	+ 1.0	Long Term Debt
Total Current Assets	+ 1.0	Cash And Short Term Investments

Cash And Equivalents	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Total Liab	- 0.97	Retained Earnings
Other Stockholder Equity	- 0.97	Retained Earnings
Capital Surpluse	- 0.97	Retained Earnings
Common Stock Shares Outstanding	- 0.96	Retained Earnings