ESS Tech Net Income vs. Total Debt
| GWH Stock | USD 6.26 0.17 2.79% |
Net Loss | First Reported 2010-12-31 | Previous Quarter -77.6 M | Current Value -81.5 M | Quarterly Volatility 81.6 M |
For ESS Tech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ESS Tech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ESS Tech utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ESS Tech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ESS Tech over time as well as its relative position and ranking within its peers.
ESS |
ESS Tech's Revenue Breakdown by Earning Segment
Check out Risk vs Return Analysis.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ESS Tech. If investors know ESS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ESS Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (6.62) | Revenue Per Share 0.654 | Quarterly Revenue Growth (0.88) | Return On Assets (0.42) | Return On Equity (0.88) |
The market value of ESS Tech is measured differently than its book value, which is the value of ESS that is recorded on the company's balance sheet. Investors also form their own opinion of ESS Tech's value that differs from its market value or its book value, called intrinsic value, which is ESS Tech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ESS Tech's market value can be influenced by many factors that don't directly affect ESS Tech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ESS Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESS Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESS Tech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
ESS Tech Total Debt vs. Net Income Fundamental Analysis
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. ESS Tech is rated # 3 in net income category among its peers. It is rated below average in total debt category among its peers . The last year's value of Net Loss was reported at (77.58 Million). 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.ESS Total Debt vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
ESS Tech |
| = | (77.58 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
ESS Tech |
| = | 2.54 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
ESS Total Debt vs Competition
ESS Tech is rated below average in total debt category among its peers. Total debt of Industrials industry is currently estimated at about 803.35 Million. ESS Tech adds roughly 2.54 Million in total debt claiming only tiny portion of equities under Industrials industry.
ESS Tech Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ESS Tech, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ESS Tech will eventually generate negative long term returns. The profitability progress is the general direction of ESS Tech's change in net profit over the period of time. It can combine multiple indicators of ESS Tech, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Interest Income | 5.3 M | 5 M | |
| Operating Income | -85.9 M | -90.2 M | |
| Income Before Tax | -77.6 M | -81.5 M | |
| Total Other Income Expense Net | 8.3 M | 8.7 M | |
| Net Loss | -70.2 M | -73.7 M | |
| Net Loss | -77.6 M | -81.5 M | |
| Net Interest Income | 4.9 M | 5.2 M | |
| Net Loss | -86.5 M | -90.8 M | |
| Income Tax Expense | 7.6 M | 8 M | |
| Non Operating Income Net Other | 29.1 M | 30.6 M | |
| Change To Netincome | -15.5 M | -14.7 M | |
| Net Loss | (0.48) | (0.51) | |
| Income Quality | 0.71 | 0.48 | |
| Net Income Per E B T | 0.78 | 0.92 |
ESS Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ESS Tech. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ESS Tech position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ESS Tech's important profitability drivers and their relationship over time.
Use ESS Tech in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ESS Tech position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ESS Tech will appreciate offsetting losses from the drop in the long position's value.ESS Tech Pair Trading
ESS Tech Pair Trading Analysis
The ability to find closely correlated positions to ESS Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ESS Tech when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ESS Tech - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ESS Tech to buy it.
The correlation of ESS Tech is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ESS Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ESS Tech moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ESS Tech can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your ESS Tech position
In addition to having ESS Tech in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Risk vs Return Analysis. For more detail on how to invest in ESS Stock please use our How to Invest in ESS Tech guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
To fully project ESS Tech's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ESS Tech at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include ESS Tech's income statement, its balance sheet, and the statement of cash flows.