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Ess Tech Inc   (GWH)
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Ess Tech Inc 's Tangible Leverage Ratio

GWH's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth


In Spite of the repayements of liabilities of -5.51%, in IV Quarter 2023 ,Tangible Leverage Ratio deteriorated to 0.41, below the Ess Tech Inc 's average Tangible Leverage Ratio.

Within Industrial Machinery and Components industry in the forth quarter 2023, 12 other companies have achieved lower Tangible Leverage Ratio than Ess Tech Inc in the IV Quarter 2023. While Tangible Leverage Ratio total ranking has improved so far in the forth quarter 2023 to 421, from total ranking in the third quarter 2023 at 683 .

Explain Tangible Leverage Ratio?
What is GWH Market Share?
What are GWH´s Total Liabilities?


GWH Tangible Leverage Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Tangible Equity Change -28.14 % -29.57 % -47.93 % -41.22 % -33.24 %
Y / Y Total Liabilities Change 9.01 % 25.59 % 4.05 % -16.15 % 520.72 %
Tangible Leverage Ratio MRQ 0.41 0.38 0.31 0.26 0.27
GWH's Total Ranking # 421 # 683 # 645 # 607 # 339
Seq. Tangible Equity Change -11.69 % 14.56 % -17.01 % -14.41 % -13.45 %
Seq. Total Liabilities Change -5.51 % 38.56 % 0.8 % -17.4 % 8.86 %



Tangible Leverage Ratio forth quarter 2023 Company Ranking
Within: No.
Industrial Machinery and Components Industry # 13
Capital Goods Sector # 26
Overall Market # 421


Tangible Leverage Ratio Statistics
High Average Low
49.43 5.16 0.03
(Sep 30 2020)   (Dec 31 2021)




Financial Statements
Ess Tech Inc 's Tangible Equity $ 98 Millions Visit GWH's Balance sheet
Ess Tech Inc 's Total Liabilities $ 40 Millions Visit GWH's Balance sheet
Source of GWH's Sales Visit GWH's Sales by Geography


Cumulative Ess Tech Inc 's Tangible Leverage Ratio

GWH's Tangible Leverage Ratio for the trailling 12 Months

GWH Tangible Leverage Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Tangible Equity TTM Growth -28.14 % -29.57 % -47.93 % -41.22 % -33.24 %
Y / Y Total Liabilities TTM Growth 9.01 % 25.59 % 4.05 % -16.15 % 520.72 %
Tangible Leverage Ratio TTM 0.34 0.3 0.26 0.22 0.2
Total Ranking TTM # 5 # 731 # 11 # 4 # 2
Seq. Tangible Equity TTM Growth -11.69 % 14.56 % -17.01 % -14.41 % -13.45 %
Seq. Total Liabilities TTM Growth -5.51 % 38.56 % 0.8 % -17.4 % 8.86 %


On the trailing twelve months basis Despite of the repayements of liabilities of -5.51% in the trailing twelve months ending in IV Quarter 2023, Tangible Leverage Ratio improved to 0.34, above Ess Tech Inc 's average Tangible Leverage Ratio.
Tangible Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Industrial Machinery and Components industry GWH recorded the lowest Tangible Leverage Ratio. While Tangible Leverage Ratio total ranking has improved so far to 5, from total ranking in previous 12 month period at 731.

Explain Tangible Leverage Ratio?
What is GWH Market Share?
What are GWH´s Total Liabilities?

TTM Tangible Leverage Ratio Company Ranking
Within: No.
Within the Industrial Machinery and Components Industry # 0
Capital Goods Sector # 0
Within the Market # 5


trailing twelve months Tangible Leverage Ratio Statistics
High Average Low
0.03 0.02 0.01
(Dec 31 2021)   (Dec 31 2023)




Companies with similar Tangible Leverage Ratio in the quarter ending Dec 31 2023, within Industrial Machinery and Components Industry Tangible Leverage RatioDec 31 2023 MRQ Total LiabilitiesDec 31 2023 MRQ Tangible Equity
Liqtech International Inc  1.10 $ 18.696  Millions$ 16.928  Millions
Arts Way Manufacturing Co Inc  1.10 $ 12.761  Millions$ 11.641  Millions
Standex International Corp  1.08 $ 279.201  Millions$ 257.508  Millions
Ouster Inc   0.97 $ 151.071  Millions$ 155.236  Millions
Twin Disc Inc  0.94 $ 126.744  Millions$ 134.764  Millions
Greystone Logistics Inc   0.85 $ 18.653  Millions$ 21.957  Millions
Lindsay Corporation  0.83 $ 297.058  Millions$ 355.826  Millions
Amprius Technologies Inc   0.80 $ 47.936  Millions$ 59.800  Millions
Acm Research Inc   0.78 $ 723.518  Millions$ 923.624  Millions
Alamo Group Inc   0.78 $ 436.829  Millions$ 557.931  Millions
Sci Engineered Materials inc   0.59 $ 6.506  Millions$ 10.980  Millions
Energy Vault Holdings Inc   0.49 $ 109.813  Millions$ 222.007  Millions
Axcelis Technologies Inc  0.48 $ 417.085  Millions$ 864.882  Millions
Trio tech International  0.48 $ 15.161  Millions$ 31.528  Millions
Hyzon Motors Inc   0.46 $ 60.449  Millions$ 130.000  Millions
Ess Tech Inc   0.41 $ 39.875  Millions$ 98.434  Millions
Cricut Inc   0.40 $ 215.249  Millions$ 534.873  Millions
Intevac Inc   0.28 $ 32.510  Millions$ 114.563  Millions
Aaon Inc   0.28 $ 165.077  Millions$ 585.279  Millions
Sono Tek Corp  0.22 $ 3.473  Millions$ 16.015  Millions
Byrna Technologies Inc   0.21 $ 7.507  Millions$ 36.478  Millions
Azenta Inc   0.18 $ 248.306  Millions$ 1,353.269  Millions
Fuel Tech Inc   0.16 $ 6.674  Millions$ 41.240  Millions
Energy Recovery Inc   0.16 $ 33.166  Millions$ 207.018  Millions
Taylor Devices Inc  0.13 $ 7.207  Millions$ 54.228  Millions
Ses Ai Corporation  0.09 $ 32.335  Millions$ 357.605  Millions
Richtech Robotics Inc   0.08 $ 0.964  Millions$ 11.347  Millions

Date modified: 2024-03-14T16:25:48+00:00



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