ESS Other Assets from 2010 to 2025

GWH Stock  USD 4.16  0.14  3.26%   
ESS Tech's Other Assets are increasing with slightly volatile movements from year to year. Other Assets are predicted to flatten to about 544.8 K. For the period between 2010 and 2025, ESS Tech, Other Assets quarterly trend regression had mean deviation of  154,034 and range of 907.9 K. View All Fundamentals
 
Other Assets  
First Reported
2010-12-31
Previous Quarter
1.1 M
Current Value
544.8 K
Quarterly Volatility
227.7 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ESS Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ESS Tech's main balance sheet or income statement drivers, such as Interest Income of 5.7 M, Depreciation And Amortization of 7.9 M or Interest Expense of 2.6 M, as well as many indicators such as Price To Sales Ratio of 428, Dividend Yield of 0.0 or PTB Ratio of 17.52. ESS financial statements analysis is a perfect complement when working with ESS Tech Valuation or Volatility modules.
  
Check out the analysis of ESS Tech Correlation against competitors.
For more detail on how to invest in ESS Stock please use our How to Invest in ESS Tech guide.

Latest ESS Tech's Other Assets Growth Pattern

Below is the plot of the Other Assets of ESS Tech over the last few years. It is ESS Tech's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ESS Tech's overall financial position and show how it may be relating to other accounts over time.
Other Assets10 Years Trend
Slightly volatile
   Other Assets   
       Timeline  

ESS Other Assets Regression Statistics

Arithmetic Mean582,542
Geometric Mean540,726
Coefficient Of Variation39.08
Mean Deviation154,034
Median529,000
Standard Deviation227,675
Sample Variance51.8B
Range907.9K
R-Value0.38
Mean Square Error47.5B
R-Squared0.15
Significance0.15
Slope18,212
Total Sum of Squares777.5B

ESS Other Assets History

2025544.8 K
20241.1 M
2022946 K
2021180 K
2020326 K

About ESS Tech Financial Statements

Investors use fundamental indicators, such as ESS Tech's Other Assets, to determine how well the company is positioned to perform in the future. Although ESS Tech's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Other Assets1.1 M544.8 K

Currently Active Assets on Macroaxis

When determining whether ESS Tech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESS Tech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ess Tech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ess Tech Stock:
Check out the analysis of ESS Tech Correlation against competitors.
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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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
0.534
Quarterly Revenue Growth
(0.77)
Return On Assets
(0.42)
Return On Equity
(0.95)
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.