Hugh McDermott - ESS Tech Senior Development

GWH Stock  USD 6.09  0.12  2.01%   

Executive

Hugh McDermott is Senior Development of ESS Tech
Address Building 83, Wilsonville, OR, United States, 97070
Phone855 423 9920
Webhttps://essinc.com

ESS Tech Management Efficiency

The company has Return on Asset of (0.4176) % which means that on every $100 spent on assets, it lost $0.4176. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.8777) %, meaning that it generated no profit with money invested by stockholders. ESS Tech's management efficiency ratios could be used to measure how well ESS Tech manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.59. The current Return On Capital Employed is estimated to decrease to -0.73. As of now, ESS Tech's Intangibles To Total Assets are increasing as compared to previous years. The ESS Tech's current Fixed Asset Turnover is estimated to increase to 0.43, while Total Assets are projected to decrease to under 131.4 M.
ESS Tech has 2.54 M in debt with debt to equity (D/E) ratio of 0.04, which may show that the company is not taking advantage of profits from borrowing. ESS Tech has a current ratio of 8.88, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for ESS to invest in growth at high rates of return.

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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. ESS Tech (GWH) is traded on New York Stock Exchange in USA. It is located in Building 83, Wilsonville, OR, United States, 97070 and employs 231 people. ESS Tech is listed under Electrical Components & Equipment category by Fama And French industry classification.

Management Performance

ESS Tech Leadership Team

Elected by the shareholders, the ESS Tech's board of directors comprises two types of representatives: ESS Tech inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ESS. The board's role is to monitor ESS Tech's management team and ensure that shareholders' interests are well served. ESS Tech's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ESS Tech's outside directors are responsible for providing unbiased perspectives on the board's policies.
Vince Canino, Chief Officer
Julia Song, CoFounder CTO
Benjamin Heng, Executive Engineering
Jeff Loebbaka, Chief Officer
Chris Montgomery, Senior Chain
Brian Lisiecki, Chief Officer
Eric Dresselhuys, CEO Director
William Sproull, VP Sales
Kelly JD, Corporate Legal
Erik Bylin, Head Relations
Hugh McDermott, Senior Development
Craig Evans, Pres CoFounder
Anthony Rabb, Chief Officer
Amir Moftakhar, Ex Officer

ESS Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ESS Tech a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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 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 housing.
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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.