ESS Retained Earnings vs Property Plant And Equipment Net Analysis

GWH Stock

USD 0.74 0.04 5.13%

ESS Tech financial indicator trend analysis is much more than just examining ESS Tech latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ESS Tech is a good investment. Please check the relationship between ESS Tech Retained Earnings and its Property Plant And Equipment Net accounts. 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 tightly coupled 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.

Retained Earnings vs Property Plant And Equipment Net

Retained Earnings vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESS Tech Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have pay attention.

The correlation between ESS Tech's Retained Earnings and Property Plant And Equipment Net is -0.87. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of ESS Tech, assuming nothing else is changed. The correlation between historical values of ESS Tech's Retained Earnings and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of ESS Tech are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., ESS Tech's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.87

Relationship Direction	Negative
Relationship Strength	Significant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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 tightly coupled 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.The current Selling General Administrative is estimated to decrease to about 18 M. The current Issuance Of Capital Stock is estimated to decrease to about 19.2 M

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	572K	1.5M	3.9M	4.1M
Cost Of Revenue	572K	2.7M	28.2M	29.7M

Reconciled Depreciation Cost Of Revenue

ESS Tech fundamental ratios Correlations

	Total Assets	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	Common Stock
Total Assets		0.8	0.82	0.99	0.86	0.99	0.69	-0.73	-0.9	0.81	0.74	0.66	0.76	0.17	0.61	0.99	0.62	0.61	0.69	0.91	0.95	0.95	0.83	1.0	0.91	0.92
Other Current Liab	0.8		0.95	0.78	0.39	0.83	0.98	-0.2	-0.91	1.0	0.22	0.89	0.79	0.71	0.09	0.73	0.63	0.09	0.4	0.89	0.82	0.92	0.7	0.75	0.89	0.88
Total Current Liabilities	0.82	0.95		0.77	0.46	0.85	0.95	-0.25	-0.93	0.96	0.28	0.88	0.92	0.55	0.07	0.76	0.78	0.07	0.61	0.9	0.85	0.93	0.85	0.78	0.89	0.94
Total Stockholder Equity	0.99	0.78	0.77		0.86	0.96	0.65	-0.76	-0.86	0.78	0.77	0.61	0.67	0.17	0.67	0.99	0.5	0.67	0.59	0.87	0.95	0.92	0.74	0.99	0.88	0.86
Other Liab	0.86	0.39	0.46	0.86		0.82	0.24	-0.94	-0.63	0.4	0.95	0.28	0.5	-0.32	0.87	0.91	0.42	0.87	0.71	0.66	0.76	0.69	0.68	0.9	0.66	0.67
Net Tangible Assets	0.99	0.83	0.85	0.96	0.82		0.74	-0.68	-0.92	0.84	0.69	0.7	0.8	0.26	0.55	0.97	0.7	0.55	0.73	0.92	0.9	0.98	0.86	0.97	0.92	0.96
Property Plant And Equipment Net	0.69	0.98	0.95	0.65	0.24	0.74		-0.03	-0.87	0.98	0.05	0.92	0.81	0.78	-0.1	0.61	0.69	-0.1	0.4	0.84	0.71	0.86	0.69	0.63	0.84	0.85
Net Debt	-0.73	-0.2	-0.25	-0.76	-0.94	-0.68	-0.03		0.39	-0.21	-1.0	0.01	-0.25	0.43	-0.97	-0.8	-0.18	-0.97	-0.54	-0.42	-0.65	-0.51	-0.47	-0.78	-0.43	-0.46
Retained Earnings	-0.9	-0.91	-0.93	-0.86	-0.63	-0.92	-0.87	0.39		-0.93	-0.4	-0.91	-0.9	-0.45	-0.25	-0.85	-0.78	-0.25	-0.67	-1.0	-0.84	-0.97	-0.86	-0.87	-1.0	-0.97
Accounts Payable	0.81	1.0	0.96	0.78	0.4	0.84	0.98	-0.21	-0.93		0.23	0.91	0.83	0.7	0.08	0.74	0.69	0.08	0.46	0.91	0.81	0.93	0.74	0.76	0.91	0.91
Cash	0.74	0.22	0.28	0.77	0.95	0.69	0.05	-1.0	-0.4	0.23		0.0	0.27	-0.42	0.96	0.81	0.21	0.96	0.56	0.44	0.66	0.52	0.49	0.79	0.44	0.49
Non Current Assets Total	0.66	0.89	0.88	0.61	0.28	0.7	0.92	0.01	-0.91	0.91	0.0		0.85	0.67	-0.14	0.58	0.73	-0.14	0.47	0.9	0.63	0.82	0.7	0.6	0.9	0.83
Non Currrent Assets Other	0.76	0.79	0.92	0.67	0.5	0.8	0.81	-0.25	-0.9	0.83	0.27	0.85		0.35	0.03	0.71	0.94	0.03	0.83	0.89	0.72	0.87	0.96	0.73	0.87	0.93
Other Assets	0.17	0.71	0.55	0.17	-0.32	0.26	0.78	0.43	-0.45	0.7	-0.42	0.67	0.35		-0.45	0.07	0.31	-0.45	-0.15	0.41	0.19	0.43	0.15	0.09	0.41	0.39
Long Term Debt	0.61	0.09	0.07	0.67	0.87	0.55	-0.1	-0.97	-0.25	0.08	0.96	-0.14	0.03	-0.45		0.69	-0.03	1.0	0.34	0.29	0.52	0.37	0.26	0.67	0.3	0.3
Cash And Short Term Investments	0.99	0.73	0.76	0.99	0.91	0.97	0.61	-0.8	-0.85	0.74	0.81	0.58	0.71	0.07	0.69		0.57	0.69	0.69	0.87	0.94	0.91	0.8	1.0	0.87	0.88
Common Stock Shares Outstanding	0.62	0.63	0.78	0.5	0.42	0.7	0.69	-0.18	-0.78	0.69	0.21	0.73	0.94	0.31	-0.03	0.57		-0.03	0.88	0.76	0.5	0.76	0.93	0.58	0.74	0.86
Long Term Debt Total	0.61	0.09	0.07	0.67	0.87	0.55	-0.1	-0.97	-0.25	0.08	0.96	-0.14	0.03	-0.45	1.0	0.69	-0.03		0.34	0.29	0.52	0.37	0.26	0.67	0.3	0.3
Non Current Liabilities Total	0.69	0.4	0.61	0.59	0.71	0.73	0.4	-0.54	-0.67	0.46	0.56	0.47	0.83	-0.15	0.34	0.69	0.88	0.34		0.68	0.55	0.68	0.93	0.69	0.66	0.78
Capital Surpluse	0.91	0.89	0.9	0.87	0.66	0.92	0.84	-0.42	-1.0	0.91	0.44	0.9	0.89	0.41	0.29	0.87	0.76	0.29	0.68		0.84	0.97	0.86	0.88	1.0	0.96
Other Current Assets	0.95	0.82	0.85	0.95	0.76	0.9	0.71	-0.65	-0.84	0.81	0.66	0.63	0.72	0.19	0.52	0.94	0.5	0.52	0.55	0.84		0.89	0.75	0.94	0.84	0.85
Other Stockholder Equity	0.95	0.92	0.93	0.92	0.69	0.98	0.86	-0.51	-0.97	0.93	0.52	0.82	0.87	0.43	0.37	0.91	0.76	0.37	0.68	0.97	0.89		0.87	0.92	0.96	0.99
Total Liab	0.83	0.7	0.85	0.74	0.68	0.86	0.69	-0.47	-0.86	0.74	0.49	0.7	0.96	0.15	0.26	0.8	0.93	0.26	0.93	0.86	0.75	0.87		0.81	0.84	0.94
Total Current Assets	1.0	0.75	0.78	0.99	0.9	0.97	0.63	-0.78	-0.87	0.76	0.79	0.6	0.73	0.09	0.67	1.0	0.58	0.67	0.69	0.88	0.94	0.92	0.81		0.88	0.89
Cash And Equivalents	0.91	0.89	0.89	0.88	0.66	0.92	0.84	-0.43	-1.0	0.91	0.44	0.9	0.87	0.41	0.3	0.87	0.74	0.3	0.66	1.0	0.84	0.96	0.84	0.88		0.95
Common Stock	0.92	0.88	0.94	0.86	0.67	0.96	0.85	-0.46	-0.97	0.91	0.49	0.83	0.93	0.39	0.3	0.88	0.86	0.3	0.78	0.96	0.85	0.99	0.94	0.89	0.95

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ESS Tech Account Relationship Matchups

Currently Active Assets on Macroaxis

C	Citigroup
CRM	Salesforce
MSFT	Microsoft
V	Visa Class A
GOOG	Alphabet Inc Class C

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:

How To Invest In ESS

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Is ESS Stock a good investment?

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What is ESS Tech's Net Worth?

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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 tightly coupled 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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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Is ESS Tech's industry 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

(0.44)

Revenue Per Share

0.06

Quarterly Revenue Growth

6.36

Return On Assets

(0.37)

Return On Equity

(0.72)

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.

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ESS Retained Earnings vs Property Plant And Equipment Net Analysis

Retained Earnings vs Property Plant And Equipment Net

Retained Earnings vs Property Plant And Equipment Net Correlation Analysis

Correlation Coefficient

Retained Earnings

Property Plant And Equipment Net

ESS Tech fundamental ratios Correlations

ESS Tech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Complementary Tools for ESS Stock analysis

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Total Current Assets	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Other Current Liab
Long Term Debt Total	+ 1.0	Long Term Debt
Total Current Assets	+ 1.0	Cash And Short Term Investments
Cash And Equivalents	+ 1.0	Capital Surpluse
Total Stockholder Equity	+ 0.99	Total Assets

Cash And Equivalents	- 1.0	Retained Earnings
Capital Surpluse	- 1.0	Retained Earnings
Cash	- 1.0	Net Debt
Common Stock	- 0.97	Retained Earnings
Other Stockholder Equity	- 0.97	Retained Earnings
Long Term Debt Total	- 0.97	Net Debt