ESS Total Current Liabilities vs Selling General Administrative Analysis

GWH Stock

USD 0.77 0.07 9.64%

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 Total Current Liabilities and its Selling General Administrative 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.

Total Current Liabilities vs Selling General Administrative

Total Current Liabilities vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESS Tech Total Current Liabilities account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.

The correlation between ESS Tech's Total Current Liabilities and Selling General Administrative is 0.93. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Selling General Administrative 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 Total Current Liabilities and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of ESS Tech are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Current Liabilities i.e., ESS Tech's Total Current Liabilities and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on ESS Tech balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ESS Tech are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Selling General Administrative

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	20.5M	21.5M

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	0.73	0.17	0.61	0.99	0.62	0.61	0.69	0.91	0.97	0.95	0.83	1.0	0.91	0.42
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	0.92	0.92	0.7	0.75	0.89	0.56
Total Current Liabilities	0.82	0.95		0.77	0.46	0.85	0.95	-0.25	-0.93	0.96	0.27	0.88	0.89	0.55	0.07	0.76	0.78	0.07	0.61	0.9	0.92	0.93	0.85	0.78	0.89	0.53
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	0.64	0.17	0.67	0.99	0.5	0.67	0.59	0.87	0.95	0.92	0.74	0.99	0.88	0.37
Other Liab	0.86	0.39	0.46	0.86		0.82	0.24	-0.94	-0.63	0.4	0.94	0.28	0.47	-0.32	0.87	0.91	0.42	0.87	0.71	0.66	0.71	0.69	0.68	0.9	0.66	0.22
Net Tangible Assets	0.99	0.83	0.85	0.96	0.82		0.74	-0.67	-0.92	0.84	0.69	0.7	0.78	0.26	0.55	0.97	0.7	0.55	0.73	0.92	0.97	0.98	0.86	0.97	0.92	0.49
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	0.82	0.78	-0.1	0.6	0.69	-0.1	0.4	0.84	0.85	0.86	0.69	0.63	0.84	0.6
Net Debt	-0.73	-0.2	-0.25	-0.76	-0.94	-0.67	-0.03		0.38	-0.2	-1.0	0.02	-0.17	0.44	-0.97	-0.8	-0.17	-0.97	-0.53	-0.41	-0.55	-0.5	-0.46	-0.78	-0.42	0.09
Retained Earnings	-0.9	-0.91	-0.93	-0.86	-0.63	-0.92	-0.87	0.38		-0.93	-0.4	-0.91	-0.92	-0.45	-0.25	-0.85	-0.78	-0.25	-0.67	-1.0	-0.95	-0.97	-0.86	-0.87	-1.0	-0.73
Accounts Payable	0.81	1.0	0.96	0.78	0.4	0.84	0.98	-0.2	-0.93		0.22	0.91	0.83	0.7	0.08	0.73	0.69	0.08	0.46	0.91	0.93	0.93	0.74	0.76	0.91	0.61
Cash	0.74	0.22	0.27	0.77	0.94	0.69	0.05	-1.0	-0.4	0.22		0.0	0.2	-0.43	0.96	0.81	0.2	0.96	0.55	0.43	0.56	0.52	0.49	0.79	0.43	-0.09
Non Current Assets Total	0.66	0.89	0.88	0.61	0.28	0.7	0.92	0.02	-0.91	0.91	0.0		0.9	0.67	-0.14	0.58	0.73	-0.14	0.47	0.9	0.79	0.82	0.7	0.6	0.9	0.84
Non Currrent Assets Other	0.73	0.79	0.89	0.64	0.47	0.78	0.82	-0.17	-0.92	0.83	0.2	0.9		0.4	-0.01	0.67	0.94	-0.01	0.79	0.91	0.8	0.86	0.92	0.69	0.9	0.78
Other Assets	0.17	0.71	0.55	0.17	-0.32	0.26	0.78	0.44	-0.45	0.7	-0.43	0.67	0.4		-0.45	0.07	0.31	-0.45	-0.15	0.41	0.4	0.43	0.15	0.09	0.41	0.48
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	-0.01	-0.45		0.69	-0.03	1.0	0.34	0.29	0.43	0.37	0.26	0.67	0.3	-0.15
Cash And Short Term Investments	0.99	0.73	0.76	0.99	0.91	0.97	0.6	-0.8	-0.85	0.73	0.81	0.58	0.67	0.07	0.69		0.56	0.69	0.69	0.87	0.94	0.91	0.8	1.0	0.87	0.36
Common Stock Shares Outstanding	0.62	0.63	0.78	0.5	0.42	0.7	0.69	-0.17	-0.78	0.69	0.2	0.73	0.94	0.31	-0.03	0.56		-0.03	0.88	0.76	0.67	0.76	0.93	0.58	0.74	0.66
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	-0.01	-0.45	1.0	0.69	-0.03		0.34	0.29	0.43	0.37	0.26	0.67	0.3	-0.15
Non Current Liabilities Total	0.69	0.4	0.61	0.59	0.71	0.73	0.4	-0.53	-0.67	0.46	0.55	0.47	0.79	-0.15	0.34	0.69	0.88	0.34		0.68	0.62	0.68	0.93	0.69	0.66	0.45
Capital Surpluse	0.91	0.89	0.9	0.87	0.66	0.92	0.84	-0.41	-1.0	0.91	0.43	0.9	0.91	0.41	0.29	0.87	0.76	0.29	0.68		0.95	0.97	0.86	0.88	1.0	0.73
Other Current Assets	0.97	0.92	0.92	0.95	0.71	0.97	0.85	-0.55	-0.95	0.93	0.56	0.79	0.8	0.4	0.43	0.94	0.67	0.43	0.62	0.95		0.99	0.83	0.95	0.95	0.51
Other Stockholder Equity	0.95	0.92	0.93	0.92	0.69	0.98	0.86	-0.5	-0.97	0.93	0.52	0.82	0.86	0.43	0.37	0.91	0.76	0.37	0.68	0.97	0.99		0.87	0.92	0.96	0.59
Total Liab	0.83	0.7	0.85	0.74	0.68	0.86	0.69	-0.46	-0.86	0.74	0.49	0.7	0.92	0.15	0.26	0.8	0.93	0.26	0.93	0.86	0.83	0.87		0.81	0.84	0.54
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	0.69	0.09	0.67	1.0	0.58	0.67	0.69	0.88	0.95	0.92	0.81		0.88	0.38
Cash And Equivalents	0.91	0.89	0.89	0.88	0.66	0.92	0.84	-0.42	-1.0	0.91	0.43	0.9	0.9	0.41	0.3	0.87	0.74	0.3	0.66	1.0	0.95	0.96	0.84	0.88		0.73
Common Stock	0.42	0.56	0.53	0.37	0.22	0.49	0.6	0.09	-0.73	0.61	-0.09	0.84	0.78	0.48	-0.15	0.36	0.66	-0.15	0.45	0.73	0.51	0.59	0.54	0.38	0.73

Click cells to compare fundamentals

ESS Tech Account Relationship Matchups

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ESS Tech in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ESS Tech's short interest history, or implied volatility extrapolated from ESS Tech options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

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

Details

Is ESS Stock a good investment?

Details

What is ESS Tech's Net Worth?

Details

Largest Electrical Components & Equipment Companies

View

Largest Electrical Equipment & Parts Companies

View

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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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.

	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	Technical Analysis Check basic technical indicators and analysis based on most latest market data
	Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
	Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Commodity Directory Find actively traded commodities issued by global exchanges

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

(0.48)

Revenue Per Share

0.047

Quarterly Revenue Growth

173.75

Return On Assets

(0.34)

Return On Equity

(0.65)

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

ESS Total Current Liabilities vs Selling General Administrative Analysis

Total Current Liabilities vs Selling General Administrative

Total Current Liabilities vs Selling General Administrative Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Selling General Administrative

ESS Tech fundamental ratios Correlations

ESS Tech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for ESS Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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
Other Stockholder Equity	- 0.97	Retained Earnings
Long Term Debt Total	- 0.97	Net Debt
Long Term Debt	- 0.97	Net Debt