ESS Historical Income Statement
| GWH Stock | USD 0.67 0.01 1.52% |
Historical analysis of ESS Tech income statement accounts such as Selling General Administrative of 18 M or Selling And Marketing Expenses of 4.5 M can show how well ESS Tech performed in making a profits. Evaluating ESS Tech income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ESS Tech's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining ESS Tech latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ESS Tech is a good buy for the upcoming year.
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About ESS Income Statement Analysis
ESS Tech Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to ESS Tech shareholders. The income statement also shows ESS investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
ESS Tech Income Statement Chart
ESS Tech Income Statement is one of the three primary financial statements used for reporting ESS's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ESS Tech revenue and expense. ESS Tech Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, ESS Tech's Net Interest Income is increasing as compared to previous years. The ESS Tech's current Cost Of Revenue is estimated to increase to about 21.5 M, while Interest Income is projected to decrease to under 5 M. Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ESS Tech. It is also known as ESS Tech overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from ESS Tech's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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.As of now, ESS Tech's Net Interest Income is increasing as compared to previous years. The ESS Tech's current Cost Of Revenue is estimated to increase to about 21.5 M, while Interest Income is projected to decrease to under 5 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 |
ESS Tech income statement Correlations
Click cells to compare fundamentals
ESS Tech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.
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Try AI Portfolio ArchitectCheck 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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 (0.48) | 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.