ESS Tech, Inc. cash flow to debt ratio of -422.98% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.

ESS Tech, Inc.'s free cash flow has increased -32.50% from $-79.51M last year to $-53.67M, signaling increasing performance

ESS Tech, Inc.'s debt to equity ratio is 1.32, which means that the company's assets are unhealthy financed, signaling financial risk.

ESS Tech, Inc.'s debt has increased relative to shareholder equity from 0.06 last year to 1.32 today, signaling weakened financials

ESS Tech, Inc. has a net cash position, so leverage is healthy.

ESS Tech, Inc.'s interest coverage ratio is -16.02, which means that the company struggles to meet interest obligations, signaling financial risk.

ESS Tech, Inc.'s profit margin has decreased (302.71%) in the last year from -1.37K% to -5.52K%, signaling decreasing performance

ESS Tech, Inc.'s short-term assets of $26.25M exceed its short-term liabilities of $25.29M

ESS Tech, Inc.'s return on assets of 0.00% is lower than the 5.00% threshold, indicating inefficient asset utilization

ESS Tech, Inc.'s return on equity of -1.25K%, is lower than 15.00%, indicating bad performance

ESS Tech, Inc.'s operating cash flow is lower than its net income, indicating that earnings may not be fully backed by cash generation

ESS Tech, Inc. had positive net income in only 0 out of 5 years, indicating unstable earnings

ESS Tech, Inc. has negative free cash flow, indicating the company is burning cash rather than generating it

ESS Tech, Inc. has negative free cash flow, indicating cash burn

ESS Tech, Inc.'s yearly earnings has increased -26.42% since last year from $-86.22M to $-63.44M, signaling increasing performance

ESS Tech, Inc.'s yearly revenue has decreased 74.85% since last year from $6.29M to $1.58M, signaling decreasing performance

ROIC -140.81% (Source: FMP key-metrics). Below the 5% partial-credit threshold. Score: 0 of 2. The 5% and 10% cutoffs anchor to typical US weighted-average cost of capital. Below 5% indicates the company is not generating returns above its likely cost of capital under this definition of invested capital. Invested capital here includes equity, non-current liabilities (pension obligations, deferred taxes, lease obligations), and short-term debt. Cash is not subtracted. Companies with substantial float, lease portfolios, or cash holdings will score lower under this definition than under narrower operating-capital definitions. See methodology.

ESS Tech, Inc.'s 3-year revenue CAGR of 20.98% is positive, indicating growing revenue over the past 3 years

ESS Tech, Inc. had revenue growth in 3 out of 5 years, indicating consistent revenue performance

ESS Tech, Inc. had positive ROE in only 0 out of 5 years, indicating inconsistent returns on equity

ESS Tech, Inc. has insufficient data to evaluate this check.

ESS Tech, Inc. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

ESS Tech, Inc. is overvalued relative to its fair value price of 0.00 based on EBITDA multiple model

ESS Tech, Inc. has negative or missing EBITDA, making EV/EBITDA ratio unreliable

ESS Tech, Inc. has insufficient data to evaluate this check.

ESS Tech, Inc. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

ESS Tech, Inc. has a price-to-book ratio of 1.80x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value

ESS Tech, Inc. has a price-to-sales ratio of 15.31x, which exceeds the 8.00x threshold, indicating the stock may be overvalued relative to its revenue