ESS Retained Earnings from 2010 to 2024

GWH Stock  USD 6.26  0.17  2.79%   
ESS Tech's Retained Earnings are decreasing with slightly volatile movements from year to year. Retained Earnings are estimated to finish at about -661.3 M this year. Retained Earnings is the cumulative amount of net income that ESS Tech retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
2010-12-31
Previous Quarter
-696.2 M
Current Value
-661.3 M
Quarterly Volatility
273.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ESS Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ESS Tech's main balance sheet or income statement drivers, such as Interest Income of 5 M, Depreciation And Amortization of 6.8 M or Interest Expense of 2.6 M, as well as many indicators such as Price To Sales Ratio of 428, Dividend Yield of 0.0 or PTB Ratio of 17.52. ESS financial statements analysis is a perfect complement when working with ESS Tech Valuation or Volatility modules.
  
Check out the analysis of ESS Tech Correlation against competitors.
For more detail on how to invest in ESS Stock please use our How to Invest in ESS Tech guide.

Latest ESS Tech's Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of ESS Tech over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. ESS Tech's Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ESS Tech's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (696.16 M)10 Years Trend
Slightly volatile
   Retained Earnings   
       Timeline  

ESS Retained Earnings Regression Statistics

Arithmetic Mean(194,081,476)
Coefficient Of Variation(140.92)
Mean Deviation232,088,433
Median(33,073,999)
Standard Deviation273,494,626
Sample Variance74799.3T
Range663.1M
R-Value(0.78)
Mean Square Error31027.9T
R-Squared0.61
Significance0.0005
Slope(47,951,879)
Total Sum of Squares1047190.3T

ESS Retained Earnings History

2024-661.3 M
2023-696.2 M
2022-618.6 M
2021-540.9 M
2020-63.5 M

Other Fundumenentals of ESS Tech

ESS Tech Retained Earnings component correlations

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0.990.96-0.76-0.860.780.670.670.870.740.990.880.10.860.620.770.98-0.910.90.970.35
0.990.96-0.68-0.920.840.550.550.920.860.970.920.320.960.710.730.98-0.960.960.970.51
-0.73-0.76-0.680.38-0.21-0.97-0.97-0.42-0.47-0.78-0.420.2-0.460.0-0.32-0.690.47-0.45-0.770.09
-0.9-0.86-0.920.38-0.93-0.25-0.25-1.0-0.86-0.87-1.0-0.47-0.97-0.92-0.79-0.920.99-0.99-0.88-0.69
0.810.780.84-0.21-0.930.080.080.910.740.760.910.450.910.910.830.82-0.940.930.740.63
0.610.670.55-0.97-0.250.081.00.290.260.670.3-0.430.3-0.120.170.57-0.340.330.65-0.14
0.610.670.55-0.97-0.250.081.00.290.260.670.3-0.430.3-0.120.170.57-0.340.330.65-0.14
0.910.870.92-0.42-1.00.910.290.290.860.881.00.440.960.910.780.93-0.980.990.90.68
0.830.740.86-0.47-0.860.740.260.260.860.810.840.720.940.710.670.86-0.860.860.840.52
1.00.990.97-0.78-0.870.760.670.670.880.810.880.20.890.610.760.99-0.910.90.990.35
0.910.880.92-0.42-1.00.910.30.31.00.840.880.40.950.910.770.93-0.980.990.90.69
0.240.10.320.2-0.470.45-0.43-0.430.440.720.20.40.560.540.370.3-0.420.420.240.42
0.920.860.96-0.46-0.970.910.30.30.960.940.890.950.560.840.760.93-0.980.980.890.63
0.670.620.710.0-0.920.91-0.12-0.120.910.710.610.910.540.840.720.71-0.870.880.630.79
0.780.770.73-0.32-0.790.830.170.170.780.670.760.770.370.760.720.8-0.810.770.750.17
1.00.980.98-0.69-0.920.820.570.570.930.860.990.930.30.930.710.8-0.950.940.990.43
-0.94-0.91-0.960.470.99-0.94-0.34-0.34-0.98-0.86-0.91-0.98-0.42-0.98-0.87-0.81-0.95-1.0-0.91-0.63
0.930.90.96-0.45-0.990.930.330.330.990.860.90.990.420.980.880.770.94-1.00.90.68
0.990.970.97-0.77-0.880.740.650.650.90.840.990.90.240.890.630.750.99-0.910.90.38
0.40.350.510.09-0.690.63-0.14-0.140.680.520.350.690.420.630.790.170.43-0.630.680.38
Click cells to compare fundamentals

About ESS Tech Financial Statements

Investors use fundamental indicators, such as ESS Tech's Retained Earnings, to determine how well the company is positioned to perform in the future. Although ESS Tech's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Retained Earnings-696.2 M-661.3 M
Retained Earnings Total Equity-556.7 M-528.9 M

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 the analysis of ESS Tech Correlation against competitors.
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.