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ESS Tech (ESS Tech) Total Current Liabilities : $19.89 Mil (As of Mar. 2024)


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What is ESS Tech Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. ESS Tech's total current liabilities for the quarter that ended in Mar. 2024 was $19.89

ESS Tech Total Current Liabilities Historical Data

The historical data trend for ESS Tech's Total Current Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ESS Tech Total Current Liabilities Chart

ESS Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
8.39 13.62 27.99 19.77

ESS Tech Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.02 22.71 18.64 19.77 19.89

ESS Tech Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

ESS Tech's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=14.959+1.581
+Other Current Liabilities+Current Deferred Liabilities
=0.68+2.546
=19.77

ESS Tech's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=12.43+1.548
+Other Current Liabilities+Current Deferred Liabilities
=0.354+5.555
=19.89

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

ESS Tech Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of ESS Tech's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

ESS Tech (ESS Tech) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ESS Tech Inc (NYSE:GWH) » Definitions » Total Current Liabilities
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EOSE SLDP SKYX AMPX ULBI ADSE CBAT NEOV PPSI LTBR SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 XPAR:LR SZSE:300124 SZSE:300274 VRT HUBB XKRX:247540
Traded in Other Exchanges
GWHWS:USA
Address
26440 SW Parkway Avenue, Building 83, Wilsonville, OR, USA, 97070
Website
https://www.essinc.com
ESS Tech Inc is a long-duration energy storage company specializing in iron flow battery technology. The company design and produce long-duration batteries predominantly using earth-abundant materials.
Executives
Harry Quarls director 14701 ST. MARY'S LANE, SUITE 275, HOUSTON TX 77079
Kyle Teamey director C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Honeywell International Inc 10 percent owner 855 S. MINT STREET, CHARLOTTE NC 28202
Sandeep Nijhawan director ESS TECH, INC., 26440 SW PARKWAY AVE., BLDG 83, WILSONVILLE OR 97070
Michael R Niggli director 101 ASH STREET HQ18, SAN DIEGO CA 92101
Rich Hossfeld director C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Craig E Evans director, officer: President C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Eric P. Dresselhuys director, officer: Chief Executive Officer 555 BROADWAY STREET, REDWOOD CITY CA 94063
Anthony Rabb officer: Chief Financial Officer C/O ESS TECH, INC., 26440 SW PARKWAY AVE., BLDG 83, WILSONVILLE OR 97070
Amir Moftakhar officer: Chief Financial Officer C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Claudia Gast director C/O GLOBAL TECHNOLOGY ACQUISITION CORP I, 19 WEST 24TH STREET, 10TH FLOOR, NEW YORK NY 10010
Jeff Bodner officer: Chief Accounting Officer C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE CA 97070
Breakthrough Energy Investments Llc 10 percent owner 250 SUMMER STREET, 4TH FLOOR, BOSTON MA 02210
Julia Song officer: Chief Technology Officer C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Shirley Speakman director C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070

ESS Tech (ESS Tech) Headlines

From GuruFocus

ESS Inc. to Present at the Deutsche Bank 2023 Solar & Clean Tech Conference and the TD Cowen Sustainability Week

By Business Wire Business Wire • 05-15-2023

GWH DEADLINE NOTICE: ROSEN, A LEADING AND RANKED FIRM, Encourages ESS Tech Inc. Investors with Losses to Secure Counsel Before Important March 13 Deadline in Securities Class Action Filed by the Firm � GWH

By sperokesalga sperokesalga • 03-01-2023

ESS Inc. Schedules First Quarter 2023 Financial Results and Operational Update Conference Call

By Business Wire Business Wire • 05-03-2023

ESS Commissions First Iron Flow Battery Deployment for Sacramento Municipal Utility District

By Business Wire • 09-11-2023

ESS Batteries Achieve Additional UL Safety Certification

By Business Wire Business Wire • 03-20-2023

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Y-mAbs, Bioventus, ESS, and IBM and Encourages Investors to Contact the Firm

By sperokesalga sperokesalga • 03-02-2023

ESS Partners with Coldwell Solar to Power California Wineries with Clean Energy

By Business Wire Business Wire • 04-12-2023

Senator Ron Wyden and Senior Officials Join ESS to Celebrate a Year of Achievement in American Clean Tech Manufacturing

By Business Wire • 08-16-2023

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against ESS Tech, Inc. (GWH)

By sperokesalga sperokesalga • 02-27-2023

Lifshitz Law PLLC Announces Investigations of ESS Tech, Inc. (NYSE: GWH), Southwest Airlines Co (NYSE: LUV), Enovix Corp (NASDAQ: ENVX), and Tattooed Chef, Inc. (NASDAQ: TTCF)

By sperokesalga sperokesalga • 06-09-2023