ESS Tech Inc (GWH) - Cash Flow Conversion Efficiency
Based on the latest financial reports, ESS Tech Inc (GWH) has a cash flow conversion efficiency ratio of -1.425x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-13.46 Million) by net assets ($9.45 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See ESS Tech Inc net asset quality index to measure how much of total assets are equity-financed.
ESS Tech Inc - Cash Flow Conversion Efficiency Trend (2019–2025)
This chart illustrates how ESS Tech Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore GWH operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
ESS Tech Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ESS Tech Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PLS Plantations Bhd
KLSE:9695
|
-0.002x |
|
Viscount Mining Corp.
V:VML
|
-0.022x |
|
ODTech Co. Ltd
KQ:080520
|
-0.012x |
|
Woojin I&S Co Ltd
KO:010400
|
-0.025x |
|
Globlex Holding Management Public Company Limited
BK:GBX
|
0.197x |
|
Adler Group SA
XETRA:ADJ
|
0.314x |
|
Shradha Infraprojects Limited
NSE:SHRADHA
|
-0.127x |
|
G11 Resources Ltd
AU:G11
|
-0.022x |
Annual Cash Flow Conversion Efficiency for ESS Tech Inc (2019–2025)
The table below shows the annual cash flow conversion efficiency of ESS Tech Inc from 2019 to 2025. For the full company profile with market capitalisation and key ratios, see GWH market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $8.62 Million | $-50.28 Million | -5.835x | -133.36% |
| 2024-12-31 | $28.88 Million | $-72.22 Million | -2.500x | -370.75% |
| 2023-12-31 | $103.36 Million | $-54.90 Million | -0.531x | +10.87% |
| 2022-12-31 | $136.97 Million | $-81.62 Million | -0.596x | -135.78% |
| 2021-12-31 | $205.16 Million | $-51.85 Million | -0.253x | -102.50% |
| 2020-12-31 | $-1.65 Million | $-16.64 Million | 10.100x | +2457.75% |
| 2019-12-31 | $15.58 Million | $-6.67 Million | -0.428x | -- |
About ESS Tech Inc
ESS Tech, Inc., an energy storage company, engages in the design and production of iron flow batteries for commercial and utility-scale energy storage applications worldwide. It offers energy storage products, which include Energy Warehouse, a behind-the-meter solution; and the gigawatt-hour energy base storage product, a fully configurable layout that integrates with any site location and that a… Read more