ESS Tech Inc (GWH) — Net Asset Quality Index
ESS Tech Inc (GWH) has a Net Asset Quality Index of 19.4% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $48.57 Million minus total liabilities of $39.13 Million yields net assets of $9.45 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check ESS Tech Inc (GWH) asset resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
ESS Tech Inc Net Asset Quality Index Over Time (2019–2025)
This chart shows how ESS Tech Inc's Net Asset Quality Index has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the index stands at 19.4%, representing net assets of $9.45 Million against total assets of $48.57 Million USD. See working capital position of ESS Tech Inc to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for ESS Tech Inc (2019–2025)
The table below presents the year-by-year Net Asset Quality Index for ESS Tech Inc from 2019 to 2025, covering 7 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see GWH market cap overview.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 16.8% | $8.62 Million | $51.17 Million | $42.55 Million | ▼ -23.4 pp |
| 2024 | 40.2% | $28.88 Million | $71.81 Million | $42.93 Million | ▼ -31.9 pp |
| 2023 | 72.2% | $103.36 Million | $143.23 Million | $39.88 Million | ▼ -6.8 pp |
| 2022 | 78.9% | $136.97 Million | $173.55 Million | $36.58 Million | ▼ -3.1 pp |
| 2021 | 82.0% | $205.16 Million | $250.20 Million | $45.04 Million | ▲ +100.3 pp |
| 2020 | -18.3% | $-1.65 Million | $9.02 Million | $10.67 Million | ▼ -92.0 pp |
| 2019 | 73.7% | $15.58 Million | $21.14 Million | $5.56 Million | — |