Ascent Solar Technologies (ASTI) Debt Ratio (2010 - 2019)
Ascent Solar Technologies recorded quarterly Debt Ratio of 0.8 in Q2 2019, down 6.06% quarter-over-quarter from 0.85 in Q1 2019, and up 12.98% year-over-year from 0.71 in Q2 2018.
Ascent Solar Technologies' Debt Ratio history runs 10 years deep, the most recent figure standing at 0.8 for Q2 2019.
- In Q2 2019, Debt Ratio rose 12.98% year-over-year to 0.8; the TTM figure through Jun 2019 stood at 0.8 (up 12.98% YoY), while the FY2018 annual figure was 0.85, up 21.77% from the prior year.
- Debt Ratio came in at 0.8 for Q2 2019 at Ascent Solar Technologies, down from 0.85 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.85 in Q4 2018 to a low of 0.12 in Q1 2015.
- A 5-year average of 0.56 and a median of 0.7 in 2018 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio plunged 50.04% in 2015 and surged 217.61% in 2016, its largest moves.
- Ascent Solar Technologies' Debt Ratio stood at 0.31 in 2015, then surged by 54.02% to 0.48 in 2016, then jumped by 47.56% to 0.7 in 2017, then gained by 21.77% to 0.85 in 2018, then decreased by 6.34% to 0.8 in 2019.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.8, 0.85, and 0.85 for Q2 2019, Q1 2019, and Q4 2018 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 0.03 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 0.35 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 0.21 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 0.02 |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 0.18 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 0.45 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 0.15 |
| 10 | Ascent Solar Technologies | 15.38 Mn | 15.38 Mn | -18,793.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2019 | 0.80 |
| Mar 31, 2019 | 0.85 |
| Dec 31, 2018 | 0.85 |
| Sep 30, 2018 | 0.76 |
| Jun 30, 2018 | 0.71 |
| Mar 31, 2018 | 0.70 |
| Dec 31, 2017 | 0.70 |
| Sep 30, 2017 | 0.76 |
| Jun 30, 2017 | 0.64 |
| Mar 31, 2017 | 0.74 |
| Dec 31, 2016 | 0.48 |
| Jun 30, 2016 | 0.40 |
| Mar 31, 2016 | 0.30 |
| Dec 31, 2015 | 0.31 |
| Sep 30, 2015 | 0.29 |
| Jun 30, 2015 | 0.13 |
| Mar 31, 2015 | 0.12 |
| Dec 31, 2014 | 0.11 |
| Sep 30, 2014 | 0.25 |
| Jun 30, 2014 | 0.25 |
| Mar 31, 2014 | 0.24 |
| Dec 31, 2013 | 0.22 |
| Sep 30, 2013 | 0.21 |
| Jun 30, 2013 | 0.20 |
| Mar 31, 2013 | 0.18 |
| Dec 31, 2012 | 0.15 |
| Sep 30, 2012 | 0.12 |
| Jun 30, 2012 | 0.14 |
| Mar 31, 2012 | 0.12 |
| Dec 31, 2011 | 0.12 |
| Sep 30, 2011 | 0.11 |
| Jun 30, 2011 | 0.11 |
| Dec 31, 2010 | 0.00 |