Ascent Solar Technologies ASTI
NASDAQ ASTI
$3.09 +0.01 (+0.32%)
At close: Aug 21, 2026 · 4:00 PM EDT

Ascent Solar Technologies (ASTI) Debt Ratio (2010 - 2021)

Ascent Solar Technologies (ASTI) posted Debt Ratio of 0.87 for Q3 2021, down 26.5% sequentially from 1.18 in Q2 2021, and up 3714.27% YoY from 0.02 in Q3 2020.

Ascent Solar Technologies (ASTI) Debt Ratio (2010 - 2021) Analysis & Trends

Ascent Solar Technologies has reported Debt Ratio for 12 years, with the latest figure at 0.87 in Q3 2021.

  • Quarterly Debt Ratio rose 3714.27% year-over-year to 0.87 in Q3 2021, while the trailing twelve-month figure through Sep 2021 was 0.87 (up 3714.27% YoY) and the FY2020 annual result came in at 1.46, up 32.18% from the prior year.
  • Debt Ratio slipped to 0.87 in Q3 2021 per ASTI's latest filing, from 1.18 in the prior quarter.
  • Over five years, Debt Ratio peaked at 1.46 in Q4 2020 and troughed at 0.02 in Q3 2020.
  • A 5-year average of 0.83 and a median of 0.85 in 2018 frame the typical range for Debt Ratio.
  • The widest YoY moves for Debt Ratio: up 3714.27% in 2021, down 98.08% in 2021.
  • Over 5 years, Debt Ratio stood at 0.99 in 2017, then fell by 14.15% to 0.85 in 2018, then grew by 29.54% to 1.1 in 2019, then surged by 32.18% to 1.46 in 2020, then plunged by 40.68% to 0.87 in 2021.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.87, 1.18, and 0.02 for Q3 2021, Q2 2021, and Q1 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 First Solar 23.03 Bn 21.30 Bn 605.00 Mn 0.00
2 Nextpower 13.03 Bn 11.82 Bn 335.85 Mn -
3 Enphase Energy 5.10 Bn 4.16 Bn 175.01 Mn 0.20
4 Sunrun 2.19 Bn 2.19 Bn 527.54 Mn 0.62
5 Solaredge Technologies 1.89 Bn 1.31 Bn 95.15 Mn -
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 0.19
7 Canadian Solar 985.60 Mn -602.69 Mn 124.40 Mn 0.55
8 JinkoSolar Holding 833.21 Mn -2.48 Bn 147.66 Mn 0.15
9 Array Technologies 727.02 Mn 419.71 Mn 99.60 Mn 0.44
10 Ascent Solar Technologies 29.53 Mn 29.53 Mn -65,592.00 -

Historic Data

Download Data
DateValue
Sep 30, 2021 0.87
Jun 30, 2021 1.18
Mar 31, 2021 0.02
Dec 31, 2020 1.46
Sep 30, 2020 0.02
Jun 30, 2020 1.18
Mar 31, 2020 1.18
Dec 31, 2019 1.10
Sep 30, 2019 0.98
Jun 30, 2019 0.80
Mar 31, 2019 0.85
Dec 31, 2018 0.85
Sep 30, 2018 0.80
Jun 30, 2018 0.76
Mar 31, 2018 0.75
Dec 31, 2017 0.99
Sep 30, 2017 0.76
Jun 30, 2017 0.64
Mar 31, 2017 0.64
Dec 31, 2016 0.48