Ascent Solar Technologies (ASTI) Debt Ratio (2009 - 2024)
Ascent Solar Technologies' (ASTI) Debt Ratio came in at 0.04 for Q3 2024, up 39.3% from 0.03 a year earlier but down 36.5% from the prior quarter.
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Analysis
Ascent Solar Technologies (ASTI) Debt Ratio (2009 - 2024) Analysis & Trends
For FY2023, Ascent Solar Technologies' Debt Ratio stood at 0.06.
- In prior years, Ascent Solar Technologies' Debt Ratio was 0.02 in FY2021 (-98.2%), 1.09 in FY2020 (-36.5%) and 1.72 in FY2019 (+50.0%).
- Quarterly Debt Ratio has run from a low of 0.00 in Q1 2024 to a high of 1.88 in Q2 2020 over five years.
- On a year-over-year basis, Debt Ratio increased in three of the last five quarters, with growth averaging 73.3%.
- The strongest year-over-year quarter for Debt Ratio in the past five years was Q1 2023, with growth of 495.1%; the weakest was Q1 2024, with a decline of 99.1%.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.06 (Q2 2024), 0.00 (Q1 2024) and 0.06 (Q4 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 0.03 |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 0.00 |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 0.01 |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | - |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 0.43 |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 0.22 |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 0.42 |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 0.22 |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 0.13 |
| 10 | Ascent Solar Technologies | 12.57 Mn | -33.82 Mn | -42,992.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 0.04 |
| Jun 30, 2024 | 0.06 |
| Mar 31, 2024 | 0.00 |
| Dec 31, 2023 | 0.06 |
| Sep 30, 2023 | 0.03 |
| Jun 30, 2023 | 0.48 |
| Mar 31, 2023 | 0.14 |
| Sep 30, 2022 | 0.02 |
| Jun 30, 2022 | 0.03 |
| Mar 31, 2022 | 0.02 |
| Dec 31, 2021 | 0.02 |
| Sep 30, 2021 | 0.02 |
| Jun 30, 2021 | 0.03 |
| Mar 31, 2021 | 0.02 |
| Dec 31, 2020 | 1.09 |
| Sep 30, 2020 | 0.40 |
| Jun 30, 2020 | 1.88 |
| Mar 31, 2020 | 1.85 |
| Dec 31, 2019 | 1.72 |
| Sep 30, 2019 | 0.33 |
API Access
Ascent Solar Technologies Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=ASTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "ASTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=ASTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();