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

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

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

Ascent Solar Technologies (ASTI) has 12 years of Debt Ratio data on file, last reported at 0.87 in Q3 2021.

  • For the quarter ending Q3 2021, Debt Ratio rose 3714.27% year-over-year to 0.87; the trailing twelve-month figure through Sep 2021 stood at 0.87 (up 3714.27% YoY), and the FY2020 full-year result was 1.46, up 32.18% from the prior year.
  • Debt Ratio slipped to 0.87 in Q3 2021, from 1.18 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 1.46 in Q4 2020 to a low of 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.
  • Peak annual rise in Debt Ratio reached 3714.27% in 2021, while the deepest fall reached 98.08% in 2021.
  • Tracing ASTI's Debt Ratio over 5 years: stood at 0.99 in 2017, then slipped by 14.15% to 0.85 in 2018, then gained by 29.54% to 1.1 in 2019, then surged by 32.18% to 1.46 in 2020, then sank by 40.68% to 0.87 in 2021.
  • Business Quant data shows ASTI's Debt Ratio at 0.87 in Q3 2021, 1.18 in Q2 2021, and 0.02 in Q1 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 0.03
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 0.21
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 0.15
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 0.02
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 0.18
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 0.55
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 0.45
10 Ascent Solar Technologies 24.55 Mn 24.55 Mn -18,793.00 -

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