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| Date | Value |
|---|---|
| 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 |