Ascent Solar Technologies (ASTI) Debt Ratio (2010 - 2019)

Ascent Solar Technologies' (ASTI) quarterly Debt Ratio came in at 0.8 in Q2 2019, up 12.98% year-on-year from 0.71 in Q2 2018, and down 6.06% quarter-over-quarter from 0.85 in Q1 2019.

Ascent Solar Technologies (ASTI) Debt Ratio (2010 - 2019) Analysis & Trends

Ascent Solar Technologies has disclosed Debt Ratio across 10 years of filings, most recently posting 0.8 for Q2 2019.

  • Debt Ratio for Q2 2019 came in at 0.8, up 12.98% year-over-year; the trailing twelve-month figure through Jun 2019 was 0.8 (up 12.98% YoY), and the FY2018 annual result 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.
  • The 5-year median for Debt Ratio is 0.7 (2018), against an average of 0.56.
  • Across the five-year window, Debt Ratio sank 50.04% in 2015 and jumped 217.61% in 2016, its largest moves.
  • Ascent Solar Technologies' Debt Ratio stood at 0.31 in 2015, then jumped by 54.02% to 0.48 in 2016, then soared by 47.56% to 0.7 in 2017, then rose by 21.77% to 0.85 in 2018, then retreated by 6.34% to 0.8 in 2019.
  • The last three Debt Ratio figures came in at 0.8 (Q2 2019), 0.85 (Q1 2019), and 0.85 (Q4 2018), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 0.03
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 0.21
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 0.02
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 0.18
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 0.45
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 0.15
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -
10 Ascent Solar Technologies 62.32 Mn 62.32 Mn -18,793.00 -

Historic Data

Download Data
DateValue
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