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| 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 |