Ascent Solar Technologies (ASTI) Interest Coverage Ratio (2014 - 2026)
Ascent Solar Technologies (ASTI) posted Interest Coverage Ratio of 1.56 for Q1 2026, up 96.12% sequentially from 40.18 in Q4 2025, and up 98.64% YoY from 0.78 in Q1 2025.
Ascent Solar Technologies (ASTI) Interest Coverage Ratio (2014 - 2026) Analysis & Trends
Ascent Solar Technologies has reported Interest Coverage Ratio for 13 years, with the latest figure at 1.56 in Q1 2026.
- Quarterly Interest Coverage Ratio rose 98.64% year-over-year to 1.56 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 5.78 (up 43.71% YoY) and the FY2025 annual result came in at 0.09, up 9.74% from the prior year.
- Interest Coverage Ratio advanced to 1.56 in Q1 2026 per ASTI's latest filing, from 40.18 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 2.8 in Q4 2023 and troughed at 114.51 in Q1 2025.
- A 5-year average of 12.89 and a median of 4.14 in 2023 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio jumped 112.48% in 2022, then sank 973.0% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 2.09 in 2022, then jumped by 33.99% to 2.8 in 2023, then plunged by 292.68% to 5.4 in 2024, then slumped by 644.35% to 40.18 in 2025, then soared by 96.12% to 1.56 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.56, 40.18, and 1.06 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 80.96 |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 157.55 |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -1.30 |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 5.39 |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 1.32 |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 6.01 |
| 10 | Ascent Solar Technologies | 29.53 Mn | 29.53 Mn | -65,592.00 | -160.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.56 |
| Mar 31, 2026 | -1.56 |
| Dec 31, 2025 | -40.18 |
| Sep 30, 2025 | -1.06 |
| Jun 30, 2025 | -1.02 |
| Mar 31, 2025 | -114.51 |
| Dec 31, 2024 | -5.40 |
| Sep 30, 2024 | -13.23 |
| Jun 30, 2024 | -7.67 |
| Mar 31, 2024 | -19.56 |
| Dec 31, 2023 | 2.80 |
| Sep 30, 2023 | -8.25 |
| Jun 30, 2023 | -4.14 |
| Mar 31, 2023 | -4.71 |
| Dec 31, 2022 | 2.09 |
| Sep 30, 2022 | -1.35 |
| Jun 30, 2022 | -0.39 |
| Mar 31, 2022 | -1.06 |
| Dec 31, 2021 | -16.75 |
| Sep 30, 2021 | -2.54 |