Ascent Income Tax Expense from 2010 to 2024

ASTI Stock  USD 2.55  0.12  4.49%   
Ascent Solar's Income Tax Expense is increasing with slightly volatile movements from year to year. Income Tax Expense is predicted to flatten to -4.2. For the period between 2010 and 2024, Ascent Solar, Income Tax Expense quarterly trend regression had median of  3,401,610 and r-value of  0.39. View All Fundamentals
 
Income Tax Expense  
First Reported
2006-03-31
Previous Quarter
3
Current Value
1
Quarterly Volatility
95.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ascent Solar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ascent Solar's main balance sheet or income statement drivers, such as Interest Expense of 2.1 M, Other Operating Expenses of 14.4 M or Total Operating Expenses of 12.7 M, as well as many indicators such as Price To Sales Ratio of 185, Dividend Yield of 0.0095 or Days Sales Outstanding of 0.58. Ascent financial statements analysis is a perfect complement when working with Ascent Solar Valuation or Volatility modules.
  
Check out the analysis of Ascent Solar Correlation against competitors.

Latest Ascent Solar's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Ascent Solar Technologies, over the last few years. It is Ascent Solar's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ascent Solar's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Ascent Income Tax Expense Regression Statistics

Arithmetic Mean(44,301,592)
Coefficient Of Variation(477.11)
Mean Deviation101,400,107
Median3,401,610
Standard Deviation211,368,030
Sample Variance44676.4T
Range883.2M
R-Value0.39
Mean Square Error40938.8T
R-Squared0.15
Significance0.16
Slope18,250,815
Total Sum of Squares625470.2T

Ascent Income Tax Expense History

2024 -4.2
2023 -4.0
202227.4 K
2021918.9 K
20196.5 M
2018-2.1 M
20177.4 M

About Ascent Solar Financial Statements

Investors use fundamental indicators, such as Ascent Solar's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Ascent Solar's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Tax Expense(4.00)(4.20)

Currently Active Assets on Macroaxis

When determining whether Ascent Solar Technol offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ascent Solar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ascent Solar Technologies, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ascent Solar Technologies, Stock:
Check out the analysis of Ascent Solar Correlation against competitors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ascent Solar. If investors know Ascent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ascent Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.90)
Earnings Share
2.2 K
Revenue Per Share
1.79
Quarterly Revenue Growth
(0.73)
Return On Assets
(0.49)
The market value of Ascent Solar Technol is measured differently than its book value, which is the value of Ascent that is recorded on the company's balance sheet. Investors also form their own opinion of Ascent Solar's value that differs from its market value or its book value, called intrinsic value, which is Ascent Solar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ascent Solar's market value can be influenced by many factors that don't directly affect Ascent Solar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ascent Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ascent Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ascent Solar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.