Ascent Total Stockholder Equity vs Cash Analysis
ASTI Stock | USD 2.55 0.12 4.49% |
Ascent Solar financial indicator trend analysis is way more than just evaluating Ascent Solar Technol prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ascent Solar Technol is a good investment. Please check the relationship between Ascent Solar Total Stockholder Equity and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ascent Solar Technologies,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Total Stockholder Equity vs Cash
Total Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ascent Solar Technol Total Stockholder Equity account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ascent Solar's Total Stockholder Equity and Cash is 0.78. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of Ascent Solar Technologies,, assuming nothing else is changed. The correlation between historical values of Ascent Solar's Total Stockholder Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Ascent Solar Technologies, are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Stockholder Equity i.e., Ascent Solar's Total Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Cash
Cash refers to the most liquid asset of Ascent Solar Technol, which is listed under current asset account on Ascent Solar Technologies, balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ascent Solar customers. The amounts must be unrestricted with restricted cash listed in a different Ascent Solar account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Ascent Solar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ascent Solar Technol current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ascent Solar Technologies,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. The Ascent Solar's current Enterprise Value is estimated to increase to about 5.2 B, while Selling General Administrative is projected to decrease to under 7.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 9.4M | 18.3M | 16.1M | 14.4M | Interest Expense | 1.1M | 2.7M | 2.2M | 2.1M |
Ascent Solar fundamental ratios Correlations
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Ascent Solar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ascent Solar fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.6M | 7.4M | 12.8M | 18.7M | 6.3M | 6.0M | |
Short Long Term Debt Total | 17.1M | 19.4M | 13.5M | 10.1M | 4.2M | 4.0M | |
Other Current Liab | 11.9M | 7.4M | 865.5K | 3.4M | 3.0M | 5.2M | |
Total Current Liabilities | 30.7M | 9.2M | 3.1M | 5.0M | 5.8M | 9.9M | |
Total Stockholder Equity | (25.1M) | (20.2M) | (2.8M) | 4.6M | (1.5M) | (1.5M) | |
Net Debt | 17.1M | 19.2M | 7.5M | (1.4M) | 3.2M | 3.3M | |
Retained Earnings | (423.4M) | (421.8M) | (427.8M) | (447.5M) | (482.5M) | (458.4M) | |
Accounts Payable | 1.7M | 737.0K | 642.2K | 595.2K | 579.2K | 550.3K | |
Cash | 0.0 | 167.7K | 6.0M | 11.5M | 1.0M | 996.3K | |
Non Current Assets Total | 5.0M | 6.6M | 6.0M | 6.2M | 5.4M | 5.1M | |
Non Currrent Assets Other | 813.4K | 500K | (627K) | 131.0K | 1.8M | 2.6M | |
Common Stock Shares Outstanding | 307.5K | 18.4K | 19.5K | 149.0K | 1.0M | 1.1M | |
Liabilities And Stockholders Equity | 5.6M | 7.4M | 12.8M | 18.7M | 6.3M | 6.0M | |
Other Current Assets | 51.6K | 143.2K | 495.5K | 344.1K | 39.3K | 37.3K | |
Other Stockholder Equity | 397.8M | 399.8M | 424.9M | 452.1M | 480.9M | 311.0M | |
Total Liab | 30.7M | 27.6M | 15.7M | 14.1M | 7.8M | 7.4M | |
Total Current Assets | 585.5K | 779.3K | 6.9M | 12.4M | 1.5M | 1.5M | |
Short Term Debt | 17.1M | 1.0M | 1.5M | 983.6K | 2.2M | 2.8M | |
Common Stock | 475.9K | 1.8M | 479.0 | 3.4K | 358.0 | 340.1 | |
Other Liab | 29.1K | 28.4K | 14.1K | 21.2K | 19.1K | 18.1K | |
Property Plant And Equipment Net | 4.2M | 5.7M | 5.3M | 4.9M | 3.4M | 3.2M | |
Net Receivables | 6.7K | 165.2K | 5.5K | 49.3K | 1.8K | 0.0 | |
Non Current Liabilities Total | 28.4K | 18.4M | 12.6M | 9.1M | 2.1M | 2.0M | |
Intangible Assets | 813.4K | 439.8K | 86.6K | 80.0K | 54.0K | 51.3K | |
Property Plant Equipment | 4.2M | 18.8K | 279.7K | 4.9M | 4.4M | 4.2M | |
Inventory | 533.9K | 534.4K | 592.2K | 615.3K | 447.5K | 425.1K | |
Net Tangible Assets | (25.1M) | (20.2M) | (2.8M) | 4.5M | 4.1M | 4.3M | |
Short Long Term Debt | 8.4M | 17.1M | 443.2K | 250K | 1.4M | 1.4M | |
Common Stock Total Equity | 6.4K | 475.9K | 1.8M | 479.0 | 550.85 | 523.31 | |
Retained Earnings Total Equity | (418.5M) | (423.4M) | (421.8M) | (427.8M) | (385.0M) | (404.3M) | |
Long Term Debt Total | 5.1M | 5.0M | 7.8M | 8.1M | 9.3M | 6.9M | |
Capital Surpluse | 395.9M | 397.8M | 399.8M | 424.9M | 488.7M | 435.4M | |
Property Plant And Equipment Gross | 32.9M | 24.9M | 22.4M | 26.9M | 23.5M | 20.8M |
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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ascent Solar Technologies,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.