Ascent Gross Profit from 2010 to 2024

ASTI Stock  USD 2.59  0.05  1.97%   
Ascent Solar's Gross Profit is decreasing with slightly volatile movements from year to year. Gross Profit is estimated to finish at about -1.4 M this year. Gross Profit is the profit Ascent Solar Technologies, makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2006-03-31
Previous Quarter
-171.6 K
Current Value
-68.2 K
Quarterly Volatility
604 K
 
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 Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Ascent Solar Technologies, over the last few years. Gross profit is a required income statement account that reflects total revenue of Ascent Solar Technologies, minus its cost of goods sold. It is profit before Ascent Solar operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Ascent Solar's Gross Profit 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.
ViewLast Reported (6.76 M)10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Ascent Gross Profit Regression Statistics

Arithmetic Mean(364,097)
Geometric Mean1,186,281
Coefficient Of Variation(700.25)
Mean Deviation1,897,872
Median(788,673)
Standard Deviation2,549,595
Sample Variance6.5T
Range9.4M
R-Value(0.30)
Mean Square Error6.4T
R-Squared0.09
Significance0.28
Slope(169,459)
Total Sum of Squares91T

Ascent Gross Profit History

2024-1.4 M
2023-1.4 M
2022-788.7 K
2021-1.3 M
2020-108 K
2019147.6 K
2018-153.4 K

Other Fundumenentals of Ascent Solar Technol

Ascent Solar Gross Profit component correlations

0.820.27-0.560.38-0.090.190.94-0.38-0.290.580.120.880.110.510.69-0.33-0.38-0.43-0.34-0.06-0.01-0.22
0.82-0.13-0.860.55-0.33-0.40.69-0.58-0.450.24-0.240.87-0.020.780.77-0.54-0.29-0.26-0.250.140.22-0.36
0.27-0.130.28-0.630.140.650.320.250.030.270.20.12-0.16-0.26-0.250.220.190.270.24-0.02-0.070.06
-0.56-0.860.28-0.520.340.57-0.510.610.66-0.140.35-0.620.28-0.88-0.710.580.210.070.15-0.39-0.40.62
0.380.55-0.63-0.52-0.23-0.330.31-0.37-0.250.18-0.070.460.270.460.81-0.28-0.6-0.65-0.59-0.31-0.22-0.2
-0.09-0.330.140.34-0.230.43-0.060.26-0.060.390.81-0.1-0.32-0.44-0.460.25-0.37-0.34-0.36-0.33-0.34-0.12
0.19-0.40.650.57-0.330.430.330.380.310.510.6-0.090.23-0.52-0.220.39-0.12-0.25-0.12-0.34-0.380.27
0.940.690.32-0.510.31-0.060.33-0.37-0.310.680.120.680.130.510.61-0.34-0.3-0.36-0.230.070.09-0.24
-0.38-0.580.250.61-0.370.260.38-0.370.14-0.240.21-0.290.13-0.73-0.490.990.160.08-0.03-0.36-0.670.1
-0.29-0.450.030.66-0.25-0.060.31-0.310.14-0.250.11-0.330.4-0.59-0.380.130.2-0.020.12-0.28-0.110.88
0.580.240.27-0.140.180.390.510.68-0.24-0.250.570.35-0.020.310.3-0.23-0.43-0.45-0.42-0.21-0.14-0.19
0.12-0.240.20.35-0.070.810.60.120.210.110.570.11-0.17-0.38-0.20.23-0.59-0.57-0.63-0.51-0.49-0.09
0.880.870.12-0.620.46-0.1-0.090.68-0.29-0.330.350.11-0.050.480.71-0.22-0.47-0.46-0.5-0.22-0.17-0.29
0.11-0.02-0.160.280.27-0.320.230.130.130.4-0.02-0.17-0.05-0.160.170.150.14-0.270.12-0.12-0.130.49
0.510.78-0.26-0.880.46-0.44-0.520.51-0.73-0.590.31-0.380.48-0.160.71-0.72-0.060.03-0.030.440.51-0.48
0.690.77-0.25-0.710.81-0.46-0.220.61-0.49-0.380.3-0.20.710.170.71-0.39-0.43-0.43-0.44-0.13-0.05-0.28
-0.33-0.540.220.58-0.280.250.39-0.340.990.13-0.230.23-0.220.15-0.72-0.390.080.0-0.12-0.43-0.740.09
-0.38-0.290.190.21-0.6-0.37-0.12-0.30.160.2-0.43-0.59-0.470.14-0.06-0.430.080.850.860.570.460.34
-0.43-0.260.270.07-0.65-0.34-0.25-0.360.08-0.02-0.45-0.57-0.46-0.270.03-0.430.00.850.740.550.480.03
-0.34-0.250.240.15-0.59-0.36-0.12-0.23-0.030.12-0.42-0.63-0.50.12-0.03-0.44-0.120.860.740.740.670.29
-0.060.14-0.02-0.39-0.31-0.33-0.340.07-0.36-0.28-0.21-0.51-0.22-0.120.44-0.13-0.430.570.550.740.9-0.25
-0.010.22-0.07-0.4-0.22-0.34-0.380.09-0.67-0.11-0.14-0.49-0.17-0.130.51-0.05-0.740.460.480.670.9-0.08
-0.22-0.360.060.62-0.2-0.120.27-0.240.10.88-0.19-0.09-0.290.49-0.48-0.280.090.340.030.29-0.25-0.08
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About Ascent Solar Financial Statements

Investors use fundamental indicators, such as Ascent Solar's Gross Profit, 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
Gross Profit-1.4 M-1.4 M
Gross Profit Margin(3.13)(3.29)

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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.