Ascent Capital Expenditures vs Depreciation Analysis
ASTI Stock | USD 2.50 0.02 0.81% |
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 Capital Expenditures and its Depreciation 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.
Capital Expenditures vs Depreciation
Capital Expenditures vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ascent Solar Technol Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ascent Solar's Capital Expenditures and Depreciation is 0.43. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation 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 Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Ascent Solar Technologies, are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Ascent Solar's Capital Expenditures and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Capital Expenditures
Capital Expenditures are funds used by Ascent Solar Technol to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Ascent Solar operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Depreciation
Depreciation indicates how much of Ascent Solar Technol value has been used up. For tax purposes Ascent Solar can deduct the cost of the tangible assets it purchases as business expenses. However, Ascent Solar Technologies, must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.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
Click cells to compare fundamentals
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 | 6.9M | 6.6M | |
Short Long Term Debt Total | 17.1M | 19.4M | 13.5M | 10.1M | 4.0M | 3.8M | |
Other Current Liab | 11.9M | 7.4M | 865.5K | 3.4M | 3.2M | 5.3M | |
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) | 2.9M | 3.1M | |
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 | 6.9M | 6.6M | |
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 | 8.4M | 8.0M | |
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 | 1.9M | 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 | 2.7M | 2.5M | |
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 |
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 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.