Ascent Intangible Assets vs Other Liab Analysis

ASTI Stock  USD 2.59  0.05  1.97%   
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 Intangible Assets and its Other Liab 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.

Intangible Assets vs Other Liab

Intangible Assets vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ascent Solar Technol Intangible Assets account and Other Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ascent Solar's Intangible Assets and Other Liab is 0.31. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Other Liab 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 Intangible Assets and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Ascent Solar Technologies, are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Intangible Assets i.e., Ascent Solar's Intangible Assets and Other Liab go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Other Liab

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 Expenses9.4M18.3M16.1M14.4M
Interest Expense1.1M2.7M2.2M2.1M

Ascent Solar fundamental ratios Correlations

-0.18-0.23-0.30.820.27-0.560.38-0.090.670.940.430.760.75-0.320.54-0.230.190.94-0.38-0.290.530.890.580.50.12
-0.180.640.55-0.510.480.77-0.530.16-0.11-0.17-0.25-0.13-0.12-0.29-0.130.590.58-0.170.520.65-0.09-0.16-0.180.230.15
-0.230.640.95-0.620.490.74-0.490.46-0.46-0.220.14-0.06-0.370.01-0.020.430.7-0.20.790.390.08-0.26-0.050.060.45
-0.30.550.95-0.640.410.71-0.450.55-0.51-0.290.03-0.17-0.430.0-0.010.390.63-0.270.90.20.02-0.31-0.01-0.090.51
0.82-0.51-0.62-0.64-0.13-0.860.55-0.330.780.860.170.550.85-0.120.17-0.43-0.40.69-0.58-0.450.10.860.240.05-0.24
0.270.480.490.41-0.130.28-0.630.140.080.190.360.290.040.10.290.710.650.320.250.030.410.140.270.470.2
-0.560.770.740.71-0.860.28-0.520.34-0.72-0.55-0.14-0.35-0.67-0.06-0.070.460.57-0.510.610.66-0.06-0.55-0.140.10.35
0.38-0.53-0.49-0.450.55-0.63-0.52-0.230.230.42-0.050.180.31-0.460.11-0.95-0.330.31-0.37-0.250.10.450.18-0.06-0.07
-0.090.160.460.55-0.330.140.34-0.23-0.36-0.11-0.14-0.2-0.32-0.260.370.260.43-0.060.26-0.060.04-0.130.390.040.81
0.67-0.11-0.46-0.510.780.08-0.720.23-0.360.66-0.060.410.91-0.2-0.03-0.07-0.260.61-0.39-0.32-0.010.680.010.09-0.38
0.94-0.17-0.22-0.290.860.19-0.550.42-0.110.660.240.590.76-0.30.36-0.260.020.77-0.35-0.230.280.990.40.270.1
0.43-0.250.140.030.170.36-0.14-0.05-0.14-0.060.240.710.030.430.46-0.030.380.56-0.07-0.130.760.120.50.52-0.01
0.76-0.13-0.06-0.170.550.29-0.350.18-0.20.410.590.710.620.00.4-0.110.270.84-0.22-0.190.590.470.40.52-0.1
0.75-0.12-0.37-0.430.850.04-0.670.31-0.320.910.760.030.62-0.2-0.06-0.16-0.260.65-0.33-0.27-0.040.75-0.020.04-0.34
-0.32-0.290.010.0-0.120.1-0.06-0.46-0.26-0.2-0.30.430.0-0.2-0.360.27-0.32-0.30.12-0.15-0.14-0.33-0.29-0.34-0.45
0.54-0.13-0.02-0.010.170.29-0.070.110.37-0.030.360.460.4-0.06-0.36-0.030.580.65-0.27-0.210.820.280.910.750.63
-0.230.590.430.39-0.430.710.46-0.950.26-0.07-0.26-0.03-0.11-0.160.27-0.030.38-0.160.320.24-0.07-0.29-0.110.140.13
0.190.580.70.63-0.40.650.57-0.330.43-0.260.020.380.27-0.26-0.320.580.380.330.380.310.67-0.060.510.720.6
0.94-0.17-0.2-0.270.690.32-0.510.31-0.060.610.770.560.840.65-0.30.65-0.160.33-0.37-0.310.710.690.680.660.12
-0.380.520.790.9-0.580.250.61-0.370.26-0.39-0.35-0.07-0.22-0.330.12-0.270.320.38-0.370.14-0.16-0.34-0.24-0.320.21
-0.290.650.390.2-0.450.030.66-0.25-0.06-0.32-0.23-0.13-0.19-0.27-0.15-0.210.240.31-0.310.14-0.13-0.22-0.250.210.11
0.53-0.090.080.020.10.41-0.060.10.04-0.010.280.760.59-0.04-0.140.82-0.070.670.71-0.16-0.130.170.790.850.31
0.89-0.16-0.26-0.310.860.14-0.550.45-0.130.680.990.120.470.75-0.330.28-0.29-0.060.69-0.34-0.220.170.330.180.07
0.58-0.18-0.05-0.010.240.27-0.140.180.390.010.40.50.4-0.02-0.290.91-0.110.510.68-0.24-0.250.790.330.660.57
0.50.230.06-0.090.050.470.1-0.060.040.090.270.520.520.04-0.340.750.140.720.66-0.320.210.850.180.660.29
0.120.150.450.51-0.240.20.35-0.070.81-0.380.1-0.01-0.1-0.34-0.450.630.130.60.120.210.110.310.070.570.29
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Ascent Solar Account Relationship Matchups

Ascent Solar fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.6M7.4M12.8M18.7M6.9M6.6M
Short Long Term Debt Total17.1M19.4M13.5M10.1M4.2M4.0M
Other Current Liab11.9M7.4M865.5K3.4M3.0M5.2M
Total Current Liabilities30.7M9.2M3.1M5.0M5.8M9.9M
Total Stockholder Equity(25.1M)(20.2M)(2.8M)4.6M(1.5M)(1.5M)
Net Debt17.1M19.2M7.5M(1.4M)3.2M3.3M
Retained Earnings(423.4M)(421.8M)(427.8M)(447.5M)(482.5M)(458.4M)
Accounts Payable1.7M737.0K642.2K595.2K579.2K550.3K
Cash0.0167.7K6.0M11.5M1.0M996.3K
Non Current Assets Total5.0M6.6M6.0M6.2M5.4M5.1M
Non Currrent Assets Other813.4K500K(627K)131.0K1.8M2.6M
Common Stock Shares Outstanding307.5K18.4K19.5K149.0K1.0M1.1M
Liabilities And Stockholders Equity5.6M7.4M12.8M18.7M6.9M6.6M
Other Current Assets51.6K143.2K495.5K344.1K39.3K37.3K
Other Stockholder Equity397.8M399.8M424.9M452.1M480.9M311.0M
Total Liab30.7M27.6M15.7M14.1M7.8M7.4M
Total Current Assets585.5K779.3K6.9M12.4M1.5M1.5M
Short Term Debt17.1M1.0M1.5M983.6K2.2M2.8M
Common Stock475.9K1.8M479.03.4K358.0340.1
Other Liab29.1K28.4K14.1K21.2K19.1K18.1K
Property Plant And Equipment Net4.2M5.7M5.3M4.9M3.4M3.2M
Net Receivables6.7K165.2K5.5K49.3K1.8K0.0
Non Current Liabilities Total28.4K18.4M12.6M9.1M2.1M2.0M
Intangible Assets813.4K439.8K86.6K80.0K54.0K51.3K
Property Plant Equipment4.2M18.8K279.7K4.9M4.4M4.2M
Inventory533.9K534.4K592.2K615.3K447.5K425.1K
Net Tangible Assets(25.1M)(20.2M)(2.8M)4.5M4.1M4.3M
Short Long Term Debt8.4M17.1M443.2K250K1.4M1.4M
Common Stock Total Equity6.4K475.9K1.8M479.0550.85523.31
Retained Earnings Total Equity(418.5M)(423.4M)(421.8M)(427.8M)(385.0M)(404.3M)
Long Term Debt Total5.1M5.0M7.8M8.1M9.3M6.9M
Capital Surpluse395.9M397.8M399.8M424.9M488.7M435.4M
Property Plant And Equipment Gross32.9M24.9M22.4M26.9M23.5M20.8M

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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.