Ascent Solar Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Ascent Solar Technologies has a total shareholder equity of $4.2M and total debt of $887.8K, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are $10.2M and $6.0M respectively.
Key information
21.4%
Debt to equity ratio
US$887.75k
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.79m |
| Equity | US$4.15m |
| Total liabilities | US$6.00m |
| Total assets | US$10.16m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A8M's short term assets ($6.4M) exceed its short term liabilities ($4.2M).
Long Term Liabilities: A8M's short term assets ($6.4M) exceed its long term liabilities ($1.8M).
Debt to Equity History and Analysis
Debt Level: A8M has more cash than its total debt.
Reducing Debt: A8M had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: A8M has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: A8M has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.6% each year