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A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Ascent Solar Technologies's Debt-to-Equity or its related term are showing as below:
ASTI'
s Debt-to-Equity Range Over the Past 10 Years
Min: -23.7 Med: -0.75 Max: 3.02
Current: 0.08
During the past 13 years, the highest Debt-to-Equity Ratio of Ascent Solar Technologies was 3.02. The lowest was -23.70. And the median was -0.75.
ASTI's Debt-to-Equity is ranked better than 73.53% of 903
companies
in the Semiconductors industry
Industry Median: 0.26
vs ASTI: 0.08
Ascent Solar Technologies (NAS:ASTI) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Ascent Solar Technologies Debt-to-Equity Related Terms
Ascent Solar Technologies Debt-to-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Solar subindustry, Ascent Solar Technologies's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ascent Solar Technologies Debt-to-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Ascent Solar Technologies's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Ascent Solar Technologies's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ascent Solar Technologies (ASTI) has a Debt-to-Equity of 0.08 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ascent Solar Technologies and its competitors. According to the industry distribution chart, Ascent Solar Technologies ranks #239 out of 903 companies in the Semiconductors industry, placing it in the top 26.5%.
Is Ascent Solar Technologies' Debt-to-Equity too high?
Ascent Solar Technologies' current Debt-to-Equity is 0.08. The Semiconductors industry median Debt-to-Equity is 0.26. Ascent Solar Technologies' value of 0.08 is 69.2% below this industry median. Based on the distribution chart, Ascent Solar Technologies ranks #239 out of 903 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Ascent Solar Technologies has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ascent Solar Technologies' Debt-to-Equity compare to SPRU and PN?
According to the Semiconductors industry distribution chart, Ascent Solar Technologies ranks #239 out of 903 companies for Debt-to-Equity. This puts Ascent Solar Technologies in the upper half of its industry. The industry median Debt-to-Equity is 0.26. Ascent Solar Technologies' value of 0.08 is 69.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.26, based on 903 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ascent Solar Technologies's current Debt-to-Equity of 0.08 is 69.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ascent Solar Technologies and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascent Solar Technologies's current Debt-to-Equity is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascent Solar Technologies stock overvalued right now?
Based on GuruFocus' analysis, Ascent Solar Technologies (ASTI) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.25, compared to a current price of $2.95 — trading 1080% above its estimated fair value. The current Debt-to-Equity is 0.08 and 69.2% below the Semiconductors industry median of 0.26. Ascent Solar Technologies' overall GF Score™ is 31/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Ascent Solar Technologies (ASTI), the current Debt-to-Equity is 0.08 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ascent Solar Technologies (ASTI) Overvalued in 2026?
Based on GuruFocus' analysis, Ascent Solar Technologies stock appears to be overvalued.
The current stock price of $2.95 is trading 1080% above its estimated GF Value™ of $0.25.
GuruFocus considers Ascent Solar Technologies to be Significantly Overvalued.
Key valuation signals for ASTI:
Debt-to-Equity: 0.08
GF Value™: $0.25 vs. price of $2.95 (1080% above fair value)
Industry Position: 69.2% below the Semiconductors median (#239 of 903)
No single metric tells the full story. See the ASTI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ascent Solar Technologies Inc is a solar technology company that manufactures and sells photovoltaic (PV) solar modules that are flexible, durable, and possess attractive power to weight and power to area performance. Its technology provides renewable power solutions to high-value production and specialty solar markets where traditional rigid solar panels are not suitable, including space power beaming, aerospace, satellites, near earth orbiting vehicles, fixed wing unmanned aerial vehicles (UAV), aquatic, terrestrial, and other weight-sensitive markets with transformational high quality, value added product applications. It operates in single PV segment that sells PV products and engineering services and currently, is selling it in North America.
31GF Score
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