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AST SpaceMobileMEX:ASTS +7.70%23 Debt-to-Equity is 1.44 as of Mar. 2026, which is 454% above its 10-year median of 0.26. GuruFocus rates MEX:ASTS with a GF Score™ of 23/100 and a GF Value™ of MXN8,653.05 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,216 Hardware companies, AST SpaceMobile ranks worse than 91.79% on this metric.
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 AST SpaceMobile's Debt-to-Equity or its related term are showing as below:
MEX:ASTS'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.26 Max: 1.46
Current: 1.44
During the past 6 years, the highest Debt-to-Equity Ratio of AST SpaceMobile was 1.46. The lowest was 0.00. And the median was 0.26.
MEX:ASTS's Debt-to-Equity is ranked worse than 91.79% of 2216
companies
in the Hardware industry
Industry Median: 0.27
vs MEX:ASTS: 1.44
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.
AST SpaceMobile Debt-to-Equity Related Terms
AST SpaceMobile Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for AST SpaceMobile's Debt-to-Equity can be seen below:
* 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.
MEX:ASTS vs ZBRA, VIAV, AAOI: Debt-to-Equity Comparison
For the Communication Equipment subindustry, AST SpaceMobile'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.
AST SpaceMobile Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, AST SpaceMobile's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where AST SpaceMobile'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.
AST SpaceMobile (MEX:ASTS) has a Debt-to-Equity of 1.44 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on AST SpaceMobile and its competitors. This is 454% above median its historical median of 0.26. According to the industry distribution chart, AST SpaceMobile ranks #2034 out of 2216 companies in the Hardware industry, placing it in the top 91.8%.
Is AST SpaceMobile's Debt-to-Equity too high?
AST SpaceMobile's current Debt-to-Equity of 1.44 is 454% above median its 10-year median of 0.26. The Hardware industry median Debt-to-Equity is 0.27. AST SpaceMobile's value of 1.44 is 433.3% above this industry median. Based on the distribution chart, AST SpaceMobile ranks #2034 out of 2216 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, AST SpaceMobile has a GF Score™ of 23/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AST SpaceMobile's Debt-to-Equity compare to ZBRA and VIAV?
According to the Hardware industry distribution chart, AST SpaceMobile ranks #2034 out of 2216 companies for Debt-to-Equity. This places AST SpaceMobile in the lower half of its industry. The industry median Debt-to-Equity is 0.27. AST SpaceMobile's value of 1.44 is 433.3% above this benchmark. While the company's 10-year median is 0.26 vs. the industry median of 0.27, AST SpaceMobile has consistently been above the industry average. 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,216 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. AST SpaceMobile's current Debt-to-Equity of 1.44 is 433.3% above 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 AST SpaceMobile and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AST SpaceMobile's current Debt-to-Equity is 1.44, which is 454% above median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AST SpaceMobile stock overvalued right now?
Based on GuruFocus' analysis, AST SpaceMobile (MEX:ASTS) is currently considered Possible Value Trap. The stock's GF Value™ is MXN8,653.05, compared to a current price of MXN1,016.74 — trading 88.2% below its estimated fair value. The current Debt-to-Equity is 1.44, which is 454% above median its 10-year median of 0.26 and 433.3% above the Hardware industry median of 0.27. AST SpaceMobile's overall GF Score™ is 23/100 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 AST SpaceMobile (MEX:ASTS), the current Debt-to-Equity is 1.44 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 AST SpaceMobile (MEX:ASTS) Overvalued in 2026?
Based on GuruFocus' analysis, AST SpaceMobile stock appears to be undervalued.
The current stock price of MXN1,016.74 is trading 88.2% below its estimated GF Value™ of MXN8,653.05.
GuruFocus considers AST SpaceMobile to be Possible Value Trap.
Key valuation signals for MEX:ASTS:
Debt-to-Equity: 1.44 (454% above median its 10-year median of 0.26)
GF Value™: MXN8,653.05 vs. price of MXN1,016.74 (88.2% below fair value)
Industry Position: 433.3% above the Hardware median (#2034 of 2216)
No single metric tells the full story. See the MEX:ASTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AST SpaceMobile Inc is currently designing, developing and manufacturing the constellation of BlueBird (BB) satellites and has begun launching its planned space-based Cellular Broadband network distributed through a constellation of low Earth orbit (LEO) satellites. The company is building a cellular broadband network in space to operate directly with standard, unmodified mobile devices, and off-the-shelf mobile phones based on extensive IP and patent portfolio. It has focused on eliminating the connectivity gaps faced by mobile subscribers. The Company's spaceMobile Service is being designed to provide cost-effective, high-speed Cellular Broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices.
23GF Score
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