AST SpaceMobile (MEX:ASTS) Debt-to-Equity : 0.36 (As of Dec. 2024)

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What is AST SpaceMobile Debt-to-Equity?

AST SpaceMobile's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was MXN99.59 Mil. AST SpaceMobile's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was MXN3,508.45 Mil. AST SpaceMobile's Total Stockholders Equity for the quarter that ended in Dec. 2024 was MXN9,992.28 Mil. AST SpaceMobile's debt to equity for the quarter that ended in Dec. 2024 was 0.36.

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: 0.09 Med: 0.13 Max: 0.74
Current: 0.36

During the past 5 years, the highest Debt-to-Equity Ratio of AST SpaceMobile was 0.74. The lowest was 0.09. And the median was 0.13.

MEX:ASTS's Debt-to-Equity is ranked worse than
56.57% of 2160 companies
in the Hardware industry
Industry Median: 0.29 vs MEX:ASTS: 0.36

AST SpaceMobile Debt-to-Equity Historical Data

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.

* Premium members only.

AST SpaceMobile Debt-to-Equity Chart

AST SpaceMobile Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

0.09

0.13

0.10

0.74

0.36

AST SpaceMobile Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.74	1.06	1.46	0.69	0.36

Competitive Comparison of AST SpaceMobile's Debt-to-Equity

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's Debt-to-Equity Distribution in the 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.

AST SpaceMobile Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AST SpaceMobile's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(99.586	+	3508.45)	/	9992.279
	=	0.36

AST SpaceMobile's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(99.586	+	3508.45)	/	9992.279
	=	0.36

AST SpaceMobile (MEX:ASTS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

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

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AST SpaceMobile Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

ASTS:USA 3ZU0:Germany

Address

2901 Enterprise Lane, Midland Intl. Air & Space Port, Midland, TX, USA, 79706

Website

https://www.ast-science.com

AST SpaceMobile Inc is a satellite designer and manufacturer. 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 and finally bringing broadband to the billions who remain unconnected. 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.