Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
AST SpaceMobileASTS -0.66%44 Equity-to-Asset is 0.34 as of Mar. 2026, which is 6% above its 10-year median of 0.32. GuruFocus rates ASTS with a GF Score™ of 44/100 and a GF Value™ of $491.76 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,500 Hardware companies, AST SpaceMobile ranks worse than 80.8% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AST SpaceMobile's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $2,079.38 Mil. AST SpaceMobile's Total Assets for the quarter that ended in Mar. 2026 was $6,051.14 Mil.
Therefore, AST SpaceMobile's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.34.
The historical rank and industry rank for AST SpaceMobile's Equity-to-Asset or its related term are showing as below:
ASTS'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2 Med: 0.32 Max: 0.78
Current: 0.34
During the past 6 years, the highest Equity to Asset Ratio of AST SpaceMobile was 0.78. The lowest was 0.20. And the median was 0.32.
ASTS's Equity-to-Asset is ranked worse than 80.8% of 2500
companies
in the Hardware industry
Industry Median: 0.57
vs ASTS: 0.34
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
AST SpaceMobile Equity-to-Asset Related Terms
AST SpaceMobile Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for AST SpaceMobile's Equity-to-Asset 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.
ASTS vs ZBRA, VIAV, AAOI: Equity-to-Asset Comparison
For the Communication Equipment subindustry, AST SpaceMobile's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Hardware Industry
For the Hardware industry and Technology sector, AST SpaceMobile's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where AST SpaceMobile's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
AST SpaceMobile's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (ASTS) has a Equity-to-Asset of 0.34 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on AST SpaceMobile and its competitors. This is near median its historical median of 0.32. Over the past decade, AST SpaceMobile's Equity-to-Asset has ranged from 0.20 to 0.78. According to the industry distribution chart, AST SpaceMobile ranks #2020 out of 2500 companies in the Hardware industry, placing it in the top 80.8%.
Is AST SpaceMobile's Equity-to-Asset too high?
AST SpaceMobile's current Equity-to-Asset of 0.34 is near median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.78. The Hardware industry median Equity-to-Asset is 0.57. AST SpaceMobile's value of 0.34 is 40.4% below this industry median. Based on the distribution chart, AST SpaceMobile ranks #2020 out of 2500 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, AST SpaceMobile has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AST SpaceMobile's Equity-to-Asset compare to ZBRA and VIAV?
According to the Hardware industry distribution chart, AST SpaceMobile ranks #2020 out of 2500 companies for Equity-to-Asset. This places AST SpaceMobile in the lower half of its industry. The industry median Equity-to-Asset is 0.57. AST SpaceMobile's value of 0.34 is 40.4% below this benchmark. Historically, AST SpaceMobile's own Equity-to-Asset has ranged from 0.20 to 0.78 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.57, AST SpaceMobile has consistently been below 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 Equity-to-Asset for a Hardware company?
The median Equity-to-Asset among Hardware companies is 0.57, based on 2,500 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AST SpaceMobile's current Equity-to-Asset of 0.34 is 40.4% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on AST SpaceMobile and its competitors. For the Hardware industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AST SpaceMobile's current Equity-to-Asset is 0.34, which is near median its own 10-year median of 0.32. 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 (ASTS) is currently considered Possible Value Trap. The stock's GF Value™ is $491.76, compared to a current price of $57.42 — trading 88.3% below its estimated fair value. The current Equity-to-Asset is 0.34, which is near median its 10-year median of 0.32 and 40.4% below the Hardware industry median of 0.57. AST SpaceMobile's overall GF Score™ is 44/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For AST SpaceMobile (ASTS), the current Equity-to-Asset is 0.34 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 (ASTS) Overvalued in 2026?
Based on GuruFocus' analysis, AST SpaceMobile stock appears to be undervalued.
The current stock price of $57.42 is trading 88.3% below its estimated GF Value™ of $491.76.
GuruFocus considers AST SpaceMobile to be Possible Value Trap.
Key valuation signals for ASTS:
Equity-to-Asset: 0.34 (near median its 10-year median of 0.32)
GF Value™: $491.76 vs. price of $57.42 (88.3% below fair value)
Industry Position: 40.4% below the Hardware median (#2020 of 2500)
No single metric tells the full story. See the 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.
44GF Score
Get the complete analysis for ASTS
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASTS has been successfully added to your 
