ASTS (AST SpaceMobile) LT-Debt-to-Total-Asset : 0.18 (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is AST SpaceMobile LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. AST SpaceMobile's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.18.

AST SpaceMobile's long-term debt to total assets ratio declined from Dec. 2023 (0.20) to Dec. 2024 (0.18). It may suggest that AST SpaceMobile is progressively becoming less dependent on debt to grow their business.

AST SpaceMobile LT-Debt-to-Total-Asset Historical Data

The historical data trend for AST SpaceMobile's LT-Debt-to-Total-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.

* Premium members only.

AST SpaceMobile LT-Debt-to-Total-Asset Chart

AST SpaceMobile Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.07

0.03

0.20

0.18

AST SpaceMobile Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.20	0.34	0.36	0.20	0.18

AST SpaceMobile LT-Debt-to-Total-Asset Calculation

AST SpaceMobile's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	168.225	/	954.561
	=	0.18

AST SpaceMobile's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	168.225	/	954.561
	=	0.18

AST SpaceMobile (NAS:ASTS) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

AST SpaceMobile LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of AST SpaceMobile's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

AST SpaceMobile Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AST SpaceMobile Inc (NAS:ASTS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ASTS:Mexico 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. 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.

Executives

Shanti B. Gupta	officer: Chief Accounting Officer	AST SCIENCE MIDLAND INTL AIR&SPACE PORT, 2901 ENTERPRISE LANE, MIDLAND TX 79706
Julio A. Torres	director	CARRERA 10 NO. 28-49, TORRE A. OFICINA 20-05, BOGOTA F8 XXXXX
Ronald L Rubin	director	601 CLEARWATER PARK RD, WEST PALM BEACH FL 33401
Adriana Cisneros	director	700 NW 1ST AVENUE, SUITE 1700, MIAMI FL 33136
Sean R. Wallace	officer: Chief Financial Officer	C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Atc Trs Ii Llc	other: Member of 10% owner group	116 HUNTINGTON AVENUE, BOSTON MA 02116
American Tower Corp /ma/	other: Member of 10% owner group	116 HUNTINGTON AVE, BOSTON MA 02116
Invesat Llc	10 percent owner	700 NW 1ST AVENUE, SUITE 1700, MIAMI FL 33136
Richard Sarnoff	director	C/O AUDIBLE INC, 65 WILLOWBROOK BLVD, WAYNE NJ 07470
Vodafone Ventures Ltd	10 percent owner	VODAFONE HOUSE, THE CONNECTION, NEWBURY X0 RG14 2FN
Brian Heller	officer: EVP, GC & Secretary	C/O AST SPACEMOBILE 2901 ENTERPRISE LANE, MIDLAND INTL. AIR & SPACE PORT, MIDLAND TX 79706
Tareq Amin	director	C/O AST SPACEMOBILE 2901 ENTERPRISE LANE, MIDLAND INTL. AIR & SPACE PORT, MIDLAND TX 79706
Luke Ibbetson	director	C/O AST SPACEMOBILE 2901 ENTERPRISE LANE, MIDLAND INTL. AIR & SPACE PORT, MIDLAND TX 79706
Gustavo A Cisneros	10 percent owner	FINSER CORP, 550 BILTMORE WAY, CORAL GABLES FL 33134
Vodafone Group Public Ltd Co	10 percent owner	VODAFONE HOUSE, THE CONNECTION, NEWBURY, BERKSHIRE X0 RG14 2FN