Ascent Solar Technologies, Inc. (ASTI) - Net Assets
Based on the latest financial reports, Ascent Solar Technologies, Inc. (ASTI) has net assets worth $15.27 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.10 Million) and total liabilities ($2.83 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check strategic asset allocation of Ascent Solar Technologies, Inc. to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $15.27 Million |
| % of Total Assets | 84.36% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 219.73 |
Ascent Solar Technologies, Inc. - Net Assets Trend (2005–2025)
This chart illustrates how Ascent Solar Technologies, Inc.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Ascent Solar Technologies, Inc. (ASTI) market capitalisation.
Annual Net Assets for Ascent Solar Technologies, Inc. (2005–2025)
The table below shows the annual net assets of Ascent Solar Technologies, Inc. from 2005 to 2025. Also explore net asset momentum of Ascent Solar Technologies, Inc. to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $3.34 Million | -1.24% |
| 2024-12-31 | $3.38 Million | +321.40% |
| 2023-12-31 | $-1.53 Million | -133.29% |
| 2022-12-31 | $4.59 Million | +261.83% |
| 2021-12-31 | $-2.83 Million | +85.97% |
| 2020-12-31 | $-20.19 Million | +19.57% |
| 2019-12-31 | $-25.11 Million | -10.92% |
| 2018-12-31 | $-22.64 Million | -48.90% |
| 2017-12-31 | $-15.20 Million | -8.66% |
| 2016-12-31 | $-13.99 Million | -642.56% |
| 2015-12-31 | $2.58 Million | -66.36% |
| 2014-12-31 | $7.66 Million | -53.98% |
| 2013-12-31 | $16.66 Million | -51.34% |
| 2012-12-31 | $34.23 Million | -31.55% |
| 2011-12-31 | $50.00 Million | -65.88% |
| 2010-12-31 | $146.57 Million | -5.02% |
| 2009-12-31 | $154.32 Million | +10.53% |
| 2008-12-31 | $139.62 Million | +187.15% |
| 2007-12-31 | $48.62 Million | +346.03% |
| 2006-12-31 | $10.90 Million | +5310.08% |
| 2005-12-31 | $-209.23K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ascent Solar Technologies, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 49823423100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $466.00 | 0.01% |
| Other Comprehensive Income | $12.81K | 0.38% |
| Other Components | $502.77 Million | 15062.58% |
| Total Equity | $3.34 Million | 100.00% |
Ascent Solar Technologies, Inc. Competitors by Market Cap
The table below lists competitors of Ascent Solar Technologies, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS
IS:FLAP
|
$27.13 Million |
|
Pineapple Financial Inc.
NYSE MKT:PAPL
|
$27.13 Million |
|
Janus Electric Holdings Ltd
AU:JNS
|
$27.14 Million |
|
GeneBioTech Co. Ltd
KQ:086060
|
$27.14 Million |
|
SONOKONG Co. Ltd
KQ:066910
|
$27.09 Million |
|
Vmoto Ltd
AU:VMT
|
$27.09 Million |
|
Star Paper Mills Limited
NSE:STARPAPER
|
$27.05 Million |
|
Romcarbon Sa B
RO:ROCE
|
$27.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ascent Solar Technologies, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,379,923 to 3,337,849, a change of -42,074 (-1.2%).
- Net loss of 7,832,755 reduced equity.
- New share issuances of 6,570,181 increased equity.
- Other comprehensive income increased equity by 7,892.
- Other factors increased equity by 1,212,608.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.83 Million | -234.66% |
| Share Issuances | $6.57 Million | +196.84% |
| Other Comprehensive Income | $7.89K | +0.24% |
| Other Changes | $1.21 Million | +36.33% |
| Total Change | $- | -1.24% |
Book Value vs Market Value Analysis
This analysis compares Ascent Solar Technologies, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.11x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $-209230.00 | $2.76 | x |
| 2006-12-31 | $419271.15 | $2.76 | x |
| 2007-12-31 | $853018.51 | $2.76 | x |
| 2008-12-31 | $1342481.80 | $2.76 | x |
| 2009-12-31 | $1169053.14 | $2.76 | x |
| 2010-12-31 | $910348.54 | $2.76 | x |
| 2011-12-31 | $255115.14 | $2.76 | x |
| 2012-12-31 | $134222.47 | $2.76 | x |
| 2013-12-31 | $54078.47 | $2.76 | x |
| 2014-12-31 | $8423.07 | $2.76 | x |
| 2015-12-31 | $0.00 | $2.76 | x |
| 2016-12-31 | $-155456400.00 | $2.76 | x |
| 2017-12-31 | $-2585431.12 | $2.76 | x |
| 2018-12-31 | $-977370.29 | $2.76 | x |
| 2019-12-31 | $-81.64 | $2.76 | x |
| 2020-12-31 | $-111559.13 | $2.76 | x |
| 2021-12-31 | $-11856.09 | $2.76 | x |
| 2022-12-31 | $3077.54 | $2.76 | x |
| 2023-12-31 | $-148.94 | $2.76 | x |
| 2024-12-31 | $3.83 | $2.76 | x |
| 2025-12-31 | $1.31 | $2.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ascent Solar Technologies, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -234.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10202.49%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.90x
- Recent ROE (-234.66%) is below the historical average (-182.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.19 Million |
| 2006 | -38.35% | 0.00% | 0.00x | 1.04x | $-5.27 Million |
| 2007 | -13.38% | -648.61% | 0.02x | 1.02x | $-11.37 Million |
| 2008 | -9.47% | -881.16% | 0.01x | 1.10x | $-27.18 Million |
| 2009 | -13.56% | -1428.81% | 0.01x | 1.12x | $-36.35 Million |
| 2010 | -21.31% | -1258.67% | 0.02x | 1.09x | $-45.89 Million |
| 2011 | -211.48% | -2677.12% | 0.06x | 1.23x | $-110.74 Million |
| 2012 | -84.05% | -2403.05% | 0.03x | 1.27x | $-32.19 Million |
| 2013 | -173.56% | -2195.93% | 0.05x | 1.71x | $-30.57 Million |
| 2014 | -565.62% | -812.56% | 0.10x | 7.30x | $-44.12 Million |
| 2015 | -1776.01% | -700.59% | 0.35x | 7.27x | $-46.06 Million |
| 2016 | 0.00% | -2223.40% | 0.15x | 0.00x | $-37.45 Million |
| 2017 | 0.00% | -2890.18% | 0.08x | 0.00x | $-17.04 Million |
| 2018 | 0.00% | -1859.49% | 0.14x | 0.00x | $-13.77 Million |
| 2019 | 0.00% | -762.60% | 0.11x | 0.00x | $-2.36 Million |
| 2020 | 0.00% | 2428.12% | 0.01x | 0.00x | $3.64 Million |
| 2021 | 0.00% | -987.19% | 0.05x | 0.00x | $-5.72 Million |
| 2022 | -430.80% | -1615.55% | 0.07x | 4.07x | $-20.21 Million |
| 2023 | 0.00% | -3724.94% | 0.07x | 0.00x | $-16.92 Million |
| 2024 | -270.13% | -21794.27% | 0.01x | 2.11x | $-9.47 Million |
| 2025 | -234.66% | -10202.49% | 0.01x | 1.90x | $-8.17 Million |
Industry Comparison
This section compares Ascent Solar Technologies, Inc.'s net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $1,946,881,371
- Average return on equity (ROE) among peers: 7.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ascent Solar Technologies, Inc. (ASTI) | $15.27 Million | 0.00% | 0.19x | $27.09 Million |
| Array Technologies Inc (ARRY) | $0.00 | 0.00% | 0.00x | $669.04 Million |
| Beam Global (BEEM) | $-1.39 Million | 0.00% | 0.00x | $27.02 Million |
| Canadian Solar Inc (CSIQ) | $332.16 Million | -2.83% | 0.72x | $819.74 Million |
| Complete Solaria, Inc. Common Stock (CSLR) | $-21.39 Million | 0.00% | 0.00x | $114.71 Million |
| Enphase Energy Inc (ENPH) | $272.21 Million | 59.20% | 1.62x | $4.80 Billion |
| First Solar Inc (FSLR) | $4.50 Billion | 7.79% | 0.53x | $21.74 Billion |
| FTC Solar Inc (FTCI) | $-8.45 Million | 0.00% | 0.00x | $34.86 Million |
| iSun, Inc. (ISUNQ) | $4.64 Million | -0.68% | 0.76x | $4.74K |
| JinkoSolar Holding Company Limited (JKS) | $12.44 Billion | 7.22% | 2.85x | $553.20 Million |
About Ascent Solar Technologies, Inc.
Ascent Solar Technologies, Inc., a solar technology company, engages in the manufacture and sale of photovoltaic solar modules in the United States. The company's technology provides renewable power solutions to high-value production and specialty solar markets, including space power beaming, aerospace, satellites, near earth orbiting vehicles, fixed wing unmanned, aerial vehicles, aquatic, terre… Read more