Ast Spacemobile Inc (ASTS) - Net Assets
Based on the latest financial reports, Ast Spacemobile Inc (ASTS) has net assets worth $1.63 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.55 Billion) and total liabilities ($924.88 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 Ast Spacemobile Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.63 Billion |
| % of Total Assets | 63.74% |
| Annual Growth Rate | 95.28% |
| 5-Year Change | 736.57% |
| 10-Year Change | N/A |
| Growth Volatility | 588.58 |
Ast Spacemobile Inc - Net Assets Trend (2018–2024)
This chart illustrates how Ast Spacemobile Inc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Ast Spacemobile Inc for the complete picture of this company's asset base.
Annual Net Assets for Ast Spacemobile Inc (2018–2024)
The table below shows the annual net assets of Ast Spacemobile Inc from 2018 to 2024. For live valuation and market cap data, see Ast Spacemobile Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $669.15 Million | +213.33% |
| 2023-12-31 | $213.56 Million | -40.65% |
| 2022-12-31 | $359.83 Million | +2.23% |
| 2021-12-31 | $351.97 Million | +340.04% |
| 2020-12-31 | $79.99 Million | -61.46% |
| 2019-12-31 | $207.56 Million | +1621.61% |
| 2018-12-31 | $12.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ast Spacemobile 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 48478300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $32.00K | 0.01% |
| Other Comprehensive Income | $-176.00K | -0.04% |
| Other Components | $969.00 Million | 202.25% |
| Total Equity | $479.12 Million | 100.00% |
Ast Spacemobile Inc Competitors by Market Cap
The table below lists competitors of Ast Spacemobile Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Banco Santander (Brasil) S.A.
SA:SANB11
|
$20.93 Billion |
|
CRRC Corp Ltd Class A
SHG:601766
|
$20.93 Billion |
|
A.P. Møller - Mærsk A/S
CO:MAERSK-A
|
$20.96 Billion |
|
First Solar Inc
NASDAQ:FSLR
|
$20.97 Billion |
|
Lens Technology Co Ltd
SHE:300433
|
$20.82 Billion |
|
International Flavors & Fragrances Inc
NYSE:IFF
|
$20.76 Billion |
|
Fubon Financial Holding Co Ltd Pref
TW:2881A
|
$20.70 Billion |
|
China United Network Communications Ltd
SHG:600050
|
$20.68 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ast Spacemobile Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 98,991,000 to 479,115,000, a change of 380,124,000 (384.0%).
- Net loss of 300,083,000 reduced equity.
- New share issuances of 551,947,000 increased equity.
- Other comprehensive income decreased equity by 403,000.
- Other factors increased equity by 128,663,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-300.08 Million | -62.63% |
| Share Issuances | $551.95 Million | +115.2% |
| Other Comprehensive Income | $-403.00K | -0.08% |
| Other Changes | $128.66 Million | +26.85% |
| Total Change | $- | 384.00% |
Book Value vs Market Value Analysis
This analysis compares Ast Spacemobile 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: 24.20x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 213489.39x to 24.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.00 | $75.05 | x |
| 2019-12-31 | $7.22 | $75.05 | x |
| 2020-12-31 | $1.50 | $75.05 | x |
| 2021-12-31 | $1.94 | $75.05 | x |
| 2022-12-31 | $2.45 | $75.05 | x |
| 2023-12-31 | $1.21 | $75.05 | x |
| 2024-12-31 | $3.10 | $75.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ast Spacemobile 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): -62.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6792.28%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.99x
- Recent ROE (-62.63%) is below the historical average (-41.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -48.65% | -1246.63% | 0.03x | 1.45x | $-5.35 Million |
| 2019 | -5.24% | -769.80% | 0.01x | 1.12x | $-31.64 Million |
| 2020 | -31.05% | -403.23% | 0.06x | 1.29x | $-31.81 Million |
| 2021 | -30.47% | -246.30% | 0.03x | 4.43x | $-40.58 Million |
| 2022 | -23.69% | -228.86% | 0.03x | 3.28x | $-44.99 Million |
| 2023 | -88.45% | -359.71% | 0.07x | 3.65x | $-97.46 Million |
| 2024 | -62.63% | -6792.28% | 0.00x | 1.99x | $-347.99 Million |
Industry Comparison
This section compares Ast Spacemobile Inc's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $245,643,507
- Average return on equity (ROE) among peers: -28.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ast Spacemobile Inc (ASTS) | $1.63 Billion | -48.65% | 0.57x | $20.84 Billion |
| Applied Opt (AAOI) | $273.79 Million | -24.12% | 0.71x | $2.97 Billion |
| ADTRAN Inc (ADTN) | $400.05 Million | 12.73% | 0.39x | $829.20 Million |
| Airgain Inc (AIRG) | $2.67 Million | -84.80% | 1.52x | $58.36 Million |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $138.60K |
| Amplitech Group Inc (AMPG) | $915.30K | 35.94% | 0.54x | $55.40 Million |
| Actelis Networks Inc. (ASNS) | $-8.81 Million | 0.00% | 0.00x | $789.72K |
| Aviat Networks Inc (AVNW) | $149.90 Million | -10.01% | 1.04x | $203.99 Million |
| Belden Inc (BDC) | $1.43 Billion | 6.50% | 1.67x | $4.41 Billion |
| BK Technologies Inc (BKTI) | $14.50 Million | -192.41% | 0.75x | $295.52 Million |
About Ast Spacemobile Inc
AST SpaceMobile, Inc., together with its subsidiaries, designs and develops the constellation of BlueBird satellites in the United States. The company provides a cellular broadband network in space to be accessible directly by smartphones for commercial use and other applications, as well as for government use. Its SpaceMobile service provides cellular broadband services to end-users who are out … Read more