Ascent Solar Cash Per Share vs. Shares Owned By Insiders

ASTI Stock  USD 2.56  0.01  0.39%   
Considering Ascent Solar's profitability and operating efficiency indicators, Ascent Solar Technologies, may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Ascent Solar's ability to earn profits and add value for shareholders.
 
Cash Per Share  
First Reported
2010-12-31
Previous Quarter
1.02305733
Current Value
0.97
Quarterly Volatility
106.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
The current Price To Sales Ratio is estimated to decrease to 184.88. The current Days Sales Outstanding is estimated to decrease to 0.58. As of now, Ascent Solar's Non Operating Income Net Other is increasing as compared to previous years. The Ascent Solar's current Change To Netincome is estimated to increase to about 6.4 M, while Accumulated Other Comprehensive Income is projected to decrease to 8,489.
For Ascent Solar profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ascent Solar to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ascent Solar Technologies, utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ascent Solar's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ascent Solar Technologies, over time as well as its relative position and ranking within its peers.
  
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Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ascent Solar. If investors know Ascent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ascent Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.90)
Earnings Share
2.2 K
Revenue Per Share
1.79
Quarterly Revenue Growth
(0.73)
Return On Assets
(0.49)
The market value of Ascent Solar Technol is measured differently than its book value, which is the value of Ascent that is recorded on the company's balance sheet. Investors also form their own opinion of Ascent Solar's value that differs from its market value or its book value, called intrinsic value, which is Ascent Solar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ascent Solar's market value can be influenced by many factors that don't directly affect Ascent Solar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ascent Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ascent Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ascent Solar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Ascent Solar Technol Shares Owned By Insiders vs. Cash Per Share Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Ascent Solar's current stock value. Our valuation model uses many indicators to compare Ascent Solar value to that of its competitors to determine the firm's financial worth.
Ascent Solar Technologies, is rated below average in cash per share category among its peers. It is rated fourth in shares owned by insiders category among its peers making about  27.50  of Shares Owned By Insiders per Cash Per Share. As of now, Ascent Solar's Cash Per Share is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ascent Solar's earnings, one of the primary drivers of an investment's value.

Ascent Shares Owned By Insiders vs. Cash Per Share

Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Ascent Solar

Cash Per Share

 = 

Total Cash

Average Shares

 = 
0.01 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.

Ascent Solar

Insiders Shares

 = 

Executives Shares

+

Employees

 = 
0.27 %
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.

Ascent Shares Owned By Insiders Comparison

Ascent Solar is currently under evaluation in shares owned by insiders category among its peers.

Ascent Solar Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Ascent Solar, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ascent Solar will eventually generate negative long term returns. The profitability progress is the general direction of Ascent Solar's change in net profit over the period of time. It can combine multiple indicators of Ascent Solar, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income8.9 K8.5 K
Operating Income-15.6 M-16.4 M
Income Before Tax-17.1 M-17.9 M
Total Other Income Expense Net-1.4 M-1.5 M
Net Loss-17.1 M-17.9 M
Income Tax Expense(4.00)(4.20)
Net Loss-17.1 M-18 M
Non Operating Income Net Other4.5 M4.7 M
Net Loss-22.7 M-23.9 M
Net Interest Income-2.5 M-2.6 M
Change To NetincomeM6.4 M
Net Loss(16.65)(17.48)
Income Quality 0.56  0.51 
Net Income Per E B T 0.90  0.95 

Ascent Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Ascent Solar. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ascent Solar position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ascent Solar's important profitability drivers and their relationship over time.

Use Ascent Solar in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ascent Solar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ascent Solar will appreciate offsetting losses from the drop in the long position's value.

Ascent Solar Pair Trading

Ascent Solar Technologies, Pair Trading Analysis

The ability to find closely correlated positions to Ascent Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ascent Solar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ascent Solar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ascent Solar Technologies, to buy it.
The correlation of Ascent Solar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ascent Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ascent Solar Technol moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ascent Solar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Ascent Solar position

In addition to having Ascent Solar in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Utilities - Regulated Electric Thematic Idea Now

Utilities - Regulated Electric
Utilities - Regulated Electric Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities - Regulated Electric theme has 7 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities - Regulated Electric Theme or any other thematic opportunities.
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When determining whether Ascent Solar Technol offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ascent Solar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ascent Solar Technologies, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ascent Solar Technologies, Stock:
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You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
To fully project Ascent Solar's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ascent Solar Technol at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Ascent Solar's income statement, its balance sheet, and the statement of cash flows.
Potential Ascent Solar investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Ascent Solar investors may work on each financial statement separately, they are all related. The changes in Ascent Solar's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ascent Solar's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.