Ascent Solar Gross Profit vs. Revenue

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.
 
Gross Profit  
First Reported
2006-03-31
Previous Quarter
-171.6 K
Current Value
-68.2 K
Quarterly Volatility
604 K
 
Housing Crash
 
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 Revenue vs. Gross Profit 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 gross profit category among its peers. It also is rated below average in revenue category among its peers . The last year's value of Gross Profit was reported at (1.43 Million). 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 Revenue vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Ascent Solar

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
(6.76 M)
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Ascent Solar

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
458.26 K
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Ascent Revenue vs Competition

Ascent Solar Technologies, is rated below average in revenue category among its peers. Market size based on revenue of Information Technology industry is presently estimated at about 40.89 Billion. Ascent Solar adds roughly 458,260 in revenue claiming only tiny portion of equities under Information Technology industry.

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 Corporate Bonds Funds Thematic Idea Now

Corporate Bonds Funds
Corporate Bonds Funds Theme
Funds or Etfs investing in different types of corporate debt instruments. The Corporate Bonds Funds theme has 45 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 Corporate Bonds Funds 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.