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

AST SpaceMobile (AST SpaceMobile) Equity-to-Asset : 0.27 (As of Dec. 2023)


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

What is AST SpaceMobile Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AST SpaceMobile's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $98.99 Mil. AST SpaceMobile's Total Assets for the quarter that ended in Dec. 2023 was $360.89 Mil.

The historical rank and industry rank for AST SpaceMobile's Equity-to-Asset or its related term are showing as below:

ASTS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.29   Max: 0.78
Current: 0.27

During the past 4 years, the highest Equity to Asset Ratio of AST SpaceMobile was 0.78. The lowest was 0.23. And the median was 0.29.

ASTS's Equity-to-Asset is ranked worse than
87.93% of 2485 companies
in the Hardware industry
Industry Median: 0.57 vs ASTS: 0.27

AST SpaceMobile Equity-to-Asset Historical Data

The historical data trend for AST SpaceMobile's Equity-to-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 Equity-to-Asset Chart

AST SpaceMobile Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.78 0.23 0.31 0.27

AST SpaceMobile Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.30 0.36 0.32 0.27

Competitive Comparison of AST SpaceMobile's Equity-to-Asset

For the Communication Equipment subindustry, AST SpaceMobile's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AST SpaceMobile's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AST SpaceMobile's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where AST SpaceMobile's Equity-to-Asset falls into.



AST SpaceMobile Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

AST SpaceMobile's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=98.991/360.892
=

AST SpaceMobile's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=98.991/360.892
=

* 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.


AST SpaceMobile  (NAS:ASTS) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


AST SpaceMobile Equity-to-Asset Related Terms

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


AST SpaceMobile (AST SpaceMobile) Business Description

Traded in Other Exchanges
Address
2901 Enterprise Lane, Midland Intl. Air & Space Port, Midland, TX, USA, 79706
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 and finally bringing broadband to the billions who remain unconnected.
Executives
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
Shanti B. Gupta officer: Chief Accounting Officer AST SCIENCE MIDLAND INTL AIR&SPACE PORT, 2901 ENTERPRISE LANE, MIDLAND TX 79706
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
Ronald L Rubin director 601 CLEARWATER PARK RD, WEST PALM BEACH FL 33401
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
Hiroshi Mikitani director C/O LYFT, INC., 185 BERRY STREET, SUITE 5000, SAN FRANCISCO CA 94107