AST SpaceMobile annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
AST SpaceMobile Debt-to-Equity Ratio Growth & History (ASTS)
AST SpaceMobile's debt-to-equity ratio was 0.94 for fiscal 2025.
View full AST SpaceMobile company overviewAST SpaceMobile annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.94 | 0.68 | +262.08% |
| 2024 | 2024-12-31 | 0.26 | −0.08 | −24.23% |
| 2023 | 2023-12-31 | 0.34 | 0.31 | +861.64% |
| 2022 | 2022-12-31 | 0.04 | −0.00 | −5.09% |
| 2021 | 2021-12-31 | 0.04 | −1.37 | −97.35% |
| 2020 | 2020-12-31 | 1.41 | — | — |
AST SpaceMobile quarterly debt-to-equity ratio
Q4.20
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.25 | 0.81 | +185.90% |
| Q1 2026 | 2026-03-31 | 1.12 | 0.50 | +79.65% |
| Q4 2025 | 2025-12-31 | 0.94 | 0.68 | +262.08% |
| Q3 2025 | 2025-09-30 | 0.44 | 0.02 | +4.65% |
| Q2 2025 | 2025-06-30 | 0.44 | −0.44 | −50.24% |
| Q1 2025 | 2025-03-31 | 0.63 | 0.02 | +2.80% |
| Q4 2024 | 2024-12-31 | 0.26 | −0.08 | −24.23% |
| Q3 2024 | 2024-09-30 | 0.42 | 0.17 | +69.02% |
| Q2 2024 | 2024-06-30 | 0.88 | 0.82 | +1493.47% |
| Q1 2024 | 2024-03-31 | 0.61 | 0.55 | +972.06% |
| Q4 2023 | 2023-12-31 | 0.34 | 0.31 | +861.64% |
| Q3 2023 | 2023-09-30 | 0.25 | 0.21 | +473.34% |
| Q2 2023 | 2023-06-30 | 0.06 | 0.01 | +32.49% |
| Q1 2023 | 2023-03-31 | 0.06 | 0.01 | +35.77% |
| Q4 2022 | 2022-12-31 | 0.04 | −0.00 | −5.09% |
| Q3 2022 | 2022-09-30 | 0.04 | 0.02 | +129.61% |
| Q2 2022 | 2022-06-30 | 0.04 | 0.02 | +110.72% |
| Q1 2022 | 2022-03-31 | 0.04 | — | — |
| Q4 2021 | 2021-12-31 | 0.04 | −1.37 | −97.35% |
| Q3 2021 | 2021-09-30 | 0.02 | — | — |
| Q2 2021 | 2021-06-30 | 0.02 | — | — |
| Q4 2020 | 2020-12-31 | 1.41 | — | — |
AST SpaceMobile debt-to-equity ratio trends
Over the last five fiscal years, AST SpaceMobile's debt-to-equity ratio decreased from 1.41 to 0.94, a change of −0.47. The latest reported quarter, Q2 2026, shows 1.25.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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