Growth Metrics

Ascent Industries (ACNT) Debt Ratio (2016 - 2023)

Ascent Industries (ACNT) has disclosed Debt Ratio for 13 consecutive years, with 0.25 as the latest value for Q3 2023.

  • For the quarter ending Q3 2023, Debt Ratio rose 1.61% year-over-year to 0.25, compared with a TTM value of 0.25 through Sep 2023, up 1.61%, and an annual FY2022 reading of 0.27, changed 0.49% over the prior year.
  • Debt Ratio was 0.25 for Q3 2023 at Ascent Industries, up from 0.23 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.32 in Q1 2019 and bottomed at 0.22 in Q3 2021.
  • Average Debt Ratio over 5 years is 0.27, with a median of 0.27 recorded in 2021.
  • The sharpest move saw Debt Ratio soared 63.33% in 2019, then dropped 18.68% in 2022.
  • Year by year, Debt Ratio stood at 0.29 in 2019, then increased by 0.93% to 0.3 in 2020, then decreased by 10.75% to 0.26 in 2021, then rose by 0.49% to 0.27 in 2022, then dropped by 7.38% to 0.25 in 2023.
  • Business Quant data shows Debt Ratio for ACNT at 0.25 in Q3 2023, 0.23 in Q2 2023, and 0.23 in Q1 2023.