Ascent Industries (ACNT) Debt Ratio (2011 - 2023)
Ascent Industries' (ACNT) quarterly Debt Ratio came in at 0.25 in Q3 2023, down 1.73% YoY from 0.25 in Q3 2022, and up 5.01% on a QoQ basis from 0.23 in Q2 2023.
Ascent Industries (ACNT) Debt Ratio (2011 - 2023) Analysis & Trends
Ascent Industries (ACNT) has 13 years of Debt Ratio data on file, last reported at 0.25 in Q3 2023.
- Quarterly Debt Ratio fell 1.73% year-over-year to 0.25 in Q3 2023, while the trailing twelve-month figure through Sep 2023 was 0.25 (down 1.73% YoY) and the FY2022 annual result came in at 0.28, up 3.96% from the prior year.
- Debt Ratio rose to 0.25 in Q3 2023, from 0.23 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.32 in Q1 2019 to a low of 0.22 in Q2 2022.
- A 5-year average of 0.28 and a median of 0.28 in 2021 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2019 — Debt Ratio surged 63.33% — and 2021, when it decreased 28.74%.
- Tracing ACNT's Debt Ratio over 5 years: stood at 0.29 in 2019, then climbed by 0.93% to 0.3 in 2020, then slipped by 10.75% to 0.26 in 2021, then advanced by 3.96% to 0.28 in 2022, then fell by 10.46% to 0.25 in 2023.
- The last three Debt Ratio figures came in at 0.25 (Q3 2023), 0.23 (Q2 2023), and 0.24 (Q1 2023), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Celanese | 5.14 Bn | 3.78 Bn | 618.00 Mn | 0.62 |
| 2 | Methanex | 4.55 Bn | 4.16 Bn | - | - |
| 3 | Olin | 2.12 Bn | 1.94 Bn | 170.20 Mn | 0.41 |
| 4 | Braskem | 1.59 Bn | -362.05 Mn | - | 0.63 |
| 5 | Rex American Resources | 1.47 Bn | 1.10 Bn | 29.07 Mn | - |
| 6 | Green Plains | 1.11 Bn | 864.79 Mn | 113.03 Mn | 0.28 |
| 7 | Tronox Holdings | 895.13 Mn | 701.13 Mn | 55.00 Mn | 0.54 |
| 8 | Lsb Industries | 776.55 Mn | 558.19 Mn | 11.46 Mn | 0.36 |
| 9 | Westlake Chemical Partners | 761.87 Mn | 712.54 Mn | 94.81 Mn | 0.33 |
| 10 | Ascent Industries | 135.71 Mn | 107.64 Mn | 5.55 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 0.25 |
| Jun 30, 2023 | 0.23 |
| Mar 31, 2023 | 0.24 |
| Dec 31, 2022 | 0.28 |
| Sep 30, 2022 | 0.25 |
| Jun 30, 2022 | 0.22 |
| Mar 31, 2022 | 0.25 |
| Dec 31, 2021 | 0.26 |
| Sep 30, 2021 | 0.23 |
| Jun 30, 2021 | 0.28 |
| Mar 31, 2021 | 0.30 |
| Dec 31, 2020 | 0.30 |
| Sep 30, 2020 | 0.32 |
| Jun 30, 2020 | 0.31 |
| Mar 31, 2020 | 0.31 |
| Dec 31, 2019 | 0.29 |
| Sep 30, 2019 | 0.31 |
| Jun 30, 2019 | 0.30 |
| Mar 31, 2019 | 0.32 |
| Dec 31, 2018 | 0.33 |