Ascent Industries (ACNT) Debt Ratio (2011 - 2023)
Ascent Industries (ACNT) reported Debt Ratio of 0.25 for Q3 2023, up 1.61% on a YoY basis from 0.24 in Q3 2022, and up 5.01% quarter-over-quarter from 0.23 in Q2 2023.
Ascent Industries (ACNT) Debt Ratio (2011 - 2023) Analysis & Trends
Ascent Industries has reported Debt Ratio for 13 years, with the latest figure at 0.25 in Q3 2023.
- For the quarter ending Q3 2023, Debt Ratio rose 1.61% year-over-year to 0.25; the trailing twelve-month figure through Sep 2023 stood at 0.25 (up 1.61% YoY), and the FY2022 full-year result was 0.27, changed 0.49% from the prior year.
- Debt Ratio for Q3 2023 stood at 0.25, up from 0.23 in the prior quarter.
- The five-year high for Debt Ratio was 0.32 in Q1 2019, with the low at 0.22 in Q3 2021.
- Historically, Debt Ratio has averaged 0.27 across 5 years, with a median of 0.27 in 2021.
- Annual changes were most pronounced in 2019 — Debt Ratio surged 63.33% — and 2021, when it tumbled 31.2%.
- Ascent Industries' Debt Ratio 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 grew by 0.49% to 0.27 in 2022, then declined by 7.38% to 0.25 in 2023.
- The last three Debt Ratio figures came in at 0.25 (Q3 2023), 0.23 (Q2 2023), and 0.23 (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Celanese | 5.60 Bn | 4.26 Bn | 468.00 Mn | 0.58 |
| 2 | Methanex | 4.42 Bn | 4.43 Bn | - | - |
| 3 | Olin | 2.80 Bn | 2.60 Bn | 75.80 Mn | 0.41 |
| 4 | Rex American Resources | 1.47 Bn | 1.19 Bn | 28.91 Mn | - |
| 5 | Tronox Holdings | 1.13 Bn | 1.03 Bn | 44.00 Mn | 0.52 |
| 6 | Green Plains | 1.02 Bn | 844.99 Mn | 87.95 Mn | 0.29 |
| 7 | Lsb Industries | 860.60 Mn | 678.96 Mn | 35.79 Mn | 0.37 |
| 8 | Westlake Chemical Partners | 818.06 Mn | 773.77 Mn | 93.76 Mn | 0.31 |
| 9 | ASP Isotopes | 776.82 Mn | 496.37 Mn | 1.67 Mn | 0.09 |
| 10 | Ascent Industries | 129.59 Mn | 81.77 Mn | 2.81 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 0.25 |
| Jun 30, 2023 | 0.23 |
| Mar 31, 2023 | 0.23 |
| Dec 31, 2022 | 0.27 |
| Sep 30, 2022 | 0.24 |
| Jun 30, 2022 | 0.22 |
| Mar 31, 2022 | 0.25 |
| Dec 31, 2021 | 0.26 |
| Sep 30, 2021 | 0.22 |
| Jun 30, 2021 | 0.27 |
| Mar 31, 2021 | 0.30 |
| Dec 31, 2020 | 0.30 |
| Sep 30, 2020 | 0.32 |
| Jun 30, 2020 | 0.31 |
| Mar 31, 2020 | 0.30 |
| 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 |