Ascent Industries (ACNT) Debt Ratio (2011 - 2023)

Ascent Industries (ACNT) posted Debt Ratio of 0.25 for Q3 2023, up 5.01% on a QoQ basis from 0.23 in Q2 2023, and down 1.73% year-over-year from 0.25 in Q3 2022.

Ascent Industries (ACNT) Debt Ratio (2011 - 2023) Analysis & Trends

Ascent Industries' Debt Ratio history runs 13 years deep, the most recent figure standing at 0.25 for 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 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 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 declined 28.74%.
  • Ascent Industries' Debt Ratio stood at 0.29 in 2019, then increased by 0.93% to 0.3 in 2020, then declined by 10.75% to 0.26 in 2021, then grew by 3.96% to 0.28 in 2022, then decreased by 10.46% to 0.25 in 2023.
  • Business Quant data shows ACNT's Debt Ratio at 0.25 in Q3 2023, 0.23 in Q2 2023, and 0.24 in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Celanese 5.19 Bn 3.86 Bn 468.00 Mn 0.58
2 Methanex 4.49 Bn 4.40 Bn - -
3 Olin 2.69 Bn 2.50 Bn 75.80 Mn 0.41
4 Braskem 1.98 Bn -218.50 Mn - 0.63
5 Rex American Resources 1.49 Bn 1.21 Bn 28.91 Mn -
6 Green Plains 1.18 Bn 1.01 Bn 87.95 Mn 0.29
7 Tronox Holdings 1.02 Bn 1.04 Bn 44.00 Mn 0.52
8 Lsb Industries 880.78 Mn 699.14 Mn 35.79 Mn 0.38
9 Westlake Chemical Partners 775.06 Mn 730.77 Mn 93.76 Mn 0.31
10 Ascent Industries 142.87 Mn 95.05 Mn 2.81 Mn -

Historic Data

Download Data
DateValue
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