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| 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 |