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
DateValue
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