Ascent Industries (ACNT) Debt to Equity (2011 - 2023)
Ascent Industries (ACNT) reported Debt to Equity of $0.55 for Q3 2023, up 2.01% on a YoY basis from $0.54 in Q3 2022, and up 15.42% quarter-over-quarter from $0.48 in Q2 2023.
Ascent Industries (ACNT) Debt to Equity (2011 - 2023) Analysis & Trends
Ascent Industries has reported Debt to Equity for 13 years, with the latest figure at $0.55 in Q3 2023.
- For the quarter ending Q3 2023, Debt to Equity rose 2.01% year-over-year to $0.55; the trailing twelve-month figure through Sep 2023 stood at $0.55 (up 2.01% YoY), and the FY2022 full-year result was $0.53, down 15.52% from the prior year.
- Debt to Equity for Q3 2023 stood at $0.55, up from $0.48 in the prior quarter.
- The five-year high for Debt to Equity was $0.86 in Q1 2019, with the low at $0.45 in Q1 2023.
- Historically, Debt to Equity has averaged $0.66 across 5 years, with a median of $0.7 in 2021.
- Annual changes were most pronounced in 2019 — Debt to Equity soared 134.25% — and 2021, when it plunged 35.08%.
- Ascent Industries' Debt to Equity stood at $0.71 in 2019, then advanced by 7.75% to $0.76 in 2020, then slipped by 17.47% to $0.63 in 2021, then decreased by 15.52% to $0.53 in 2022, then grew by 3.29% to $0.55 in 2023.
- The last three Debt to Equity figures came in at $0.55 (Q3 2023), $0.48 (Q2 2023), and $0.45 (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Celanese | 5.60 Bn | 4.26 Bn | 468.00 Mn | 3.09 |
| 2 | Methanex | 4.42 Bn | 4.43 Bn | - | - |
| 3 | Olin | 2.80 Bn | 2.60 Bn | 75.80 Mn | 1.73 |
| 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 | 2.39 |
| 6 | Green Plains | 1.02 Bn | 844.99 Mn | 87.95 Mn | 0.58 |
| 7 | Lsb Industries | 860.60 Mn | 678.96 Mn | 35.79 Mn | 0.81 |
| 8 | Westlake Chemical Partners | 818.06 Mn | 773.77 Mn | 93.76 Mn | 1.47 |
| 9 | ASP Isotopes | 776.82 Mn | 496.37 Mn | 1.67 Mn | 0.18 |
| 10 | Ascent Industries | 129.59 Mn | 81.77 Mn | 2.81 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 0.55 |
| Jun 30, 2023 | 0.48 |
| Mar 31, 2023 | 0.45 |
| Dec 31, 2022 | 0.53 |
| Sep 30, 2022 | 0.54 |
| Jun 30, 2022 | 0.51 |
| Mar 31, 2022 | 0.58 |
| Dec 31, 2021 | 0.63 |
| Sep 30, 2021 | 0.53 |
| Jun 30, 2021 | 0.70 |
| Mar 31, 2021 | 0.78 |
| Dec 31, 2020 | 0.76 |
| Sep 30, 2020 | 0.81 |
| Jun 30, 2020 | 0.80 |
| Mar 31, 2020 | 0.74 |
| Dec 31, 2019 | 0.71 |
| Sep 30, 2019 | 0.78 |
| Jun 30, 2019 | 0.80 |
| Mar 31, 2019 | 0.86 |
| Dec 31, 2018 | 0.75 |