Ascent Industries Balance Sheet Health
Financial Health criteria checks 5/6
Ascent Industries has a total shareholder equity of $107.4M and total debt of $360.0K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are $163.3M and $55.9M respectively.
Key information
0.3%
Debt to equity ratio
US$360.00k
Debt
Interest coverage ratio | n/a |
Cash | US$1.85m |
Equity | US$107.41m |
Total liabilities | US$55.89m |
Total assets | US$163.30m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SY4's short term assets ($89.4M) exceed its short term liabilities ($24.8M).
Long Term Liabilities: SY4's short term assets ($89.4M) exceed its long term liabilities ($31.1M).
Debt to Equity History and Analysis
Debt Level: SY4 has more cash than its total debt.
Reducing Debt: SY4's debt to equity ratio has reduced from 74.9% to 0.3% over the past 5 years.
Debt Coverage: SY4's debt is well covered by operating cash flow (6410.6%).
Interest Coverage: Insufficient data to determine if SY4's interest payments on its debt are well covered by EBIT.