Ascent Industries Balance Sheet Health
Financial Health criteria checks 6/6
Ascent Industries has a total shareholder equity of $94.7M and total debt of $641.0K, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are $148.6M and $53.9M respectively.
Key information
0.7%
Debt to equity ratio
US$641.00k
Debt
Interest coverage ratio | n/a |
Cash | US$8.55m |
Equity | US$94.71m |
Total liabilities | US$53.91m |
Total assets | US$148.62m |
Recent financial health updates
Ascent Industries (NASDAQ:ACNT) Has Debt But No Earnings; Should You Worry?
Sep 08We Think Ascent Industries (NASDAQ:ACNT) Is Taking Some Risk With Its Debt
Apr 15Is Ascent Industries (NASDAQ:ACNT) A Risky Investment?
Jan 12Is Ascent Industries (NASDAQ:ACNT) A Risky Investment?
Sep 07Is Synalloy (NASDAQ:SYNL) A Risky Investment?
May 18Recent updates
Ascent Industries Co. (NASDAQ:ACNT) Shares Fly 29% But Investors Aren't Buying For Growth
Dec 04Ascent Industries Co. (NASDAQ:ACNT) Stock Catapults 29% Though Its Price And Business Still Lag The Industry
Dec 04Ascent Industries: Operations Are Improving Again
Feb 17Ascent Industries Co.'s (NASDAQ:ACNT) Prospects Need A Boost To Lift Shares
Dec 28Ascent Industries (NASDAQ:ACNT) Has Debt But No Earnings; Should You Worry?
Sep 08We Think Ascent Industries (NASDAQ:ACNT) Is Taking Some Risk With Its Debt
Apr 15Is Ascent Industries (NASDAQ:ACNT) A Risky Investment?
Jan 12Is Ascent Industries (NASDAQ:ACNT) A Risky Investment?
Sep 07Synalloy GAAP EPS of $1.06, revenue of $116.2M
Aug 09Is Synalloy (NASDAQ:SYNL) A Risky Investment?
May 18Shareholders Will Be Pleased With The Quality of Synalloy's (NASDAQ:SYNL) Earnings
Nov 16Synalloy reports Q1 results
May 10Synalloy reports Q3 results
Nov 09Financial Position Analysis
Short Term Liabilities: ACNT's short term assets ($82.8M) exceed its short term liabilities ($22.0M).
Long Term Liabilities: ACNT's short term assets ($82.8M) exceed its long term liabilities ($31.9M).
Debt to Equity History and Analysis
Debt Level: ACNT has more cash than its total debt.
Reducing Debt: ACNT's debt to equity ratio has reduced from 77.7% to 0.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ACNT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ACNT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22.9% per year.
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/01/30 09:07 |
End of Day Share Price | 2025/01/30 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ascent Industries Co. is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Kevin Maczka | BB&T Capital Markets |
Elizabeth Collins | Morningstar Inc. |
Nathaniel Kellogg | Next Generation Equity Research |