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
Ascent Industries (NASDAQ:ACNT) Has Debt But No Earnings; Should You Worry?
Sep 08
We 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: 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 ($89.4M) exceed its short term liabilities ($24.8M).
Long Term Liabilities: ACNT's short term assets ($89.4M) exceed its long term liabilities ($31.1M).
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 74.9% to 0.3% over the past 5 years.
Debt Coverage: ACNT's debt is well covered by operating cash flow (6410.6%).
Interest Coverage: Insufficient data to determine if ACNT's interest payments on its debt are well covered by EBIT.