Ascent Industries Co. financial data

Symbol
ACNT on Nasdaq
Industry
Steel Pipe & Tubes
Location
20 N. Martingale Rd, Suite 430, Schaumburg, IL
State of incorporation
DE
Fiscal year end
December 31
Former names
SYNALLOY CORP (to 8/9/2022)
Latest financial report
10-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 337 % -20.4%
Quick Ratio 189 % -17.2%
Debt-to-equity 55.8 %
Return On Equity -1.41 % +95.5%
Return On Assets -0.91 % +94.2%
Operating Margin -7.86 % +62.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 10.1M shares -0.32%
Common Stock, Shares, Outstanding 11.1M shares 0%
Entity Public Float 62.5M USD -36.3%
Common Stock, Value, Issued 11.1M USD 0%
Weighted Average Number of Shares Outstanding, Basic 10.1M shares -0.21%
Weighted Average Number of Shares Outstanding, Diluted 10.1M shares -0.21%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 178M USD -13.5%
Operating Income (Loss) -14M USD +67.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -14.8M USD +68.9%
Income Tax Expense (Benefit) 4.03M USD
Net Income (Loss) Attributable to Parent -1.43M USD +96.2%
Earnings Per Share, Basic -0.14 USD/shares +96.2%
Earnings Per Share, Diluted -0.17 USD/shares +95.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 8.55M USD +1071%
Accounts Receivable, after Allowance for Credit Loss, Current 27.8M USD -15.6%
Inventory, Net 43M USD -48.3%
Assets, Current 82.8M USD -38.7%
Deferred Income Tax Assets, Net 0 USD -100%
Operating Lease, Right-of-Use Asset 28.6M USD +1.61%
Intangible Assets, Net (Excluding Goodwill) 7.38M USD -16.8%
Goodwill 0 USD -100%
Other Assets, Noncurrent 3.11M USD +74.4%
Assets 149M USD -30.9%
Accounts Payable, Current 12.3M USD -52.3%
Accrued Liabilities, Current 7.08M USD +26.3%
Liabilities, Current 22M USD -40.4%
Deferred Income Tax Liabilities, Net 369K USD
Operating Lease, Liability, Noncurrent 30.4M USD +1.27%
Other Liabilities, Noncurrent 54K USD -8.48%
Liabilities 53.9M USD -54.7%
Retained Earnings (Accumulated Deficit) 45.9M USD -3.03%
Stockholders' Equity Attributable to Parent 94.7M USD -1.66%
Liabilities and Equity 149M USD -30.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 263K USD -98%
Net Cash Provided by (Used in) Financing Activities -510K USD +96.2%
Net Cash Provided by (Used in) Investing Activities -305K USD +63%
Common Stock, Shares Authorized 24M shares 0%
Common Stock, Shares, Issued 11.1M shares 0%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -552K USD +45.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 8.55M USD +1071%
Interest Paid, Excluding Capitalized Interest, Operating Activities 68K USD -93.6%
Deferred Tax Assets, Valuation Allowance 1.64M USD +19.7%
Deferred Tax Assets, Gross 20.1M USD +15.1%
Operating Lease, Liability 31.9M USD +2.24%
Depreciation 6.05M USD +9.13%
Payments to Acquire Property, Plant, and Equipment 305K USD -48%
Lessee, Operating Lease, Liability, to be Paid 48M USD -7.48%
Operating Lease, Liability, Current 1.45M USD +27.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.75M USD +1.71%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.7M USD +0.85%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure -12%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 16.1M USD -22.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.83M USD +3.3%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.9M USD +3.67%
Amortization of Intangible Assets 367K USD -2.39%
Deferred Tax Assets, Net of Valuation Allowance 18.4M USD +14.7%
Interest Expense 3.26M USD -5.46%