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-K - Q4 2024 - Mar 4, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 340 % -13.2%
Quick Ratio 182 % -21.3%
Debt-to-equity 57.2 %
Return On Equity -13.9 % +41.6%
Return On Assets -8.84 % +28.1%
Operating Margin -2.86 % +85.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 10.1M shares -0.46%
Common Stock, Shares, Outstanding 11.1M shares +10.1%
Entity Public Float 71.7M USD +14.7%
Common Stock, Value, Issued 11.1M USD 0%
Weighted Average Number of Shares Outstanding, Basic 10.1M shares -0.01%
Weighted Average Number of Shares Outstanding, Diluted 10.1M shares -2.58%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 178M USD -7.92%
Operating Income (Loss) -5.1M USD +86.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -5.07M USD +87.7%
Income Tax Expense (Benefit) 6.16M USD +95.1%
Net Income (Loss) Attributable to Parent -13.6M USD +48.9%
Earnings Per Share, Basic -1.34 USD/shares +48.9%
Earnings Per Share, Diluted -1.34 USD/shares +49.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 16.1M USD +770%
Accounts Receivable, after Allowance for Credit Loss, Current 23.9M USD -10.2%
Inventory, Net 41M USD -21.7%
Assets, Current 83.1M USD -7.09%
Deferred Income Tax Assets, Net 0 USD -100%
Operating Lease, Right-of-Use Asset 28.2M USD +1.59%
Intangible Assets, Net (Excluding Goodwill) 7.01M USD -17.5%
Goodwill 0 USD
Other Assets, Noncurrent 3.17M USD +64%
Assets 147M USD -9.83%
Accounts Payable, Current 13.1M USD -20.4%
Accrued Liabilities, Current 5.04M USD -0.08%
Contract with Customer, Liability, Current 1.36M USD +2094%
Liabilities, Current 22.3M USD -10.1%
Deferred Income Tax Liabilities, Net 320K USD
Operating Lease, Liability, Noncurrent 30M USD +1.04%
Other Liabilities, Noncurrent 51K USD -15%
Liabilities 53.7M USD -3.9%
Retained Earnings (Accumulated Deficit) 44.9M USD -23.2%
Stockholders' Equity Attributable to Parent 93.5M USD -12.9%
Liabilities and Equity 147M USD -9.83%

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 +10.1%
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 16.1M USD +770%
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 19.8M USD -1.53%
Operating Lease, Liability 31.6M USD +2.21%
Depreciation 5.94M USD -3.65%
Payments to Acquire Property, Plant, and Equipment 305K USD -48%
Lessee, Operating Lease, Liability, to be Paid 47.1M USD -7.5%
Operating Lease, Liability, Current 1.51M USD +32.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.75M USD +2.15%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.7M USD +1.29%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure -12%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 15.6M USD -22.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.83M USD +3.63%
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 10.7M USD -41.9%
Interest Expense 3.26M USD -5.46%