Ascent Industries Co.

Ascent Industries Co.verified

ACNT

Price:

$9.5

Market Cap:

$96.18M

Ascent Industries Co. an industrials company, focuses on the production and distribution of industrial tubular products and specialty chemicals in the United States and internationally. It manufactures welded pipes and tubes, primarily from stainless steel, duplex, and nickel alloys; and galvanized carbon tubes, as well as related stainless pipe products. The company also manufactures ornamental stainless-steel tubes for supply to the automotive, commercial transportation, marine, food services, construction, furniture, healthcare, and other industries; provides fiberglass and steel storage tanks for the oil and gas, waste water treatment, and municipal water industries; and distributes hot ...[Read more]

Industry

Steel

IPO Date

1980-03-17

Stock Exchange

NASDAQ

Ticker

ACNT

The Current Ratio as of November 2024 (TTM) for Ascent Industries Co. (ACNT) is 3.16

According to Ascent Industries Co.’s latest financial reports and current stock price. The company's current Current Ratio is 3.16. This represents a change of -6.26% compared to the average of 3.37 of the last 4 quarters.

Ascent Industries Co. (ACNT) Historical Current Ratio (quarterly & annually)

How has ACNT Current Ratio performed in the past?

The mean historical Current Ratio of Ascent Industries Co. over the last ten years is 3.63. The current 3.16 Current Ratio has changed 8.61% with respect to the historical average. Over the past ten years (40 quarters), ACNT's Current Ratio was at its highest in in the December 2022 quarter at 5.09. The Current Ratio was at its lowest in in the December 2014 quarter at 2.59.

Quarterly (TTM)
Annual

Average

3.63

Median

3.52

Minimum

2.59

Maximum

5.09

Ascent Industries Co. (ACNT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Ascent Industries Co. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 60.61%

Maximum Annual Current Ratio = 5.09

Minimum Annual Increase = -36.60%

Minimum Annual Current Ratio = 2.59

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.61-29.12%
20225.0960.61%
20213.17-22.46%
20204.0912.71%
20193.63-19.39%
20184.5038.92%
20173.248.81%
20162.98-13.36%
20153.4332.82%
20142.59-36.60%

Ascent Industries Co. (ACNT) Average Current Ratio

How has ACNT Current Ratio performed in the past?

The current Current Ratio of Ascent Industries Co. (ACNT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.95

5-year avg

3.92

10-year avg

3.63

Ascent Industries Co. (ACNT) Current Ratio vs. Peers

How is ACNT’s Current Ratio compared to its peers?

Ascent Industries Co.’s Current Ratio is less than Grupo Simec, S.A.B. de C.V. (3.72), greater than Schnitzer Steel Industries, Inc. (1.96), less than Mesabi Trust (6.35), less than Algoma Steel Group Inc. (4.19), greater than Aperam S.A. (1.63), greater than Acerinox, S.A. (2.25), less than Algoma Steel Group Inc. (4.19), greater than ArcelorMittal S.A. (1.53), less than Kumba Iron Ore Limited (3.48),

Build a custom stock screener for Ascent Industries Co. (ACNT) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Ascent Industries Co. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Ascent Industries Co. (ACNT) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Ascent Industries Co. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Ascent Industries Co.'s Current Ratio?

How is the Current Ratio calculated for Ascent Industries Co. (ACNT)?

What is the highest Current Ratio for Ascent Industries Co. (ACNT)?

What is the 3-year average Current Ratio for Ascent Industries Co. (ACNT)?

What is the 5-year average Current Ratio for Ascent Industries Co. (ACNT)?

How does the current Current Ratio for Ascent Industries Co. (ACNT) compare to its historical average?