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Ascent Industries Co (FRA:SY4) Debt-to-Revenue : 0.18 (As of Mar. 2024)


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What is Ascent Industries Co Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Ascent Industries Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1.4 Mil. Ascent Industries Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €28.2 Mil. Ascent Industries Co's annualized Revenue for the quarter that ended in Mar. 2024 was €162.3 Mil. Ascent Industries Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.18.


Ascent Industries Co Debt-to-Revenue Historical Data

The historical data trend for Ascent Industries Co's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ascent Industries Co Debt-to-Revenue Chart

Ascent Industries Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.37 0.31 0.40 0.17

Ascent Industries Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 0.36 0.39 0.91 0.18

Competitive Comparison of Ascent Industries Co's Debt-to-Revenue

For the Steel subindustry, Ascent Industries Co's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ascent Industries Co's Debt-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ascent Industries Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Ascent Industries Co's Debt-to-Revenue falls into.



Ascent Industries Co Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Ascent Industries Co's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.643 + 28.46) / 177.145
=0.17

Ascent Industries Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.422 + 28.203) / 162.324
=0.18

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Ascent Industries Co Debt-to-Revenue Related Terms

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Ascent Industries Co (FRA:SY4) Business Description

Traded in Other Exchanges
Address
1400 16th Street, Suite 270, Oak Brook, IL, USA, 60523
Ascent Industries Co is engaged in the chemical and metal industry. The group operates into two reportable segments namely the Ascent Tubular Products and the Specialty Chemicals Segment. The Tubular Products segment serves markets through pipe and tube and customers in the appliance, architectural, automotive and commercial transportation, brewery, chemical, petrochemical and other industries. The Specialty Chemicals segment produces specialty products for the pulp and paper, coatings, adhesives, sealants and elastomers (CASE), textile, automotive, household and other industries. It manufactures welded pipe and tube, majorly from stainless steel, duplex, and nickel alloys. The company also produces specialty chemicals and dyes used in various end markets.

Ascent Industries Co (FRA:SY4) Headlines

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