Ascent Industries Co (STU:SY4) Total Assets : €133.9 Mil (As of Sep. 2024)

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What is Ascent Industries Co Total Assets?

Ascent Industries Co's Total Assets for the quarter that ended in Sep. 2024 was €133.9 Mil.

During the past 12 months, Ascent Industries Co's average Total Assets Growth Rate was -34.70% per year. During the past 3 years, the average Total Assets Growth Rate was -7.90% per year. During the past 5 years, the average Total Assets Growth Rate was -3.70% per year. During the past 10 years, the average Total Assets Growth Rate was 4.10% per year.

During the past 13 years, Ascent Industries Co's highest 3-Year average Total Assets Growth Rate was 32.00%. The lowest was -10.40%. And the median was 5.30%.

Total Assets is connected with ROA %. Ascent Industries Co's annualized ROA % for the quarter that ended in Sep. 2024 was -15.79%. Total Assets is also linked to Revenue through Asset Turnover. Ascent Industries Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.28.

Ascent Industries Co Total Assets Historical Data

The historical data trend for Ascent Industries Co's Total Assets 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 Total Assets Chart

Ascent Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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231.48

170.14

235.41

253.98

149.74

Ascent Industries Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															201.63	149.74	148.09	147.00	133.90

Ascent Industries Co Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Ascent Industries Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	98.495	+	51.247
	=	149.7

Ascent Industries Co's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	85.329	+	48.574
	=	133.9

Ascent Industries Co (STU:SY4) Total Assets Explanation

Total Assets is connected with ROA %.

Ascent Industries Co's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-22.172	/	( (147.003	+	133.903)	/ 2 )
	=	-22.172	/	140.453
	=	-15.79 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Ascent Industries Co's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	38.654	/	( (147.003	+	133.903)	/ 2 )
=	38.654	/	140.453
=	0.28

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Ascent Industries Co Total Assets Related Terms

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Ascent Industries Co Business Description

Industry

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ACNT:USA

Address

1400 16th Street, Suite 270, Oak Brook, IL, USA, 60523

Website

https://www.ascentco.com

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.

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