Ascent Industries Co.: 10-Q filed 2017-08-08

Name: Ascent Industries Co.: 10-Q filed 2017-08-08
Creator: Ascent Industries Co.

What Ascent Industries Co. reported in its quarterly report filed 2017-08-08 (fiscal Q2 2017): 32 published measures, 86 facts as tagged in accession 0000095953-17-000066.

This filing

Form: 10-Q (quarterly report)
Filed: 2017-08-08
Fiscal period: fiscal Q2 2017
Accession: 0000095953-17-000066 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Ascent Industries Co. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2017-06-30	178,021,654	USD
At 2016-12-31	138,638,063	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2017-06-30	91,108,031	USD
At 2016-12-31	88,592,555	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2017-06-30	52,707	USD
At 2016-12-31	62,873	USD
At 2016-06-30	2,150,196	USD
At 2015-12-31	391,424	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	829,879	USD	91
2017-01-01 to 2017-06-30	1,531,419	USD	181
2016-04-01 to 2016-06-30	-1,682,729	USD	91
2016-01-01 to 2016-06-30	-3,049,461	USD	182

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	-5,567,040	USD	181
2016-01-01 to 2016-06-30	1,678,815	USD	182

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	2,831,976	USD	181
2016-01-01 to 2016-06-30	1,740,548	USD	182

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	24,173,884	USD	181
2016-01-01 to 2016-06-30	217,859	USD	182

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2017-06-30	59,467,952	USD
At 2016-12-31	57,936,533	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	8,699,488	shares	91
2017-01-01 to 2017-06-30	8,686,714	shares	181
2016-04-01 to 2016-06-30	8,638,584	shares	91
2016-01-01 to 2016-06-30	8,636,574	shares	182

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	8,723,138	shares	91
2017-01-01 to 2017-06-30	8,704,330	shares	181
2016-04-01 to 2016-06-30	8,638,584	shares	91
2016-01-01 to 2016-06-30	8,636,574	shares	182

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	0.1	USD/shares	91
2017-01-01 to 2017-06-30	0.18	USD/shares	181
2016-04-01 to 2016-06-30	-0.19	USD/shares	91
2016-01-01 to 2016-06-30	-0.35	USD/shares	182

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	0.1	USD/shares	91
2017-01-01 to 2017-06-30	0.18	USD/shares	181
2016-04-01 to 2016-06-30	-0.19	USD/shares	91
2016-01-01 to 2016-06-30	-0.35	USD/shares	182

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	325,000	USD	91
2017-01-01 to 2017-06-30	641,000	USD	181
2016-04-01 to 2016-06-30	-515,000	USD	91
2016-01-01 to 2016-06-30	-577,000	USD	182

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2017-06-30	35,481,396	USD
At 2016-12-31	27,324,092	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	330,238	USD	181
2016-01-01 to 2016-06-30	189,257	USD	182

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	1,509,420	USD	91
2017-01-01 to 2017-06-30	2,665,845	USD	181
2016-04-01 to 2016-06-30	-1,732,065	USD	91
2016-01-01 to 2016-06-30	-2,585,848	USD	182

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2017-06-30	124,327,722	USD
At 2016-12-31	97,503,785	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	341,005	USD	91
2017-01-01 to 2017-06-30	521,320	USD	181
2016-04-01 to 2016-06-30	268,143	USD	91
2016-01-01 to 2016-06-30	549,439	USD	182

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2017-06-30	42,133,579	USD
At 2016-12-31	32,771,942	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2017-06-30	21,793,629	USD
At 2016-12-31	16,684,508	USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

Period	Value	Unit	Days
At 2017-06-30	6,003,525	USD
At 2016-12-31	1,354,730	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2017-06-30	30,241,313	USD
At 2016-12-31	18,028,946	USD

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2017-06-30	71,286,219	USD
At 2016-12-31	60,799,509	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	8,177,927	USD	91
2017-01-01 to 2017-06-30	15,581,505	USD	181
2016-04-01 to 2016-06-30	3,997,594	USD	91
2016-01-01 to 2016-06-30	8,715,770	USD	182

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2017-06-30	366,346	USD
At 2016-12-31	0	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2017-06-30	47,764,504	USD
At 2016-12-31	45,219,309	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2017-06-30	12,101,013	USD
At 2016-12-31	12,308,838	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2017-06-30	20,339,950	USD
At 2016-12-31	16,087,434	USD

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	1,196,225	USD	91
2017-01-01 to 2017-06-30	1,897,765	USD	181
2016-04-01 to 2016-06-30	-1,682,729	USD	91
2016-01-01 to 2016-06-30	-3,049,461	USD	182

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	2,545,195	USD	181
2016-01-01 to 2016-06-30	2,279,954	USD	182

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	-450,864	USD	181
2016-01-01 to 2016-06-30	1,621,686	USD	182

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	5,109,121	USD	181
2016-01-01 to 2016-06-30	2,224,755	USD	182

Inspect the source

Entity: Ascent Industries Co. / CIK 0000095953
Captured: 2026-09-19T14:53:05.749Z
SEC response SHA-256: 718158084365805923d1c29557b6f8b6465be8db13cb42f7ff07b6c1e9e986bd

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000095953.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))