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Ascent Industries Co. ACNT Current State And Local Tax Expense Benefit

Current State And Local Tax Expense Benefit at other companies

Minerals Technologies logo
Minerals TechnologiesMTX
$900K+28.6%
Ashland logo
AshlandASH
$500K-33.3%

Other financials

Income statement

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Revenue$19.4M+8.9%
Gross profit$2.8M-8.4%
Operating income-$2.4M-16.5%
Net income-$2.0M+13.7%
EPS (diluted)-$0.21+8.7%

Balance sheet

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Cash & equivalents$47.8M+235%
Total debt$13.4M-59.1%
Total equity$81.6M-10.4%
Total assets$102.6M-32.7%

Cash flow

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Operating cash flow-$5.4M-675%
CapEx$422.0K+32.7%
Free cash flow-$5.9M-475%

Valuation

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Market cap$137.92M+14.0%
Enterprise value$103.53M+26.6%
P/S1.8×+0.2×

Profitability

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Gross margin22.2%+6.4pp
Operating margin-9.6%-0.9pp
Net margin1.2%+0.8pp
FCF margin12%+8.1pp

Returns & leverage

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Return on equity1%+0.6pp
Debt / equity0.2×-0.2×
Current ratio8.7×+5.7×

Where this comes from

Reported directly by Ascent Industries Co. in its filing.

Tagged under the XBRL concept us-gaap:CurrentStateAndLocalTaxExpenseBenefit.

The official record: Ascent Industries Co.’s 10-K, filed March 3, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ascent Industries Co.'s current state and local tax expense benefit?
Ascent Industries Co. (ACNT) reported current state and local tax expense benefit of $33.5K in Q4 2025.
How has Ascent Industries Co.'s current state and local tax expense benefit changed year-over-year?
Ascent Industries Co.'s current state and local tax expense benefit increased by 193.1% year-over-year, from -$36K to $33.5K.
What is the long-term trend for Ascent Industries Co.'s current state and local tax expense benefit?
Over 2 years (2023 to 2025), Ascent Industries Co.'s current state and local tax expense benefit has grown at a -16.2% compound annual growth rate (CAGR), from $191K to $134K.
What does current state and local tax expense benefit mean?
The current portion of income tax expense or benefit attributable to state and local jurisdictions. It captures the tax obligations imposed by regional authorities, which can vary significantly based on the company's operational footprint.