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Ascent Industries Co. ACNT Increase Decrease In Accrued Income Taxes Payable

Increase Decrease In Accrued Income Taxes Payable at other companies

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Minerals TechnologiesMTX
-$4.8M-431%
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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:IncreaseDecreaseInAccruedIncomeTaxesPayable.

The official record: Ascent Industries Co.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ascent Industries Co.'s increase decrease in accrued income taxes payable?
Ascent Industries Co. (ACNT) reported increase decrease in accrued income taxes payable of $139K in Q1 2026.
How has Ascent Industries Co.'s increase decrease in accrued income taxes payable changed year-over-year?
Ascent Industries Co.'s increase decrease in accrued income taxes payable increased by 367.3% year-over-year, from -$52K to $139K.
What is the long-term trend for Ascent Industries Co.'s increase decrease in accrued income taxes payable?
Over 4 years (2021 to 2025), Ascent Industries Co.'s increase decrease in accrued income taxes payable has grown at a -64.4% compound annual growth rate (CAGR), from $9.25M to -$149K.
What does increase decrease in accrued income taxes payable mean?
Represents the net change in the liability for income taxes owed to tax authorities during the reporting period. This metric reflects the timing differences between tax expense recognition and actual cash payments made to government entities.