Is ASCENT INDUSTRIES CO. (ACNT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 26.7% / 30% | 13.0% / 30% | 19.2% / 30% | 0.1% / 5% | ✓ HALAL |
| DJIM | 26.7% / 33% | 13.0% / 33% | 19.2% / 33% | 0.1% / 5% | ✓ HALAL |
| MSCI | 22.6% / 33% | 10.9% / 33% | 16.2% / 33% | 0.1% / 5% | ✓ HALAL |
| S&P | 26.7% / 33% | 13.0% / 33% | 19.2% / 33% | 0.1% / 5% | ✓ HALAL |
| FTSE | 22.6% / 33% | 10.9% / 33% | 16.2% / 50% | 0.1% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 23.0% | |
| Operating Margin | -16.8% | |
| Net Margin | 1.2% | |
| Return on Equity (ROE) | -6.2% | |
| Return on Assets (ROA) | -3.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$519,000 |
| Free Cash Flow | -$2M |
| Total Debt | $14M |
| Debt-to-Equity | 15.8 |
| Current Ratio | 6.7 |
| Total Assets | $112M |
Price & Trading
| Last Close | $12.84 |
| 50-Day MA | $15.48 |
| 200-Day MA | $13.85 |
| Avg Volume | 96K |
| Beta | 0.4 |
|
52-Week Range
$11.46
| |
About ASCENT INDUSTRIES CO. (ACNT)
Ascent Industries Co. engages in the development, production, and distribution of specialty chemical solutions. It offers surfactants, defoamers, lubricating agents, flame retardants, and specialty intermediates in petroleum-based and bio-based formulations. The company also provides custom manufacturing services, including product development, process optimization, scale-up, and commercial production. It serves the oil and gas; household, industrial and institutional; personal care; coatings, adhesives, sealants and elastomers; pulp and paper; textile; automotive; agricultural; water treatment; construction; and other industries. The company was formerly known as Synalloy Corporation and changed its name to Ascent Industries Co. in August 2022. Ascent Industries Co. was founded in 1945 and is headquartered in Schaumburg, Illinois.
Purification Calculator
As a halal stock with 0.10% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is ASCENT INDUSTRIES CO. (ACNT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ASCENT INDUSTRIES CO. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is ASCENT INDUSTRIES CO.'s debt ratio?
ASCENT INDUSTRIES CO.'s debt ratio is 26.7% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 22.6%.
Does ASCENT INDUSTRIES CO. require dividend purification?
Yes, ASCENT INDUSTRIES CO. has an impermissible income ratio of 0.10%, which means 0.10% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are ASCENT INDUSTRIES CO.'s key financial metrics?
ASCENT INDUSTRIES CO. has a market capitalization of $122M, and revenue of $75M. The company maintains a gross margin of 23.0% and a net margin of 1.2%. Return on equity stands at -6.2%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.