AdvanSix Historical Balance Sheet

ASIX Stock  USD 23.52  0.09  0.38%   
Trend analysis of AdvanSix balance sheet accounts such as Total Assets of 1.3 B, Other Current Liabilities of 39.7 M or Total Current Liabilities of 333.2 M provides information on AdvanSix's total assets, liabilities, and equity, which is the actual value of AdvanSix to its prevalent stockholders. By breaking down trends over time using AdvanSix balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining AdvanSix latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether AdvanSix is a good buy for the upcoming year.

AdvanSix Inventory

179.25 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AdvanSix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy AdvanSix Stock please use our How to Invest in AdvanSix guide.

About AdvanSix Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of AdvanSix at a specified time, usually calculated after every quarter, six months, or one year. AdvanSix Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AdvanSix and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which AdvanSix currently owns. An asset can also be divided into two categories, current and non-current.

AdvanSix Balance Sheet Chart

AdvanSix Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how AdvanSix uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, AdvanSix's Retained Earnings Total Equity is fairly stable compared to the past year. Long Term Debt Total is likely to rise to about 175.5 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 23.9 M in 2024.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of AdvanSix assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in AdvanSix books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on AdvanSix balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of AdvanSix are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Retained Earnings Total Equity

The portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt.
Most accounts from AdvanSix's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into AdvanSix current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AdvanSix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy AdvanSix Stock please use our How to Invest in AdvanSix guide.At this time, AdvanSix's Retained Earnings Total Equity is fairly stable compared to the past year. Long Term Debt Total is likely to rise to about 175.5 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 23.9 M in 2024.
 2021 2022 2023 2024 (projected)
Other Current Liabilities49.7M48.8M52.1M39.7M
Total Assets1.3B1.5B1.5B1.3B

AdvanSix balance sheet Correlations

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-0.680.930.780.760.870.97-0.510.350.99-0.240.650.470.110.710.780.740.84-0.220.870.750.670.81-0.790.980.11
-0.60.930.770.820.790.87-0.570.390.89-0.240.550.530.350.680.630.650.81-0.180.730.690.760.76-0.690.880.21
-0.50.780.770.80.540.64-0.10.820.7-0.630.170.460.510.830.360.80.650.160.530.620.910.91-0.480.690.39
-0.460.760.820.80.380.65-0.250.540.7-0.50.10.320.390.740.20.820.55-0.250.340.60.770.85-0.250.710.69
-0.550.870.790.540.380.9-0.60.150.90.00.880.49-0.040.470.950.390.86-0.170.970.60.410.56-0.970.88-0.37
-0.690.970.870.640.650.9-0.580.150.99-0.120.750.34-0.070.580.860.650.78-0.270.910.690.480.67-0.830.98-0.01
0.43-0.51-0.57-0.1-0.25-0.6-0.580.14-0.55-0.52-0.75-0.36-0.05-0.18-0.590.07-0.440.29-0.55-0.5-0.11-0.070.61-0.60.26
-0.20.350.390.820.540.150.150.140.23-0.6-0.190.340.680.7-0.080.480.330.380.090.40.770.71-0.140.260.41
-0.680.990.890.70.70.90.99-0.550.23-0.170.710.39-0.020.650.840.70.83-0.270.90.730.550.74-0.820.990.03
-0.03-0.24-0.24-0.63-0.50.0-0.12-0.52-0.6-0.170.3-0.17-0.34-0.390.17-0.55-0.19-0.020.020.06-0.55-0.62-0.06-0.13-0.47
-0.480.650.550.170.10.880.75-0.75-0.190.710.30.4-0.190.180.910.020.6-0.290.860.430.080.17-0.920.7-0.62
-0.190.470.530.460.320.490.34-0.360.340.39-0.170.40.50.420.370.140.67-0.190.430.350.670.44-0.510.38-0.17
0.030.110.350.510.39-0.04-0.07-0.050.68-0.02-0.34-0.190.50.31-0.260.070.080.41-0.130.10.730.280.0-0.020.33
-0.760.710.680.830.740.470.58-0.180.70.65-0.390.180.420.310.330.770.7-0.150.470.880.750.87-0.410.640.36
-0.580.780.630.360.20.950.86-0.59-0.080.840.170.910.37-0.260.330.320.74-0.180.980.550.220.37-0.940.81-0.49
-0.570.740.650.80.820.390.650.070.480.7-0.550.020.140.070.770.320.56-0.110.450.630.670.87-0.250.670.6
-0.560.840.810.650.550.860.78-0.440.330.83-0.190.60.670.080.70.740.56-0.330.810.70.610.76-0.770.81-0.1
0.22-0.22-0.180.16-0.25-0.17-0.270.290.38-0.27-0.02-0.29-0.190.41-0.15-0.18-0.11-0.33-0.13-0.20.14-0.160.1-0.27-0.01
-0.630.870.730.530.340.970.91-0.550.090.90.020.860.43-0.130.470.980.450.81-0.130.620.380.52-0.950.87-0.36
-0.890.750.690.620.60.60.69-0.50.40.730.060.430.350.10.880.550.630.7-0.20.620.550.66-0.560.730.15
-0.390.670.760.910.770.410.48-0.110.770.55-0.550.080.670.730.750.220.670.610.140.380.550.81-0.360.530.43
-0.480.810.760.910.850.560.67-0.070.710.74-0.620.170.440.280.870.370.870.76-0.160.520.660.81-0.440.740.43
0.54-0.79-0.69-0.48-0.25-0.97-0.830.61-0.14-0.82-0.06-0.92-0.510.0-0.41-0.94-0.25-0.770.1-0.95-0.56-0.36-0.44-0.790.51
-0.630.980.880.690.710.880.98-0.60.260.99-0.130.70.38-0.020.640.810.670.81-0.270.870.730.530.74-0.790.06
-0.040.110.210.390.69-0.37-0.010.260.410.03-0.47-0.62-0.170.330.36-0.490.6-0.1-0.01-0.360.150.430.430.510.06
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AdvanSix Account Relationship Matchups

AdvanSix balance sheet Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding28.9M28.2M29.0M29.0M28.0M23.9M
Total Assets1.2B1.3B1.3B1.5B1.5B1.3B
Other Current Liab28.1M41.2M49.7M48.8M52.1M39.7M
Total Current Liabilities291.7M287.0M309.8M393.5M358.9M333.2M
Total Stockholder Equity400.9M444.1M601.2M738.2M739.2M531.5M
Other Liab147.3M171.6M165.4M170.1M195.6M131.0M
Property Plant And Equipment Net891.9M880.0M904.2M925.8M948.4M814.7M
Current Deferred Revenue19.7M26.4M2.7M34.4M15.7M17.7M
Accounts Payable205.9M190.2M221.2M272.8M258.3M248.0M
Non Current Assets Total945.4M929.9M962.1M1.1B1.1B888.1M
Non Currrent Assets Other38.6M34.9M40.4M(137.2M)25.4M26.7M
Other Assets38.6M34.9M40.4M23.2M26.7M32.3M
Cash And Short Term Investments7.1M10.6M15.1M31.0M29.8M21.9M
Net Receivables106.7M135.8M179.1M185.2M166.8M171.2M
Liabilities And Stockholders Equity1.2B1.3B1.3B1.5B1.5B1.3B
Non Current Liabilities Total543.4M532.2M401.0M363.7M444.6M400.7M
Inventory171.7M180.1M149.6M215.5M211.8M179.3M
Other Current Assets5.1M7.0M6.1M9.2M11.4M7.1M
Other Stockholder Equity180.8M184.7M195.9M174.5M138.0M170.9M
Total Liab835.1M819.3M710.8M757.2M803.6M733.9M
Property Plant And Equipment Gross891.9M880.0M904.2M925.8M2.0B2.1B
Total Current Assets290.5M333.5M349.9M440.9M419.8M377.3M
Accumulated Other Comprehensive Income(9.5M)(16.1M)(6.5M)(4.2M)(4.1M)(4.4M)
Common Stock314K316K318K320K326K309.7K
Property Plant Equipment891.9M765.5M904.2M925.8M1.1B775.3M
Retained Earnings229.2M275.2M411.5M567.5M605.1M349.1M
Long Term Debt297M275M135M115M170M208.5M
Short Long Term Debt Total433.4M389.9M271.7M230.0M268.2M319.4M
Net Tangible Assets385.9M429.1M583.6M632.7M727.7M471.2M
Net Debt426.3M379.3M256.6M199.1M238.4M295.7M
Cash7.1M10.6M15.1M31.0M29.8M23.8M
Common Stock Total Equity314K316K318K320K368K343.2K
Retained Earnings Total Equity229.2M275.2M411.5M567.5M652.6M685.3M
Long Term Debt Total297.7M275M135M115M103.5M175.5M
Capital Surpluse180.9M184.7M195.9M174.6M157.1M168.8M
Deferred Long Term Liab110.1M125.6M133.3M160.4M184.5M131.9M
Treasury Stock(12K)(35K)(36K)(45K)(40.5K)(38.5K)
Non Current Liabilities Other5.5M131.7M132.7M10.7M9.2M8.7M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether AdvanSix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AdvanSix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Advansix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Advansix Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AdvanSix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy AdvanSix Stock please use our How to Invest in AdvanSix guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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Is AdvanSix's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AdvanSix. If investors know AdvanSix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AdvanSix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.48)
Dividend Share
0.64
Earnings Share
0.08
Revenue Per Share
54.196
Quarterly Revenue Growth
(0.16)
The market value of AdvanSix is measured differently than its book value, which is the value of AdvanSix that is recorded on the company's balance sheet. Investors also form their own opinion of AdvanSix's value that differs from its market value or its book value, called intrinsic value, which is AdvanSix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AdvanSix's market value can be influenced by many factors that don't directly affect AdvanSix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AdvanSix's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvanSix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvanSix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.