AdvanSix Inc (ASIX) - Net Assets
Based on the latest financial reports, AdvanSix Inc (ASIX) has net assets worth $818.23 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.69 Billion) and total liabilities ($870.12 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore balance sheet size of AdvanSix Inc for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $818.23 Million |
| % of Total Assets | 48.46% |
| Annual Growth Rate | 6.39% |
| 5-Year Change | 74.42% |
| 10-Year Change | 61.7% |
| Growth Volatility | 30.94 |
AdvanSix Inc - Net Assets Trend (2014–2024)
This chart illustrates how AdvanSix Inc's net assets have evolved over time, based on quarterly financial data. Check ASIX intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for AdvanSix Inc (2014–2024)
The table below shows the annual net assets of AdvanSix Inc from 2014 to 2024. For live valuation and market cap data, see ASIX company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $774.65 Million | +4.79% |
| 2023-12-31 | $739.24 Million | +0.14% |
| 2022-12-31 | $738.18 Million | +22.79% |
| 2021-12-31 | $601.19 Million | +35.37% |
| 2020-12-31 | $444.12 Million | +10.79% |
| 2019-12-31 | $400.88 Million | -4.63% |
| 2018-12-31 | $420.34 Million | +11.70% |
| 2017-12-31 | $376.32 Million | +74.74% |
| 2016-12-31 | $215.36 Million | -55.05% |
| 2015-12-31 | $479.07 Million | +14.95% |
| 2014-12-31 | $416.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AdvanSix Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 63154100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $631.54 Million | 81.53% |
| Common Stock | $330.00K | 0.04% |
| Other Comprehensive Income | $5.97 Million | 0.77% |
| Other Components | $136.81 Million | 17.66% |
| Total Equity | $774.65 Million | 100.00% |
AdvanSix Inc Competitors by Market Cap
The table below lists competitors of AdvanSix Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trade-Van Information Services Co
TW:6183
|
$435.25 Million |
|
First Tractor Company Limited
F:FTP
|
$435.31 Million |
|
Tatva Chintan Pharma Chem Limited
NSE:TATVA
|
$435.32 Million |
|
Alltek Technology Corp
TW:3209
|
$435.33 Million |
|
Hanssem
KO:009240
|
$434.80 Million |
|
Universal Logistics Holdings Inc
NASDAQ:ULH
|
$434.71 Million |
|
Wilson Bayly Holmes Ovcon Ltd
JSE:WBO
|
$434.62 Million |
|
Hubei Xiangyuan New Material Technology Inc.
SHE:300980
|
$434.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AdvanSix Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 739,237,000 to 774,650,000, a change of 35,413,000 (4.8%).
- Net income of 44,149,000 contributed positively to equity growth.
- Dividend payments of 17,135,000 reduced retained earnings.
- Share repurchases of 10,428,000 reduced equity.
- New share issuances of 859,000 increased equity.
- Other comprehensive income increased equity by 10,114,000.
- Other factors increased equity by 7,854,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $44.15 Million | +5.7% |
| Dividends Paid | $17.14 Million | -2.21% |
| Share Repurchases | $10.43 Million | -1.35% |
| Share Issuances | $859.00K | +0.11% |
| Other Comprehensive Income | $10.11 Million | +1.31% |
| Other Changes | $7.85 Million | +1.01% |
| Total Change | $- | 4.79% |
Book Value vs Market Value Analysis
This analysis compares AdvanSix Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.70x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.47x to 0.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $13.61 | $20.03 | x |
| 2015-12-31 | $15.65 | $20.03 | x |
| 2016-12-31 | $7.06 | $20.03 | x |
| 2017-12-31 | $12.10 | $20.03 | x |
| 2018-12-31 | $13.57 | $20.03 | x |
| 2019-12-31 | $13.87 | $20.03 | x |
| 2020-12-31 | $15.77 | $20.03 | x |
| 2021-12-31 | $20.70 | $20.03 | x |
| 2022-12-31 | $25.43 | $20.03 | x |
| 2023-12-31 | $26.39 | $20.03 | x |
| 2024-12-31 | $28.42 | $20.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AdvanSix Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.70%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.91%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 2.06x
- Recent ROE (5.70%) is below the historical average (16.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 20.12% | 4.68% | 2.18x | 1.97x | $42.18 Million |
| 2015 | 13.31% | 4.80% | 1.58x | 1.76x | $15.87 Million |
| 2016 | 15.86% | 2.87% | 1.32x | 4.20x | $12.61 Million |
| 2017 | 38.98% | 9.94% | 1.40x | 2.79x | $109.07 Million |
| 2018 | 15.76% | 4.37% | 1.46x | 2.46x | $24.21 Million |
| 2019 | 10.31% | 3.19% | 1.05x | 3.08x | $1.26 Million |
| 2020 | 10.37% | 3.98% | 0.92x | 2.84x | $1.66 Million |
| 2021 | 23.25% | 8.30% | 1.28x | 2.18x | $79.67 Million |
| 2022 | 23.29% | 8.83% | 1.30x | 2.03x | $98.07 Million |
| 2023 | 7.39% | 3.56% | 1.03x | 2.02x | $-19.30 Million |
| 2024 | 5.70% | 2.91% | 0.95x | 2.06x | $-33.32 Million |
Industry Comparison
This section compares AdvanSix Inc's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,980,086,833
- Average return on equity (ROE) among peers: 56.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AdvanSix Inc (ASIX) | $818.23 Million | 20.12% | 1.06x | $435.20 Million |
| Synalloy Corporation (ACNT) | $58.14 Million | 17.41% | 0.66x | $125.09 Million |
| ASP Isotopes Inc. Common Stock (ASPI) | $262.90 Million | -66.60% | 0.95x | $509.91 Million |
| Braskem SA Class A (BAK) | $945.49 Million | 332.14% | 63.12x | $389.92 Million |
| Celanese Corporation (CE) | $299.00 Million | 92.64% | 23.90x | $4.73 Billion |
| Dow Inc (DOW) | $21.25 Billion | 21.57% | 1.85x | $21.38 Billion |
| Green Plains Renewable Energy Inc (GPRE) | $490.50 Million | 2.40% | 1.75x | $1.15 Billion |
| Gulf Resources, Inc. (NV) Common Stock (GURE) | $52.47 Million | 42.68% | 0.70x | $4.68 Million |
| Huntsman Corporation (HUN) | $3.37 Billion | 18.87% | 2.04x | $1.78 Billion |
| Lsb Industries Inc (LXU) | $94.28 Million | 49.72% | 2.26x | $696.93 Million |
About AdvanSix Inc
AdvanSix Inc. engages in the manufacture and sale of polymer resins in the United States and internationally. The company offers Nylon 6, a polymer resin, which is a synthetic material used to produce fibers, filaments, engineered plastics, and films. It also provides caprolactam to manufacture polymer resins; ammonium sulfate fertilizers to distributors, farm cooperatives, and retailers; and ace… Read more