Assay
Financial-condition grades for SEC filers
Company Report · as of Oct 9, 2026
|
| AdvanSix Inc.ASIX · chemicals | |
|---|---|
| Grade |  Eweakest fifth of 331 graded peers; percentile 99.1, sampling error 2.7 points; lower is stronger |
| Rank | 328 of 331 |
| Profitability | Dpercentile 63.4 |
| Solvency | Epercentile 87.0 |
| Growth and financing | Dpercentile 74.3 |
| Reliability | 0.91 AUCfailure model, filers with $591M to $2.67B assets; 95% interval 0.88 to 0.94; 160 events, 2020 to 2025 |
| Peer failure rate | 1.01% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025 |
| Size band | $591M to $2.67B assetstotal assets $1.7B[1] |
| Standard universe | insiderevenue above $1M and assets above $10M[1-2] |
| Warnings | none activenot computable: distress |
| Inputs computable | 8 of 14 |
| Graded from | filings received through Feb 20, 2026231 days before the rescan; every figure keyed to the SEC receipt date |
| Last close | $16.722026-10-08; market equity $451.5M; iex feed |
| Price used in grade | None |
| Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history | ||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date. Open this report as it stood on | ||||||||||||||||||||||||
Each date opens the report as it stood on that rescan. |
Business, in the company's words. Opening of Item 1 of the 10-K received Feb 20, 2026; the document on sec.gov.
- Regulation and Environmental Matters” for more information on the environmental laws and regulations to which we are subject. Primarily because of past operations at our current manufacturing locations and other locations used in our operations as currently conducted, we may be subject to potentially material liabilities related to the remediation of environmental hazards and to claims of personal injuries or property damages that may have been or may be caused by hazardous substance releases and exposures or other hazardous conditions. Lawsuits, claims and costs involving these matters may arise in the future.
The Fourteen Inputs [top]
Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.
| Input | Percentile, 0 to 100 | Value | Source | Peer median | Percentile | Peers | Period end |
|---|---|---|---|---|---|---|---|
| Profitability, sleeve percentile 63.4 | |||||||
| Gross profitability | 9.7% | [1-3] | 21.3% | 81.3 | 359 | 2025-12-31 | |
| Return on invested capital | not computable | 9.5% | |||||
| one or more required annual facts are missing | |||||||
| Accruals ratio | (4.5%) | [1,4-6] | (4.2%) | 47.9 | 400 | 2025-12-31 | |
| Gross margin stability, five years | 2.8 pts | [2-3,7-14] | 2.2 pts | 61.0 | 301 | 2025-12-31 | |
| Solvency, sleeve percentile 87.0 | |||||||
| Twelve-month failure probability | not computable | 0.05% | |||||
| latest liabilities, cash plus short-term investments, book equity, and shares are required | |||||||
| Altman Z double-prime | not computable | 3.41 | |||||
| one or more required annual facts are missing | |||||||
| Net debt to EBITDA | not computable | 1.88x | |||||
| one or more required annual facts are missing | |||||||
| Interest coverage | not computable | 4.16x | |||||
| one or more required annual facts are missing | |||||||
| Current ratio | 1.13x | [15-16] | 2.20x | 87.0 | 423 | 2025-12-31 | |
| Growth and financing, sleeve percentile 74.3 | |||||||
| Revenue growth, three-year compound | (7.9%) | [2,7,9,11] | 1.2% | 86.0 | 350 | 2025-12-31 | |
| Free cash flow growth, three-year compound | (67.3%) | [5,17-23] | 12.6% | 100.0 | 179 | 2025-12-31 | |
| Reinvestment rate | not computable | 24.3% | |||||
| one or more required annual facts are missing | |||||||
| Asset growth, three years | 4.5% | [1,6,24-25] | 2.9% | 43.8 | 369 | 2025-12-31 | |
| Net share issuance, one year | 0.5% | [26-27] | 0.0% | 67.5 | 321 | 2026-01-30 | |
Gross profitability. Revenue less cost of goods sold, over total assets.
Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.
Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.
Twelve-month failure probability. CHS model; lower is stronger.
Net debt to EBITDA. Lower is stronger.
Net share issuance, one year. Split-adjusted; lower is stronger.
Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite 0.575; sampling error 2.7 percentile points on 331 peers.
Among 331 Peers [top]
Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.
| Rank | Company | Percentile | Letter | Warnings |
|---|---|---|---|---|
| 323 | Wabash National Corp. (WNC) Wabash National Corp. (WNC) Eweakest fifth; percentile 97.6 NYSE · Truck Trailers market equity $545.4M; last close $13.41 No active warnings; 9 of 14 inputs | 97.6 | E | |
| 324 | Huntsman Corp. (HUN) Huntsman Corp. (HUN) Eweakest fifth; percentile 97.9 NYSE · Chemicals & Allied Products market equity $1.5B; last close $8.49 No active warnings; 10 of 14 inputs | 97.9 | E | |
| 325 | Wrap Technologies, Inc. (WRAP) Wrap Technologies, Inc. (WRAP) Eweakest fifth; percentile 98.0 Nasdaq · Ordnance & Accessories, (No Vehicles/Guided Missiles) market equity $82.3M; last close $1.48 No active warnings; 8 of 14 inputs | 98.0 | E | |
| 326 | AgEagle Aerial Systems Inc. (UAVS) AgEagle Aerial Systems Inc. (UAVS) Eweakest fifth; percentile 98.4 NYSE · Aircraft market equity $52.2M; last close $0.83 Warnings: dilution, late filer; 8 of 14 inputs | 98.4 | E | dilution, late filer |
| 327 | Stanley Black & Decker, Inc. (SWK) Stanley Black & Decker, Inc. (SWK) Eweakest fifth; percentile 98.8 NYSE · Cutlery, Handtools & General Hardware market equity $13.5B; last close $89.18 No active warnings; 7 of 14 inputs | 98.8 | E | |
| 328 | AdvanSix Inc. (ASIX) AdvanSix Inc. (ASIX) Eweakest fifth; percentile 99.1 NYSE · Plastic Materials, Synth Resins & Nonvulcan Elastomers market equity $450.9M; last close $16.72 No active warnings; 8 of 14 inputs | 99.1 | E | |
| 329 | Twin Vee PowerCats, Co. (VEEE) Twin Vee PowerCats, Co. (VEEE) Eweakest fifth; percentile 99.2 Nasdaq · Ship & Boat Building & Repairing market equity $5.8M; last close $10.70 Warnings: dilution, fortress balance sheet; 8 of 14 inputs | 99.2 | E | dilution, fortress balance sheet |
| 330 | Hyperscale Data, Inc. (GPUS) Hyperscale Data, Inc. (GPUS) Eweakest fifth; percentile 99.8 NYSE · Oil & Gas Field Machinery & Equipment last close $0.16 Warnings: late filer; 8 of 14 inputs | 99.8 | E | late filer |
| 331 | Hyperscale Data, Inc. (GPUS-PD) Hyperscale Data, Inc. (GPUS-PD) Eweakest fifth; percentile 99.8 NYSE · Oil & Gas Field Machinery & Equipment Warnings: late filer; 8 of 14 inputs | 99.8 | E | late filer |
| Peer policy | Letter | Percentile | Peers |
|---|---|---|---|
| all graded filers, equal sleeves | E | 94.2 | 2204 |
| sector peers, equal sleeves (the grade) | E | 99.1 | 331 |
| same exchange, equal sleeves | E | 94.8 | 984 |
| sector peers, equal inputs | E | 95.8 | 331 |
Each letter is one fifth of the 331 graded peers, about 66 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.
What the Price Implies [top]
Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.
| Measure | Value | Peer median | Percentile | Reading |
|---|---|---|---|---|
| Twelve-month price change, skipping the latest month | (10.1%) | 13.8% | 25 | hotter than 25 of 100 peers |
| Distance from 52-week high | (36.2%) | (24.2%) | 29 | closer to its high than 29 of 100 peers |
| EBIT to enterprise value | not computable | 3.9% | required accounting or market input is missing | |
| Free cash flow yield | 1.4% | 3.2% | 32 | pricier than 68 of 100 peers |
| Book value to price | 1.77 | 0.39 | 95 | pricier than 5 of 100 peers |
| Sales to price | 3.38 | 0.57 | 93 | pricier than 7 of 100 peers |
| Composite equity issuance, five years | (15.3%) | (9.9%) | 32 | more equity-funded than 32 of 100 peers |
| Relative strength against the sector, log excess return | (0.28) | (0.02) | 22 | ahead of 22 of 100 peers |
Inputs: market equity $450.9M; free cash flow $6.4M; book equity $796.9M; sales $1.5B; debt $115.0M; cash $7.2M[28].
Diagnostics [top]
Diagnostics do not feed the grade.
| Piotroski F-score: None of 9, period end 2025-12-31 | ||
|---|---|---|
| Return on assets above zero | 3.1% | ✓ pass[4,6] |
| Operating cash flow above zero | $122.9M | ✓ pass[5] |
| Return on assets improved | 0.1 pts | ✓ pass[4,6,24,29] |
| Operating cash flow exceeds net income | $73.6M | ✓ pass[4-5] |
| Long-term leverage fell | n/a[1,6,24] | |
| Current ratio improved | 4.6 pts | ✓ pass[15-16,30-31] |
| No new shares issued | 0.5% | ✗ fail[26-27] |
| Gross margin improved | 0.8 pts | ✓ pass[2-3,7-8] |
| Asset turnover improved | (6.0 pts) | ✗ fail[2,6-7,24] |
| Cash, filings, liquidity | |
|---|---|
| Cash and equivalents | $7.2M[32] |
| Operating cash flow, four quarters | $85.0M[5,32-36] |
| Months of runway | not finite |
| trailing operating cash flow is nonnegative, so runway is not finite | |
| Late filings, two years | 0 |
| NT 10-K or NT 10-Q | |
| Days since last periodic filing | 63 |
| 10-Q received Aug 7, 2026 | |
| Median daily dollar volume | $4.3M |
| 63 sessions | |
| Days since newest grade input | 231 |
Downloads [top]
|
Sources [top]
Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.
| # | Concept | XBRL tag | Value | Period end | Received | Form | Links |
|---|---|---|---|---|---|---|---|
| 1 | assets | us-gaap:Assets | $1.7B | 2025-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 2 | revenue | us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax | $1.5B | 2025-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 3 | cost of revenue | us-gaap:CostOfGoodsAndServicesSold | $1.4B | 2025-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 4 | net income | us-gaap:NetIncomeLoss | $49.3M | 2025-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 5 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $122.9M | 2025-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 6 | assets | us-gaap:Assets | $1.6B | 2024-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 7 | revenue | us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax | $1.5B | 2024-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 8 | cost of revenue | us-gaap:CostOfGoodsAndServicesSold | $1.4B | 2024-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 9 | revenue | us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax | $1.5B | 2023-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 10 | cost of revenue | us-gaap:CostOfGoodsAndServicesSold | $1.4B | 2023-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 11 | revenue | us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax | $1.9B | 2022-12-31 | 2025-02-21 | 10-K | filing · viewer · series |
| 12 | cost of revenue | us-gaap:CostOfGoodsAndServicesSold | $1.6B | 2022-12-31 | 2025-02-21 | 10-K | filing · viewer · series |
| 13 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $1.7B | 2021-12-31 | 2022-02-18 | 10-K | filing · viewer · series |
| 14 | cost of revenue | us-gaap:CostOfGoodsAndServicesSold | $1.4B | 2021-12-31 | 2024-02-16 | 10-K | filing · viewer · series |
| 15 | current assets | us-gaap:AssetsCurrent | $440.6M | 2025-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 16 | current liabilities | us-gaap:LiabilitiesCurrent | $390.0M | 2025-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 17 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $116.4M | 2025-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 18 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $135.4M | 2024-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 19 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $133.7M | 2024-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 20 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $117.5M | 2023-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 21 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $107.4M | 2023-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 22 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $273.6M | 2022-12-31 | 2025-02-21 | 10-K | filing · viewer · series |
| 23 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $89.4M | 2022-12-31 | 2025-02-21 | 10-K | filing · viewer · series |
| 24 | assets | us-gaap:Assets | $1.5B | 2023-12-31 | 2025-02-21 | 10-K | filing · viewer · series |
| 25 | assets | us-gaap:Assets | $1.5B | 2022-12-31 | 2024-02-16 | 10-K | filing · viewer · series |
| 26 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 26,872,912 | 2026-01-30 | 2026-02-20 | 10-K | filing · viewer · series |
| 27 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 26,744,101 | 2025-01-31 | 2025-02-21 | 10-K | filing · viewer · series |
| 28 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 27,001,186 | 2026-07-31 | 2026-08-07 | 10-Q | filing · viewer · series |
| 29 | net income | us-gaap:NetIncomeLoss | $44.1M | 2024-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 30 | current assets | us-gaap:AssetsCurrent | $387.1M | 2024-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 31 | current liabilities | us-gaap:LiabilitiesCurrent | $357.1M | 2024-12-31 | 2026-02-20 | 10-K | filing · viewer · series |
| 32 | cash | us-gaap:CashAndCashEquivalentsAtCarryingValue | $7.2M | 2026-06-30 | 2026-08-07 | 10-Q | filing · viewer · series |
| 33 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$5.3M | 2026-06-30 | 2026-08-07 | 10-Q | filing · viewer · series |
| 34 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$15.3M | 2026-03-31 | 2026-05-08 | 10-Q | filing · viewer · series |
| 35 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $59.1M | 2025-09-30 | 2025-11-07 | 10-Q | filing · viewer · series |
| 36 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $32.6M | 2025-06-30 | 2026-08-07 | 10-Q | filing · viewer · series |
Limitations [top]
Grade boundary. Percentile 99.1 is 19.1 points from the nearest band edge; sampling error is 2.7 points.
Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.
Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.
Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.
Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.
Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.
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