Ascent Industries Co. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Debt (Tables)

Debt (Tables)

12 Months Ended

Dec. 31, 2022


(in thousands)	2022		2021
Revolving line of credit, due January 15, 2025	$	67,442	$	65,571
Term loan, due January 15, 2025	4,107		4,821
Total long-term debt	71,549		70,392
Less: Current portion of long-term debt	(2,464)		(2,464)
Long-term debt, less current portion	$	69,085	$	67,928

Schedule of Maturities of Long-term Debt

Principal payments on long-term debt are as follows (in thousands):


2023	$	2,464
2024	2,464
2025	$	66,621

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details