ASHLAND INC.【ASH】Balance sheet

Market cap

$2.8B

P/E ratio

	2016/09	2017/09	2018/09	2019/09	2020/09	2021/09	2022/09	2023/09	2024/09
Cash and cash equivalents	1,188	566	294	232	454	210	646	417	300
Total cash & short-term investments	1,188	566	294	232	454	210	646	417	300
Accounts receivable, net	894	612	681	481	471	369	402	338	243
Inventories	671	634	663	597	529	473	629	626	545
Total current assets	2,866	1,903	1,712	1,433	1,547	1,717	1,768	1,506	1,195
Property, plant and equipment, net	2,224	1,970	1,899	1,577	1,565	1,427	1,338	1,373	1,303
Total non-current assets	6,831	6,715	6,540	5,818	5,330	4,895	4,445	4,433	4,450
Total assets	9,697	8,618	8,252	7,251	6,877	6,612	6,213	5,939	5,645
Accounts payable	541	409	483	313	233	236	265	210	214
Long-term debt, current	19	-	-	-	-	9	-	-	-
Total current liabilities	1,216	968	1,075	757	813	934	553	456	490
Long-term debt, non-current	3,055	2,584	2,275	1,501	1,573	1,596	1,270	1,314	1,349
Total non-current liabilities	5,316	4,244	3,771	2,923	3,028	2,926	2,440	2,386	2,287
Common stock and paid-in capital	1	1	1	1	1	1	1	1	1
Retained earnings	2,704	2,696	2,750	3,224	2,649	2,796	3,653	3,595	3,315
Stockholders' equity	3,347	3,406	3,406	3,571	3,036	2,752	3,220	3,097	2,868
Total debt	2,325	2,584	2,275	1,501	1,573	1,605	1,270	1,314	1,349
Net debt	1,137	2,018	1,981	1,269	1,119	1,395	624	897	1,049
D/E ratio (%)	69.5	75.9	66.8	42	51.8	58.3	39.4	42.4	47
Working capital