ASHLAND INC.ASH

Market cap

$2.3B

P/E ratio

	Sep 30, 2016	Sep 30, 2017	Sep 30, 2018	Sep 30, 2019	Sep 30, 2020	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024
Cash and cash equivalents	1,188	566	294	232	454	210	646	417	300
Accounts receivable - Notes A and H	894	612	681	481	471	369	402	338	243
Inventory, Net	671	634	663	597	529	473	629	626	545
Other assets	113	91	74	64	87	68	91	125	107
Total current assets	2,866	1,903	1,712	1,433	1,547	1,717	1,768	1,506	1,195
Cost	4,343	3,762	3,847	3,165	3,265	3,066	3,050	3,211	3,316
Accumulated depreciation	2,119	1,792	1,948	1,588	1,700	1,639	1,712	1,838	2,013
Net property, plant and equipment	2,224	1,970	1,899	1,577	1,565	1,427	1,338	1,373	1,303
Goodwill	2,401	2,465	2,449	2,253	1,758	1,430	1,312	1,362	1,381
Intangibles - Note G	1,064	1,319	1,225	1,088	1,013	1,099	963	886	751
Operating lease right-of-use assets	-	-	-	-	137	124	107	122	114
Restricted investments - Note E	292	302	312	310	301	384	313	290	295
Insurance Settlements Receivable, Noncurrent	196	209	179	157	136	134	138	127	132
Deferred income taxes - Note K	-	-	-	-	26	30	20	22	210
Other assets - Note I	420	422	448	410	394	267	254	251	264
Total noncurrent 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
Short-Term Debt	170	235	254	166	280	365	-	16	-
Trade and other payables	541	409	483	313	233	236	265	210	214
Accrued Liabilities, Current	486	324	338	271	277	251	269	208	256
Operating Lease, Liability, Current	-	-	-	-	23	23	19	22	20
Total current liabilities	1,216	968	1,075	757	813	934	553	456	490
Long-term debt - Note H	3,055	2,584	2,275	1,501	1,573	1,596	1,270	1,314	1,349
Asbestos litigation reserve - Note M	686	694	612	555	513	490	472	427	414
Deferred income taxes - Note K	-	-	-	-	229	237	176	148	29
Employee benefit obligations - Note L	1,080	191	179	150	157	144	103	100	110
Operating lease obligations - Note J	-	-	-	-	124	110	94	106	99
Noncurrent liabilities held for sale - Note C	-	-	-	-	-	-	-	-	-
Other liabilities - Note I	426	400	426	453	432	349	325	291	286
Total noncurrent liabilities	5,316	4,244	3,771	2,923	3,028	2,926	2,440	2,386	2,287
Commitments and Contingencies	-	-	-	-	-	-	-	-	-
Common Stock, Value, Issued	1	1	1	1	1	1	1	1	1
Paid-in capital	923	931	946	756	769	327	135	4	-
Retained earnings	2,704	2,696	2,750	3,224	2,649	2,796	3,653	3,595	3,315
Accumulated other comprehensive loss	-281	-222	-291	-410	-383	-372	-569	-503	-448
Total equity	3,347	3,406	3,406	3,571	3,036	2,752	3,220	3,097	2,868
Total liabilities and equity	9,697	8,618	8,252	7,251	6,877	6,612	6,213	5,939	5,645