Ashland Inc. (ASH) quarterly balance sheet — complete assets, liabilities & equity history
Ashland Inc. (ASH) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Total Current Assets | 1.34B | 1.29B | 1.21B | 1.15B | 1.12B | 1.12B | 1.07B | 1.07B | 1.2B | 1.39B | 1.39B | 1.36B | 1.51B | 1.53B | 1.63B | 1.72B | 1.77B | 1.82B | 2.02B | 1.73B |
| Cash & Short-Term Investments | 480M | 440M | 343M | 354M | 207M | 207M | 168M | 219M | 300M | 399M | 399M | 440M | 417M | 349M | 399M | 532M | 646M | 629M | 964M | 194M |
| Cash Only | 480M | 440M | 343M | 304M | 207M | 207M | 168M | 219M | 300M | 399M | 399M | 440M | 417M | 349M | 399M | 532M | 646M | 629M | 964M | 194M |
| Short-Term Investments | 0 | 0 | 0 | 50M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 266M | 256M | 244M | 190M | 201M | 201M | 226M | 163M | 243M | 224M | 224M | 194M | 338M | 345M | 395M | 351M | 402M | 488M | 407M | 340M |
| Days Sales Outstanding | 48.22 | 45.77 | 40.52 | 46.6 | 38.69 | 41.96 | 36.54 | 46.11 | 41.15 | 37.47 | 33.08 | 51.74 | 60.77 | 61.67 | 55.67 | 65.98 | 64.78 | 63.23 | 55.65 | 63.7 |
| Inventory | 482M | 490M | 506M | 565M | 567M | 567M | 542M | 528M | 545M | 532M | 532M | 588M | 626M | 712M | 730M | 724M | 629M | 609M | 573M | 530M |
| Days Inventory Outstanding | 140.16 | 132.51 | 143.87 | 170.17 | 163.52 | 128.4 | 145.03 | 158.71 | 142.36 | 135.23 | 123.09 | 148.92 | 158.22 | 178.29 | 161.16 | 172.88 | 134.95 | 133.12 | 129.26 | 131.45 |
| Other Current Assets | 108M | 106M | 116M | 45M | 149M | 149M | 139M | 159M | 107M | 230M | 230M | 143M | 125M | 120M | 107M | 117M | 91M | 91M | 81M | 670M |
| Total Non-Current Assets | 3.19B | 3.29B | 3.29B | 3.37B | 3.5B | 3.5B | 4.16B | 4.16B | 4.45B | 4.36B | 4.36B | 4.5B | 4.43B | 4.5B | 4.55B | 4.54B | 4.45B | 4.59B | 4.75B | 4.82B |
| Property, Plant & Equipment | 1.23B | 1.25B | 1.26B | 1.28B | 1.3B | 1.3B | 1.32B | 1.33B | 1.42B | 1.41B | 1.41B | 1.49B | 1.5B | 1.48B | 1.48B | 1.45B | 1.45B | 1.46B | 1.5B | 1.52B |
| Fixed Asset Turnover | 0.40x | 0.40x | 0.38x | 0.30x | 0.37x | 0.35x | 0.36x | 0.29x | 0.37x | 0.39x | 0.40x | 0.32x | 0.35x | 0.37x | 0.41x | 0.36x | 0.43x | 0.44x | 0.40x | 0.33x |
| Goodwill | 698M | 700M | 700M | 707M | 705M | 705M | 1.36B | 1.33B | 1.38B | 1.35B | 1.35B | 1.4B | 1.36B | 1.38B | 1.39B | 1.37B | 1.31B | 1.36B | 1.4B | 1.41B |
| Intangible Assets | 498M | 513M | 529M | 548M | 578M | 578M | 580M | 588M | 757M | 761M | 761M | 875M | 892M | 916M | 940M | 959M | 969M | 1B | 1.04B | 1.07B |
| Long-Term Investments | 248M | 424M | 0 | 421M | 424M | 0 | 0 | 0 | 3M | 0 | 0 | 0 | 3M | 0 | 0 | 0 | 3M | 0 | 0 | 0 |
| Other Non-Current Assets | 376M | 243M | 640M | 251M | 247M | 671M | 663M | 670M | 682M | 679M | 679M | 695M | 659M | 704M | 732M | 734M | 696M | 744M | 785M | 788M |
| Total Assets | 4.53B | 4.58B | 4.5B | 4.52B | 4.62B | 4.62B | 5.23B | 5.23B | 5.64B | 5.75B | 5.75B | 5.87B | 5.94B | 6.03B | 6.18B | 6.26B | 6.21B | 6.41B | 6.78B | 6.55B |
| Asset Turnover | 0.11x | 0.11x | 0.11x | 0.08x | 0.10x | 0.09x | 0.09x | 0.07x | 0.09x | 0.09x | 0.10x | 0.08x | 0.09x | 0.09x | 0.10x | 0.08x | 0.10x | 0.10x | 0.09x | 0.08x |
| Asset Growth % | -2.03% | -0.93% | -14.03% | -13.61% | -18.14% | -19.59% | -8.94% | -10.83% | -4.95% | -4.68% | -7.05% | -6.28% | -4.41% | -5.97% | -8.81% | -4.43% | -6.03% | -5.23% | 1.74% | -2.86% |
| Total Current Liabilities | 452M | 424M | 395M | 366M | 420M | 420M | 463M | 425M | 490M | 464M | 464M | 414M | 456M | 432M | 472M | 464M | 553M | 550M | 810M | 908M |
| Accounts Payable | 210M | 198M | 181M | 167M | 185M | 185M | 185M | 184M | 214M | 198M | 198M | 202M | 210M | 210M | 246M | 246M | 265M | 241M | 248M | 236M |
| Days Payables Outstanding | 58.83 | 50.42 | 46.75 | 52.91 | 53.35 | 42.84 | 50.02 | 58.87 | 54.46 | 50.33 | 43.96 | 50.54 | 49.67 | 56.38 | 54.53 | 65.29 | 55.16 | 55.07 | 56.72 | 61.86 |
| Short-Term Debt | 4M | 0 | 0 | 19M | 0 | 0 | 50M | 0 | 0 | 0 | 0 | 0 | 16M | 0 | 0 | 0 | 0 | 0 | 0 | 389M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 180M | 0 | 0 | 0 | 14M | 0 | 15M | 15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 47M |
| Current Ratio | 2.96x | 3.05x | 3.06x | 3.15x | 2.68x | 2.68x | 2.32x | 2.52x | 2.44x | 2.98x | 2.98x | 3.30x | 3.30x | 3.53x | 3.46x | 3.72x | 3.20x | 3.30x | 2.50x | 1.91x |
| Quick Ratio | 1.89x | 1.89x | 1.78x | 1.61x | 1.33x | 1.33x | 1.15x | 1.27x | 1.33x | 1.84x | 1.84x | 1.88x | 1.93x | 1.88x | 1.91x | 2.16x | 2.06x | 2.20x | 1.79x | 1.33x |
| Cash Conversion Cycle | 129.55 | 127.86 | 137.64 | 163.85 | 148.86 | 127.52 | 131.56 | 145.95 | 129.06 | 122.37 | 112.21 | 150.12 | 169.33 | 183.58 | 162.3 | 173.57 | 144.57 | 141.28 | 128.19 | 133.29 |
| Total Non-Current Liabilities | 2.23B | 2.28B | 2.24B | 2.27B | 2.31B | 2.31B | 2.21B | 2.21B | 2.29B | 2.32B | 2.32B | 2.4B | 2.39B | 2.45B | 2.44B | 2.48B | 2.44B | 2.6B | 2.59B | 2.88B |
| Long-Term Debt | 1.37B | 1.37B | 1.37B | 1.47B | 1.38B | 1.38B | 1.34B | 1.31B | 1.35B | 1.32B | 1.32B | 1.34B | 1.31B | 1.33B | 1.33B | 1.32B | 1.27B | 1.3B | 1.34B | 1.58B |
| Capital Lease Obligations | 83M | 84M | 85M | 83M | 85M | 84M | 82M | 83M | 99M | 100M | 100M | 107M | 106M | 109M | 108M | 95M | 94M | 100M | 102M | 104M |
| Deferred Tax Liabilities | 24M | 31M | 31M | 31M | 28M | 28M | 29M | 28M | 29M | 43M | 43M | 148M | 148M | 176M | 175M | 176M | 176M | 218M | 218M | 238M |
| Other Non-Current Liabilities | 753M | 795M | 748M | 691M | 818M | 818M | 764M | 790M | 810M | 848M | 848M | 803M | 818M | 835M | 833M | 890M | 900M | 976M | 933M | 956M |
| Total Liabilities | 2.68B | 2.71B | 2.63B | 2.64B | 2.73B | 2.73B | 2.67B | 2.64B | 2.78B | 2.78B | 2.78B | 2.81B | 2.84B | 2.88B | 2.92B | 2.94B | 2.99B | 3.15B | 3.4B | 3.79B |
| Total Debt | 1.47B | 1.48B | 1.48B | 1.57B | 1.49B | 1.49B | 1.49B | 1.42B | 1.47B | 1.45B | 1.45B | 1.47B | 1.46B | 1.46B | 1.46B | 1.43B | 1.38B | 1.42B | 1.46B | 2.1B |
| Net Debt | 992M | 1.04B | 1.14B | 1.27B | 1.28B | 1.28B | 1.32B | 1.2B | 1.17B | 1.05B | 1.05B | 1.03B | 1.04B | 1.11B | 1.06B | 897M | 737M | 791M | 495M | 1.9B |
| Debt / Equity | 0.80x | 0.79x | 0.79x | 0.84x | 0.79x | 0.79x | 0.58x | 0.55x | 0.51x | 0.49x | 0.49x | 0.48x | 0.47x | 0.46x | 0.45x | 0.43x | 0.43x | 0.43x | 0.43x | 0.76x |
| Debt / EBITDA | 19.89x | 16.58x | 17.60x | 37.43x | 13.38x | 14.01x | 13.40x | 19.14x | 17.48x | - | 13.90x | 24.92x | 28.04x | 11.85x | 10.11x | 14.89x | 7.68x | 8.21x | 9.06x | 20.54x |
| Net Debt / EBITDA | 13.41x | 11.64x | 13.51x | 30.19x | 11.51x | 12.06x | 11.88x | 16.18x | 13.90x | - | 10.07x | 17.46x | 20.02x | 9.02x | 7.34x | 9.34x | 4.09x | 4.57x | 3.07x | 18.64x |
| Interest Coverage | 1.43x | 5.54x | 2.33x | 0.12x | 5.00x | -38.11x | 3.60x | -10.61x | 2.67x | -4.83x | 1.88x | 1.13x | -2.00x | 5.00x | 7.00x | 4.27x | 4.41x | 4.71x | 4.35x | 3.12x |
| Total Equity | 1.85B | 1.87B | 1.87B | 1.88B | 1.89B | 1.89B | 2.56B | 2.59B | 2.87B | 2.97B | 2.97B | 3.05B | 3.1B | 3.15B | 3.27B | 3.32B | 3.22B | 3.27B | 3.38B | 2.76B |
| Equity Growth % | -2.17% | -1.01% | -27.08% | -27.55% | -34.14% | -36.33% | -13.75% | -15.1% | -7.39% | -5.78% | -9.18% | -7.99% | -3.82% | -3.58% | -3.37% | 20.09% | 17.01% | 2% | 8.57% | -11.5% |
| Book Value per Share | 40.17 | 40.65 | 40.57 | 40.83 | 41.07 | 41.07 | 54.45 | 55.15 | 58.53 | 58.18 | 58.18 | 59.86 | 60.73 | 59.42 | 59.40 | 60.33 | 58.55 | 59.38 | 59.32 | 47.64 |
| Total Shareholders' Equity | 1.85B | 1.87B | 1.87B | 1.88B | 1.89B | 1.89B | 2.56B | 2.59B | 2.87B | 2.97B | 2.97B | 3.05B | 3.1B | 3.15B | 3.27B | 3.32B | 3.22B | 3.27B | 3.38B | 2.76B |
| Common Stock | 0 | 18M | 13M | 9M | 3M | 3M | 1M | 2M | 1M | 0 | 0 | 1M | 1M | 0 | 0 | 134M | 1M | 133M | 0 | 0 |
| Retained Earnings | 0 | 2.26B | 2.26B | 2.27B | 2.29B | 2.29B | 3.05B | 3.13B | 3.31B | 3.47B | 3.47B | 3.5B | 3.6B | 3.62B | 3.73B | 3.67B | 3.65B | 3.61B | 3.6B | 2.83B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | -409M | -411M | -399M | -400M | -400M | -490M | -541M | -448M | -499M | -499M | -450M | -503M | -470M | -467M | -491M | -569M | -481M | -392M | -392M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |