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Ashland Inc. (ASH)

(Delayed Data from NYSE)

$95.49 USD

95.49
499,546

+1.60 (1.70%)

Updated Apr 18, 2024 04:00 PM ET

After-Market: $95.50 +0.01 (0.01%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value D Growth C Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 18% (44 out of 250)

Industry: Chemical - Specialty

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Balance Sheet

Research for ASH

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Ashland Inc falls in the month of September.

All items in Millions except Per Share data.

9/30/2023 9/30/2022 9/30/2021 9/30/2020 9/30/2019
Assets          
Cash & Equivalents 417 646 210 454 232
Receivables 338 402 369 471 481
Notes Receivable 0 0 0 0 0
Inventories 626 629 473 529 597
Other Current Assets 125 91 665 93 123
Total Current Assets 1,506 1,768 1,717 1,547 1,433
Net Property & Equipment 1,373 1,338 1,427 1,565 1,577
Investments & Advances 290 313 384 301 310
Other Non-Current Assets 127 138 134 136 157
Deferred Charges 22 20 30 26 23
Intangibles 2,248 2,275 2,529 2,771 3,341
Deposits & Other Assets 251 254 267 394 410
Total Assets 5,939 6,213 6,612 6,877 7,251
Liabilities & Shareholders Equity 9/30/2023 9/30/2022 9/30/2021 9/30/2020 9/30/2019
Notes Payable 0 0 0 0 0
Accounts Payable 210 265 236 233 313
Current Portion Long-Term Debt 16 0 374 280 166
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 208 269 251 277 271
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 50 0 7
Total Current Liabilities 456 553 934 813 757
Mortgages 0 0 0 0 0
Deferred Taxes/Income 148 176 237 229 264
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,314 1,270 1,596 1,573 1,501
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 818 900 983 1,102 1,158
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 2,842 2,993 3,860 3,841 3,680
Shareholders Equity 9/30/2023 9/30/2022 9/30/2021 9/30/2020 9/30/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 1 1 1 1
Capital Surplus 4 135 327 769 756
Retained Earnings 3,595 3,653 2,796 2,649 3,224
Other Equity -503 -569 -372 -383 -410
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 3,097 3,220 2,752 3,036 3,571
Total Liabilities & Shareholder's Equity 5,939 6,213 6,612 6,877 7,251
Total Common Equity 3,097 3,220 2,752 3,036 3,571
Shares Outstanding 51.20 54.10 60.70 60.40 60.50
Book Value Per Share 60.49 59.52 45.34 50.26 59.02

Fiscal Year End for Ashland Inc falls in the month of September.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 440 417 349 399
Receivables NA 194 338 345 395
Notes Receivable NA 0 0 0 0
Inventories NA 588 626 712 730
Other Current Assets NA 143 125 120 107
Total Current Assets NA 1,365 1,506 1,526 1,631
Net Property & Equipment NA 1,367 1,373 1,354 1,351
Investments & Advances NA 315 290 321 349
Other Non-Current Assets NA 124 127 129 133
Deferred Charges NA 45 22 20 20
Intangibles NA 2,271 2,248 2,299 2,325
Deposits & Other Assets NA 256 251 254 250
Total Assets NA 5,866 5,939 6,029 6,183
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 202 210 210 246
Current Portion Long-Term Debt NA 0 16 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 190 208 201 206
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 414 456 432 472
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 148 148 176 175
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 1,341 1,314 1,328 1,328
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 818 835 833
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 2,813 2,842 2,880 2,916
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 1 0 0
Capital Surplus NA 0 4 0 0
Retained Earnings NA 0 3,595 0 0
Other Equity NA 0 -503 0 0
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 3,053 3,097 3,149 3,267
Total Liabilities & Shareholder's Equity NA 5,866 5,939 6,029 6,183
Total Common Equity 0 3,053 3,097 3,149 3,267
Shares Outstanding 50.10 50.10 51.20 51.20 54.20
Book Value Per Share 0.00 60.94 60.49 61.50 60.28