Ashland Inc. (ASH)

Ashland Balance Sheet

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Cash & Equivalents	399	417	646	210	454	232
Cash & Short-Term Investments	399	417	646	210	454	232
Cash Growth	14.33%	-35.45%	207.62%	-53.74%	95.69%	-21.09%
Accounts Receivable	207	322	382	350	422	464
Receivables	207	322	382	350	422	464
Inventory	532	626	629	473	506	597
Other Current Assets	247	141	111	684	165	140
Total Current Assets	1,385	1,506	1,768	1,717	1,547	1,433
Property, Plant & Equipment	1,410	1,495	1,445	1,551	1,611	1,577
Long-Term Investments	6	3	3	4	5	6
Goodwill	1,352	1,362	1,312	1,430	1,305	2,253
Other Intangible Assets	761	892	969	1,106	1,017	1,094
Long-Term Deferred Tax Assets	160	22	20	30	26	23
Long-Term Deferred Charges	-	2	2	3	4	4
Other Long-Term Assets	673	657	694	771	1,362	861
Total Assets	5,747	5,939	6,213	6,612	6,877	7,251
Accounts Payable	198	210	265	236	211	313
Accrued Expenses	114	109	158	147	168	177
Short-Term Debt	-	16	-	365	280	166
Current Portion of Long-Term Debt	-	-	-	9	-	-
Current Portion of Leases	21	22	19	23	22	-
Other Current Liabilities	131	99	111	154	132	101
Total Current Liabilities	464	456	553	934	813	757
Long-Term Debt	1,325	1,314	1,270	1,596	1,573	1,501
Long-Term Leases	100	106	94	110	114	-
Long-Term Deferred Tax Liabilities	43	148	176	237	229	264
Other Long-Term Liabilities	751	718	797	839	955	1,008
Total Liabilities	2,780	2,842	2,993	3,860	3,841	3,680
Common Stock	-	1	1	1	1	1
Additional Paid-In Capital	-	4	135	327	769	756
Retained Earnings	3,466	3,595	3,653	2,796	2,649	3,224
Comprehensive Income & Other	-499	-503	-569	-372	-383	-410
Total Common Equity	2,967	3,097	3,220	2,752	3,036	3,571
Shareholders' Equity	2,967	3,097	3,220	2,752	3,036	3,571
Total Liabilities & Equity	5,747	5,939	6,213	6,612	6,877	7,251
Total Debt	1,446	1,458	1,383	2,103	1,989	1,667
Net Cash (Debt)	-1,047	-1,041	-737	-1,893	-1,535	-1,435
Net Cash Per Share	-20.23	-19.28	-13.16	-31.03	-25.16	-23.15
Filing Date Shares Outstanding	48.83	51.26	54.15	56.84	60.58	60.18
Total Common Shares Outstanding	48.83	51	57	57	61	60
Working Capital	921	1,050	1,215	783	734	676
Book Value Per Share	60.76	60.73	56.49	48.28	49.77	59.52
Tangible Book Value	854	843	939	216	714	224
Tangible Book Value Per Share	17.49	16.53	16.47	3.79	11.70	3.73
Land	-	146	138	142	145	148
Buildings	-	467	458	452	452	461
Machinery	-	2,371	2,324	2,278	2,215	2,361
Construction In Progress	-	227	130	194	190	195

Source: S&P Capital IQ. Standard template. Financial Sources.