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Ashland Inc 's Leverage Ratio
ASH's quarterly Leverage Ratio and Total Liabilities, Equity growth
In Spite of the repayements of liabilities of -0.35%, in IV Quarter 2023 ,Leverage Ratio deteriorated to 0.74, below the Ashland Inc 's average Leverage Ratio.
Within Chemical Manufacturing industry in the forth quarter 2023, 29 other companies have achieved lower Leverage Ratio than Ashland Inc in the IV Quarter 2023. While Leverage Ratio total ranking has deteriorated compared to the third quarter 2023 from 126 to 1429 .
Explain Leverage Ratio?
Who are ASH Customers?
What are ASH´s Total Liabilities?
Select the Comparisons :
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Select the Ratio:
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ASH Leverage Ratio |
(Sep 30 2023) IV. Quarter |
(Jun 30 2023) III. Quarter |
(Mar 31 2023) II. Quarter |
(Dec 31 2022) I. Quarter |
(Sep 30 2022) IV. Quarter |
Y / Y Equity Change |
-3.82 % |
-3.58 % |
-3.37 % |
20.09 % |
17.01 % |
Y / Y Total Liabilities Change |
-4.21 % |
-18.49 % |
-23.58 % |
-38.09 % |
-37.88 % |
Leverage Ratio MRQ |
0.74 |
0.73 |
0.72 |
0.71 |
0.74 |
ASH's Total
Ranking |
# 1429 |
# 126 |
# 1260 |
# 61 |
# 1513 |
Seq. Equity Change |
-1.65 % |
-3.61 % |
-1.54 % |
3.04 % |
-1.41 % |
Seq. Total Liabilities Change |
-0.35 % |
-2.04 % |
0.38 % |
-2.25 % |
-15.21 % |
Leverage Ratio forth quarter 2023 Company Ranking |
Within: |
No. |
Chemical Manufacturing Industry |
# 30 |
Basic Materials Sector |
# 111 |
Overall Market |
# 1429 |
Leverage Ratio Statistics |
High |
Average |
Low |
2.8 |
1.37 |
0.55 |
(Dec 31 2015) |
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(March 31, 2011) |
Cumulative Ashland Inc 's Leverage Ratio
ASH's Leverage Ratio for the trailling 12 Months
ASH Leverage Ratio |
(Sep 30 2023) IV. Quarter |
(Jun 30 2023) III. Quarter |
(Mar 31 2023) II. Quarter |
(Dec 31 2022) I. Quarter |
(Sep 30 2022) IV. Quarter |
Y / Y Equity TTM Growth |
-3.82 % |
-3.58 % |
-3.37 % |
20.09 % |
17.01 % |
Y / Y Total Liabilities TTM Growth |
-4.21 % |
-18.49 % |
-23.58 % |
-38.09 % |
-37.88 % |
Leverage Ratio TTM |
0.72 |
0.73 |
0.76 |
0.81 |
0.96 |
Total
Ranking TTM |
# 1323
| # 7
| # 7
| # 858
| # 1763
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Seq. Equity TTM Growth |
-1.65 % |
-3.61 % |
-1.54 % |
3.04 % |
-1.41 % |
Seq. Total Liabilities TTM Growth |
-0.35 % |
-2.04 % |
0.38 % |
-2.25 % |
-15.21 % |
On the trailing twelve months basis Due to repayements of liabilities of -0.35% Ashland Inc decreased Leverage Ratio in the 12 months ending in IV Quarter 2023 to 0.72, below the company's average Leverage Ratio. Leverage Ratio is the average cumulative value over the last four quarters.
Among companies in the Chemical Manufacturing industry 21, during the past 12 months, other companies have achieved lower Leverage Ratio than Ashland Inc . While Leverage Ratio total ranking has deteriorated during the twelve months ending in the IV Quarter 2023, compared to the prior period, from 7 to 1323.
Explain Leverage Ratio?
Who are ASH Customers?
What are ASH´s Total Liabilities?
TTM Leverage Ratio Company Ranking |
Within: |
No. |
Within the Chemical Manufacturing Industry |
# 22 |
Basic Materials Sector |
# 91 |
Within the Market |
# 1323 |
trailing twelve months Leverage Ratio Statistics |
High |
Average |
Low |
2.58 |
1.41 |
0.76 | (June 30. 2016) |
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(June 30, 2008) |
Companies with similar Leverage Ratio in the quarter ending Sep 30 2023, within Chemical Manufacturing Industry | Leverage Ratio | Sep 30 2023 MRQ Total Liabilities | Sep 30 2023 MRQ Equity | Tronox Holdings Plc | 1.98 | $ 4,027.000 Millions | $ 2,036.000 Millions | Fmc Corporation | 1.97 | $ 6,522.600 Millions | $ 3,314.500 Millions | Olin Corporation | 1.96 | $ 4,648.300 Millions | $ 2,367.500 Millions | Huntsman Corporation | 1.96 | $ 7,157.000 Millions | $ 3,654.000 Millions | Ecolab Inc | 1.80 | $ 14,062.300 Millions | $ 7,822.500 Millions | Ppg Industries Inc | 1.73 | $ 13,750.000 Millions | $ 7,935.000 Millions | Fuller H B Co | 1.70 | $ 2,933.465 Millions | $ 1,727.126 Millions | Rpm International Inc | 1.65 | $ 3,768.766 Millions | $ 2,282.836 Millions | Procter and Gamble Co | 1.56 | $ 74,838.000 Millions | $ 48,014.000 Millions | Cabot Corporation | 1.46 | $ 2,059.000 Millions | $ 1,407.000 Millions | Ecovyst Inc | 1.44 | $ 973.767 Millions | $ 677.856 Millions | Azz Inc | 1.40 | $ 1,260.061 Millions | $ 898.077 Millions | Newmarket Corporation | 1.31 | $ 1,269.359 Millions | $ 971.943 Millions | Element Solutions Inc | 1.22 | $ 2,738.600 Millions | $ 2,246.200 Millions | Church and Dwight Co Inc | 1.15 | $ 4,651.700 Millions | $ 4,050.500 Millions | Valhi inc | 1.14 | $ 1,443.500 Millions | $ 1,265.200 Millions | Air Products And Chemicals Inc | 1.13 | $ 17,689.600 Millions | $ 15,660.300 Millions | Green Plains Inc | 1.07 | $ 1,040.363 Millions | $ 974.496 Millions | Quaker Chemical Corporation | 1.04 | $ 1,392.128 Millions | $ 1,341.101 Millions | Methanex Corporation | 1.01 | $ 2,199.843 Millions | $ 2,173.017 Millions | Wd 40 Company | 1.01 | $ 211.651 Millions | $ 210.178 Millions | Perimeter Solutions Sa | 1.00 | $ 1,182.551 Millions | $ 1,177.385 Millions | Kronos Worldwide inc | 0.98 | $ 819.600 Millions | $ 833.200 Millions | Minerals Technologies Inc | 0.98 | $ 1,591.900 Millions | $ 1,622.600 Millions | Westlake Corporation | 0.94 | $ 10,642.000 Millions | $ 11,285.000 Millions | Lanzatech Global Inc | 0.92 | $ 117.872 Millions | $ 128.475 Millions | Linde Plc | 0.89 | $ 35,617.000 Millions | $ 40,225.000 Millions | Luxfer Holdings Plc | 0.86 | $ 176.100 Millions | $ 205.400 Millions | Stepan Company | 0.84 | $ 1,004.452 Millions | $ 1,202.771 Millions | Sensient Technologies Corp | 0.82 | $ 872.373 Millions | $ 1,057.656 Millions |
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