CSIMarket
 


Ashland Inc   (ASH)
Other Ticker:  
 

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?


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)   (March 31, 2011)




Financial Statements
Ashland Inc 's Equity $ 3,097 Millions Visit ASH's Balance sheet
Ashland Inc 's Total Liabilities $ 2,297 Millions Visit ASH's Balance sheet
Source of ASH's Sales Visit ASH's Sales by Geography


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
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)   (June 30, 2008)




Companies with similar Leverage Ratio in the quarter ending Sep 30 2023, within Chemical Manufacturing Industry Leverage RatioSep 30 2023 MRQ Total LiabilitiesSep 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

Date modified: 2023-11-21T23:35:29+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com