ASH has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
ASH has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Ashland's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $20 Mil. Ashland's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $1,396 Mil. Ashland's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $2,592 Mil. Ashland's debt to equity for the quarter that ended in Dec. 2024 was 0.55.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Ashland's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Ashland was 1.59. The lowest was 0.43. And the median was 0.73.
The historical data trend for Ashland's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ashland Annual Data | |||||||||||||||||||||
Trend | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | Sep24 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial |
![]() |
![]() |
0.66 | 0.76 | 0.43 | 0.47 | 0.51 |
Ashland Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Debt-to-Equity | Get a 7-Day Free Trial |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
0.48 | 0.46 | 0.49 | 0.51 | 0.55 |
For the Specialty Chemicals subindustry, Ashland's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Chemicals industry and Basic Materials sector, Ashland's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Ashland's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Ashland's Debt to Equity Ratio for the fiscal year that ended in Sep. 2024 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (20 | + | 1448) | / | 2868 | |
= | 0.51 |
Ashland's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (20 | + | 1396) | / | 2592 | |
= | 0.55 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ashland (NYSE:ASH) Debt-to-Equity Explanation
In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.
Be Aware
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Thank you for viewing the detailed overview of Ashland's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Guillermo Novo | director, officer: Chairman and CEO | AIR PRODUCTS AND CHEMICALS, INC., 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195 |
Eric N Boni | officer: Principal Accounting Officer | 8145 BLAZER DRIVE, WILMINGTON DE 19808 |
Robin E. Lampkin | officer: SVP, Gen. Counsel & Secretary | 5475 RINGS ROAD, NORTH TOWER, 5TH FLOOR, DUBLIN OH 43017 |
J Kevin Willis | officer: Chief Financial Officer | 50 E RIVERCENTER BLVD, COVINGTON KY 41011 |
James P. Minicucci | officer: SVP Strategy, M&A & Portfolio | 5474 RINGS ROAD, NORTH TOWER, 5TH FLOOR, DUBLIN OH 43017 |
Karl R. Bostaph | officer: SVP Operations | 5474 RINGS ROAD, NORTH TOWER, 5TH FLOOR, DUBLIN OH 43017 |
Sergio Pedreiro | director | 2 PARK AVENUE, NEW YORK NY 10016 |
Eileen Drury | officer: SVP and Chief Human Resources | 8145 BLAZER DRIVE, WILMINGTON DE 19808 |
Ricky C Sandler | director, other: See Remarks | 65 EAST 55TH STREET, 25TH FLOOR, NEW YORK NY 10022 |
Steven D Bishop | director | ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202 |
Suzan F. Harrison | director | 77 WEST WACKER DRIVE, SUITE 4600, CHICAGO IL 60601 |
Winkler Von Mohrenfels Petra Yvonne | officer: Sr. VP, GC and Secretary | 8145 BLAZER DRIVE, WILMINGTON DE 19808 |
Min Chong | officer: Sr VP & Gen Mgr, Spc Additives | 8145 BLAZER DRIVE, WILMINGTON DE 19808 |
Osama M Musa | officer: Sr. Vice President | ASHLAND GLOBAL HOLDINGS INC, 1005 ROUTE 202/206, BRIDGEWATER NJ 08807 |
Swaminathan Ashok Kalyana | officer: Sr VP & Gen Mgr, Life Sciences | 8145 BLAZER DRIVE, WILMINGTON DE 19808 |
From GuruFocus
By GlobeNewswire • 12-23-2024
By GuruFocus News • 11-08-2024
By GlobeNewswire • 12-09-2024
By GuruFocus News • 12-07-2024
By Marketwired • 12-23-2024
By GuruFocus News • 01-28-2025
By GuruFocus News • 11-07-2024
By GuruFocus News • 01-29-2025
By GuruFocus News • 01-31-2025
By GuruFocus News • 02-04-2025
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.