Ashland Balance Sheet
NYSE: ASHConsumer DiscretionarySpecialty ChemicalsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ashland financial position
At the end of fiscal 2025, Ashland reported total assets of $4.61 billion, down 18.3% from a year earlier against total liabilities of $2.71 billion. Shareholders' equity stood at $1.90 billion, or 41.3% of assets. The company held $215.0 million in cash and equivalents against $1.38 billion of debt, a net debt position of $1.17 billion.
The current ratio (current assets divided by current liabilities) was 2.85, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.73.
Summary generated from market data by MetaCap's automated system. Methodology
Ashland balance sheet (annual)
| Fiscal year (USD) | FY 20252025-09-30 | FY 20242024-09-30 | FY 20232023-09-30 | FY 20222022-09-30 | FY 20212021-09-30 | FY 20202020-09-30 | FY 20192019-09-30 | FY 20182018-09-30 | FY 20162017-09-30 | FY 20162016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 215.00M | 300.00M | 417.00M | 646.00M | 210.00M | 454.00M | 232.00M | 294.00M | 566.00M | 1.02B |
| Receivables | 242.00M | 243.00M | 338.00M | 402.00M | 369.00M | 437.00M | 481.00M | 522.00M | 612.00M | 529.00M |
| Inventory | 568.00M | 545.00M | 626.00M | 629.00M | 473.00M | 506.00M | 597.00M | 596.00M | 634.00M | 539.00M |
| Total Current Assets | 1.21B | 1.20B | 1.51B | 1.77B | 1.72B | 1.55B | 1.43B | 1.71B | 1.90B | 2.89B |
| Property, Plant & Equipment | 1.20B | 1.30B | 1.37B | 1.34B | 1.43B | 1.49B | 1.58B | 1.65B | 1.97B | 1.90B |
| Goodwill | 705.00M | 1.38B | 1.36B | 1.31B | 1.43B | 1.30B | 1.80B | 2.30B | 2.31B | 2.14B |
| Intangible Assets | 563.00M | 751.00M | 886.00M | 963.00M | 1.10B | 1.01B | 1.09B | 1.19B | 1.32B | 1.06B |
| Total Assets | 4.61B | 5.64B | 5.94B | 6.21B | 6.61B | 6.88B | 7.25B | 8.26B | 8.62B | 10.00B |
| Accounts Payable | 189.00M | 214.00M | 210.00M | 265.00M | 236.00M | 211.00M | 313.00M | 331.00M | 409.00M | 376.00M |
| Short-Term Debt | 0 | 0 | 16.00M | 0 | 374.00M | 280.00M | 166.00M | 254.00M | 235.00M | 170.00M |
| Total Current Liabilities | 423.00M | 490.00M | 456.00M | 553.00M | 934.00M | 813.00M | 757.00M | 1.08B | 968.00M | 1.24B |
| Long-Term Debt | 1.38B | 1.35B | 1.31B | 1.27B | 1.60B | 1.57B | 1.50B | 2.27B | 2.58B | 2.33B |
| Total Liabilities | 2.71B | 2.78B | 2.84B | 2.99B | 3.86B | 3.84B | 3.68B | 4.85B | 5.21B | 6.83B |
| Shareholders' Equity | 1.90B | 2.87B | 3.10B | 3.22B | 2.75B | 3.04B | 3.57B | 3.41B | 3.41B | 3.35B |
| Retained Earnings | 2.30B | 3.31B | 3.60B | 3.65B | 2.80B | 2.65B | 3.22B | 2.75B | 2.70B | 2.70B |
| Total Debt | 1.38B | 1.35B | 1.33B | 1.27B | 1.97B | 1.85B | 1.67B | 2.53B | 2.82B | 2.50B |
| Net Cash (Debt) | -1.17B | -1.05B | -913.00M | -624.00M | -1.76B | -1.40B | -1.44B | -2.23B | -2.25B | -1.48B |
| Shares Outstanding | — | — | — | — | — | 61.00M | 60.00M | 62.00M | 62.00M | 62.00M |
This table shows 10 annual periods of Ashland's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow ASH's reporting calendar. What is a balance sheet?