Ashland Global Holdings Inc. (ASH) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
8145 BLAZER DRIVE WILMINGTON, DE 19808 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| Industry (SIC) | 516 - Chemicals And Allied Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2023 MRQ | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 417 | 646 | 210 | 454 | 232 | 294 | |||
| Cash and cash equivalents | 417 | 646 | 210 | 454 | 232 | 294 | |||
| Receivables | 338 | 402 | 369 | 471 | 481 | 681 | |||
| Inventory, net of allowances, customer advances and progress billings | 626 | 629 | 473 | 529 | 597 | 663 | |||
| Inventory | 626 | 629 | 473 | 529 | 597 | 663 | |||
| Disposal group, including discontinued operation | 597 | 6 | 59 | ||||||
| Other current assets | 125 | 91 | 68 | 87 | 64 | 74 | |||
| Total current assets: | 1,506 | 1,768 | 1,717 | 1,547 | 1,433 | 1,712 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 122 | 107 | 124 | 137 | ✕ | ||||
| Nontrade receivables | 127 | 138 | 134 | 136 | 157 | 179 | |||
| Property, plant and equipment | 1,373 | 1,338 | 1,427 | 1,565 | 1,577 | 1,899 | |||
| Intangible assets, net (including goodwill) | 2,248 | 2,275 | 2,529 | 2,771 | 3,341 | 3,674 | |||
| Goodwill | 1,362 | 1,312 | 1,430 | 1,758 | 2,253 | 2,449 | |||
| Intangible assets, net (excluding goodwill) | 886 | 963 | 1,099 | 1,013 | 1,088 | 1,225 | |||
| Restricted cash and investments | 290 | 313 | 384 | 301 | 310 | 312 | |||
| Deferred income tax assets | 22 | 20 | 30 | 26 | ✕ | ||||
| Other noncurrent assets | 251 | 254 | 267 | 394 | 410 | 448 | |||
| Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 28 | ||
| Other undisclosed noncurrent assets | 23 | ||||||||
| Total noncurrent assets: | 4,433 | 4,445 | 4,895 | 5,330 | 5,818 | 6,540 | |||
| TOTAL ASSETS: | 5,939 | 6,213 | 6,612 | 6,877 | 7,251 | 8,252 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 418 | 534 | 487 | 510 | 584 | 821 | |||
| Accounts payable | 210 | 265 | 236 | 233 | 313 | 483 | |||
| Accrued liabilities | 208 | 269 | 251 | 277 | 271 | 338 | |||
| Debt | 16 | 374 | 280 | 166 | 254 | ||||
| Disposal group, including discontinued operation | 50 | 7 | |||||||
| Other undisclosed current liabilities | 22 | 19 | 23 | 23 | |||||
| Total current liabilities: | 456 | 553 | 934 | 813 | 757 | 1,075 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,314 | 1,364 | 1,706 | 1,697 | 1,501 | 2,275 | |||
| Long-term debt, excluding current maturities | 1,314 | 1,270 | 1,596 | 1,573 | 1,501 | 2,275 | |||
| Liabilities, other than long-term debt | 1,072 | 1,076 | 1,220 | 1,331 | 1,158 | 1,496 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 279 | ||
| Deferred income tax liabilities | 148 | 176 | 237 | 229 | ✕ | ||||
| Liability, pension and other postretirement and postemployment benefits | 100 | 103 | 144 | 157 | 150 | 179 | |||
| Estimated litigation liability | 427 | 472 | 490 | 513 | 555 | 612 | |||
| Other liabilities | 291 | 325 | 349 | 432 | 453 | 426 | |||
| Operating lease, liability | 106 | 94 | 110 | 124 | ✕ | ||||
| Other undisclosed noncurrent liabilities | 264 | ||||||||
| Total noncurrent liabilities: | 2,386 | 2,440 | 2,926 | 3,028 | 2,923 | 3,771 | |||
| Total liabilities: | 2,842 | 2,993 | 3,860 | 3,841 | 3,680 | 4,846 | |||
| Equity | |||||||||
| Equity, attributable to parent | 3,097 | 3,220 | 2,752 | 3,036 | 3,571 | 3,406 | |||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Additional paid in capital | 4 | 135 | 327 | 769 | 756 | 946 | |||
| Accumulated other comprehensive loss | (503) | (569) | (372) | (383) | (410) | (291) | |||
| Retained earnings | 3,595 | 3,653 | 2,796 | 2,649 | 3,224 | 2,750 | |||
| Other undisclosed equity, attributable to parent | |||||||||
| Total equity: | 3,097 | 3,220 | 2,752 | 3,036 | 3,571 | 3,406 | |||
| TOTAL LIABILITIES AND EQUITY: | 5,939 | 6,213 | 6,612 | 6,877 | 7,251 | 8,252 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2023 TTM | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,191 | 2,391 | 2,111 | 2,326 | 2,493 | 3,743 | ||
| Cost of revenue | (1,523) | (1,561) | (1,441) | (1,619) | (1,726) | (2,668) | ||
| Gross profit: | 668 | 830 | 670 | 707 | 767 | 1,075 | ||
| Operating expenses | (509) | (542) | (498) | (573) | (605) | (856) | ||
| Other operating income, net | 8 | 4 | 7 | |||||
| Other undisclosed operating income (loss) | 13 | 45 | 9 | (530) | 1 | |||
| Operating income (loss): | 172 | 333 | 181 | (388) | 166 | 227 | ||
| Nonoperating income (expense) | 34 | 22 | 15 | (4) | ||||
| Investment income, nonoperating | 33 | 22 | 15 | (4) | ||||
| Interest and debt expense | (3) | (4) | (20) | (62) | (4) | (4) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (60) | (75) | (107) | (105) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 169 | 329 | 135 | (503) | 70 | 114 | ||
| Income from equity method investments | 1 | |||||||
| Other undisclosed income (loss) from continuing operations before income taxes | (9) | (123) | (1) | |||||
| Income (loss) from continuing operations before income taxes: | 160 | 206 | 135 | (503) | 70 | 114 | ||
| Income tax expense (benefit) | 8 | (25) | 38 | 12 | (46) | (9) | ||
| Income (loss) from continuing operations: | 168 | 181 | 173 | (491) | 24 | 105 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | 927 | 220 | (508) | 505 | 114 | |
| Income (loss) from discontinued operations | 10 | 746 | 47 | (17) | 481 | 9 | ||
| Net income (loss) available to common stockholders, diluted: | 178 | 927 | 220 | (508) | 505 | 114 | ||
Comprehensive Income ($ in millions)
| 12/31/2023 TTM | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 178 | 927 | 220 | (508) | 505 | 114 | ||
| Other comprehensive income (loss) | 66 | (197) | 11 | 27 | (85) | (69) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 244 | 730 | 231 | (481) | 420 | 45 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.