Live Analysis:
Ashland Inc.'s current price stands at $57.06, showing a decrease of 64 cents (-1.11%) from the previous close of $57.7. The trading volume is $75,752, reflecting an increase of 11.14% compared to the average.
Performance Streak:
The asset has experienced a positive streak over three days, with a 30 cent (0.53%) increase, starting at $56.76.
Earnings Overview:
On Monday, April 27th, Ashland Inc. reported earnings with a consensus estimate EPS of 0.957. The latest quarterly revenue consensus estimate was $485.57 million.
Dividends:
The company's forward dividend yield is 2.91%, with a dividend per share MRQ of 41.5 cents and a year-over-year increase of 3.125 cents.
Cash Flow:
Ashland Inc. generated a free cash flow of $111 million, with a net change in cash of $89 million, ending the period with $304 million in cash.
Income Statement:
The company reported revenue of $386 million, with a gross profit of $80 million. Operating income was -$6 million, resulting in a net income of -$12 million.
Ratios:
Key ratios include a quick ratio of 1.61, a gross profit margin of 20.73%, and a debt ratio of 34.79.
Balance Sheet:
Total assets amount to $4.52 billion, with total liabilities at $2.64 billion, and net debt at $1.27 billion.
This comprehensive overview provides valuable insights into Ashland Inc.'s current financial performance and position.
Ashland Inc. provides additives and specialty ingredients worldwide. It operates through Life Sciences; Personal Care & Household; Specialty Additives; and Intermediates and Solvents segments. The Life Sciences segment offers pharmaceutical solutions, including controlled release polymers, disintegrants, tablet coatings, thickeners, solubilizers, and tablet binders; nutrition solutions, such as thickeners, stabilizers, emulsifiers, and additives; and nutraceutical solutions comprising products for weight management, joint comfort, stomach and intestinal health, sports nutrition, and general wellness, as well as custom formulation, toll processing, and particle engineering solutions. The Personal Care & Household segment provides a range of nature-based, biodegradable, and performance ingredients; solutions for toothpastes, mouth washes and rinses, denture cleaning, and care for teeth; and household supplies nature-derived rheology ingredients, biodegradable surface wetting agents, performance encapsulates, and specialty polymers. The Specialty Additives segment offers rheology modifiers, foam control agents, surfactants and wetting agents, pH neutralizers, advanced ceramics used in catalytic converters, environmental filters, ingredients for the manufacturing of ceramic capacitors, plasma display panels and solar cells, ingredients for textile printing, thermoplastic metals, and alloys for welding. The Intermediates and Solvents segment produces 1,4 butanediol and related derivatives, including n-methylpyrrolidone. It offers its products to customers in a range of consumer and industrial markets, such as architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care, and pharmaceutical. The company was formerly known as Ashland Global Holdings Inc. Ashland Inc. was founded in 1924 and is based in Wilmington, Delaware.