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Ashland ASH Assets Held for Sale

Assets Held for Sale at other companies

International Flavors & Fragrances logo
International Flavors & FragrancesIFF
$0-100%
Ingevity logo
IngevityNGVT
$0

Other financials

Income statement

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Revenue$497.0M+7.3%
Gross profit$170.0M+28.8%
Operating income$43.0M+106%
Net income$16.0M+102%
EPS (diluted)$0.35+102%

Balance sheet

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Cash & equivalents$440.0M+113%
Total debt$1.5B-0.6%
Total equity$1.9B-1.0%
Total assets$4.6B-0.9%

Cash flow

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Operating cash flow$120.0M+4.3%
CapEx$20.0M0.0%
Free cash flow$100.0M+5.3%

Valuation

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Market cap$3.32B+40.6%
Enterprise value$4.35B+19.7%
P/E165.9×
P/S1.8×+0.5×

Profitability

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Gross margin31.5%+1.4pp
Operating margin4.1%
Net margin1.1%+0.5pp
FCF margin13.6%+9.7pp

Returns & leverage

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Return on equity1.1%+0.5pp
Debt / equity0.8×0.0×
Current ratio+0.4×

Where this comes from

Reported directly by Ashland in its filing.

Tagged under the XBRL concept us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent.

The source filing: Ashland’s 10-Q, filed January 29, 2025.

Filed
Jan 29, 2025
Fiscal quarter
Q1 FY2025
Calendar quarter
Q4 2024
Accession
0000950170-25-010377
(In millions - unaudited)December 312024September 302024
Accounts receivable, net(a) - Note H163243
Inventories - Note F528545
Other assets127107
Current assets held for sale - Note B32
Total current assets1,0691,195
Noncurrent assets
Property, plant and equipment
Cost3,2273,316

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Ashland's assets held for sale?
Ashland (ASH) reported assets held for sale of $32M in Q4 2024.
What is the long-term trend for Ashland's assets held for sale?
Over 2 years (2021 to 2024), Ashland's assets held for sale has grown at a -100.0% compound annual growth rate (CAGR), from $597M to $0.
What does assets held for sale mean?
Assets committed to a plan of sale, expected to be sold within one year, and carried at the lower of carrying amount or fair value less costs to sell.

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