How much debt does Ashland have?
According to Ashland's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Ashland's total debt stands at $1.47B. This is broken down into:
- Long-term debt: $1.45B
- Short-term debt: $20.00M
The company's net debt, which accounts for cash and cash equivalents, is $1.17B. In terms of overall financial obligations, Ashland's total liabilities amount to $2.78B.
Debt Ratios and Metrics
To better understand Ashland's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.51 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 26.01% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: -0.60 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 31.99% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 33.86% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Ashland's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$1.47B
Long-term Debt
$1.45B
Short-term Debt
$20.00M
Net Debt
$1.17B
Total Liabilities
$2.78B
Interest Coverage
-0.60
Debt to Equity Ratio
0.51
Debt Ratio
26.01%
Ashland Historical Debt Metrics
Ashland Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $1.47B | $1.45B | $20.00M | $1.17B | $2.78B | 0.51 | 26.01% | -0.60 | 31.99% | 33.86% |
| 2023 | $1.46B | $1.42B | $38.00M | $1.04B | $2.84B | 0.47 | 24.55% | 3.02 | 29.79% | 32.01% |
| 2022 | $1.38B | $1.36B | $19.00M | $737.00M | $2.99B | 0.43 | 22.26% | 5.05 | 28.29% | 30.05% |
| 2021 | $2.10B | $1.71B | $397.00M | $1.89B | $3.86B | 0.76 | 31.81% | 2.78 | 36.71% | 43.32% |
| 2020 | $1.99B | $1.69B | $302.00M | $1.53B | $3.84B | 0.66 | 28.92% | -3.87 | 34.13% | 39.58% |
| 2019 | $1.67B | $1.50B | $166.00M | $1.44B | $3.68B | 0.47 | 22.99% | 1.46 | 29.59% | 31.83% |
| 2018 | $2.53B | $2.27B | $254.00M | $2.23B | $4.85B | 0.74 | 30.62% | 0.88 | 40.05% | 42.61% |
| 2017 | $2.82B | $2.58B | $235.00M | $2.25B | $5.21B | 0.83 | 32.71% | 0.57 | 43.14% | 45.29% |
| 2016 | $2.50B | $2.33B | $170.00M | $1.48B | $6.83B | 0.75 | 24.95% | -0.27 | 40.99% | 42.71% |
| 2015 | $3.73B | $3.35B | $381.00M | $2.47B | $7.02B | 1.23 | 37.09% | 0.61 | 52.44% | 55.11% |
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