ASHLAND INC.ASH

時価総額

$23億

PER

特殊添加剤・機能材料の大手。BDOや高機能添加剤、パーソナルケア原料や医薬用配合剤を展開。22年2月にPerformance Adhesives売却、24年8月にニュートラシューティカル事業売却。100カ国超で展開。

	2016年 9月30日	2017年 9月30日	2018年 9月30日	2019年 9月30日	2020年 9月30日	2021年 9月30日	2022年 9月30日	2023年 9月30日	2024年 9月30日
Net income	-28	28	114	505	-508	220	927	178	169
Loss (income) from discontinued operations, net of income taxes	-31	133	9	481	-17	47	746	10	-30
Depreciation and amortization	337	301	312	289	247	244	241	243	274
Amortization of Debt Issuance Costs	23	109	9	13	15	7	7	6	6
Deferred income taxes	23	30	-97	20	-43	-26	-35	-32	-302
Distributions from equity affiliates	-	-	-	-	-	1	-	-	-
Gain from sales of property and equipment	-	-	-	-	-	4	-	1	-
Stock based compensation expense - Note O	30	20	28	21	14	15	18	22	15
Excess tax benefits on stock based compensation	-	-	-	-	-	-	-1	-2	-
Loss on early retirement of debt	-	-	-	-	-59	-16	-	-	-
Loss (income) from restricted investments	-	-	-	17	30	33	-86	43	74
Loss (income) on acquisitions and divestitures, net - Notes B	9	4	-1	-	3	15	42	7	-107
Asset impairments	181	-	16	8	530	13	-	4	11
Pension contributions	35	7	9	5	6	8	5	8	15
Pension and Other Postretirement Benefits Cost (Reversal of Cost)	124	6	-12	-7	-	1	-22	-2	14
Change in operating assets and liabilities	-57	42	-1	129	-19	-80	237	58	-227
Total cash flows provided by operating activities from continuing operations	703	255	344	228	313	466	193	294	462
Additions to property, plant and equipment	300	199	185	154	138	105	113	170	137
Proceeds from Sale of Property, Plant, and Equipment	2	5	4	9	5	5	51	11	-
Purchase of operations - net of cash acquired	83	680	11	2	-	309	-	-	-
Proceeds from sale or restructuring of operations	-	-	-	-	9	14	-	-	26
Proceeds from Life Insurance Policy	-	-	-	-	8	91	3	6	1
Company-owned life insurance payments	-	-	37	-	6	6	4	5	5
Funds restricted for specific transactions	-	-	-	7	3	91	74	9	5
Reimbursement from restricted investments	-	-	-	32	35	33	35	58	79
Proceeds from sale of securities	-	-	-	348	21	149	87	47	53
Purchase of securities	-	-	-	348	21	149	87	47	53
Other investing cash flows	-	-	-	-	-	-	-	-	10
Proceeds from Hedge, Investing Activities	9	5	1	6	-	1	-	-	-
Total cash flows used by investing activities from continuing operations	-332	-829	-202	-118	-90	-367	-102	-109	-51
Proceeds from issuance of long-term debt	1,250	1,100	-	-	804	450	-	-	-
Repayment of long-term debt	1,595	915	311	797	767	411	250	-	-
Premium on long-term debt repayment	-	17	-	-	59	16	-	-	-
Proceeds from (repayment of) short-term debt	-156	75	15	-78	115	84	-365	16	-16
Repurchase of common stock	500	-	-	200	-	450	200	300	380
Debt issuance costs	15	15	2	-	11	6	2	-	-
Cash dividends paid	97	77	60	64	66	70	70	76	78
Stock based compensation employee withholding taxes paid in cash	-	-	10	10	7	7	9	11	5
Total cash flows used by financing activities from continuing operations	-	-	-	-	9	-426	-896	-371	-479
CASH USED BY CONTINUING OPERATIONS	-23	-420	-226	-1,039	232	-327	-805	-186	-68
Operating cash flows	-40	110	-47	13	-110	94	-406	-51	-51
Investing cash flows	-	-290	-	967	98	-14	1,658	-	-
Total cash provided (used) by discontinued operations	-40	-197	-47	980	-12	80	1,252	-51	-51
Effect of currency exchange rate changes on cash and cash equivalents	-	-	-	-	-	-	-11	8	2
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	-	-	-	-62	222	-244	436	-229	-117
Accounts receivable	-55	64	70	-38	-7	-72	23	-58	-96
Inventories	-44	23	29	4	-65	-41	141	7	-79
Trade and other payables	-59	60	85	-79	-50	3	34	-112	56
Other assets and liabilities	-17	15	-15	84	3	36	107	-3	4
CHANGE IN OPERATING ASSETS AND LIABILITIES	-57	42	-1	129	-19	-80	237	58	-227
Interest paid	-	-	126	124	77	62	56	53	52
Income Taxes Paid, Net	-	-	77	67	91	1	406	63	53