Ashland Total Stockholder Equity vs Retained Earnings Analysis
ASH Stock | USD 79.08 1.44 1.85% |
Ashland Global financial indicator trend analysis is way more than just evaluating Ashland Global Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ashland Global Holdings is a good investment. Please check the relationship between Ashland Global Total Stockholder Equity and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ashland Global Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Total Stockholder Equity vs Retained Earnings
Total Stockholder Equity vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ashland Global Holdings Total Stockholder Equity account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ashland Global's Total Stockholder Equity and Retained Earnings is 0.82. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Ashland Global Holdings, assuming nothing else is changed. The correlation between historical values of Ashland Global's Total Stockholder Equity and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Ashland Global Holdings are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Stockholder Equity i.e., Ashland Global's Total Stockholder Equity and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Ashland Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ashland Global Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ashland Global Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. As of now, Ashland Global's Enterprise Value Over EBITDA is increasing as compared to previous years. The Ashland Global's current Enterprise Value Multiple is estimated to increase to 12.81, while Selling General Administrative is projected to decrease to under 310.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 830M | 668M | 618M | 1.2B | Total Revenue | 2.4B | 2.2B | 3.6B | 5.7B |
Ashland Global fundamental ratios Correlations
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Ashland Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ashland Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.9B | 6.6B | 6.2B | 5.9B | 6.8B | 7.9B | |
Short Long Term Debt Total | 2B | 2.1B | 1.4B | 1.5B | 2.7B | 2.0B | |
Other Current Liab | 300M | 301M | 316M | 208M | 187.2M | 271.9M | |
Total Current Liabilities | 813M | 934M | 553M | 456M | 410.4M | 389.9M | |
Total Stockholder Equity | 3.0B | 2.8B | 3.2B | 3.1B | 3.6B | 2.8B | |
Property Plant And Equipment Net | 1.7B | 1.6B | 1.4B | 1.5B | 1.3B | 1.6B | |
Net Debt | 1.5B | 1.9B | 737M | 1.0B | 2.7B | 1.5B | |
Retained Earnings | 2.6B | 2.8B | 3.7B | 3.6B | 4.1B | 2.4B | |
Cash | 454M | 210M | 646M | 417M | 479.6M | 452.2M | |
Non Current Assets Total | 5.3B | 4.9B | 4.4B | 4.4B | 5.1B | 5.3B | |
Non Currrent Assets Other | 826M | 781M | 702M | 233M | 209.7M | 199.2M | |
Cash And Short Term Investments | 454M | 210M | 646M | 417M | 479.6M | 477.8M | |
Net Receivables | 422M | 350M | 382M | 338M | 304.2M | 289.0M | |
Liabilities And Stockholders Equity | 6.9B | 6.6B | 6.2B | 5.9B | 6.8B | 7.9B | |
Non Current Liabilities Total | 3.0B | 2.9B | 2.4B | 2.4B | 2.7B | 3.4B | |
Inventory | 529M | 473M | 629M | 626M | 719.9M | 650.7M | |
Other Current Assets | 165M | 684M | 111M | 125M | 112.5M | 127.4M | |
Other Stockholder Equity | 769M | 327M | 135M | 4M | 3.6M | 3.4M | |
Total Liab | 3.8B | 3.9B | 3.0B | 2.8B | 3.3B | 5.1B | |
Property Plant And Equipment Gross | 1.7B | 3.1B | 3.1B | 3.3B | 3.8B | 2.4B | |
Total Current Assets | 1.5B | 1.7B | 1.8B | 1.5B | 1.7B | 2.6B | |
Accumulated Other Comprehensive Income | (383M) | (372M) | (569M) | (503M) | (578.5M) | (607.4M) | |
Short Term Debt | 302M | 397M | 19M | 38M | 43.7M | 41.5M | |
Intangible Assets | 1.0B | 1.1B | 963M | 886M | 1.0B | 707.8M | |
Accounts Payable | 211M | 236M | 265M | 210M | 189M | 179.6M | |
Other Liab | 1.3B | 1.2B | 1.1B | 966M | 1.1B | 2.0B | |
Other Assets | 994M | 815M | 725M | 563M | 647.5M | 664.0M | |
Long Term Debt | 1.6B | 1.6B | 1.3B | 1.3B | 1.5B | 1.9B | |
Good Will | 1.8B | 1.4B | 1.3B | 1.4B | 1.6B | 1.8B | |
Property Plant Equipment | 1.6B | 1.4B | 1.4B | 1.5B | 1.7B | 1.9B | |
Net Tangible Assets | 265M | 223M | 945M | 843M | 969.5M | 1.0B | |
Deferred Long Term Liab | 4M | 229M | 237M | 2M | 2.3M | 2.2M | |
Long Term Investments | 6M | 136M | 134M | 3M | 2.7M | 2.6M | |
Short Long Term Debt | 166M | 280M | 374M | 16M | 18.4M | 17.5M | |
Long Term Debt Total | 1.6B | 1.6B | 1.3B | 1.3B | 1.2B | 1.6B | |
Capital Surpluse | 756M | 769M | 327M | 135M | 121.5M | 115.4M |
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When determining whether Ashland Global Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ashland Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ashland Global Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ashland Global Holdings Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ashland Global Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ashland Global. If investors know Ashland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ashland Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.88) | Dividend Share 1.58 | Earnings Share 3.95 | Revenue Per Share 42.26 | Quarterly Revenue Growth 0.01 |
The market value of Ashland Global Holdings is measured differently than its book value, which is the value of Ashland that is recorded on the company's balance sheet. Investors also form their own opinion of Ashland Global's value that differs from its market value or its book value, called intrinsic value, which is Ashland Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ashland Global's market value can be influenced by many factors that don't directly affect Ashland Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ashland Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ashland Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ashland Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.