ASHLAND INC. (ASH) Financial Ratio Screen

NYSE Basic Materials United States USD 3406M
RATIOS FAIL*
Automated financial screen · activity assessed separately
ASHLAND INC. (ASH) is potentially non-compliant in the automated ratio model. The company's debt ratio of 32.3% exceeds the 30% MSCI new-inclusion threshold relative to total assets. ASHLAND INC. operates in the Basic Materials sector.

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MSCI new-inclusion financial-ratio snapshot

ASH financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
32.3%
Fail vs 30%
Cash ratio
4.7%
Pass vs 30%
Receivables + cash
9.9%
Pass vs 30%
Impermissible income
0.3%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: September 2025. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
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MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria passedActivity is assessed separately
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodSeptember 2025Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Specialty Chemicals) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: Ashland Inc. provides additives and specialty ingredients in the North and Latin America, Europe, Asia Pacific, and internationally. It operates through Life Sciences, Personal Care, Specialty Additives, and Intermediates segments. The Life Sciences segment offers pharmaceutical solutions, including controlled release polymers, disintegrants, tablet coatings, thickeners, solubilizers, and tablet binders; and nutrition solutions, such as thickeners, stabilizers, emulsifiers, and additives; agricultural chemicals; diagnostic films; and fine chemicals. Its Personal Care segment provides a range of natural, nature-derived, 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. Its Intermediates 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, personal care, and pharmaceutical. The company was formerly known as Ashland Global Holdings Inc. and changed its name to Ashland Inc. in August 2022. Ashland Inc. was founded in 1924 and is headquartered in Wilmington, Delaware.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from September 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 32.3%
/ 30%
4.7%
/ 30%
9.9%
/ 30%
0.27%
/ 5%
RATIOS FAIL*
FTSE 32.3%
/ 33%
4.7%
/ 33%
9.9%
/ 50%
0.27%
/ 5%
FINANCIAL SCREEN PASSED*

Financial Highlights

P/E Ratio
47.4
Forward: 17.3
EPS
$1.57
Dividend Yield
227.0%
Payout: 106.7%
P/B Ratio
1.8
EV/EBITDA
12.2
EV: $4.4B
Revenue
$1.8B
Growth: 7.3%
Beta
0.4
Low volatility
Current Ratio
3.0

Profitability

Gross Margin 33.4%
Operating Margin 11.5%
Net Margin 2.8%
Return on Equity (ROE) 4.0%
Return on Assets (ROA) 2.4%

Cash Flow & Balance Sheet

Operating Cash Flow$94M
Free Cash Flow-$4M
Total Debt$1.5B
Debt-to-Equity78.9
Current Ratio3.0
Total Assets$4.6B

Price & Trading

Last Close$73.94
50-Day MA$69.68
200-Day MA$60.65
Avg Volume879K
Beta0.4
52-Week Range
$46.30
$78.25

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-08-30 for the financial period September 2025. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About ASHLAND INC. (ASH)

CEO
Mr. Guillermo Novo
Employees
2,900
Sector
Basic Materials
Industry
Specialty Chemicals
Country
United States
Exchange
NYSE
Market Cap (listing currency)
USD 3406M
Currency
USD

Ashland Inc. provides additives and specialty ingredients in the North and Latin America, Europe, Asia Pacific, and internationally. It operates through Life Sciences, Personal Care, Specialty Additives, and Intermediates segments. The Life Sciences segment offers pharmaceutical solutions, including controlled release polymers, disintegrants, tablet coatings, thickeners, solubilizers, and tablet binders; and nutrition solutions, such as thickeners, stabilizers, emulsifiers, and additives; agricultural chemicals; diagnostic films; and fine chemicals. Its Personal Care segment provides a range of natural, nature-derived, 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. Its Intermediates 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, personal care, and pharmaceutical. The company was formerly known as Ashland Global Holdings Inc. and changed its name to Ashland Inc. in August 2022. Ashland Inc. was founded in 1924 and is headquartered in Wilmington, Delaware.

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Frequently Asked Questions

Is ASHLAND INC. (ASH) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is ASHLAND INC.'s debt ratio?

ASHLAND INC.'s debt ratio is 32.3% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are ASHLAND INC.'s key financial metrics?

ASHLAND INC. has a market capitalization of USD 3406M in its listing currency, trailing P/E ratio of 47.4, and revenue of $1.8B. The company maintains a gross margin of 33.4% and a net margin of 2.8%. Return on equity stands at 4.0%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: September 2025. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.