Ashland Net Income from 2010 to 2024
| ASH Stock | USD 96.24 0.57 0.60% |
Net Income | First Reported 1989-12-31 | Previous Quarter -4 M | Current Value 26 M | Quarterly Volatility 183.7 M |
Check Ashland Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ashland main balance sheet or income statement drivers, such as Depreciation And Amortization of 309.9 M, Interest Expense of 6.6 M or Selling General Administrative of 310.4 M, as well as many exotic indicators such as Price To Sales Ratio of 1.87, Dividend Yield of 0.0192 or PTB Ratio of 1.32. Ashland financial statements analysis is a perfect complement when working with Ashland Global Valuation or Volatility modules.
Ashland | Net Income |
Latest Ashland Global's Net Income Growth Pattern
Below is the plot of the Net Income of Ashland Global Holdings over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Ashland Global Holdings financial statement analysis. It represents the amount of money remaining after all of Ashland Global Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Ashland Global's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ashland Global's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 178 M | 10 Years Trend |
|
Net Income |
| Timeline |
Ashland Net Income Regression Statistics
| Arithmetic Mean | 125,113,402 | |
| Geometric Mean | 100,605,656 | |
| Coefficient Of Variation | 191.94 | |
| Mean Deviation | 147,424,055 | |
| Median | 160,200,000 | |
| Standard Deviation | 240,140,683 | |
| Sample Variance | 57667.5T | |
| Range | 1.2B | |
| R-Value | (0.21) | |
| Mean Square Error | 59481.9T | |
| R-Squared | 0.04 | |
| Significance | 0.46 | |
| Slope | (11,032,474) | |
| Total Sum of Squares | 807345.7T |
Ashland Net Income History
Other Fundumenentals of Ashland Global Holdings
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Ashland Global Net Income component correlations
About Ashland Global Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Ashland Global income statement, its balance sheet, and the statement of cash flows. Ashland Global investors use historical funamental indicators, such as Ashland Global's Net Income, to determine how well the company is positioned to perform in the future. Although Ashland Global investors may use each financial statement separately, they are all related. The changes in Ashland Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ashland Global's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ashland Global Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ashland Global. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Income | 204.7 M | 261 M | |
| Net Income Applicable To Common Shares | 160.2 M | 227.4 M | |
| Net Income From Continuing Ops | 193.2 M | 202.9 M | |
| Net Income Per Share | 3.86 | 3.34 | |
| Net Income Per E B T | 1.28 | 0.74 |
Ashland Global Investors Sentiment
The influence of Ashland Global's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Ashland. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Ashland Global's public news can be used to forecast risks associated with an investment in Ashland. The trend in average sentiment can be used to explain how an investor holding Ashland can time the market purely based on public headlines and social activities around Ashland Global Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ashland Global's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ashland Global's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Ashland Global's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Ashland Global.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ashland Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ashland Global's short interest history, or implied volatility extrapolated from Ashland Global options trading.
Pair Trading with Ashland Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ashland Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ashland Global will appreciate offsetting losses from the drop in the long position's value.Moving against Ashland Stock
| 0.53 | CC | Chemours Earnings Call Tomorrow | PairCorr |
| 0.46 | APD | Air Products Earnings Call This Week | PairCorr |
| 0.43 | WDFC | WD 40 Company Financial Report 8th of July 2024 | PairCorr |
The ability to find closely correlated positions to Ashland Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ashland Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ashland Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ashland Global Holdings to buy it.
The correlation of Ashland Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ashland Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ashland Global Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ashland Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Ashland Global Correlation against competitors. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Ashland Stock analysis
When running Ashland Global's price analysis, check to measure Ashland Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ashland Global is operating at the current time. Most of Ashland Global's value examination focuses on studying past and present price action to predict the probability of Ashland Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashland Global's price. Additionally, you may evaluate how the addition of Ashland Global to your portfolios can decrease your overall portfolio volatility.
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Is Ashland Global's industry 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 (0.31) | Dividend Share 1.49 | Earnings Share 2.91 | Revenue Per Share 40.938 | Quarterly Revenue Growth (0.1) |
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.