ASOS Balance Sheet Health
Financial Health criteria checks 4/6
ASOS has a total shareholder equity of £212.4M and total debt of £503.6M, which brings its debt-to-equity ratio to 237.1%. Its total assets and total liabilities are £1.7B and £1.5B respectively.
Key information
237.10%
Debt to equity ratio
UK£503.60m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£318.90m |
| Equity | UK£212.40m |
| Total liabilities | UK£1.46b |
| Total assets | UK£1.67b |
Recent financial health updates
Is ASOS (LON:ASC) Using Debt In A Risky Way?
Jul 24
Is ASOS (LON:ASC) Weighed On By Its Debt Load?
Nov 25Recent updates
ASOS Plc's (LON:ASC) Intrinsic Value Is Potentially 64% Above Its Share Price
Nov 22Is ASOS (LON:ASC) Using Debt In A Risky Way?
Jul 24
New Heartland Partnership And Full-Funnel Marketing Will Optimize Operations
Streamlined inventory management and marketing shift enhance profitability through faster stock turnover, improved ROAS, and efficient brand engagement.Some Confidence Is Lacking In ASOS Plc (LON:ASC) As Shares Slide 28%
Mar 05Some Confidence Is Lacking In ASOS Plc's (LON:ASC) P/S
Dec 27Analysts Are More Bearish On ASOS Plc (LON:ASC) Than They Used To Be
Nov 14ASOS Plc (LON:ASC) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Nov 08Are Investors Undervaluing ASOS Plc (LON:ASC) By 46%?
Apr 11Are Investors Undervaluing ASOS Plc (LON:ASC) By 41%?
Jan 05Is ASOS (LON:ASC) Weighed On By Its Debt Load?
Nov 25ASOS (LON:ASC) Will Be Hoping To Turn Its Returns On Capital Around
Sep 13Financial Position Analysis
Short Term Liabilities: ASC's short term assets (£775.3M) exceed its short term liabilities (£757.4M).
Long Term Liabilities: ASC's short term assets (£775.3M) exceed its long term liabilities (£702.3M).
Debt to Equity History and Analysis
Debt Level: ASC's net debt to equity ratio (87%) is considered high.
Reducing Debt: ASC's debt to equity ratio has increased from 0% to 237.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ASC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ASC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.7% per year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/02 18:26 |
| End of Day Share Price | 2025/12/02 00:00 |
| Earnings | 2025/08/31 |
| Annual Earnings | 2025/08/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
ASOS Plc is covered by 37 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Rocco Strauss | Arete Research Services LLP |
| Rebecca McClellan | Banco Santander |
| Sarah Roberts | Barclays |