Ashmore Group Balance Sheet Health
Financial Health criteria checks 6/6
Ashmore Group has a total shareholder equity of £890.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £979.7M and £88.9M respectively. Ashmore Group's EBIT is £71.9M making its interest coverage ratio -1.9. It has cash and short-term investments of £745.5M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -1.9x |
| Cash | UK£745.50m |
| Equity | UK£890.80m |
| Total liabilities | UK£88.90m |
| Total assets | UK£979.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A1B's short term assets (£806.0M) exceed its short term liabilities (£75.5M).
Long Term Liabilities: A1B's short term assets (£806.0M) exceed its long term liabilities (£13.4M).
Debt to Equity History and Analysis
Debt Level: A1B is debt free.
Reducing Debt: A1B has not had any debt for past 5 years.
Debt Coverage: A1B has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: A1B has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 11:23 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Ashmore Group Plc is covered by 32 analysts. 8 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 |
|---|---|
| Daniel Garrod | Barclays |
| Michael Sanderson | Barclays |
| Andrew Lowe | Berenberg |