Ashtead Technology Holdings Plc

AIM:AT. Stock Report

Market Cap: UK£437.6m

Ashtead Technology Holdings Balance Sheet Health

Financial Health criteria checks 3/6

Ashtead Technology Holdings has a total shareholder equity of £110.4M and total debt of £75.9M, which brings its debt-to-equity ratio to 68.7%. Its total assets and total liabilities are £228.3M and £117.9M respectively. Ashtead Technology Holdings's EBIT is £38.8M making its interest coverage ratio 8.1. It has cash and short-term investments of £6.3M.

Key information

68.7%

Debt to equity ratio

UK£75.91m

Debt

Interest coverage ratio8.1x
CashUK£6.26m
EquityUK£110.43m
Total liabilitiesUK£117.87m
Total assetsUK£228.30m

Recent financial health updates

Recent updates

Is Ashtead Technology Holdings (LON:AT.) A Risky Investment?

Sep 19
Is Ashtead Technology Holdings (LON:AT.) A Risky Investment?

Ashtead Technology Holdings Plc's (LON:AT.) Intrinsic Value Is Potentially 50% Above Its Share Price

Aug 04
Ashtead Technology Holdings Plc's (LON:AT.) Intrinsic Value Is Potentially 50% Above Its Share Price

Ashtead Technology Holdings Plc's (LON:AT.) 27% Share Price Surge Not Quite Adding Up

Jul 17
Ashtead Technology Holdings Plc's (LON:AT.) 27% Share Price Surge Not Quite Adding Up

There's Been No Shortage Of Growth Recently For Ashtead Technology Holdings' (LON:AT.) Returns On Capital

Jun 05
There's Been No Shortage Of Growth Recently For Ashtead Technology Holdings' (LON:AT.) Returns On Capital

Does This Valuation Of Ashtead Technology Holdings Plc (LON:AT.) Imply Investors Are Overpaying?

Mar 05
Does This Valuation Of Ashtead Technology Holdings Plc (LON:AT.) Imply Investors Are Overpaying?

We Ran A Stock Scan For Earnings Growth And Ashtead Technology Holdings (LON:AT.) Passed With Ease

Mar 16
We Ran A Stock Scan For Earnings Growth And Ashtead Technology Holdings (LON:AT.) Passed With Ease

Should You Be Adding Ashtead Technology Holdings (LON:AT.) To Your Watchlist Today?

Dec 07
Should You Be Adding Ashtead Technology Holdings (LON:AT.) To Your Watchlist Today?

Financial Position Analysis

Short Term Liabilities: AT.'s short term assets (£56.0M) exceed its short term liabilities (£30.8M).

Long Term Liabilities: AT.'s short term assets (£56.0M) do not cover its long term liabilities (£87.1M).


Debt to Equity History and Analysis

Debt Level: AT.'s net debt to equity ratio (63.1%) is considered high.

Reducing Debt: Insufficient data to determine if AT.'s debt to equity ratio has reduced over the past 5 years.

Debt Coverage: AT.'s debt is well covered by operating cash flow (47.2%).

Interest Coverage: AT.'s interest payments on its debt are well covered by EBIT (8.1x coverage).


Balance Sheet


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