Ashtead Technology Holdings Financial Health
How is Ashtead Technology Holdings's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: AT.'s short term assets (£28.5M) exceed its short term liabilities (£15.5M).
Long Term Liabilities: AT.'s short term assets (£28.5M) exceed its long term liabilities (£24.9M).
Debt to Equity History and Analysis
Debt Level: AT.'s net debt to equity ratio (26.8%) is considered satisfactory.
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 (59%).
Interest Coverage: AT.'s interest payments on its debt are well covered by EBIT (4.1x coverage).