Ashtead Technology Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Ashtead Technology Holdings has a total shareholder equity of £127.3M and total debt of £137.7M, which brings its debt-to-equity ratio to 108.1%. Its total assets and total liabilities are £313.6M and £186.3M respectively. Ashtead Technology Holdings's EBIT is £44.1M making its interest coverage ratio 6.6. It has cash and short-term investments of £12.2M.
Key information
108.12%
Debt to equity ratio
UK£137.67m
Debt
| Interest coverage ratio | 6.6x |
| Cash | UK£12.17m |
| Equity | UK£127.33m |
| Total liabilities | UK£186.28m |
| Total assets | UK£313.60m |
Recent financial health updates
Recent updates
The Market Doesn't Like What It Sees From Ashtead Technology Holdings Plc's (LON:AT.) Earnings Yet As Shares Tumble 27%
Jul 27
Acquisitions And Tailwinds Will Expand Oil And Gas And Renewables
Strategic acquisitions and investments in innovation bolster revenue growth and strengthen Ashtead Technology’s market position across energy sectors.Here's Why Ashtead Technology Holdings (LON:AT.) Has Caught The Eye Of Investors
May 08Is Ashtead Technology Holdings (LON:AT.) A Risky Investment?
Sep 19Ashtead Technology Holdings Plc's (LON:AT.) Intrinsic Value Is Potentially 50% Above Its Share Price
Aug 04Ashtead Technology Holdings Plc's (LON:AT.) 27% Share Price Surge Not Quite Adding Up
Jul 17There's Been No Shortage Of Growth Recently For Ashtead Technology Holdings' (LON:AT.) Returns On Capital
Jun 05Does This Valuation Of Ashtead Technology Holdings Plc (LON:AT.) Imply Investors Are Overpaying?
Mar 05We Ran A Stock Scan For Earnings Growth And Ashtead Technology Holdings (LON:AT.) Passed With Ease
Mar 16Should You Be Adding Ashtead Technology Holdings (LON:AT.) To Your Watchlist Today?
Dec 07Financial Position Analysis
Short Term Liabilities: AT.'s short term assets (£76.2M) exceed its short term liabilities (£36.1M).
Long Term Liabilities: AT.'s short term assets (£76.2M) do not cover its long term liabilities (£150.2M).
Debt to Equity History and Analysis
Debt Level: AT.'s net debt to equity ratio (98.6%) 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 (21.9%).
Interest Coverage: AT.'s interest payments on its debt are well covered by EBIT (6.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/30 07:12 |
| End of Day Share Price | 2025/07/30 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
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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.
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
Ashtead Technology Holdings Plc is covered by 10 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 |
|---|---|
| Robert Chantry | Berenberg |
| Alexander Brooks | Canaccord Genuity |
| David Brockton | Deutsche Bank |