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 ratio | 8.1x |
| Cash | UK£6.26m |
| Equity | UK£110.43m |
| Total liabilities | UK£117.87m |
| Total assets | UK£228.30m |
Recent financial health updates
Recent updates
Is Ashtead Technology Holdings (LON:AT.) A Risky Investment?
Sep 19
Ashtead 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 (£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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 02:23 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 here.
Analysis Model and Snowflake
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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
Ashtead Technology Holdings Plc is covered by 8 analysts. 7 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 | Numis Securities Ltd. |