Ashtead Technology Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Ashtead Technology Holdings has a total shareholder equity of £97.6M and total debt of £69.7M, which brings its debt-to-equity ratio to 71.4%. Its total assets and total liabilities are £213.7M and £116.1M respectively. Ashtead Technology Holdings's EBIT is £33.6M making its interest coverage ratio 9. It has cash and short-term investments of £10.8M.
Key information
71.4%
Debt to equity ratio
UK£69.67m
Debt
| Interest coverage ratio | 9x |
| Cash | UK£10.82m |
| Equity | UK£97.59m |
| Total liabilities | UK£116.11m |
| Total assets | UK£213.69m |
Recent financial health updates
No updates
Recent updates
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.) 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 (£46.9M) exceed its short term liabilities (£35.4M).
Long Term Liabilities: AT.'s short term assets (£46.9M) do not cover its long term liabilities (£80.7M).
Debt to Equity History and Analysis
Debt Level: AT.'s net debt to equity ratio (60.3%) 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 (56.1%).
Interest Coverage: AT.'s interest payments on its debt are well covered by EBIT (9x coverage).