Ashtead Group Financial Health

How is Ashtead Group's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: AHT's short term assets ($2.1B) exceed its short term liabilities ($1.7B).

Long Term Liabilities: AHT's short term assets ($2.1B) do not cover its long term liabilities ($10.2B).


Debt to Equity History and Analysis

Debt Level: AHT's net debt to equity ratio (115.9%) is considered high.

Reducing Debt: AHT's debt to equity ratio has reduced from 134.1% to 116.5% over the past 5 years.

Debt Coverage: AHT's debt is well covered by operating cash flow (20.9%).

Interest Coverage: AHT's interest payments on its debt are well covered by EBIT (8.3x coverage).


Balance Sheet


Discover healthy companies