AssetCo Balance Sheet Health

Financial Health criteria checks 6/6

AssetCo has a total shareholder equity of £52.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £60.7M and £8.3M respectively.

Key information

Debt to equity ratio

UK£0

Debt

Interest coverage ratio	n/a
Cash	UK£11.25m
Equity	UK£52.32m
Total liabilities	UK£8.34m
Total assets	UK£60.66m

Recent financial health updates

Recent updates

Robust Earnings May Not Tell The Whole Story For AssetCo (LON:ASTO)

Mar 04

How Many AssetCo plc (LON:ASTO) Shares Do Institutions Own?

Jan 16

Financial Position Analysis

Short Term Liabilities: ASTO's short term assets (£16.9M) exceed its short term liabilities (£6.1M).

Long Term Liabilities: ASTO's short term assets (£16.9M) exceed its long term liabilities (£2.2M).

Debt to Equity History and Analysis

Debt Level: ASTO is debt free.

Reducing Debt: ASTO had no debt 5 years ago.

Debt Coverage: ASTO has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ASTO has no debt, therefore coverage of interest payments is not a concern.

AssetCo Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

AssetCo Plc's Securities Ordinary Shares of 10P Each; Fully Paid Cancels from Trading on AIM

Recent updates

Consensus EPS estimates fall by 16%

First half 2024 earnings released: UK£0.017 loss per share (vs UK£0.04 loss in 1H 2023)

Less than half of directors are independent

AssetCo plc Announces Retirement of Peter McKellar as Deputy Chairman and Director, Effective April 30, 2023

AssetCo plc, Annual General Meeting, Apr 24, 2024

ARK Investment Management LLC acquired 68% stake in Rize Etf Limited from AssetCo plc (AIM:ASTO).

ARK Investment Management LLC acquired Rize Etf Limited from AssetCo plc (AIM:ASTO).

AssetCo plc Announces Executive Changes

AssetCo plc, Annual General Meeting, Mar 30, 2023

AssetCo plc Declares an Interim Dividend, Payable on or About 23 December 2022

AssetCo plc (AIM:ASTO) completed the acquisition of SVM Asset Management Limited for £11.2 million.

AssetCo Announces Executive Changes

AssetCo plc (AIM:ASTO) commences an Equity Buyback Plan for 14,929,297 shares, representing 10% of its issued share capital, under the authorization approved on April 13, 2022.

AssetCo plc (AIM:ASTO) completed the acquisition of Revera Asset Management Limited.

AssetCo plc Announces Company Secretary Changes

AssetCo plc (AIM:ASTO) agreed to acquire SVM Asset Management Limited for £10.7 million.

AssetCo plc Announces Directorate Changes

AssetCo Plc's Securities Ordinary Shares of 10P Each; Fully Paid Cancels from Trading on AIM

Insider recently bought UK£73k worth of stock

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Price target decreased to UK£20.40

Less than half of directors are independent

AssetCo plc (AIM:ASTO) agreed to acquire Revera Asset Management Limited for £2.8 million.

AssetCo Given More Time to Make River and Mercantile Bid

Investor sentiment deteriorated over the past week

AssetCo plc (AIM:ASTO) reached an agreement to acquire 30% stake in Preservation Capital Partners Limited for £27.8 million.

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Robust Earnings May Not Tell The Whole Story For AssetCo (LON:ASTO)

New 90-day high: UK£8.50

Assetco plc Appoints Martin Gilbert and Peter Mckellar as Directors

How Many AssetCo plc (LON:ASTO) Shares Do Institutions Own?

AssetCo plc (AIM:ASTO) acquired a 2.9% stake in River and Mercantile Group PLC (LSE:RIV) for £4.7 million.

New 90-day high: UK£4.73

New 90-day low: UK£3.77

New 90-day high: UK£4.11

New 90-day high - UK£3.95

New 90-day high - UK£3.80

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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