Ashtead Group plc
Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business under the Sunbelt Rentals brand name in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, structures and fencing, trench shoring, and lifting solutions. The com… Read more
Ashtead Group plc - Asset Resilience Ratio
Ashtead Group plc (ASHTF) has an Asset Resilience Ratio of 0.05% as of April 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2002–2023)
This chart shows how Ashtead Group plc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Ashtead Group plc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $8.44 Million | 0.05% |
| Total Liquid Assets | $8.44 Million | 0.05% |
Asset Resilience Insights
- Limited Liquidity: Ashtead Group plc maintains only 0.05% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Ashtead Group plc Industry Peers by Asset Resilience Ratio
Compare Ashtead Group plc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Bohai Leasing Co Ltd
SHE:000415 |
Rental & Leasing Services | 0.03% |
|
Amedeo Air Four Plus Limited
LSE:AA4 |
Rental & Leasing Services | 0.93% |
|
Lotte Rental Co Ltd
KO:089860 |
Rental & Leasing Services | 0.51% |
|
AJ Networks Co Ltd
KO:095570 |
Rental & Leasing Services | 2.67% |
|
Cuckoo Homesys Co Ltd
KO:284740 |
Rental & Leasing Services | 0.07% |
|
China Development Bank Financial Leasing Co. Ltd
F:2C6 |
Rental & Leasing Services | 1.88% |
|
Shaanxi Construction Machinery Co Ltd
SHG:600984 |
Rental & Leasing Services | 0.30% |
|
Zhejiang Huatie Constr Safety
SHG:603300 |
Rental & Leasing Services | 0.81% |
Annual Asset Resilience Ratio for Ashtead Group plc (2002–2023)
The table below shows the annual Asset Resilience Ratio data for Ashtead Group plc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-04-30 | 0.05% | $8.44 Million | $18.73 Billion | -0.01pp |
| 2022-04-30 | 0.05% | $8.19 Million | $15.29 Billion | -- |
| 2019-04-30 | 0.00% | $0.00 | $8.27 Billion | -- |
| 2018-04-30 | 0.00% | $0.00 | $6.84 Billion | -- |
| 2017-04-30 | 0.00% | $0.00 | $6.15 Billion | -- |
| 2016-04-30 | 0.00% | $0.00 | $4.75 Billion | -- |
| 2015-04-30 | 0.00% | $0.00 | $3.90 Billion | -- |
| 2003-04-30 | 0.00% | $0.00 | $871.17 Million | -- |
| 2002-04-30 | 0.00% | $0.00 | $1.03 Billion | -- |