Ashtead Technology Holdings PLC (AT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Ashtead Technology Holdings PLC (AT) has a cash flow conversion efficiency ratio of 0.153x as of June 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (GBX21.13 Million ≈ $2.57K USD) by net assets (GBX137.86 Million ≈ $16.77K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See AT net asset quality index to measure how much of total assets are equity-financed.
Ashtead Technology Holdings PLC - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Ashtead Technology Holdings PLC's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Ashtead Technology Holdings PLC cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Ashtead Technology Holdings PLC Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ashtead Technology Holdings PLC ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Papyrus Australia Ltd
AU:PPY
|
15.274x |
|
Domec Compania de Artefactos Domesticos SAIC y F
BA:DOME
|
-0.048x |
|
Melkior Resources Inc.
V:MKR
|
-0.045x |
|
VVC Exploration Corp.
V:VVC
|
-0.017x |
|
RUBIX Resources Ltd
AU:RB6
|
-1.211x |
|
E. Pairis S.A
AT:PAIR
|
0.051x |
|
Horus AG
STU:HRU
|
N/A |
|
Kineta, Inc.
NASDAQ:KANT
|
0.153x |
Annual Cash Flow Conversion Efficiency for Ashtead Technology Holdings PLC (2018–2024)
The table below shows the annual cash flow conversion efficiency of Ashtead Technology Holdings PLC from 2018 to 2024. For the full company profile with market capitalisation and key ratios, see Ashtead Technology Holdings PLC market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | GBX127.33 Million ≈ $15.49K |
GBX30.12 Million ≈ $3.66K |
0.237x | -40.89% |
| 2023-12-31 | GBX97.59 Million ≈ $11.87K |
GBX39.05 Million ≈ $4.75K |
0.400x | -7.68% |
| 2022-12-31 | GBX75.80 Million ≈ $9.22K |
GBX32.85 Million ≈ $4.00K |
0.433x | +266.16% |
| 2021-12-31 | GBX61.13 Million ≈ $7.44K |
GBX7.24 Million ≈ $880.41 |
0.118x | -64.70% |
| 2020-12-31 | GBX44.68 Million ≈ $5.44K |
GBX14.98 Million ≈ $1.82K |
0.335x | +35.53% |
| 2019-12-31 | GBX46.15 Million ≈ $5.62K |
GBX11.42 Million ≈ $1.39K |
0.247x | +7.91% |
| 2018-12-31 | GBX42.02 Million ≈ $5.11K |
GBX9.63 Million ≈ $1.17K |
0.229x | -- |
About Ashtead Technology Holdings PLC
Ashtead Technology Holdings Plc provides subsea equipment rental solutions for the offshore energy sector in Europe, the Americas, the Asia-Pacific, and the Middle East. The company offers survey and robotics equipment comprising geophysical, hydrographic, metocean, land surveying, positioning, ROV sensors, ROV and diver tooling, non-destructive testing, subsea inspection, remote visual inspectio… Read more