Ashtead Group PLC (AHT) — Tangible Net Worth Ratio
Ashtead Group PLC (AHT) has a Tangible Net Worth Ratio of 95.2% as of January 2026. This metric is calculated by deducting intangible assets (GBX365.00 Million) from net assets (GBX7.62 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Ashtead Group PLC current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ashtead Group PLC Tangible Net Worth Ratio (1986–2025)
This chart shows how Ashtead Group PLC's Tangible Net Worth Ratio has changed across 40 annual periods from 1986 to 2025. As of January 2026, the ratio stands at 95.2%, reflecting net assets of GBX7.62 Billion with intangible assets of GBX365.00 Million GBX. See operational self-sufficiency of Ashtead Group PLC to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Ashtead Group PLC (1986–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Ashtead Group PLC from 1986 to 2025, covering 40 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see AHT company net worth.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.8% | GBX7.67 Billion | GBX398.00 Million | GBX21.69 Billion | ▲ +1.7 pp |
| 2024 | 93.1% | GBX7.08 Billion | GBX485.90 Million | GBX21.65 Billion | ▲ +1.9 pp |
| 2023 | 91.3% | GBX6.01 Billion | GBX523.40 Million | GBX18.73 Billion | ▲ +0.7 pp |
| 2022 | 90.6% | GBX5.03 Billion | GBX475.30 Million | GBX15.29 Billion | ▼ -0.9 pp |
| 2021 | 91.4% | GBX3.28 Billion | GBX280.54 Million | GBX9.30 Billion | ▲ +2.4 pp |
| 2020 | 89.0% | GBX2.96 Billion | GBX325.29 Million | GBX10.51 Billion | ▼ -1.7 pp |
| 2019 | 90.7% | GBX2.77 Billion | GBX257.90 Million | GBX8.27 Billion | ▼ -1.1 pp |
| 2018 | 91.8% | GBX2.56 Billion | GBX209.31 Million | GBX6.84 Billion | ▲ +0.7 pp |
| 2017 | 91.1% | GBX1.98 Billion | GBX175.17 Million | GBX6.15 Billion | ▼ -3.2 pp |
| 2016 | 94.3% | GBX1.48 Billion | GBX83.88 Million | GBX4.75 Billion | ▲ +2.7 pp |
| 2015 | 91.7% | GBX1.12 Billion | GBX93.52 Million | GBX3.90 Billion | ▼ -2.8 pp |
| 2014 | 94.4% | GBX821.83 Million | GBX45.66 Million | GBX2.66 Billion | ▼ -0.8 pp |
| 2013 | 95.2% | GBX679.81 Million | GBX32.47 Million | GBX2.26 Billion | ▼ -0.9 pp |
| 2012 | 96.1% | GBX557.55 Million | GBX21.81 Million | GBX1.89 Billion | ▼ -1.4 pp |
| 2011 | 97.4% | GBX483.21 Million | GBX12.35 Million | GBX1.60 Billion | ▼ -1.9 pp |
| 2010 | 99.3% | GBX502.90 Million | GBX3.32 Million | GBX1.70 Billion | ▲ +0.5 pp |
| 2009 | 98.9% | GBX524.56 Million | GBX5.88 Million | GBX1.86 Billion | ▲ +0.7 pp |
| 2008 | 98.2% | GBX442.03 Million | GBX8.03 Million | GBX1.67 Billion | ▲ +0.6 pp |
| 2007 | 97.6% | GBX398.73 Million | GBX9.75 Million | GBX1.60 Billion | ▲ +54.7 pp |
| 2006 | 42.8% | GBX260.57 Million | GBX149.00 Million | GBX948.06 Million | ▲ +54.6 pp |
| 2005 | -11.7% | GBX119.92 Million | GBX134.00 Million | GBX774.32 Million | ▼ -3.3 pp |
| 2004 | -8.4% | GBX131.81 Million | GBX142.91 Million | GBX745.35 Million | ▼ -14.0 pp |
| 2003 | 5.6% | GBX160.52 Million | GBX151.54 Million | GBX871.17 Million | ▼ -11.7 pp |
| 2002 | 17.3% | GBX193.59 Million | GBX160.05 Million | GBX1.03 Billion | ▼ -1.4 pp |
| 2001 | 18.7% | GBX201.42 Million | GBX163.75 Million | GBX1.11 Billion | ▼ -77.1 pp |
| 2000 | 95.8% | GBX234.37 Million | GBX9.80 Million | GBX620.56 Million | ▼ -2.8 pp |
| 1999 | 98.6% | GBX214.04 Million | GBX2.90 Million | GBX543.29 Million | ▼ -1.4 pp |
| 1998 | 100.0% | GBX154.03 Million | GBX0.00 | GBX414.82 Million | ▲ +0.0 pp |
| 1997 | 100.0% | GBX120.69 Million | GBX0.00 | GBX250.26 Million | ▲ +0.0 pp |
| 1996 | 100.0% | GBX107.97 Million | GBX0.00 | GBX186.47 Million | ▲ +0.0 pp |
| 1995 | 100.0% | GBX48.88 Million | GBX0.00 | GBX100.37 Million | ▲ +0.0 pp |
| 1994 | 100.0% | GBX43.38 Million | GBX0.00 | GBX70.00 Million | ▲ +0.0 pp |
| 1993 | 100.0% | GBX20.47 Million | GBX0.00 | GBX45.03 Million | ▲ +0.0 pp |
| 1992 | 100.0% | GBX19.89 Million | GBX0.00 | GBX41.10 Million | ▲ +0.0 pp |
| 1991 | 100.0% | GBX19.41 Million | GBX0.00 | GBX48.06 Million | ▲ +0.0 pp |
| 1990 | 100.0% | GBX14.89 Million | GBX0.00 | GBX42.10 Million | ▲ +0.0 pp |
| 1989 | 100.0% | GBX11.86 Million | GBX0.00 | GBX32.18 Million | ▲ +0.0 pp |
| 1988 | 100.0% | GBX5.36 Million | GBX0.00 | GBX16.49 Million | ▲ +0.0 pp |
| 1987 | 100.0% | GBX2.17 Million | GBX0.00 | GBX9.26 Million | ▲ +0.0 pp |
| 1986 | 100.0% | GBX861.69K | GBX0.00 | GBX4.15 Million | — |