Ashtead Technology Holdings PLC (AT) — Tangible Net Worth Ratio
Ashtead Technology Holdings PLC (AT) has a Tangible Net Worth Ratio of 81.5% as of December 2025. This metric is calculated by deducting intangible assets (GBX29.00 Million) from net assets (GBX157.09 Million) 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. Also explore AT net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ashtead Technology Holdings PLC Tangible Net Worth Ratio (2017–2025)
This chart shows how Ashtead Technology Holdings PLC's Tangible Net Worth Ratio has changed across 9 annual periods from 2017 to 2025. As of December 2025, the ratio stands at 81.5%, reflecting net assets of GBX157.09 Million with intangible assets of GBX29.00 Million GBX. For live market cap and overall valuation, see AT stock market capitalisation.
Annual Tangible Net Worth Ratio for Ashtead Technology Holdings PLC (2017–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Ashtead Technology Holdings PLC from 2017 to 2025, covering 9 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. Explore capital reinvestment ratio of Ashtead Technology Holdings PLC to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 81.5% | GBX157.09 Million | GBX29.00 Million | GBX323.27 Million | ▲ +9.0 pp |
| 2024 | 72.5% | GBX127.33 Million | GBX34.95 Million | GBX313.60 Million | ▼ -9.3 pp |
| 2023 | 81.9% | GBX97.59 Million | GBX17.71 Million | GBX213.69 Million | ▼ -10.3 pp |
| 2022 | 92.1% | GBX75.80 Million | GBX5.98 Million | GBX136.82 Million | ▼ -5.0 pp |
| 2021 | 97.1% | GBX61.13 Million | GBX1.76 Million | GBX99.03 Million | ▲ +2.2 pp |
| 2020 | 94.9% | GBX44.68 Million | GBX2.29 Million | GBX99.76 Million | ▲ +3.2 pp |
| 2019 | 91.6% | GBX46.15 Million | GBX3.85 Million | GBX106.78 Million | ▼ -7.8 pp |
| 2018 | 99.5% | GBX42.02 Million | GBX221.00K | GBX79.57 Million | ▼ -0.5 pp |
| 2017 | 100.0% | GBX27.66 Million | GBX0.00 | GBX59.10 Million | — |