ASHGY (Sunbelt Rentals Holdings) Quick Ratio: 0.83 (As of Apr. 2026) — 22% Below Median


ASHGY Sunbelt Rentals Holdings Inc ASHGY
49 GF Score
Price $72.75
! 4 Warning Signs
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What is Sunbelt Rentals Holdings Quick Ratio?

Sunbelt Rentals Holdings ASHGY +1.17% 49 Quick Ratio is 0.83 as of Apr. 2026, which is 22% below its 10-year median of 1.07. GuruFocus rates ASHGY with a GF Score™ of 49/100. The stock has 4 warning signs investors should review. Among 1,092 Business Services companies, Sunbelt Rentals Holdings ranks worse than 82.14% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Sunbelt Rentals Holdings's quick ratio for the quarter that ended in Apr. 2026 was 0.83.

Sunbelt Rentals Holdings has a quick ratio of 0.83. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Sunbelt Rentals Holdings's Quick Ratio or its related term are showing as below:

ASHGY' s Quick Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.07   Max: 1.49
Current: 0.83

During the past 13 years, Sunbelt Rentals Holdings's highest Quick Ratio was 1.49. The lowest was 0.83. And the median was 1.07.

ASHGY's Quick Ratio is ranked worse than
82.14% of 1092 companies
in the Business Services industry
Industry Median: 1.67 vs ASHGY: 0.83

Sunbelt Rentals Holdings  (OTCPK:ASHGY) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Sunbelt Rentals Holdings Quick Ratio Related Terms


Sunbelt Rentals Holdings Quick Ratio Historical Data

* Premium members only.

The historical data trend for Sunbelt Rentals Holdings's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sunbelt Rentals Holdings Quick Ratio Chart

Sunbelt Rentals Holdings Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.92 1.04 1.20 0.83

Sunbelt Rentals Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.20 1.24 1.19 0.95 0.83

ASHGY vs AER, UHAL, R: Quick Ratio Comparison

For the Rental & Leasing Services subindustry, Sunbelt Rentals Holdings's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sunbelt Rentals Holdings Quick Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Sunbelt Rentals Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Sunbelt Rentals Holdings's Quick Ratio falls into.


ASHGY
49GF Score
Sunbelt Rentals Holdings Inc ASHGY
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunbelt Rentals Holdings Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Sunbelt Rentals Holdings's Quick Ratio for the fiscal year that ended in Apr. 2026 is calculated as

Quick Ratio (A: Apr. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2232-180)/2476
=0.83

Sunbelt Rentals Holdings's Quick Ratio for the quarter that ended in Apr. 2026 is calculated as

Quick Ratio (Q: Apr. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2232-180)/2476
=0.83

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.83 mean?
Sunbelt Rentals Holdings (ASHGY) has a Quick Ratio of 0.83 as of Apr. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Sunbelt Rentals Holdings and its competitors. This is 22% below median its historical median of 1.07. Over the past decade, Sunbelt Rentals Holdings' Quick Ratio has ranged from 0.83 to 1.49. According to the industry distribution chart, Sunbelt Rentals Holdings ranks #897 out of 1092 companies in the Business Services industry, placing it in the top 82.1%.
Is Sunbelt Rentals Holdings' Quick Ratio too high?
Sunbelt Rentals Holdings' current Quick Ratio of 0.83 is 22% below median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 1.49. The Business Services industry median Quick Ratio is 1.67. Sunbelt Rentals Holdings' value of 0.83 is 50.3% below this industry median. Based on the distribution chart, Sunbelt Rentals Holdings ranks #897 out of 1092 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Sunbelt Rentals Holdings has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Sunbelt Rentals Holdings' Quick Ratio compare to AER and UHAL?
According to the Business Services industry distribution chart, Sunbelt Rentals Holdings ranks #897 out of 1092 companies for Quick Ratio. This places Sunbelt Rentals Holdings in the lower half of its industry. The industry median Quick Ratio is 1.67. Sunbelt Rentals Holdings' value of 0.83 is 50.3% below this benchmark. Historically, Sunbelt Rentals Holdings' own Quick Ratio has ranged from 0.83 to 1.49 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.67, Sunbelt Rentals Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Business Services company?
The median Quick Ratio among Business Services companies is 1.67, based on 1,092 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sunbelt Rentals Holdings's current Quick Ratio of 0.83 is 50.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Sunbelt Rentals Holdings and its competitors. For the Business Services industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunbelt Rentals Holdings's current Quick Ratio is 0.83, which is 22% below median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunbelt Rentals Holdings stock overvalued right now?
Sunbelt Rentals Holdings (ASHGY) has a current Quick Ratio of 0.83. The current Quick Ratio is 0.83, which is 22% below median its 10-year median of 1.07 and 50.3% below the Business Services industry median of 1.67. Sunbelt Rentals Holdings' overall GF Score™ is 49/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Sunbelt Rentals Holdings (ASHGY), the current Quick Ratio is 0.83 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sunbelt Rentals Holdings Business Description

Address 100 Cheapside, London, GBR, EC2V 6DT
Sunbelt Rentals (formerly UK-based Ashtead Group) is the number two equipment rental company in the US (11% market share), with a smaller presence in Canada and the UK. Sunbelt operates a rental fleet of just over $15 billion across a network of 1,200 stores in the US, nearly CAD 2 billion of fleet and 135 stores in Canada, and GBP 1.1 billion and 190 stores in the UK. The company has experienced rapid growth over the past decade as its customers increasingly turn to rental versus owning equipment outright. The general tool business has been augmented by the Specialty Rental business, which has grown to 30% of the mix. Revenue is now greater than 50% nonconstruction, with the remainder focused more directly on commercial construction.
49GF Score

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$72.75
Price