Ashtead Technology Holdings (CHIX:ATL) Quick Ratio: 1.91 (As of Dec. 2025) — 41% Above Median


CHIX:ATL Ashtead Technology Holdings PLC CHIX:ATL
63 GF Score
Price £4.11
GF Value £8.82
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Ashtead Technology Holdings Quick Ratio?

Ashtead Technology Holdings CHIX:ATL -0.73% 63 Quick Ratio is 1.91 as of Dec. 2025, which is 41% above its 10-year median of 1.35. GuruFocus rates CHIX:ATL with a GF Score™ of 63/100 and a GF Value™ of £8.82 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,013 Oil & Gas companies, Ashtead Technology Holdings ranks better than 71.17% 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. Ashtead Technology Holdings's quick ratio for the quarter that ended in Dec. 2025 was 1.91.

Ashtead Technology Holdings has a quick ratio of 1.91. It generally indicates good short-term financial strength.

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

CHIX:ATl' s Quick Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.35   Max: 2
Current: 1.91

During the past 9 years, Ashtead Technology Holdings's highest Quick Ratio was 2.00. The lowest was 1.21. And the median was 1.35.

CHIX:ATl's Quick Ratio is ranked better than
71.17% of 1013 companies
in the Oil & Gas industry
Industry Median: 1.11 vs CHIX:ATl: 1.91

Ashtead Technology Holdings  (CHIX:ATl) 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.


Ashtead Technology Holdings Quick Ratio Related Terms


Ashtead Technology Holdings Quick Ratio Historical Data

* Premium members only.

The historical data trend for Ashtead Technology 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.

Ashtead Technology Holdings Quick Ratio Chart

Ashtead Technology Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only 2.00 1.32 1.21 1.90 1.91

Ashtead Technology Holdings Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.21 1.67 1.90 1.97 1.91

CHIX:ATL vs SLB, BKR, HAL: Quick Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Ashtead Technology 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.


Ashtead Technology Holdings Quick Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ashtead Technology Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Ashtead Technology Holdings's Quick Ratio falls into.


CHIX:ATL
63GF Score
Ashtead Technology Holdings PLC CHIX:ATL
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashtead Technology 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.

Ashtead Technology Holdings's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(78.016-11.583)/34.706
=1.91

Ashtead Technology Holdings's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(78.016-11.583)/34.706
=1.91

* 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 1.91 mean?
Ashtead Technology Holdings (CHIX:ATL) has a Quick Ratio of 1.91 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ashtead Technology Holdings and its competitors. This is 41% above median its historical median of 1.35. Over the past decade, Ashtead Technology Holdings' Quick Ratio has ranged from 1.21 to 2.00. According to the industry distribution chart, Ashtead Technology Holdings ranks #292 out of 1013 companies in the Oil & Gas industry, placing it in the top 28.8%.
Is Ashtead Technology Holdings' Quick Ratio too high?
Ashtead Technology Holdings' current Quick Ratio of 1.91 is 41% above median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 2.00. The Oil & Gas industry median Quick Ratio is 1.11. Ashtead Technology Holdings' value of 1.91 is 72.1% above this industry median. Based on the distribution chart, Ashtead Technology Holdings ranks #292 out of 1013 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ashtead Technology Holdings has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashtead Technology Holdings' Quick Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Ashtead Technology Holdings ranks #292 out of 1013 companies for Quick Ratio. This puts Ashtead Technology Holdings in the upper half of its industry. The industry median Quick Ratio is 1.11. Ashtead Technology Holdings' value of 1.91 is 72.1% above this benchmark. Historically, Ashtead Technology Holdings' own Quick Ratio has ranged from 1.21 to 2.00 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 1.11, Ashtead Technology Holdings has consistently been above 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 an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.11, based on 1,013 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. Ashtead Technology Holdings's current Quick Ratio of 1.91 is 72.1% above 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 Ashtead Technology Holdings and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashtead Technology Holdings's current Quick Ratio is 1.91, which is 41% above median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashtead Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ashtead Technology Holdings (CHIX:ATL) is currently considered Significantly Undervalued. The stock's GF Value™ is £8.82, compared to a current price of £4.11 — trading 53.5% below its estimated fair value. The current Quick Ratio is 1.91, which is 41% above median its 10-year median of 1.35 and 72.1% above the Oil & Gas industry median of 1.11. Ashtead Technology Holdings' overall GF Score™ is 63/100 with 2 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 Ashtead Technology Holdings (CHIX:ATL), the current Quick Ratio is 1.91 as of Dec. 2025. 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.

Is Ashtead Technology Holdings (CHIX:ATL) Overvalued in 2026?

Based on GuruFocus' analysis, Ashtead Technology Holdings stock appears to be undervalued. The current stock price of £4.11 is trading 53.5% below its estimated GF Value™ of £8.82. GuruFocus considers Ashtead Technology Holdings to be Significantly Undervalued.

Key valuation signals for CHIX:ATL:

  • Quick Ratio: 1.91 (41% above median its 10-year median of 1.35)
  • GF Value™: £8.82 vs. price of £4.11 (53.5% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 72.1% above the Oil & Gas median (#292 of 1013)

No single metric tells the full story. See the CHIX:ATL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ashtead Technology Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges AT.:UKY9R:Germany
Address Ashtead House, Discovery Drive, Westhill, Aberdeenshire, GBR, AB32 6FG
Ashtead Technology Holdings PLC is a subsea equipment rental and solutions organization supporting the installation, inspection, maintenance, repair, and decommissioning of infrastructure across the offshore energy industry. Its service offering is applicable across the lifecycle of offshore wind farms and offshore oil and gas infrastructure. The company operates in the following four geographic regions, which have been determined as the Group's reportable segments. The operations of each geographic region are similar: Europe, which generates maximum revenue, the Americas, Asia-Pacific, and the Middle East.
63GF Score

Get the complete analysis for CHIX:ATL

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£4.11
Price
£8.82
GF Value