Ashtead Technology Holdings (STU:Y9R) Total Assets : €269.8 Mil (As of Jun. 2024)

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What is Ashtead Technology Holdings Total Assets?

Ashtead Technology Holdings's Total Assets for the quarter that ended in Jun. 2024 was €269.8 Mil.

During the past 12 months, Ashtead Technology Holdings's average Total Assets Growth Rate was 64.80% per year. During the past 3 years, the average Total Assets Growth Rate was 31.60% per year. During the past 5 years, the average Total Assets Growth Rate was 17.20% per year.

During the past 7 years, Ashtead Technology Holdings's highest 3-Year average Total Assets Growth Rate was 31.60%. The lowest was 7.00%. And the median was 13.65%.

Total Assets is connected with ROA %. Ashtead Technology Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was 12.20%. Total Assets is also linked to Revenue through Asset Turnover. Ashtead Technology Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.37.

Ashtead Technology Holdings Total Assets Historical Data

The historical data trend for Ashtead Technology Holdings's Total Assets 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.

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Ashtead Technology Holdings Total Assets Chart

Ashtead Technology Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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125.96

110.37

116.55

156.09

248.05

Ashtead Technology Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial						126.47	156.09	164.54	248.05	269.83

Ashtead Technology Holdings Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Ashtead Technology Holdings's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	113.274	+	134.773
	=	248.0

Ashtead Technology Holdings's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	130.52	+	139.311
	=	269.8

Ashtead Technology Holdings (STU:Y9R) Total Assets Explanation

Total Assets is connected with ROA %.

Ashtead Technology Holdings's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	31.584	/	( (248.047	+	269.831)	/ 2 )
	=	31.584	/	258.939
	=	12.20 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Ashtead Technology Holdings's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	95.089	/	( (248.047	+	269.831)	/ 2 )
=	95.089	/	258.939
=	0.37

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Ashtead Technology Holdings Total Assets Related Terms

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Ashtead Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ashtead Technology Holdings PLC (STU:Y9R) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

AT.:UK Y9R:Germany

Address

Ashtead House, Discovery Drive, Westhill, Aberdeenshire, GBR, AB32 6FG

Website

https://www.ashtead-technology.com

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; the Americas; Asia-Pacific and the Middle East.

Ashtead Technology Holdings Headlines

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