Sunbelt Rentals Holdings Inc., a primary subsidiary of Ashtead Group plc, stands as one of the largest and most diversified equipment rental companies in North America. With a vast network of over 1,200 branches across the United States and Canada, the company provides an extensive portfolio of equipment for rent, ranging from heavy earthmoving machinery and aerial work platforms to specialized tools for power generation, climate control, and remediation. Sunbelt serves a broad and resilient customer base that includes large-scale construction firms, industrial facilities, government agencies, and individual homeowners. The company's business model is built on the 'Power of Sunbelt' strategy, which emphasizes market density, a high level of customer service, and a 'clustered' geographic approach that allows for efficient fleet sharing and rapid response times. This scale enables Sunbelt to act as a critical partner for major infrastructure projects, emergency response efforts, and routine industrial maintenance. In addition to its core rental business, Sunbelt Rentals has invested heavily in digital transformation, offering customers advanced fleet management tools and online rental platforms. The company is also a leader in the industry's shift toward sustainability, actively incorporating electric and hybrid equipment into its fleet to help customers meet their environmental goals. Through a combination of organic growth and strategic acquisitions, Sunbelt Rentals Holdings Inc. continues to expand its market share and solidify its position as a cornerstone of the North American industrial services sector.
How many years of EBITDA are required to pay off the company's net debt, according to the official accounting standard IFRS16. As a market consensus, a value of up to 3 years of leverage is accepted for most companies.
How much the company's debt represents in % in relation to its equity. As a market consensus, a value less than or equal to 1 is accepted, above that leverage can end up hurting the final result at some point.
The current ratio helps investors understand more about a company's ability to cover its short-term debt with its current assets and make apples-to-apples comparisons with its competitors and peers.
The quick ratio measures a company's capacity to pay its current liabilities without needing to sell its inventory or obtain additional financing and is considered a more conservative measure than the current ratio, which includes all current assets as coverage for current liabilities.
The interest coverage ratio is used to measure how well a firm can pay the interest due on outstanding debt and is is calculated by dividing a company's earnings before interest and taxes (EBIT) by its interest expense during a given period. Generally, a higher coverage ratio is better, although the ideal ratio may vary by industry.
...and much more!