Alta Equipment Group Balance Sheet Health
Financial Health criteria checks 2/6
Alta Equipment Group has a total shareholder equity of $2.9M and total debt of $1.1B, which brings its debt-to-equity ratio to 36624.1%. Its total assets and total liabilities are $1.4B and $1.4B respectively. Alta Equipment Group's EBIT is $20.4M making its interest coverage ratio 0.2. It has cash and short-term investments of $14.1M.
Key information
36,624.14%
Debt to equity ratio
US$1.06b
Debt
| Interest coverage ratio | 0.2x |
| Cash | US$14.10m |
| Equity | US$2.90m |
| Total liabilities | US$1.43b |
| Total assets | US$1.43b |
Recent financial health updates
Alta Equipment Group (NYSE:ALTG) Has No Shortage Of Debt
Nov 15
Alta Equipment Group (NYSE:ALTG) Has No Shortage Of Debt
Aug 26Recent updates
Little Excitement Around Alta Equipment Group Inc.'s (NYSE:ALTG) Revenues
Jan 09We Like These Underlying Return On Capital Trends At Alta Equipment Group (NYSE:ALTG)
Dec 13Alta Equipment Group (NYSE:ALTG) Has No Shortage Of Debt
Nov 15Alta Equipment Group Inc. (NYSE:ALTG) Looks Inexpensive But Perhaps Not Attractive Enough
Sep 13Robust Strategy, Heavy Debt: Why Alta Screens As A Hold, Not A Buy (Rating Downgrade)
Sep 12
IIJA Spending And Automation Will Lift Heavy Equipment Demand
Elevated infrastructure spending and optimized operational initiatives are expected to boost Alta's revenue and profitability in key segments.Alta Equipment Group (NYSE:ALTG) Will Be Hoping To Turn Its Returns On Capital Around
Dec 19Alta Equipment Group's (NYSE:ALTG) Dividend Will Be $0.057
Nov 08Alta Equipment Group Inc.'s (NYSE:ALTG) Share Price Is Matching Sentiment Around Its Revenues
Nov 07Here's What's Concerning About Alta Equipment Group's (NYSE:ALTG) Returns On Capital
Sep 17Alta Equipment Group: More Than 100% Upside As Cash Piles Up In Coming Quarters
Aug 27Alta Equipment Group (NYSE:ALTG) Has No Shortage Of Debt
Aug 26Alta Equipment Group (NYSE:ALTG) Will Pay A Dividend Of $0.057
Aug 05Investors Still Aren't Entirely Convinced By Alta Equipment Group Inc.'s (NYSE:ALTG) Revenues Despite 27% Price Jump
Jul 17Returns On Capital At Alta Equipment Group (NYSE:ALTG) Paint A Concerning Picture
Jun 05Benign Growth For Alta Equipment Group Inc. (NYSE:ALTG) Underpins Stock's 31% Plummet
May 14Greenhaven Road Capital - Alta Equipment Group: A Razor/Razorblade Model Free Cash Flow Generator
May 01Is Now The Time To Look At Buying Alta Equipment Group Inc. (NYSE:ALTG)?
Apr 17Weak Statutory Earnings May Not Tell The Whole Story For Alta Equipment Group (NYSE:ALTG)
Mar 22Alta Equipment Group (NYSE:ALTG) Has Affirmed Its Dividend Of $0.057
Feb 05Alta Equipment: Debt And Control Concerns Mitigate The Gains From Acquisitions
Jan 12Alta Equipment Group (NYSE:ALTG) Is Paying Out A Dividend Of $0.057
Aug 11Financial Position Analysis
Short Term Liabilities: ALTG's short term assets ($771.9M) exceed its short term liabilities ($542.7M).
Long Term Liabilities: ALTG's short term assets ($771.9M) do not cover its long term liabilities ($885.4M).
Debt to Equity History and Analysis
Debt Level: ALTG's net debt to equity ratio (36137.9%) is considered high.
Reducing Debt: ALTG's debt to equity ratio has increased from 382.8% to 36624.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ALTG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ALTG has less than a year of cash runway if free cash flow continues to grow at historical rates of 28.8% each year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/02/08 08:11 |
| End of Day Share Price | 2026/02/06 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Alta Equipment Group Inc. is covered by 5 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Liam Burke | B. Riley Securities, Inc. |
| Matt Summerville | D.A. Davidson & Co. |
| Edward Jackson | Northland Capital Markets |