Alta Financial Statements From 2010 to 2024

ALTG Stock  USD 7.91  0.40  5.33%   
Alta Equipment financial statements provide useful quarterly and yearly information to potential Alta Equipment Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Alta Equipment financial statements helps investors assess Alta Equipment's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Alta Equipment's valuation are summarized below:
Gross Profit
419.6 M
Profit Margin
(0.03)
Market Capitalization
263.1 M
Enterprise Value Revenue
0.7797
Revenue
1.9 B
There are over one hundred nineteen available fundamental signals for Alta Equipment Group, which can be analyzed over time and compared to other ratios. Active traders should verify all of Alta Equipment Group prevailing fundamental drivers against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. The current Market Cap is estimated to decrease to about 310.4 M. Enterprise Value is estimated to decrease to about 951.8 M

Alta Equipment Total Revenue

1.97 Billion

Check Alta Equipment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alta Equipment's main balance sheet or income statement drivers, such as Interest Expense of 59.9 M, Net Income Applicable To Common Shares of 6 M or Net Income of 9.3 M, as well as many indicators such as Price To Sales Ratio of 0.35, Dividend Yield of 0.0277 or PTB Ratio of 2.82. Alta financial statements analysis is a perfect complement when working with Alta Equipment Valuation or Volatility modules.
  
Check out the analysis of Alta Equipment Correlation against competitors.

Alta Equipment Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Other Current Liabilities53.4 M101 M29.5 M
Slightly volatile
Total Current Liabilities666.9 M635.1 M175.4 M
Slightly volatile
Common Stock Total Equity168.9 M160.8 M59.3 M
Slightly volatile
Common Stock Shares Outstanding25.2 M32.9 M20.3 M
Slightly volatile
Total Liabilities1.5 B1.4 B366.9 M
Slightly volatile
Other Liabilities22.6 M38.6 M14 M
Slightly volatile
Accounts Payable54.8 M97 M39.5 M
Slightly volatile
Other Assets6.6 M6.9 M121.4 M
Very volatile
Long Term Debt659.6 M628.2 M189.8 M
Slightly volatile
Net Receivables160.7 M249.3 M103.7 M
Slightly volatile
Good Will80.5 M76.7 M23.1 M
Slightly volatile
Liabilities And Stockholders Equity1.6 B1.6 B425.8 M
Slightly volatile
Inventory271.8 M530.7 M172.7 M
Slightly volatile
Other Current Assets20.8 M27 M10.7 M
Slightly volatile
Short and Long Term Debt425.2 M405 M115.4 M
Slightly volatile
Total Current Assets879.9 M838 M289.5 M
Slightly volatile
Short Term Debt232.9 M420.9 M117.5 M
Slightly volatile
Intangible Assets69.6 M66.3 M18.1 M
Slightly volatile
Property Plant Equipment456.2 M434.5 M101.3 M
Slightly volatile
Short and Long Term Debt Total664.7 M1.2 B286.1 M
Slightly volatile
Net Debt657.8 M1.2 B283 M
Slightly volatile
Property Plant And Equipment Net445 M575.7 M282.4 M
Slightly volatile
Capital Lease Obligations108.7 M146.6 M35.7 M
Slightly volatile
Property Plant And Equipment Gross570.3 M823.5 M384.2 M
Slightly volatile
Non Current Liabilities Other14.5 M15.3 M24.3 M
Pretty Stable
Deferred Long Term LiabilitiesM10.2 M11.1 M
Slightly volatile

Alta Equipment Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Cost Of Revenue729.4 M1.4 B478.2 M
Slightly volatile
Other Operating Expenses995.8 M1.8 B428.5 M
Slightly volatile
Interest Income22.5 M36.6 M10.7 M
Slightly volatile
Depreciation And Amortization102.4 M132.6 M67.9 M
Slightly volatile
Reconciled Depreciation112.7 M127 M84.8 M
Slightly volatile
Non Operating Income Net Other1.6 M1.8 M1.4 M
Slightly volatile
Preferred Stock And Other Adjustments2.4 M2.7 M2.9 M
Slightly volatile

Alta Equipment Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
End Period Cash Flow32.5 M31 M4.8 M
Slightly volatile
Begin Period Cash Flow2.8 M2.7 M785.5 K
Slightly volatile
Depreciation83.9 M132.6 M55.9 M
Slightly volatile
Change To Operating Activities248.3 M236.4 M84.4 M
Slightly volatile
Dividends Paid10.1 M10.6 M50 M
Pretty Stable
Stock Based CompensationM4.3 M5.7 M
Slightly volatile
Cash And Cash Equivalents Changes256.5 K270 K955.1 K
Slightly volatile
Cash Flows Other Operating235.9 M363.3 M165 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.350.21390.414
Slightly volatile
Dividend Yield0.02770.02640.0091
Slightly volatile
Days Sales Outstanding61.8348.483957.1132
Very volatile
Stock Based Compensation To Revenue0.00350.00230.0062
Slightly volatile
Capex To Depreciation0.70.56260.6878
Slightly volatile
EV To Sales0.660.82730.942
Slightly volatile
Inventory Turnover2.052.58072.7588
Pretty Stable
Days Of Inventory On Hand1341411.8 K
Pretty Stable
Payables Turnover8.2314.11964.7226
Slightly volatile
Sales General And Administrative To Revenue0.180.22930.2218
Pretty Stable
Capex To Revenue0.05860.03970.0599
Slightly volatile
Cash Per Share1.00.95540.1547
Slightly volatile
Days Payables Outstanding24.5625.850629.2054
Pretty Stable
Intangibles To Total Assets0.08650.0912.4639
Very volatile
Net Debt To EBITDA4.676.15675.2092
Pretty Stable
Current Ratio1.251.319510.1 K
Slightly volatile
Receivables Turnover5.247.52836.3831
Pretty Stable
Graham Number3.025.3362.2188
Slightly volatile
Capex Per Share1.622.29911.6396
Slightly volatile
Revenue Per Share33.7757.840730.7185
Slightly volatile
Interest Debt Per Share16.9433.675716.1055
Slightly volatile
Debt To Assets0.850.65930.7703
Very volatile
Enterprise Value Over EBITDA7.898.30313.2 K
Slightly volatile
Operating Cycle1801901.9 K
Pretty Stable
Days Of Payables Outstanding24.5625.850629.2054
Pretty Stable
Long Term Debt To Capitalization0.850.80820.842
Slightly volatile
Total Debt To Capitalization0.970.87370.9411
Slightly volatile
Cash Ratio0.04640.048811.7394
Slightly volatile
Cash Conversion Cycle1561641.9 K
Pretty Stable
Days Of Inventory Outstanding1341411.8 K
Pretty Stable
Days Of Sales Outstanding61.8348.483957.1132
Very volatile
Fixed Asset Turnover3.13.2623.1677
Slightly volatile
Enterprise Value Multiple7.898.30313.2 K
Slightly volatile
Debt Ratio0.850.65930.7703
Very volatile
Price Sales Ratio0.350.21390.414
Slightly volatile
Asset Turnover1.131.1947131
Very volatile
Gross Profit Margin0.410.27020.3169
Pretty Stable

Alta Equipment Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap310.4 M401.4 M299.4 M
Slightly volatile
Enterprise Value951.8 M1.6 B862.6 M
Slightly volatile

Alta Fundamental Market Drivers

Forward Price Earnings222.2222
Cash And Short Term Investments31 M

Alta Upcoming Events

14th of March 2024
Upcoming Quarterly Report
View
8th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Alta Equipment Financial Statements

Alta Equipment stakeholders use historical fundamental indicators, such as Alta Equipment's revenue or net income, to determine how well the company is positioned to perform in the future. Although Alta Equipment investors may analyze each financial statement separately, they are all interrelated. For example, changes in Alta Equipment's assets and liabilities are reflected in the revenues and expenses on Alta Equipment's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Alta Equipment Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue16.2 M17 M
Total Revenue1.9 BB
Cost Of Revenue1.4 B729.4 M
Sales General And Administrative To Revenue 0.23  0.18 
Capex To Revenue 0.04  0.06 
Revenue Per Share 57.84  33.77 
Ebit Per Revenue 0.03  0.03 

Currently Active Assets on Macroaxis

When determining whether Alta Equipment Group is a strong investment it is important to analyze Alta Equipment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alta Equipment's future performance. For an informed investment choice regarding Alta Stock, refer to the following important reports:
Check out the analysis of Alta Equipment Correlation against competitors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alta Equipment. If investors know Alta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alta Equipment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.454
Dividend Share
0.228
Earnings Share
(1.71)
Revenue Per Share
57.408
Quarterly Revenue Growth
(0.04)
The market value of Alta Equipment Group is measured differently than its book value, which is the value of Alta that is recorded on the company's balance sheet. Investors also form their own opinion of Alta Equipment's value that differs from its market value or its book value, called intrinsic value, which is Alta Equipment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alta Equipment's market value can be influenced by many factors that don't directly affect Alta Equipment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alta Equipment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alta Equipment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alta Equipment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.