Alta Net Interest Income from 2010 to 2026
| ALTG Stock | USD 6.82 0.11 1.64% |
Net Interest Income | First Reported 2019-06-30 | Previous Quarter -22.3 M | Current Value -22.4 M | Quarterly Volatility 7.7 M |
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 Depreciation And Amortization of 174.5 M, Interest Expense of 98.2 M or EBIT of 15.5 M, as well as many indicators such as Price To Sales Ratio of 0.13, Dividend Yield of 0.047 or PTB Ratio of 2.64. Alta financial statements analysis is a perfect complement when working with Alta Equipment Valuation or Volatility modules.
Alta | Net Interest Income | Build AI portfolio with Alta Stock |
The Net Interest Income trend for Alta Equipment Group offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Alta Equipment is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.
Latest Alta Equipment's Net Interest Income Growth Pattern
Below is the plot of the Net Interest Income of Alta Equipment Group over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Alta Equipment's Net Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alta Equipment's overall financial position and show how it may be relating to other accounts over time.
| Net Interest Income | 10 Years Trend |
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Net Interest Income |
| Timeline |
Alta Net Interest Income Regression Statistics
| Arithmetic Mean | (19,550,293) | |
| Coefficient Of Variation | (157.31) | |
| Mean Deviation | 25,650,523 | |
| Median | 2,252,652 | |
| Standard Deviation | 30,754,943 | |
| Sample Variance | 945.9T | |
| Range | 83.6M | |
| R-Value | (0.86) | |
| Mean Square Error | 261.9T | |
| R-Squared | 0.74 | |
| Slope | (5,240,747) | |
| Total Sum of Squares | 15133.9T |
Alta Net Interest Income History
About Alta Equipment Financial Statements
Alta Equipment stakeholders use historical fundamental indicators, such as Alta Equipment's Net Interest 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 Reported | Projected for Next Year | ||
| Net Interest Income | -73.2 M | -69.5 M |
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Check out the analysis of Alta Equipment Correlation against competitors. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Can Trading Companies & Distributors industry sustain growth momentum? Does Alta have expansion opportunities? 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. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Alta Equipment demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 0.454 | Dividend Share 0.114 | Earnings Share (2.50) | Revenue Per Share | Quarterly Revenue Growth (0.06) |
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. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. 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.
Understanding that Alta Equipment's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Alta Equipment represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Alta Equipment's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.