Alta Non Operating Income Net Other from 2010 to 2026

ALTG Stock  USD 6.82  0.11  1.64%   
Alta Equipment's Non Operating Income Net Other is increasing over the last several years with slightly volatile swings. Non Operating Income Net Other is predicted to flatten to about 1.6 M. During the period from 2010 to 2026 Alta Equipment Group Non Operating Income Net Other regressed destribution of quarterly values had coefficient of variationof  12.39 and r-value of  0.81. View All Fundamentals
 
Non Operating Income Net Other  
First Reported
2010-12-31
Previous Quarter
1.8 M
Current Value
1.6 M
Quarterly Volatility
175.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
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.
  
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Check out the analysis of Alta Equipment Correlation against competitors.
The Non Operating Income Net Other 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 Non Operating Income Net Other Growth Pattern

Below is the plot of the Non Operating Income Net Other of Alta Equipment Group over the last few years. It is Alta Equipment's Non Operating Income Net Other 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.
Non Operating Income Net Other10 Years Trend
Slightly volatile
   Non Operating Income Net Other   
       Timeline  

Alta Non Operating Income Net Other Regression Statistics

Arithmetic Mean1,419,706
Geometric Mean1,410,136
Coefficient Of Variation12.39
Mean Deviation154,913
Median1,300,000
Standard Deviation175,895
Sample Variance30.9B
Range540K
R-Value0.81
Mean Square Error11.2B
R-Squared0.66
Significance0.000075
Slope28,284
Total Sum of Squares495B

Alta Non Operating Income Net Other History

20261.6 M
20251.8 M
20211.6 M

About Alta Equipment Financial Statements

Alta Equipment stakeholders use historical fundamental indicators, such as Alta Equipment's Non Operating Income Net Other, 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
Non Operating Income Net Other1.8 M1.6 M

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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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
55.445
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.