Alta Equipment Group Inc

NYSE:ALTG USA Rental & Leasing Services
Market Cap
$196.96 Million
Market Cap Rank
#18185 Global
#6805 in USA
Share Price
$6.11
Change (1 day)
+1.83%
52-Week Range
$3.95 - $8.62
All Time High
$18.03
About

Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States and Canada. It operates through three segments: Material Handling, Construction Equipment, and Master Distribution. The company sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and other material handling equipment, h… Read more

Alta Equipment Group Inc - Asset Resilience Ratio

Latest as of March 2019: 2.37%

Alta Equipment Group Inc (ALTG) has an Asset Resilience Ratio of 2.37% as of March 2019. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
$3.00 Million
Cash + Short-term Investments
Total Assets
$126.71 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (None–None)

This chart shows how Alta Equipment Group Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Alta Equipment Group Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $3.00 Million 2.37%
Total Liquid Assets $3.00 Million 2.37%

Asset Resilience Insights

  • Limited Liquidity: Alta Equipment Group Inc maintains only 2.37% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Alta Equipment Group Inc Industry Peers by Asset Resilience Ratio

Compare Alta Equipment Group Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Bohai Leasing Co Ltd
SHE:000415
Rental & Leasing Services 0.03%
Lotte Rental Co Ltd
KO:089860
Rental & Leasing Services 0.51%
AJ Networks Co Ltd
KO:095570
Rental & Leasing Services 2.67%
Cuckoo Homesys Co Ltd
KO:284740
Rental & Leasing Services 0.07%
China Development Bank Financial Leasing Co. Ltd
F:2C6
Rental & Leasing Services 1.88%
Shaanxi Construction Machinery Co Ltd
SHG:600984
Rental & Leasing Services 0.30%
Zhejiang Huatie Constr Safety
SHG:603300
Rental & Leasing Services 0.81%
Amedeo Air Four Plus Limited
LSE:AA4
Rental & Leasing Services 0.93%

Annual Asset Resilience Ratio for Alta Equipment Group Inc (None–None)

The table below shows the annual Asset Resilience Ratio data for Alta Equipment Group Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
No yearly data available.
pp = percentage points