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. Check Alta Equipment Group Inc strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

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. See Alta Equipment Group Inc balance sheet independence to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see how much is Alta Equipment Group Inc worth.

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
Localiza Rent a Car S.A
SA:RENT3
Rental & Leasing Services 9.25%
Bohai Leasing Co Ltd
SHE:000415
Rental & Leasing Services 0.03%
Sarana Mitra Luas
JK:SMIL
Rental & Leasing Services 7.69%
Beyaz Filo Oto Kiralama AS
IS:BEYAZ
Rental & Leasing Services 0.03%
SG Fleet Group Ltd
AU:SGF
Rental & Leasing Services 0.29%
Fleetpartners Group Ltd
AU:FPR
Rental & Leasing Services 10.85%
Emeco Holdings Ltd
AU:EHL
Rental & Leasing Services 1.48%
Aquirian Ltd
AU:AQN
Rental & Leasing Services 19.82%

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

About Alta Equipment Group Inc

NYSE:ALTG USA Rental & Leasing Services
Market Cap
$234.91 Million
Market Cap Rank
#16484 Global
#3847 in USA
Share Price
$7.22
Change (1 day)
-0.28%
52-Week Range
$4.19 - $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