Alta Equipment Group Inc - Asset Resilience Ratio
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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (None–None)
This chart shows how Alta Equipment Group Inc's Asset Resilience Ratio has changed over time. Check ALTG PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
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 Alta Equipment Group Inc market capitalisation.
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 |
|---|---|---|
|
Alquiber Quality SA
MC:ALQ |
Rental & Leasing Services | 0.36% |
|
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% |
|
Babylon Pump & Power Ltd
AU:BPP |
Rental & Leasing Services | 2.34% |
|
SIV Capital Ltd
AU:SIV |
Rental & Leasing Services | 98.52% |
|
CL8 Holdings Ltd
AU:CL8 |
Rental & Leasing Services | 0.02% |
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. | ||||
About Alta Equipment Group Inc
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