Alta Equipment Group Inc Asset Resilience Ratio
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. See ALTG cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Alta Equipment Group Inc (None–None)
Asset resilience ratio of Alta Equipment Group Inc from None to None. This chart shows how Alta Equipment Group Inc's Asset Resilience Ratio has changed over time. Read ALTG total debt and obligations for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see Alta Equipment Group Inc balance sheet assets.
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 | 9.19% |
|
Bohai Leasing Co Ltd
SHE:000415 |
Rental & Leasing Services | 0.03% |
|
Lotte Rental Co Ltd
KO:089860 |
Rental & Leasing Services | 0.66% |
|
Mills Estruturas e Serviços de Engenharia S.A
SA:MILS3 |
Rental & Leasing Services | 4.07% |
|
Fleetpartners Group Ltd
AU:FPR |
Rental & Leasing Services | 10.85% |
|
SG Fleet Group Ltd
AU:SGF |
Rental & Leasing Services | 0.29% |
|
Emeco Holdings Ltd
AU:EHL |
Rental & Leasing Services | 1.48% |
|
Aquirian Ltd
AU:AQN |
Rental & Leasing Services | 19.82% |
Alta Equipment Group Inc Asset Resilience Ratio by Year (None–None)
Alta Equipment Group Inc asset resilience ratio by year from None to 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