Alta Equipment Group Inc (ALTG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Alta Equipment Group Inc (ALTG) has a cash flow conversion efficiency ratio of 0.862x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($2.50 Million) by net assets ($2.90 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Alta Equipment Group Inc - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Alta Equipment Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Alta Equipment Group Inc carry for a breakdown of total debt and financial obligations.
Alta Equipment Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Alta Equipment Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mufin Green Finance Ltd
NSE:MUFIN
|
-0.212x |
|
Nextgreen Global Bhd
KLSE:7241
|
0.093x |
|
The Korea Fund Inc
F:KOF1
|
N/A |
|
Platinum Group Metals Ltd
TO:PTM
|
-0.028x |
|
Guangdong Electric Power Devel
SHE:200539
|
0.066x |
|
Aspo Oyj
HE:ASPO
|
0.157x |
|
GigCapital7 Corp. Class A Ordinary Share
NASDAQ:GIG
|
-0.036x |
|
Innowireless Co. Ltd
KQ:073490
|
-0.017x |
Annual Cash Flow Conversion Efficiency for Alta Equipment Group Inc (2017–2024)
The table below shows the annual cash flow conversion efficiency of Alta Equipment Group Inc from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see ALTG market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $77.60 Million | $57.00 Million | 0.735x | +88.29% |
| 2023-12-31 | $149.70 Million | $58.40 Million | 0.390x | +109.76% |
| 2022-12-31 | $139.80 Million | $26.00 Million | 0.186x | -18.40% |
| 2021-12-31 | $134.70 Million | $30.70 Million | 0.228x | +193.12% |
| 2020-12-31 | $156.90 Million | $-38.40 Million | -0.245x | -7684.32% |
| 2019-12-31 | $144.86 Million | $-455.45K | -0.003x | -107.93% |
| 2018-12-31 | $-8.62K | $-342.00 | 0.040x | -80.37% |
| 2017-12-31 | $263.45 Million | $53.23 Million | 0.202x | -- |
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