Alta Equipment Group Inc (ALTG) — Cash Flow Quality Index
Alta Equipment Group Inc (ALTG) has a Cash Flow Quality Index of 1.95x as of September 2023. Operating cash flow of $14.40 Million exceeds net income of $7.40 Million, indicating high earnings quality where cash backs reported profits. Explore how efficiently does Alta Equipment Group Inc generate cash to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Alta Equipment Group Inc Cash Flow Quality Index (2019–2023)
Historical Cash Flow Quality Index for Alta Equipment Group Inc across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check ALTG cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Alta Equipment Group Inc (2019–2023)
Year-by-year earnings quality comparison for Alta Equipment Group Inc. For live market cap and the full company financial profile, see ALTG stock market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 6.56x | $58.40 Million | $8.90 Million | ▲ +134.7% |
| 2022 | 2.80x | $26.00 Million | $9.30 Million | ▲ +105.4% |
| 2019 | -51.45x | $-455.45K | $8.85K | — |