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. Also explore Alta Equipment Group Inc (ALTG) total assets for the complete picture of this company's asset base.
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 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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 market cap of Alta Equipment Group Inc.
| 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 | — |