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 ALTG operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see Alta Equipment Group Inc (ALTG) cash conversion ratio.
Annual Cash Flow Quality Index for Alta Equipment Group Inc (2019–2023)
Year-by-year earnings quality comparison for 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 | — |