Alta Equipment Group Inc Cash Flow Quality Index
Alta Equipment Group Inc 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 Alta Equipment Group Inc (ALTG) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Alta Equipment Group Inc (2019–2023)
Cash flow quality index of Alta Equipment Group Inc from 2019 to 2023. Historical Cash Flow Quality Index for Alta Equipment Group Inc across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. See debt-free asset ratio of Alta Equipment Group Inc to measure how much of total assets are equity-financed.
Alta Equipment Group Inc Cash Flow Quality Index by Year (2019–2023)
Alta Equipment Group Inc cash flow quality index by year from 2019 to 2023. Year-by-year earnings quality comparison for Alta Equipment Group Inc. For the full cash flow conversion analysis, see ALTG cash generation efficiency.
| 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 | — |