Alta Equipment Group Inc (ALTG) — Defensive Interval Ratio

Latest as of September 2025: 145 days

Alta Equipment Group Inc (ALTG) has a Defensive Interval Ratio of 145 days as of September 2025. Defensive assets of $216.00 Million (cash $-, short-term investments $-, receivables $216.00 Million) cover 145 days of daily cash needs of $1.49 Million/day. Check tangible equity quality of Alta Equipment Group Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

145 days
Days of operational coverage

Defensive Assets

$216.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

$1.49 Million
Current Liabilities ÷ 365

Current Liabilities

$542.70 Million
USD

Alta Equipment Group Inc Defensive Interval Ratio (2017–2024)

This chart shows how Alta Equipment Group Inc's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 145 days, meaning defensive assets of $216.00 Million can fund 145 days of operations without new revenue. Also explore ALTG net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Alta Equipment Group Inc (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for Alta Equipment Group Inc from 2017 to 2024, covering 8 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Alta Equipment Group Inc market cap and net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 126 days $199.70 Million $1.58 Million/day $- $- ▼ -17 days
2023 143 days $249.30 Million $1.74 Million/day $- $- ▼ -37 days
2022 180 days $232.80 Million $1.29 Million/day $- $- ▼ -27 days
2021 207 days $182.70 Million $882.74K/day $- $- ▲ +91 days
2020 116 days $137.80 Million $1.19 Million/day $- $- ▼ -18629 days
2019 18744 days $101.20 Million $5.40K/day $- $- ▼ -90204 days
2018 108948 days $65.90 Million $604.87/day $- $- ▼ -2473333 days
2017 2582281 days $52.91 Million $20.49/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)