Alta Equipment Group Inc
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States and Canada. It operates through three segments: Material Handling, Construction Equipment, and Master Distribution. The company sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and other material handling equipment, h… Read more
Alta Equipment Group Inc (ALTG) - Total Assets
Latest total assets as of September 2025: $1.43 Billion USD
Based on the latest financial reports, Alta Equipment Group Inc (ALTG) holds total assets worth $1.43 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Alta Equipment Group Inc - Total Assets Trend (2017–2024)
This chart illustrates how Alta Equipment Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Alta Equipment Group Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Alta Equipment Group Inc's total assets of $1.43 Billion consist of 52.3% current assets and 47.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.9% |
| Accounts Receivable | $199.70 Million | 13.5% |
| Inventory | $535.90 Million | 36.2% |
| Property, Plant & Equipment | $553.40 Million | 37.4% |
| Intangible Assets | $54.70 Million | 3.7% |
| Goodwill | $77.50 Million | 5.2% |
Asset Composition Trend (2017–2024)
This chart illustrates how Alta Equipment Group Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Alta Equipment Group Inc's current assets represent 52.3% of total assets in 2024, a decrease from 53.6% in 2017.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2024, up from 0.1% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 1.0% in 2017.
- Asset Diversification: The largest asset category is property, plant & equipment at 37.4% of total assets.
Alta Equipment Group Inc Competitors by Total Assets
Key competitors of Alta Equipment Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bohai Leasing Co Ltd
SHE:000415
|
China | CN¥286.33 Billion |
|
Lotte Rental Co Ltd
KO:089860
|
Korea | ₩7.39 Trillion |
|
AJ Networks Co Ltd
KO:095570
|
Korea | ₩1.74 Trillion |
|
Redde Northgate PLC
F:21W
|
Germany | €2.50 Billion |
|
Cuckoo Homesys Co Ltd
KO:284740
|
Korea | ₩1.49 Trillion |
|
China Development Bank Financial Leasing Co. Ltd
F:2C6
|
Germany | €417.73 Billion |
|
Shaanxi Construction Machinery Co Ltd
SHG:600984
|
China | CN¥15.56 Billion |
|
Zhejiang Huatie Constr Safety
SHG:603300
|
China | CN¥26.42 Billion |
Alta Equipment Group Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Alta Equipment Group Inc generates 1.27x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Alta Equipment Group Inc is currently not profitable relative to its asset base.
Alta Equipment Group Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.42 | 1.35 | 0.88 |
| Quick Ratio | 0.49 | 0.43 | 0.35 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $229.20 Million | $ 214.10 Million | $ -52.70 Million |
Alta Equipment Group Inc - Advanced Valuation Insights
This section examines the relationship between Alta Equipment Group Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 73.81 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | -5.8% |
| Total Assets | $1.48 Billion |
| Market Capitalization | $101.18 Million USD |
Valuation Analysis
Below Book Valuation: The market values Alta Equipment Group Inc's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Alta Equipment Group Inc's assets decreased by 5.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Alta Equipment Group Inc (2017–2024)
The table below shows the annual total assets of Alta Equipment Group Inc from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.48 Billion | -5.76% |
| 2023-12-31 | $1.57 Billion | +21.72% |
| 2022-12-31 | $1.29 Billion | +31.35% |
| 2021-12-31 | $982.60 Million | +31.68% |
| 2020-12-31 | $746.20 Million | +408.20% |
| 2019-12-31 | $146.83 Million | +69108.38% |
| 2018-12-31 | $212.16K | -99.92% |
| 2017-12-31 | $263.45 Million | -- |