Alta Net Working Capital from 2010 to 2025

ALTG Stock  USD 6.55  0.30  4.38%   
Alta Equipment's Net Working Capital is increasing over the last several years with slightly volatile swings. Net Working Capital is estimated to finish at about 245 M this year. During the period from 2010 to 2025 Alta Equipment Group Net Working Capital regressed destribution of quarterly values had mean deviationof  82,689,978 and mean square error of 4903 T. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
233.3 M
Current Value
245 M
Quarterly Volatility
100.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alta Equipment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alta Equipment's main balance sheet or income statement drivers, such as Interest Expense of 68.8 M, Net Income Applicable To Common Shares of 6 M or Net Income of 10.7 M, as well as many indicators such as Price To Sales Ratio of 0.35, Dividend Yield of 0.0127 or PTB Ratio of 2.53. Alta financial statements analysis is a perfect complement when working with Alta Equipment Valuation or Volatility modules.
  
Check out the analysis of Alta Equipment Correlation against competitors.

Latest Alta Equipment's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Alta Equipment Group over the last few years. It is Alta Equipment's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alta Equipment's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Alta Net Working Capital Regression Statistics

Arithmetic Mean52,954,232
Coefficient Of Variation189.62
Mean Deviation82,689,978
Median(7,479)
Standard Deviation100,411,853
Sample Variance10082.5T
Range297.7M
R-Value0.74
Mean Square Error4903T
R-Squared0.55
Significance0
Slope15,586,139
Total Sum of Squares151238.1T

Alta Net Working Capital History

2025245 M
2024233.3 M
2023202.9 M
2022192.1 M
202128 M
2020-52.7 M
2019-1.1 M

About Alta Equipment Financial Statements

Alta Equipment stakeholders use historical fundamental indicators, such as Alta Equipment's Net Working Capital, to determine how well the company is positioned to perform in the future. Although Alta Equipment investors may analyze each financial statement separately, they are all interrelated. For example, changes in Alta Equipment's assets and liabilities are reflected in the revenues and expenses on Alta Equipment's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Alta Equipment Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital233.3 M245 M

Currently Active Assets on Macroaxis

When determining whether Alta Equipment Group is a strong investment it is important to analyze Alta Equipment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alta Equipment's future performance. For an informed investment choice regarding Alta Stock, refer to the following important reports:
Check out the analysis of Alta Equipment Correlation against competitors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alta Equipment. If investors know Alta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alta Equipment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.454
Dividend Share
0.228
Earnings Share
(1.72)
Revenue Per Share
57.408
Quarterly Revenue Growth
(0.04)
The market value of Alta Equipment Group is measured differently than its book value, which is the value of Alta that is recorded on the company's balance sheet. Investors also form their own opinion of Alta Equipment's value that differs from its market value or its book value, called intrinsic value, which is Alta Equipment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alta Equipment's market value can be influenced by many factors that don't directly affect Alta Equipment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alta Equipment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alta Equipment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alta Equipment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.