Alta Property Plant And Equipment Net from 2010 to 2025

ALTG Stock  USD 6.55  0.30  4.38%   
Alta Equipment's Property Plant And Equipment Net is increasing over the last several years with slightly volatile swings. Property Plant And Equipment Net is predicted to flatten to about 445 M. Property Plant And Equipment Net is the total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects Alta Equipment's investment in assets used for production. View All Fundamentals
 
Property Plant And Equipment Net  
First Reported
2010-12-31
Previous Quarter
662.1 M
Current Value
445 M
Quarterly Volatility
161.9 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 Property Plant And Equipment Net Growth Pattern

Below is the plot of the Property Plant And Equipment Net of Alta Equipment Group over the last few years. It is the total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production. Alta Equipment's Property Plant And Equipment Net 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.
Property Plant And Equipment Net10 Years Trend
Slightly volatile
   Property Plant And Equipment Net   
       Timeline  

Alta Property Plant And Equipment Net Regression Statistics

Arithmetic Mean306,132,938
Geometric Mean273,798,764
Coefficient Of Variation52.88
Mean Deviation137,041,172
Median196,500,000
Standard Deviation161,873,586
Sample Variance26203.1T
Range465.6M
R-Value0.82
Mean Square Error9242.5T
R-Squared0.67
Significance0.0001
Slope27,846,757
Total Sum of Squares393045.9T

Alta Property Plant And Equipment Net History

2025445 M
2024662.1 M
2023575.7 M
2022491.4 M
2021447.1 M
2020311.9 M

About Alta Equipment Financial Statements

Alta Equipment stakeholders use historical fundamental indicators, such as Alta Equipment's Property Plant And Equipment Net, 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
Property Plant And Equipment Net662.1 M445 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.