Based on the key indicators related to Alta Equipment's liquidity, profitability, solvency, and operating efficiency, Alta Equipment Group is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. At this time, Alta Equipment's Total Liabilities is most likely to increase significantly in the upcoming years. The Alta Equipment's current Net Tangible Assets is estimated to increase to about 168.8 M, while Retained Earnings are forecasted to increase to (141.8 M). Key indicators impacting Alta Equipment's financial strength include:
Investors should never underestimate Alta Equipment's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Alta Equipment's cash flow, debt, and profitability to make informed and accurate decisions about investing in Alta Equipment Group.
Net Income
(58.99 Million)
Alta
Select Account or Indicator
Market Cap
Enterprise Value
Price To Sales Ratio
Dividend Yield
Ptb Ratio
Days Sales Outstanding
Book Value Per Share
Free Cash Flow Yield
Operating Cash Flow Per Share
Stock Based Compensation To Revenue
Capex To Depreciation
Pb Ratio
Ev To Sales
Free Cash Flow Per Share
Roic
Inventory Turnover
Net Income Per Share
Days Of Inventory On Hand
Payables Turnover
Sales General And Administrative To Revenue
Capex To Revenue
Cash Per Share
Pocfratio
Interest Coverage
Capex To Operating Cash Flow
Pfcf Ratio
Days Payables Outstanding
Income Quality
Roe
Ev To Operating Cash Flow
Pe Ratio
Return On Tangible Assets
Ev To Free Cash Flow
Earnings Yield
Intangibles To Total Assets
Net Debt To E B I T D A
Current Ratio
Tangible Book Value Per Share
Receivables Turnover
Shareholders Equity Per Share
Debt To Equity
Capex Per Share
Graham Net Net
Revenue Per Share
Interest Debt Per Share
Debt To Assets
Enterprise Value Over E B I T D A
Graham Number
Short Term Coverage Ratios
Price Earnings Ratio
Operating Cycle
Price Book Value Ratio
Price Earnings To Growth Ratio
Days Of Payables Outstanding
Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio
Pretax Profit Margin
Ebt Per Ebit
Operating Profit Margin
Effective Tax Rate
Company Equity Multiplier
Long Term Debt To Capitalization
Total Debt To Capitalization
Return On Capital Employed
Debt Equity Ratio
Ebit Per Revenue
Quick Ratio
Dividend Paid And Capex Coverage Ratio
Net Income Per E B T
Cash Ratio
Cash Conversion Cycle
Operating Cash Flow Sales Ratio
Days Of Inventory Outstanding
Days Of Sales Outstanding
Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios
Price To Book Ratio
Fixed Asset Turnover
Capital Expenditure Coverage Ratio
Price Cash Flow Ratio
Enterprise Value Multiple
Debt Ratio
Cash Flow To Debt Ratio
Price Sales Ratio
Return On Assets
Asset Turnover
Net Profit Margin
Gross Profit Margin
Price Fair Value
Return On Equity
Change In Working Capital
Capital Expenditures
Net Income
End Period Cash Flow
Sale Purchase Of Stock
Change To Inventory
Change In Cash
Net Borrowings
Free Cash Flow
Begin Period Cash Flow
Total Cashflows From Investing Activities
Other Cashflows From Financing Activities
Depreciation
Other Non Cash Items
Total Cash From Operating Activities
Change To Account Receivables
Change To Operating Activities
Total Cash From Financing Activities
Other Cashflows From Investing Activities
Change To Netincome
Change To Liabilities
Dividends Paid
Investments
Stock Based Compensation
Other Current Liab
Total Current Liabilities
Total Stockholder Equity
Retained Earnings
Common Stock Shares Outstanding
Total Liab
Common Stock
Total Assets
Other Liab
Net Tangible Assets
Accounts Payable
Cash
Non Current Assets Total
Non Currrent Assets Other
Other Assets
Long Term Debt
Cash And Short Term Investments
Net Receivables
Good Will
Long Term Debt Total
Liabilities And Stockholders Equity
Non Current Liabilities Total
Capital Surpluse
Inventory
Other Current Assets
Other Stockholder Equity
Net Invested Capital
Short Long Term Debt
Total Current Assets
Net Working Capital
Short Term Debt
Intangible Assets
Property Plant Equipment
Short Long Term Debt Total
Net Debt
Property Plant And Equipment Net
Current Deferred Revenue
Capital Lease Obligations
Property Plant And Equipment Gross
Accumulated Other Comprehensive Income
Non Current Liabilities Other
Tax Provision
Interest Expense
Net Income Applicable To Common Shares
Income Tax Expense
Selling General Administrative
Total Revenue
Gross Profit
Operating Income
Net Income From Continuing Ops
Ebit
Cost Of Revenue
Total Operating Expenses
Income Before Tax
Total Other Income Expense Net
Other Operating Expenses
Ebitda
Net Interest Income
Interest Income
Depreciation And Amortization
Reconciled Depreciation
Probability Of Bankruptcy
Understanding current and past Alta Equipment Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Alta Equipment's financial statements are interrelated, with each one affecting the others. For example, an increase in Alta Equipment's assets may result in an increase in income on the income statement.
Alta Equipment competes with PROG Holdings, GATX, McGrath RentCorp, Custom Truck, and Mega Matrix. Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan. Alta Equipment operates under Rental Leasing Services classification in the United States and is traded on New York Stock Exchange. It employs 2250 people.
Comparative valuation techniques use various fundamental indicators to help in determining Alta Equipment's current stock value. Our valuation model uses many indicators to compare Alta Equipment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alta Equipment competition to find correlations between indicators driving Alta Equipment's intrinsic value. More Info.
Alta Equipment Group is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Alta Equipment's Return On Equity is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Alta Equipment by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Alta Equipment Group Systematic Risk
Alta Equipment's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alta Equipment volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Alta Equipment Group correlated with the market. If Beta is less than 0 Alta Equipment generally moves in the opposite direction as compared to the market. If Alta Equipment Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alta Equipment Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alta Equipment is generally in the same direction as the market. If Beta > 1 Alta Equipment moves generally in the same direction as, but more than the movement of the benchmark.
Alta Equipment Thematic Clasifications
Alta Equipment Group is part of Rentals investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Rental and leasing services. Companies providing rental and leasing services to public and business
This theme covers Rental and leasing services. Companies providing rental and leasing services to public and business. Get More Thematic Ideas
Today, most investors in Alta Equipment Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Alta Equipment's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Alta Equipment growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Alta Equipment help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alta Equipment Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alta Equipment Group based on widely used predictive technical indicators. In general, we focus on analyzing Alta Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alta Equipment's daily price indicators and compare them against related drivers.
When running Alta Equipment's price analysis, check to measure Alta Equipment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alta Equipment is operating at the current time. Most of Alta Equipment's value examination focuses on studying past and present price action to predict the probability of Alta Equipment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alta Equipment's price. Additionally, you may evaluate how the addition of Alta Equipment to your portfolios can decrease your overall portfolio volatility.