Alta Equipment Group Inc. financial data

Symbol
ALTG, ALTG-PA on NYSE
Industry
Wholesale-Industrial Machinery & Equipment
Location
13211 Merriman Road, Livonia, Michigan
State of incorporation
Delaware
Fiscal year end
December 31
Former names
B. Riley Principal Merger Corp. (to 2/14/2020)
Latest financial report
10-Q - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 134 % -4.19%
Quick Ratio 86.8 % -0.52%
Debt-to-equity 1.01K % +20.8%
Return On Equity -13.1 % -335%
Return On Assets -1.18 % -300%
Operating Margin 1.85 % -38.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 33.1M shares +2.24%
Common Stock, Shares, Outstanding 33M shares +1.8%
Entity Public Float 326M USD +81.7%
Weighted Average Number of Shares Outstanding, Basic 33.2M shares +2.69%
Weighted Average Number of Shares Outstanding, Diluted 33.2M shares +1.55%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.92B USD +11.3%
General and Administrative Expense 450M USD +12.6%
Operating Income (Loss) 35.5M USD -31.1%
Nonoperating Income (Expense) -67.5M USD -58.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -32M USD -456%
Income Tax Expense (Benefit) -13.7M USD -1242%
Net Income (Loss) Attributable to Parent -18.3M USD -335%
Earnings Per Share, Basic -0.64 USD/shares -527%
Earnings Per Share, Diluted -0.64 USD/shares -527%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.5M USD +95.7%
Inventory, Net 547M USD +9.9%
Assets, Current 836M USD +10.1%
Property, Plant and Equipment, Net 485M USD +14%
Operating Lease, Right-of-Use Asset 110M USD +1.1%
Goodwill 78.1M USD +10.9%
Other Assets, Noncurrent 20.6M USD +124%
Assets 1.59B USD +7.49%
Accounts Payable, Current 93.8M USD +18.6%
Accrued Liabilities, Current 52.5M USD +1.94%
Liabilities, Current 610M USD +12.8%
Long-term Debt and Lease Obligation 727M USD +16.7%
Deferred Income Tax Liabilities, Net 10.8M USD +68.8%
Operating Lease, Liability, Noncurrent 99.7M USD +2.15%
Other Liabilities, Noncurrent 13.8M USD +12.2%
Liabilities 1.47B USD +13.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2M USD -122%
Retained Earnings (Accumulated Deficit) -106M USD -38%
Stockholders' Equity Attributable to Parent 125M USD -11.5%
Liabilities and Equity 1.59B USD +11.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -11.9M USD +40.8%
Net Cash Provided by (Used in) Financing Activities 4.6M USD -87.9%
Net Cash Provided by (Used in) Investing Activities -18.1M USD +4.23%
Common Stock, Shares Authorized 200M shares 0%
Common Stock, Shares, Issued 33M shares +1.8%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -25.4M USD -2440%
Interest Paid, Excluding Capitalized Interest, Operating Activities 10.6M USD +55.9%
Deferred Tax Assets, Valuation Allowance 8.8M USD 0%
Deferred Tax Assets, Gross 115M USD +80.9%
Operating Lease, Liability 115M USD +2.04%
Payments to Acquire Property, Plant, and Equipment 4.4M USD +41.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -19.4M USD -381%
Lessee, Operating Lease, Liability, to be Paid 179M USD +0.17%
Property, Plant and Equipment, Gross 745M USD +13.5%
Operating Lease, Liability, Current 15.5M USD +1.31%
Lessee, Operating Lease, Liability, to be Paid, Year Two 20.5M USD +0.49%
Lessee, Operating Lease, Liability, to be Paid, Year One 23.6M USD -0.84%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Deferred Income Tax Expense (Benefit) -100K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 64.2M USD -3.02%
Lessee, Operating Lease, Liability, to be Paid, Year Three 19.1M USD +11%
Deferred Tax Assets, Operating Loss Carryforwards 41.3M USD +398%
Preferred Stock, Shares Issued 1.2K shares
Preferred Stock, Shares Authorized 1M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 17.3M USD +8.81%
Operating Lease, Payments 6.6M USD -1.49%
Additional Paid in Capital 241M USD +7.12%
Preferred Stock, Shares Outstanding 1.2K shares
Current State and Local Tax Expense (Benefit) 100K USD
Current Federal Tax Expense (Benefit) 1.9M USD
Amortization of Intangible Assets 9.7M USD +32.9%
Depreciation, Depletion and Amortization 144M USD +18%
Deferred Tax Assets, Net of Valuation Allowance 115M USD +110%
Interest Expense 66.6M USD +49.3%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%