ALTG (Alta Equipment Group) Debt-to-Asset : 0.89 (As of Jun. 2026)

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ALTG Alta Equipment Group Inc ALTG
75 GF Score
Price $6.12
GF Value $7.21
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Alta Equipment Group Debt-to-Asset?

Alta Equipment Group ALTG +0.33% 75 Debt-to-Asset is 0.89 as of Jun. 2026. GuruFocus rates ALTG with a GF Score™ of 75/100 and a GF Value™ of $7.21 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Alta Equipment Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $365 Mil. Alta Equipment Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $814 Mil. Alta Equipment Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $1,323 Mil. Alta Equipment Group's debt to asset for the quarter that ended in Jun. 2026 was 0.89.


Alta Equipment Group  (NYSE:ALTG) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Alta Equipment Group Debt-to-Asset Related Terms


Alta Equipment Group Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Alta Equipment Group's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alta Equipment Group Debt-to-Asset Chart

Alta Equipment Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.69 0.71 0.75 0.81 0.87

Alta Equipment Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.83 0.85 0.87 0.88 0.89

ALTG vs VAI, BDST, MWG: Debt-to-Asset Comparison

For the Industrial Distribution subindustry, Alta Equipment Group's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alta Equipment Group Debt-to-Asset vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Alta Equipment Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Alta Equipment Group's Debt-to-Asset falls into.


ALTG
75GF Score
Alta Equipment Group Inc ALTG
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Alta Equipment Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Alta Equipment Group's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Alta Equipment Group's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.89 mean?
Alta Equipment Group (ALTG) has a Debt-to-Asset of 0.89 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Alta Equipment Group and its competitors.
Is Alta Equipment Group's Debt-to-Asset too high?
Alta Equipment Group's current Debt-to-Asset is 0.89. Overall, Alta Equipment Group has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alta Equipment Group's Debt-to-Asset compare to VAI and BDST?
Alta Equipment Group's Debt-to-Asset of 0.89 can be compared against companies in the Industrial Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Industrial Distribution company?
A good Debt-to-Asset depends on the Industrial Distribution industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Alta Equipment Group and its competitors. Alta Equipment Group's current Debt-to-Asset is 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alta Equipment Group stock overvalued right now?
Based on GuruFocus' analysis, Alta Equipment Group (ALTG) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.21, compared to a current price of $6.12 — trading 15.1% below its estimated fair value. The current Debt-to-Asset is 0.89. Alta Equipment Group's overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Alta Equipment Group (ALTG), the current Debt-to-Asset is 0.89 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alta Equipment Group (ALTG) Overvalued in 2026?

Based on GuruFocus' analysis, Alta Equipment Group stock appears to be undervalued. The current stock price of $6.12 is trading 15.1% below its estimated GF Value™ of $7.21. GuruFocus considers Alta Equipment Group to be Modestly Undervalued.

Key valuation signals for ALTG:

  • Debt-to-Asset: 0.89
  • GF Value™: $7.21 vs. price of $6.12 (15.1% below fair value)
  • GF Score™: 75/100 with 7 warning signs

No single metric tells the full story. See the ALTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alta Equipment Group Business Description

Other Exchanges ALTGpA.PFD:USA
Address 13211 Merriman Road, Livonia, MI, USA, 48150
Alta Equipment Group Inc is an integrated equipment dealership platform in the U.S. Its segments are Material Handling, Construction Equipment, and Master Distribution. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks in Michigan, Illinois, Indiana, New York, Virginia, and throughout the New England states whereas, the Construction Equipment segment is principally engaged in operations related to the sale, service, and rental of construction equipment in Michigan, Indiana, Illinois, Ohio, Pennsylvania, New York, Florida and throughout the New England States, and The Master Distribution segment is engaged in environmental processing equipment distribution with sub dealers throughout the United States and Canada.
75GF Score

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Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.12
Price
$7.21
GF Value