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A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Alta Equipment Group's Debt-to-Equity or its related term are showing as below:
ALTG'
s Debt-to-Equity Range Over the Past 10 Years
Min: -132.21 Med: 5.48 Max: 418.52
Current: -41.47
During the past 9 years, the highest Debt-to-Equity Ratio of Alta Equipment Group was 418.52. The lowest was -132.21. And the median was 5.48.
ALTG's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.33
vs ALTG: -41.47
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Alta Equipment Group Debt-to-Equity Related Terms
Alta Equipment Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Alta Equipment Group's Debt-to-Equity 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.
ALTG vs AIHS, MWG, DWAY: Debt-to-Equity Comparison
For the Rental & Leasing Services subindustry, Alta Equipment Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Alta Equipment Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Alta Equipment Group's Debt-to-Equity falls into.
* 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 (ALTG) has a Debt-to-Equity of -41.47 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Alta Equipment Group and its competitors. According to the industry distribution chart, Alta Equipment Group ranks #999999 out of 958 companies in the Business Services industry.
Is Alta Equipment Group's Debt-to-Equity too high?
Alta Equipment Group's current Debt-to-Equity is -41.47. Based on the distribution chart, Alta Equipment Group ranks #999999 out of 958 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Alta Equipment Group has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alta Equipment Group's Debt-to-Equity compare to AIHS and MWG?
According to the Business Services industry distribution chart, Alta Equipment Group ranks #999999 out of 958 companies for Debt-to-Equity. This places Alta Equipment Group in the lower half of its industry. The industry median Debt-to-Equity is 0.33. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Business Services company?
The median Debt-to-Equity among Business Services companies is 0.33, based on 958 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Alta Equipment Group and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alta Equipment Group's current Debt-to-Equity is -41.47. 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 $7.57, compared to a current price of $6.07 — trading 19.8% below its estimated fair value. The current Debt-to-Equity is -41.47. Alta Equipment Group's overall GF Score™ is 74/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Alta Equipment Group (ALTG), the current Debt-to-Equity is -41.47 as of Mar. 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 $6.07 is trading 19.8% below its estimated GF Value™ of $7.57.
GuruFocus considers Alta Equipment Group to be Modestly Undervalued.
Key valuation signals for ALTG:
Debt-to-Equity: -41.47
GF Value™: $7.57 vs. price of $6.07 (19.8% below fair value)
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 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.
74GF Score
Get the complete analysis for ALTG
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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