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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alta Equipment Group's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $-36 Mil. Alta Equipment Group's Total Assets for the quarter that ended in Jun. 2026 was $1,323 Mil.
Therefore, Alta Equipment Group's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was -0.03.
The historical rank and industry rank for Alta Equipment Group's Equity-to-Asset or its related term are showing as below:
ALTG'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.04 Med: 0.1 Max: 1
Current: -0.03
During the past 9 years, the highest Equity to Asset Ratio of Alta Equipment Group was 1.00. The lowest was -0.04. And the median was 0.10.
ALTG's Equity-to-Asset is ranked worse than 95.99% of 1096
companies
in the Business Services industry
Industry Median: 0.52
vs ALTG: -0.03
Alta Equipment Group (NYSE:ALTG) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Alta Equipment Group Equity-to-Asset Related Terms
Alta Equipment Group Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Alta Equipment Group's Equity-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.
ALTG vs AIHS, MWG, DWAY: Equity-to-Asset Comparison
For the Rental & Leasing Services subindustry, Alta Equipment Group's Equity-to-Asset, along with its competitors' market caps and Equity-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 Equity-to-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Alta Equipment Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Alta Equipment Group's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Alta Equipment Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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.
Alta Equipment Group (ALTG) has a Equity-to-Asset of -0.03 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Alta Equipment Group and its competitors. According to the industry distribution chart, Alta Equipment Group ranks #1052 out of 1096 companies in the Business Services industry, placing it in the top 96%.
Is Alta Equipment Group's Equity-to-Asset too high?
Alta Equipment Group's current Equity-to-Asset is -0.03. Based on the distribution chart, Alta Equipment Group ranks #1052 out of 1096 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Alta Equipment Group has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alta Equipment Group's Equity-to-Asset compare to AIHS and MWG?
According to the Business Services industry distribution chart, Alta Equipment Group ranks #1052 out of 1096 companies for Equity-to-Asset. This places Alta Equipment Group in the lower half of its industry. The industry median Equity-to-Asset is 0.52. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Business Services company?
The median Equity-to-Asset among Business Services companies is 0.52, based on 1,096 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Alta Equipment Group and its competitors. For the Business Services industry, the median Equity-to-Asset is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alta Equipment Group's current Equity-to-Asset is -0.03. 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 Fairly Valued. The stock's GF Value™ is $7.19, compared to a current price of $6.59 — trading 8.3% below its estimated fair value. The current Equity-to-Asset is -0.03. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Alta Equipment Group (ALTG), the current Equity-to-Asset is -0.03 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 $6.59 is trading 8.3% below its estimated GF Value™ of $7.19.
GuruFocus considers Alta Equipment Group to be Fairly Valued.
Key valuation signals for ALTG:
Equity-to-Asset: -0.03
GF Value™: $7.19 vs. price of $6.59 (8.3% 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.
75GF Score
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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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