ALTG (Alta Equipment Group) LT-Debt-to-Total-Asset: 0.61 (As of Mar. 2026)

What is Alta Equipment Group LT-Debt-to-Total-Asset?

Alta Equipment Group ALTG -8.53% 75 LT-Debt-to-Total-Asset is 0.61 as of Mar. 2026. GuruFocus rates ALTG with a GF Score™ of 75/100 and a GF Value™ of $7.53 (Modestly Undervalued). The stock has 8 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Alta Equipment Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.61.

Alta Equipment Group's long-term debt to total assets ratio increased from Mar. 2025 (0.56) to Mar. 2026 (0.61). It may suggest that Alta Equipment Group is progressively becoming more dependent on debt to grow their business.

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

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Alta Equipment Group LT-Debt-to-Total-Asset Related Terms

Alta Equipment Group LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Alta Equipment Group's LT-Debt-to-Total-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 LT-Debt-to-Total-Asset Chart

Alta Equipment Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

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0.52

0.50

0.48

0.54

0.62

Alta Equipment Group Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.56	0.58	0.59	0.62	0.61

75GF Score

Alta Equipment Group Inc ALTG

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Alta Equipment Group LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	824.1	/	1336.3
	=	0.62

Alta Equipment Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	814	/	1334.6
	=	0.61

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.61 mean?

Alta Equipment Group (ALTG) has a LT-Debt-to-Total-Asset of 0.61 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Alta Equipment Group and its competitors.

Is Alta Equipment Group's LT-Debt-to-Total-Asset too high?

Alta Equipment Group's current LT-Debt-to-Total-Asset is 0.61. 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 LT-Debt-to-Total-Asset compare to MWG and AIHS?

Alta Equipment Group's LT-Debt-to-Total-Asset of 0.61 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for a Business Services company?

A good LT-Debt-to-Total-Asset depends on the Business Services industry context. However, LT-Debt-to-Total-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 LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Alta Equipment Group and its competitors. Alta Equipment Group's current LT-Debt-to-Total-Asset is 0.61. 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 $7.53, compared to a current price of $6.76 — trading 10.2% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.61. Alta Equipment Group's overall GF Score™ is 75/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Alta Equipment Group (ALTG), the current LT-Debt-to-Total-Asset is 0.61 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 $6.76 is trading 10.2% below its estimated GF Value™ of $7.53. GuruFocus considers Alta Equipment Group to be Modestly Undervalued.

Key valuation signals for ALTG:

LT-Debt-to-Total-Asset: 0.61
GF Value™: $7.53 vs. price of $6.76 (10.2% below fair value)
GF Score™: 75/100 with 8 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

Industry Industrials Business Services

Comparable Companies MWG AIHS AITX BDST DWAY ZCAR HTZ URI SUNB AER UHAL XPAR:AYV R BSP:RENT3 TSX:EFN TSE:8439 HKSE:02588 GATX CAR WSC

Other Exchanges ALTGpA.PFD:USA

Address 13211 Merriman Road, Livonia, MI, USA, 48150

Website https://www.altaequipment.com

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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$6.76

Price

$7.53

GF Value

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