Alta Equipment GroupALTG +4.93%75 Quick Ratio is 0.47 as of Mar. 2026, which is 2% below its 10-year median of 0.48. GuruFocus rates ALTG with a GF Score™ of 75/100 and a GF Value™ of $7.53 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,092 Business Services companies, Alta Equipment Group ranks worse than 93.5% on this metric.
Alta Equipment Group has a quick ratio of 0.47. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Alta Equipment Group's Quick Ratio or its related term are showing as below:
ALTG'
s Quick Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.48 Max: 4.59
Current: 0.47
During the past 9 years, Alta Equipment Group's highest Quick Ratio was 4.59. The lowest was 0.08. And the median was 0.48.
ALTG's Quick Ratio is ranked worse than 93.5% of 1092
companies
in the Business Services industry
Industry Median: 1.67
vs ALTG: 0.47
Alta Equipment Group (NYSE:ALTG) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Alta Equipment Group Quick Ratio Related Terms
Alta Equipment Group Quick Ratio Historical Data
* Premium members only.
The historical data trend for Alta Equipment Group's Quick Ratio 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.
For the Rental & Leasing Services subindustry, Alta Equipment Group's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Alta Equipment Group's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Alta Equipment Group's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Alta Equipment Group's Quick 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 Quick Ratio of 0.47 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Alta Equipment Group and its competitors. This is near median its historical median of 0.48. Over the past decade, Alta Equipment Group's Quick Ratio has ranged from 0.08 to 4.59. According to the industry distribution chart, Alta Equipment Group ranks #1021 out of 1092 companies in the Business Services industry, placing it in the top 93.5%.
Is Alta Equipment Group's Quick Ratio too high?
Alta Equipment Group's current Quick Ratio of 0.47 is near median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 4.59. The Business Services industry median Quick Ratio is 1.67. Alta Equipment Group's value of 0.47 is 71.9% below this industry median. Based on the distribution chart, Alta Equipment Group ranks #1021 out of 1092 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 Quick Ratio compare to DWAY and MWG?
According to the Business Services industry distribution chart, Alta Equipment Group ranks #1021 out of 1092 companies for Quick Ratio. This places Alta Equipment Group in the lower half of its industry. The industry median Quick Ratio is 1.67. Alta Equipment Group's value of 0.47 is 71.9% below this benchmark. Historically, Alta Equipment Group's own Quick Ratio has ranged from 0.08 to 4.59 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 1.67, Alta Equipment Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Business Services company?
The median Quick Ratio among Business Services companies is 1.67, based on 1,092 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alta Equipment Group's current Quick Ratio of 0.47 is 71.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Alta Equipment Group and its competitors. For the Business Services industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alta Equipment Group's current Quick Ratio is 0.47, which is near median its own 10-year median of 0.48. 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 $7.53, compared to a current price of $7.56 — trading 0.3% above its estimated fair value. The current Quick Ratio is 0.47, which is near median its 10-year median of 0.48 and 71.9% below the Business Services industry median of 1.67. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Alta Equipment Group (ALTG), the current Quick Ratio is 0.47 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 overvalued.
The current stock price of $7.56 is trading 0.3% above its estimated GF Value™ of $7.53.
GuruFocus considers Alta Equipment Group to be Fairly Valued.
Key valuation signals for ALTG:
Quick Ratio: 0.47 (near median its 10-year median of 0.48)
GF Value™: $7.53 vs. price of $7.56 (0.3% above fair value)
Industry Position: 71.9% below the Business Services median (#1021 of 1092)
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
Get the complete analysis for ALTG
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ALTG has been successfully added to your 
