CSIMarket
 


Alta Equipment Group Inc   (ALTG)
Other Ticker:  
 


Alta Equipment Group Inc 's ROA from the third quarter of 2023 to the third quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Alta Equipment Group Inc 's ROA in the third quarter of 2023?
Alta Equipment Group Inc achieved a return on average assets (ROA) of 0.72 % in its third quarter of 2023, this is above ALTG's average return on assets of -1.57%.
Alta Equipment Group Inc assets over the 12 months ending in its third quarter of 2023 are valued at $1,395 million

ROA has improved compared to 0.6% in the second quarter of 2023, due to net income growth.

However, within the Services sector 299 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Sep 30 2023 quarter, so far to 2359, from total ROA ranking in the second quarter of 2023 at 2538.

What is ROA?


Return On Assets (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Total Assets Change 29.56 % 33.53 % 33.59 % 31.35 % 45.11 %
Y / Y Net Income Change 45.1 % -60.66 % - - 2450 %
Net Income (TTM) in million 10 8 12 9 9
Return On Assets (TTM) 0.72 % 0.6 % 0.94 % 0.82 % 0.88 %
ALTG's Total Ranking # 2359 # 2538 # 2487 # 2845 # 2662
Total Assets (TTM) in million 1,480 1,430 1,377 1,291 1,143
Seq. Total Assets Change 3.51 % 3.88 % 6.68 % 12.95 % 6.68 %
Seq. Net Income Change 208.33 % 140 % - - -16.39 %



Return On Assets Company Ranking
Within: No.
Industry # 25
Sector # 300
Overall # 2353

Return On Assets Statistics
High Average Low
0.94 %
-1.57 %
-6.1 %
(Mar 31 2023)   (Mar 31 2020)





Financial Statements
Alta Equipment Group Inc 's Assets $ 1,480 million ALTG's Balance sheet
Alta Equipment Group Inc 's Income $ 7 million Quarterly ALTG's Income Statement
ALTG's Income by Division See ALTG's Income by Division



Annual Return On Assets (Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019

FY
Y / Y Total Assets Change 31.35 % 31.68 % 408.2 % - -
Total Assets in million 1,291 983 746 147 0
Y / Y Net Income Change - - - - -
Net Income in million 9 -21 -24 0 0
Return On Assets 0.72 % -2.12 % -3.22 % 0.01 % -




Comment on ALTG's ROA in the fiscal year ending 2022
In the fiscal year 2022 ROA improved to 0.72 % compared to prior year, due to annual net income growth of % to $9.30 million, while value of Alta Equipment Group Inc 's overall assets grew just by 31.35 % to $1,290.60 million, compared to $1,290.60 a year before.


More Return On Assets Ratios
ALTG's' Return on Assets at Yahoo Finance
Broadcasting Media & Cable TV Industry Return On Assets Trends and Statistics
Services Sector Roa Statistics
Roa Trends for overall market
ALTG's Roa Ratio versus Broadcasting Media & Cable TV Industry, Services Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for ALTG's Competitors
Roa for Alta Equipment Group Inc 's Suppliers
Return On Assets for ALTG's Customers

You may also want to know
ALTG's Roi ALTG's Inventory Turnover Ratio ALTG's Growth Rates ALTG's Dividend Comparisons
ALTG's Profitability Ratios ALTG's Asset Turnover Ratio ALTG's Dividend Growth
ALTG's Roe ALTG's Valuation Ratios ALTG's Financial Strength Ratios ALTG's Dividend Payout Ratio



Companies with similar Return On Assets at Sep 30 2023, within Services Sector ROA
First Watch Restaurant Group Inc   1.94 %
Sinclair inc   1.94 %
Global Payments Inc  1.92 %
Playa Hotels and Resorts N v   1.90 %
Casella Waste Systems Inc   1.83 %
Armada Hoffler Properties Inc   1.83 %
Techtarget Inc   1.81 %
Carriage Services Inc   1.79 %
Rb Global Inc  1.73 %
Troika Media Group Inc   1.72 %
Walt Disney Co  1.66 %
Xenia Hotels and Resorts Inc   1.60 %
One Group Hospitality Inc   1.54 %
Bj s Restaurants Inc   1.49 %
Portillos Inc   1.47 %
Jones Lang Lasalle Incorporated  1.46 %
Urban Edge Properties  1.45 %
Mgm Resorts International  1.41 %
Urban One inc   1.38 %
Echostar Corporation  1.37 %
Xponential Fitness Inc   1.36 %
Piedmont Office Realty Trust Inc   1.34 %
Paysign Inc   1.34 %
Universal Technical Institute Inc  1.32 %
Ziff Davis Inc   1.31 %
European Wax Center Inc   1.30 %
Aircastle Limited  1.24 %
Cass Information Systems Inc   1.24 %
Gannett Co Inc   1.19 %
Exp World Holdings inc   1.18 %


Date modified: 2023-11-10T00:42:34+00:00


Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com