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Alta Equipment Group Inc   (ALTG)
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Alta Equipment Group Inc 's Working Capital Ratio

ALTG's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth




ALTG Working Capital Ratio (Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
(Sep 30 2021)
III. Quarter
Y / Y Current Liabilities Change 27.95 % 58.21 % 7.07 % -3.15 % -21.12 %
Y / Y Current Assets Change 46.98 % 33.54 % 32.36 % 17.56 % 10.83 %
Working Capital Ratio MRQ 1.4 1.06 1.07 1.07 1.22
Overall Ranking # # # # #
Seq. Current Liabilities Change -18.04 % 7.63 % 11.91 % 29.61 % 1.34 %
Seq. Current Assets Change 8.02 % 6.74 % 12.51 % 13.31 % -1.86 %



Working Capital Ratio third quarter 2022 Comment
Alta Equipment Group Inc 's Current Assets grew by 8.02 % in the III. Quarter sequntially, while Current Liabilities decreased, this led to improvement in Alta Equipment Group Inc 's Working Capital Ratio to 1.4, above Alta Equipment Group Inc average Working Capital Ratio.

Within Broadcasting Media & Cable TV industry Alta Equipment Group Inc booked the highest Working Capital Ratio than Alta Equipment Group Inc in the third quarter 2022. While total ranking remained unchanged compare to previous quarter at no. .

Explain Working Capital Ratio
Where is ALTG most successful ?
Working Capital Ratio ALTG on the trailing twelve month basis
Working Capital Ratio third quarter 2022 Company Ranking
Within: No.
Broadcasting Media & Cable TV Industry #
Services Sector #
Overall Market #


Working Capital Ratio Statistics
High Average Low
0 0 0
 




Financial Statements
Alta Equipment Group Inc 's Current Liabilities $ 415 Millions Visit ALTG's Balance sheet
Alta Equipment Group Inc 's Current Assets $ 582 Millions Visit ALTG's Balance sheet
Source of ALTG's Sales Visit ALTG's Sales by Geography


Cumulative Alta Equipment Group Inc 's Working Capital Ratio

ALTG's Working Capital Ratio for the trailling 12 Months

ALTG Working Capital Ratio

(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
(Sep 30 2021)
III. Quarter
Y / Y Current Liabilities TTM Growth 27.95 % 58.21 % 7.07 % -3.15 % -21.12 %
Y / Y Current Assets TTM Growth 46.98 % 33.54 % 32.36 % 17.56 % 10.83 %
Working Capital Ratio TTM 1.14 1.1 1.14 1.08 1.03
Total Ranking TTM # 2578 # 3835 # 3767 # 3948 # 3522
Seq. Current Liabilities TTM Growth -18.04 % 7.63 % 11.91 % 29.61 % 1.34 %
Seq. Current Assets TTM Growth 8.02 % 6.74 % 12.51 % 13.31 % -1.86 %


TTM Working Capital Ratio Comment
On the trailing twelve months basis ALTG Current Assets average soared by 46.98 % in III. Quarter year on year, faster than Current Liabilities, this led to increase in in Alta Equipment Group Inc 's Working Capital Ratio to 1.14, Working Capital Ratio remained below ALTG average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operatig within Broadcasting Media & Cable TV industry 16 other companies have achieved higher Working Capital Ratio than Alta Equipment Group Inc . While overall ranking remained unchanged compare to previous quarter at no. 2578.

Explain Working Capital Ratio
Where is ALTG most successful ?
Working Capital Ratio ALTG on the trailing twelve month basis

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Broadcasting Media & Cable TV Industry # 17
Services Sector # 217
Within the Market # 2578


TTM Working Capital Ratio Statistics
High Average Low
1.14 1.01 0.88
(Sep 30 2022)   (Mar 31 2021)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2022, within Broadcasting Media & Cable TV Industry Working Capital RatioSep 30 2022 MRQ Current AssetsSep 30 2022 MRQ Current Liabilities
Roku Inc   3.36 $ 2,970.944  Millions$ 883.319  Millions
Urban One inc   2.55 $ 287.088  Millions$ 112.634  Millions
Cumulus Media Inc   2.53 $ 356.701  Millions$ 140.950  Millions
Audacy Inc   2.48 $ 386.492  Millions$ 156.082  Millions
Saga Communications inc  2.47 $ 79.189  Millions$ 32.054  Millions
Beasley Broadcast Group Inc   2.38 $ 93.418  Millions$ 39.328  Millions
Liberty Broadband Corporation  2.20 $ 492.000  Millions$ 224.000  Millions
Global Industrial Company  2.06 $ 346.300  Millions$ 168.300  Millions
Mrc Global Inc   2.02 $ 1,169.000  Millions$ 578.000  Millions
Dxp Enterprises Inc   1.93 $ 474.301  Millions$ 245.861  Millions
Iheartmedia Inc   1.90 $ 1,408.577  Millions$ 740.044  Millions
Liberty Global Plc  1.88 $ 5,470.500  Millions$ 2,911.700  Millions
Amc Networks Inc   1.77 $ 1,915.038  Millions$ 1,083.142  Millions
Cable One Inc   1.56 $ 381.575  Millions$ 245.156  Millions
Townsquare Media Inc   1.54 $ 101.372  Millions$ 65.922  Millions
Alta Equipment Group Inc   1.40 $ 581.900  Millions$ 415.200  Millions
Liberty Latin America Ltd   1.33 $ 2,108.600  Millions$ 1,590.800  Millions
Netflix Inc   1.14 $ 8,816.903  Millions$ 7,765.924  Millions
Mediaco Holding Inc   1.04 $ 16.603  Millions$ 15.990  Millions
Warner Bros Discovery Inc   0.98 $ 12,672.000  Millions$ 12,988.000  Millions
Comcast corporation  0.89 $ 23,416.000  Millions$ 26,274.000  Millions
Wideopenwest Inc   0.85 $ 131.100  Millions$ 153.400  Millions
Cinedigm Corp   0.82 $ 45.499  Millions$ 55.551  Millions
Salem Media Group Inc   0.79 $ 46.960  Millions$ 59.808  Millions
Altice Usa Inc   0.63 $ 2,500.399  Millions$ 3,969.506  Millions
Troika Media Group Inc   0.61 $ 72.582  Millions$ 119.000  Millions
Dish Network Corporation  0.50 $ 2,941.863  Millions$ 5,939.922  Millions
Sirius Xm Holdings Inc   0.38 $ 1,032.000  Millions$ 2,751.000  Millions
Charter Communications Inc   0.32 $ 3,754.000  Millions$ 11,595.000  Millions
Cco Holdings Llc  0.32 $ 3,438.000  Millions$ 10,799.000  Millions

Date modified: 2022-11-13T02:32:17+00:00

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