Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Alta Equipment Group Inc. (ALTG) had Return on Tangible Equity of 28.17% for the most recently reported fiscal quarter, ending 2025-03-31.

Quarterly Annual

Figures for fiscal quarter ending 2025-03-31

Income Statement Financials
Revenue	$423.00M
Net Income	$-21.70M
Cost of Goods Sold	$308.00M
Gross Profit	$115.00M
Operating Expenses	$422.20M
Operating Income	$0.80M
Non-Operating Income/Expense	$-21.00M
Pre-Tax Income	$-20.20M
Normalized Pre-Tax Income	$-20.20M
Income after Taxes	$-20.90M
Income from Continuous Operations	$-20.90M
Consolidated Net Income/Loss	$-20.90M
Normalized Income after Taxes	$-20.90M
EBIT	$0.80M
EBITDA	$34.20M
Weighted-Average Shares Outstanding (Basic)	33.17M
Weighted-Average Shares Outstanding (Diluted)	33.17M
Earnings per Share (EPS) (Basic)	$-0.65
Earnings per Share (EPS) (Diluted)	$-0.65
Balance Sheet Financials
Current Assets	$791.80M
Property, Plant, and Equipment	$447.50M
Long-Term Assets	$712.70M
Total Assets	$1.50B
Current Liabilities	$583.90M
Long-Term Debt	$735.00M
Long-Term Liabilities	$864.60M
Total Liabilities	$1.45B
Common Equity	$56.00M
Tangible Shareholders Equity	$-74.20M
Shareholders Equity	$56.00M
Common Shares Outstanding	33.19M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$-17.50M
Cash Flow from Investing Activities	$-14.30M
Cash Flow from Financial Activities	$29.50M
Beginning Cash	$13.40M
End Cash	$11.10M
Increase/Decrease in Cash	$-2.30M
Stock-Based Compensation	$1.10M
Common Stock Dividends Paid	$-1.90M
Preferred Stock Dividends Paid	$-0.80M
Fundamental Metrics & Ratios
Current Ratio	1.36
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.93
Debt to Equity Ratio	13.32
Gross Margin	27.19%
Operating Margin	0.19%
EBIT Margin	0.19%
EBITDA Margin	--
Pre-Tax Profit Margin	-4.78%
Profit Margin	-5.13%
Free Cash Flow	$-16.70M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.28
Inventory Turnover	0.57
Receiveable Turnover	2.04
Days Sales in Receivables	44.21
Return on Equity	-37.32%
Return on Tangible Equity	28.17%
Return on Assets	-1.39%
Return on Investments	-2.64%
Book Value Per Share	$1.69
Free Cash Flow per Share	$-0.50
Operating Cash Flow per Share	$-0.53

Data from Zacks Investment Research, Inc.