Alta Equipment Group annual debt-to-equity ratio
2020
2021
2022
2023
2024
Alta Equipment Group Debt-to-Equity Ratio Growth & History (ALTG)
Alta Equipment Group's debt-to-equity ratio was 10.62 for fiscal 2024.
View full Alta Equipment Group company overviewAlta Equipment Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 10.62 | 5.40 | +103.24% |
| 2023 | 2023-12-31 | 5.23 | 0.47 | +9.89% |
| 2022 | 2022-12-31 | 4.76 | 0.86 | +22.14% |
| 2021 | 2021-12-31 | 3.89 | 2.85 | +273.51% |
| 2020 | 2020-12-31 | 1.04 | — | — |
Alta Equipment Group quarterly debt-to-equity ratio
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2025 | 2025-09-30 | 301.21 | 292.46 | +3343.91% |
| Q2 2025 | 2025-06-30 | 19.63 | 12.82 | +188.44% |
| Q1 2025 | 2025-03-31 | 15.44 | 9.61 | +164.87% |
| Q4 2024 | 2024-12-31 | 10.62 | 5.40 | +103.24% |
| Q3 2024 | 2024-09-30 | 8.75 | 3.60 | +70.03% |
| Q2 2024 | 2024-06-30 | 6.80 | 1.56 | +29.77% |
| Q1 2024 | 2024-03-31 | 5.83 | 0.72 | +14.17% |
| Q4 2023 | 2023-12-31 | 5.23 | 0.47 | +9.89% |
| Q3 2023 | 2023-09-30 | 5.14 | 0.94 | +22.40% |
| Q2 2023 | 2023-06-30 | 5.24 | 2.18 | +71.09% |
| Q1 2023 | 2023-03-31 | 5.10 | 1.89 | +58.87% |
| Q4 2022 | 2022-12-31 | 4.76 | 0.86 | +22.14% |
| Q3 2022 | 2022-09-30 | 4.20 | 1.90 | +82.55% |
| Q2 2022 | 2022-06-30 | 3.06 | 0.77 | +33.70% |
| Q1 2022 | 2022-03-31 | 3.21 | 2.26 | +237.54% |
| Q4 2021 | 2021-12-31 | 3.89 | 2.85 | +273.51% |
| Q3 2021 | 2021-09-30 | 2.30 | 1.01 | +78.78% |
| Q2 2021 | 2021-06-30 | 2.29 | 0.98 | +74.74% |
| Q1 2021 | 2021-03-31 | 0.95 | −0.18 | −15.92% |
| Q4 2020 | 2020-12-31 | 1.04 | — | — |
| Q3 2020 | 2020-09-30 | 1.29 | — | — |
| Q2 2020 | 2020-06-30 | 1.31 | — | — |
| Q1 2020 | 2020-03-31 | 1.13 | — | — |
Alta Equipment Group debt-to-equity ratio trends
Between the periods ended 2020-12-31 and 2024-12-31, Alta Equipment Group's debt-to-equity ratio increased from 1.04 to 10.62, a change of 9.58. The latest reported quarter, Q3 2025, shows 301.21.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Alta Equipment Group source filings ↗