Alta Equipment Group (ALTG)

Net assets on the balance sheet as of September 2024 : A$0.15 Billion

According to Alta Equipment Group's latest financial reports the company has A$0.15 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Alta Equipment Group - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.21 B	6.96%
2022-12-31	$A$0.20 B	10.57%
2021-12-31	$A$0.18 B	-8.94%
2020-12-31	$A$0.20 B	-1.38%
2019-12-31	$A$0.20 B	-1690821.77%
2018-12-31	$-A$0.02 Million	27.74%
2017-12-31	$-A$0.01 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
MSC Industrial Direct MSM	A$2.25 B	1,364.24%	🇺🇸 USA
Ritchie Bros. Auctioneers RBA	A$9.16 B	5,857.89%	🇨🇦 Canada

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Alta Equipment Group (ALTG) - Net assets

Net assets on the balance sheet as of September 2024 : A$0.15 Billion