Alta Equipment Group (ALTG)

Net assets on the balance sheet as of September 2024 : HK$0.74 Billion

According to Alta Equipment Group's latest financial reports the company has HK$0.74 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	$HK$1.16 B	7.04%
2022-12-31	$HK$1.09 B	4%
2021-12-31	$HK$1.05 B	-13.65%
2020-12-31	$HK$1.21 B	7.81%
2019-12-31	$HK$1.12 B	-1671237.57%
2018-12-31	$-HK$0.07 Million	15.53%
2017-12-31	$-HK$0.06 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
MSC Industrial Direct MSM	HK$10.88 B	1,364.24%	🇺🇸 USA
Ritchie Bros. Auctioneers RBA	HK$44.28 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 : HK$0.74 Billion