Alta Equipment Group (ALTG)

Net assets on the balance sheet as of June 2024 : ₹10.56 Billion

According to Alta Equipment Group's latest financial reports the company has ₹10.56 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	$₹12.46 B	7.73%
2022-12-31	$₹11.56 B	15.39%
2021-12-31	$₹10.02 B	-12.63%
2020-12-31	$₹11.47 B	11.08%
2019-12-31	$₹10.33 B	-1713788.63%
2018-12-31	$-₹0.61 Million	26.23%
2017-12-31	$-₹0.48 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
MSC Industrial Direct MSM	₹118.27 B	1,019.23%	🇺🇸 USA
Ritchie Bros. Auctioneers RBA	₹476.71 B	4,411.10%	🇨🇦 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 June 2024 : ₹10.56 Billion