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Alta Equipment (ALTG-PA) Interest Coverage Ratio (2019 - 2025)

Historic Interest Coverage Ratio for Alta Equipment (ALTG-PA) over the last 7 years, with Q3 2025 value amounting to 0.21.

  • Alta Equipment's Interest Coverage Ratio fell 2878.15% to 0.21 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.23, marking a year-over-year decrease of 4093.9%. This contributed to the annual value of 0.23 for FY2024, which is 7602.83% down from last year.
  • According to the latest figures from Q3 2025, Alta Equipment's Interest Coverage Ratio is 0.21, which was down 2878.15% from 0.56 recorded in Q2 2025.
  • Alta Equipment's 5-year Interest Coverage Ratio high stood at 1.91 for Q2 2022, and its period low was 0.06 during Q1 2024.
  • For the 5-year period, Alta Equipment's Interest Coverage Ratio averaged around 0.72, with its median value being 0.75 (2022).
  • Per our database at Business Quant, Alta Equipment's Interest Coverage Ratio surged by 176000.0% in 2021 and then plummeted by 10554.39% in 2024.
  • Over the past 5 years, Alta Equipment's Interest Coverage Ratio (Quarter) stood at 1.36 in 2021, then plummeted by 32.87% to 0.91 in 2022, then decreased by 17.04% to 0.76 in 2023, then tumbled by 86.46% to 0.1 in 2024, then soared by 108.93% to 0.21 in 2025.
  • Its Interest Coverage Ratio stands at 0.21 for Q3 2025, versus 0.56 for Q2 2025 and 0.04 for Q1 2025.