Alta Equipment (ALTG) Asset Writedowns and Impairment (2019 - 2022)
Alta Equipment (ALTG) recorded Asset Writedowns and Impairment of $1.1 million in Q1 2022, up 450.0% from $200,000 a year earlier.
Alta Equipment (ALTG) Asset Writedowns and Impairment (2019 - 2022) Analysis & Trends
On a TTM basis, Alta Equipment's Asset Writedowns and Impairment came in at $1.8 million as of Mar 31, 2022, up 157.1% year-over-year; for FY2021, it came in at $900,000, down 10.0% from FY2020.
- Across earlier years, Asset Writedowns and Impairment came in at $1 million in FY2020 (+25.0%) and $800,000 in FY2019.
- The Q1 2022 figure is the highest quarterly Asset Writedowns and Impairment in data going back to Q1 2019.
- On a year-over-year basis, Asset Writedowns and Impairment rose in two of the last five quarters, with growth averaging 73.0%.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 67.37 Bn | 66.13 Bn | 1.73 Bn |
| 2 | W.W. Grainger | 60.32 Bn | 58.30 Bn | 1.98 Bn |
| 3 | Fastenal | 58.24 Bn | 57.16 Bn | 1.06 Bn |
| 4 | Ferguson Enterprises | 43.34 Bn | 40.56 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 31.62 Bn | 31.50 Bn | 1.25 Bn |
| 6 | Reliance | 20.43 Bn | 19.48 Bn | 1.30 Bn |
| 7 | Wesco International | 18.60 Bn | 15.91 Bn | 1.46 Bn |
| 8 | Applied Industrial Technologies | 12.64 Bn | 12.52 Bn | 411.22 Mn |
| 9 | Watsco | 10.59 Bn | 8.75 Bn | 578.93 Mn |
| 10 | Alta Equipment | 210.62 Mn | 133.12 Mn | 124.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2022 | 1.10 Mn |
| Sep 30, 2021 | 500,000.00 |
| Jun 30, 2021 | 200,000.00 |
| Mar 31, 2021 | 200,000.00 |
| Dec 31, 2020 | -300,000.00 |
| Sep 30, 2020 | 400,000.00 |
| Jun 30, 2020 | 400,000.00 |
| Mar 31, 2020 | 500,000.00 |
| Dec 31, 2019 | 200,000.00 |
| Sep 30, 2019 | -300,000.00 |
| Jun 30, 2019 | 400,000.00 |
| Mar 31, 2019 | 500,000.00 |
Alta Equipment Asset Writedowns and Impairment API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=ALTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "ticker": "ALTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=ALTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();