Alta Equipment (ALTG) Interest Coverage Ratio (2019 - 2026)
Alta Equipment (ALTG) posted quarterly Interest Coverage Ratio of 0.1 for Q1 2026, down 374.23% year-over-year from 0.04 in Q1 2025, and down 142.0% quarter-over-quarter from 0.24 in Q4 2025.
Alta Equipment (ALTG) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
Alta Equipment's Interest Coverage Ratio history runs 8 years deep, the most recent figure standing at 0.1 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 374.23% year-over-year to 0.1; the TTM figure through Mar 2026 stood at 0.29 (up 25.93% YoY), while the FY2025 annual figure was 0.26, up 14.71% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 0.1, down from 0.24 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 1.91 in Q2 2022, with the low at 0.1 in Q1 2026.
- The 5-year median for Interest Coverage Ratio is 0.54 (2024), against an average of 0.6.
- The sharpest annual moves came in 2022 and 2026: Interest Coverage Ratio surged 774.75% in 2022, then tumbled 374.23% in 2026.
- Alta Equipment's Interest Coverage Ratio stood at 0.91 in 2022, then decreased by 17.04% to 0.76 in 2023, then plunged by 86.46% to 0.1 in 2024, then jumped by 132.57% to 0.24 in 2025, then slumped by 142.0% to 0.1 in 2026.
- Business Quant data shows ALTG's Interest Coverage Ratio at 0.1 in Q1 2026, 0.24 in Q4 2025, and 0.08 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 33.87 Bn | 33.85 Bn | 978.00 Mn | 3.53 |
| 2 | AerCap Holdings | 23.31 Bn | 23.31 Bn | 2.02 Bn | 1.38 |
| 3 | U-Haul Holding | 14.41 Bn | 14.41 Bn | - | - |
| 4 | Ryder System | 9.95 Bn | 9.95 Bn | 1.45 Bn | -17.64 |
| 5 | Gatx | 6.34 Bn | 6.34 Bn | 555.30 Mn | 150.67 |
| 6 | Herc Holdings | 5.72 Bn | 5.68 Bn | 713.00 Mn | 10.88 |
| 7 | Avis Budget | 4.98 Bn | 4.42 Bn | - | 1.68 |
| 8 | WillScot Holdings | 4.15 Bn | 4.13 Bn | 306.26 Mn | 2.20 |
| 9 | Mcgrath Rentcorp | 2.96 Bn | 2.96 Bn | 107.91 Mn | 7.49 |
| 10 | Alta Equipment | 249.50 Mn | 228.60 Mn | 124.20 Mn | 0.07 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.07 |
| Mar 31, 2026 | -0.10 |
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.08 |
| Jun 30, 2025 | 0.07 |
| Mar 31, 2025 | 0.04 |
| Dec 31, 2024 | 0.10 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.54 |
| Mar 31, 2024 | -0.06 |
| Dec 31, 2023 | 0.76 |
| Sep 30, 2023 | 0.91 |
| Jun 30, 2023 | 1.18 |
| Mar 31, 2023 | 1.01 |
| Dec 31, 2022 | 0.91 |
| Sep 30, 2022 | 1.61 |
| Jun 30, 2022 | 1.91 |
| Mar 31, 2022 | 0.75 |
| Dec 31, 2021 | 0.57 |
| Sep 30, 2021 | 0.98 |