Alta Equipment (ALTG) Short term Debt (2019 - 2026)
Alta Equipment's Short term Debt was $10.9 million in Q2 2026, down 3.5% from $11.3 million a year earlier and down 1.8% from the prior quarter.
Analysis
Alta Equipment (ALTG) Short term Debt (2019 - 2026) Analysis & Trends
At the end of FY2025, Short term Debt at Alta Equipment came in at $11 million, up 4.8% from FY2024.
- Short term Debt has now increased for four consecutive years, though with a five-year compound annual growth rate of -41.3% (FY2020 to FY2025).
- In earlier years, Short term Debt was $10.5 million in FY2024 (+36.4%), $7.7 million in FY2023 (+83.3%), $4.2 million in FY2022 (+61.5%) and $2.6 million in FY2021 (-98.4%).
- The Q2 2026 figure marks the lowest quarterly Short term Debt since Q4 2024.
- Compared with a year earlier, Short term Debt was higher in six of the last eight quarters, with growth averaging 18.8%.
- The best year-over-year quarter for Short term Debt over five years was Q2 2022 (growth of 294.9%); the worst was Q4 2021 (a decline of 98.4%).
- Per Business Quant data, ALTG's Short term Debt in the three quarters before Q2 2026 was $11.1 million (Q1 2026), $11 million (Q4 2025) and $11 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn |
| 10 | Alta Equipment | 188.48 Mn | 110.98 Mn | 124.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.90 Mn |
| Mar 31, 2026 | 11.10 Mn |
| Dec 31, 2025 | 11.00 Mn |
| Sep 30, 2025 | 11.00 Mn |
| Jun 30, 2025 | 11.30 Mn |
| Mar 31, 2025 | 11.20 Mn |
| Dec 31, 2024 | 10.50 Mn |
| Sep 30, 2024 | 10.10 Mn |
| Jun 30, 2024 | 9.40 Mn |
| Mar 31, 2024 | 8.50 Mn |
| Dec 31, 2023 | 7.70 Mn |
| Sep 30, 2023 | 6.60 Mn |
| Jun 30, 2023 | 5.50 Mn |
| Mar 31, 2023 | 4.70 Mn |
| Dec 31, 2022 | 4.20 Mn |
| Sep 30, 2022 | 3.60 Mn |
| Jun 30, 2022 | 123.60 Mn |
| Mar 31, 2022 | 113.90 Mn |
| Dec 31, 2021 | 2.60 Mn |
| Sep 30, 2021 | 45.40 Mn |
API Access
Alta Equipment Short term Debt 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=short-term-debt&ticker=ALTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-debt", "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=short-term-debt&ticker=ALTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();