For the quarter ending 2025-09-30, ALTG has $1,431M in assets. $1,428.1M in debts. $14.1M in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 14.1 | 13.2 | ||
| Accounts receivable, net of allowances of 11.7 and 10.7 as of september 30, 2025 and december 31, 2024, respectively | 216 | 205.3 | ||
| Inventories, net | 504.6 | 484.5 | ||
| Prepaid expenses and other current assets | 37.2 | 36.1 | ||
| Total current assets | 771.9 | 739.1 | ||
| Total costs | 144.6 | - | ||
| Less accumulated depreciation and amortization property and equipment-Buildings Equipment Autos And Trucks Leasehold Improvements Finance Leases And Office And Computer Equipment | 65.1 | - | ||
| Property and equipment, net | 79.5 | 81.4 | ||
| Rental fleet, net | 341 | 355.1 | ||
| Operating lease right-of-use assets, net | 110.4 | 111.6 | ||
| Goodwill | 77.3 | 78.6 | ||
| Gross carrying amount | 87.1 | - | ||
| Accumulated amortization | 39.5 | - | ||
| Other intangible assets, net | 47.6 | 50.3 | ||
| Other assets | 3.3 | 19.9 | ||
| Total assets | 1,431 | 1,436 | ||
| Floor plan payable-New Equipment | 270.8 | 260.9 | ||
| Floor plan payable-Used And Rental Equipment | 69.4 | 68.7 | ||
| Current portion of long-term debt | 11 | 11.3 | ||
| Accounts payable | 93.2 | 96.3 | ||
| Customer deposits | 13 | 13.1 | ||
| Accrued expenses | 55.3 | 48.4 | ||
| Current operating lease liabilities | 14.8 | 14.9 | ||
| Current deferred revenue | 11.3 | 12.6 | ||
| Other current liabilities | 3.9 | 4.8 | ||
| Total current liabilities | 542.7 | 531 | ||
| Lines of credit, net | 231.7 | 216.2 | ||
| Long-term debt, net of current portion | 483.1 | 481.8 | ||
| Finance lease obligations, net of current portion | 30.8 | 34.6 | ||
| Deferred revenue, net of current portion | 5.1 | 5.1 | ||
| Long-term operating lease liabilities, net of current portion | 102.1 | 102.8 | ||
| Deferred tax liabilities | 22.2 | 10.1 | ||
| Other liabilities | 10.4 | 10.5 | ||
| Total liabilities | 1,428.1 | 1,392.1 | ||
| Additional paid-in capital | 247.6 | 246 | ||
| Treasury stock at cost, 2,733,306 and 1,587,702 shares of common stock held at september 30, 2025 and december 31, 2024, respectively | 18.2 | 18.2 | ||
| Accumulated deficit | -223.9 | -181.6 | ||
| Accumulated other comprehensive loss | -2.6 | -2.3 | ||
| Total stockholders equity | 2.9 | 43.9 | ||
| Total liabilities and stockholders equity | 1,431 | 1,436 | ||
ALTA EQUIPMENT GROUP INC. (ALTG)
ALTA EQUIPMENT GROUP INC. (ALTG)