Latest debt-to-equity ratio for Alta Equipment Group: -19.43 — see history and peer comparisons.
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Debt-to-Equity ratio measures a company's financial leverage by comparing its total debt to shareholder equity. A lower D/E ratio generally indicates a more financially stable company with less risk.
Alta Equipment Group (ALTG) currently reports a debt-to-equity ratio of -19.43. That is below the Industrials sector average of 1.29. Use the charts on this page to explore Alta Equipment Group's debt-to-equity ratio history and peer comparisons.
Alta Equipment Group's debt-to-equity ratio of -19.43 is lower than the Industrials sector average of 1.29. That is roughly 1603.6% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The debt-to-equity ratio is a valuation multiple that relates Alta Equipment Group's market price to a fundamental measure such as earnings, sales, or book value. At -19.43, ALTG can look expensive or cheap only in context — versus its own history, growth rate, and Industrials peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current debt-to-equity ratio of -19.43, then check the historical chart for trend and the peer comparison chart for relative positioning. The Industrials average is 1.29. From there, open related valuation or income-statement pages for Alta Equipment Group, and consider following ALTG for alerts when major investors trade the stock.
Alta Equipment Group is classified in the Industrials sector. On debt-to-equity ratio, it currently shows -19.43 versus a sector average near 1.29. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Industrials are usually more informative than comparing ALTG with unrelated industries.