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Alta Equipment Group Stock

Alta Equipment Group ROE 2024

Alta Equipment Group ROE

0.04

Ticker

ALTG

ISIN

US02128L1061

WKN

A2P6XQ

In 2024, Alta Equipment Group's return on equity (ROE) was 0.04, a -12.54% increase from the 0.05 ROE in the previous year.

Alta Equipment Group Aktienanalyse

What does Alta Equipment Group do?

Alta Equipment Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Alta Equipment Group's Return on Equity (ROE)

Alta Equipment Group's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Alta Equipment Group's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Alta Equipment Group's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Alta Equipment Group’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Alta Equipment Group stock

What is the ROE (Return on Equity) of Alta Equipment Group this year?

The ROE of Alta Equipment Group this year is 0.04 undefined.

How has the Return on Equity (ROE) of Alta Equipment Group developed compared to the previous year?

The ROE of Alta Equipment Group has increased by -12.54% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Alta Equipment Group?

A high ROE indicates that Alta Equipment Group generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Alta Equipment Group?

A low ROE can indicate that Alta Equipment Group is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Alta Equipment Group affect the company?

A change in ROE (Return on Equity) of Alta Equipment Group can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Alta Equipment Group?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Alta Equipment Group?

Some factors that can influence Alta Equipment Group's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Alta Equipment Group pay?

Over the past 12 months, Alta Equipment Group paid a dividend of 0.23 USD . This corresponds to a dividend yield of about 2.88 %. For the coming 12 months, Alta Equipment Group is expected to pay a dividend of 0.23 USD.

What is the dividend yield of Alta Equipment Group?

The current dividend yield of Alta Equipment Group is 2.88 %.

When does Alta Equipment Group pay dividends?

Alta Equipment Group pays a quarterly dividend. This is distributed in the months of March, June, September, December.

How secure is the dividend of Alta Equipment Group?

Alta Equipment Group paid dividends every year for the past 0 years.

What is the dividend of Alta Equipment Group?

For the upcoming 12 months, dividends amounting to 0.23 USD are expected. This corresponds to a dividend yield of 2.94 %.

In which sector is Alta Equipment Group located?

Alta Equipment Group is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Alta Equipment Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Alta Equipment Group from 11/29/2024 amounting to 0.057 USD, you needed to have the stock in your portfolio before the ex-date on 11/15/2024.

When did Alta Equipment Group pay the last dividend?

The last dividend was paid out on 11/29/2024.

What was the dividend of Alta Equipment Group in the year 2023?

In the year 2023, Alta Equipment Group distributed 0.114 USD as dividends.

In which currency does Alta Equipment Group pay out the dividend?

The dividends of Alta Equipment Group are distributed in USD.

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Andere Kennzahlen von Alta Equipment Group

Our stock analysis for Alta Equipment Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Alta Equipment Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.