Is ALTA EQUIPMENT GROUP INC. (ALTG-PA) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| DJIM | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| MSCI | 81.0% / 33% | 0.9% / 33% | 13.5% / 33% | 0.19% / 5% | ✗ NOT HALAL |
| S&P | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| FTSE | 81.0% / 33% | 0.9% / 33% | 13.5% / 50% | 0.19% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 25.9% | |
| Operating Margin | 1.0% | |
| Net Margin | -4.4% | |
| Return on Equity (ROE) | -233.4% | |
| Return on Assets (ROA) | 1.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $33M |
| Free Cash Flow | -$18M |
| Total Debt | $1.2B |
| Current Ratio | 1.4 |
| Total Assets | $1.3B |
Price & Trading
| Last Close | $24.89 |
| 50-Day MA | $25.15 |
| 200-Day MA | $25.28 |
| Avg Volume | 3K |
| Beta | 1.5 |
|
52-Week Range
$23.05
| |
About ALTA EQUIPMENT GROUP INC. (ALTG-PA)
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States and Canada. It operates through three segments: Material Handling, Construction Equipment, and Master Distribution. The company sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and other material handling equipment, heavy and compact earthmoving equipment, crushing and screening equipment, environmental processing equipment, cranes and aerial work platforms, paving and asphalt equipment, and other construction equipment and related products. It also sells new and used equipment; and sells and distributes replacement parts. In addition, the company offers repair and maintenance services for its equipment; designs and builds services related to automated equipment installation and warehouse management systems integration solutions; and sell new heavy construction, material handling, and environmental processing equipment, as well as tangential products and services. Further, it rents heavy construction, compact, aerial, material handling, and various other types of equipment; and sells rental equipment from its rental fleet; and offers maintenance and repair services. It serves food and beverage, diversified manufacturing, automotive, municipal/government, education, pharmaceutical and medical, wholesale and retail distribution, construction, agriculture and forestry, road building, aggregate and mining, utilities and power generation, and recycling and waste management, and other sectors. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan.
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Frequently Asked Questions
Is ALTA EQUIPMENT GROUP INC. (ALTG-PA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ALTA EQUIPMENT GROUP INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is ALTA EQUIPMENT GROUP INC.'s debt ratio?
ALTA EQUIPMENT GROUP INC.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 81.0%.
What are ALTA EQUIPMENT GROUP INC.'s key financial metrics?
ALTA EQUIPMENT GROUP INC. has a market capitalization of N/A, and revenue of $1.8B. The company maintains a gross margin of 25.9% and a net margin of -4.4%. Return on equity stands at -233.4%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.