ALTX (Altex Industries) Accumulated Depreciation : $-0.29 Mil (As of Sep. 2024)

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What is Altex Industries Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Altex Industries's quarterly accumulated depreciation increased from Mar. 2024 ($-0.30 Mil) to Jun. 2024 ($-0.30 Mil) but then stayed the same from Jun. 2024 ($-0.30 Mil) to Sep. 2024 ($-0.29 Mil).

Altex Industries's annual accumulated depreciation increased from Sep. 2022 ($-0.29 Mil) to Sep. 2023 ($-0.30 Mil) but then stayed the same from Sep. 2023 ($-0.30 Mil) to Sep. 2024 ($-0.29 Mil).

Altex Industries Accumulated Depreciation Historical Data

The historical data trend for Altex Industries's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Altex Industries Accumulated Depreciation Chart

Altex Industries Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Accumulated Depreciation

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-0.28

-0.29

-0.30

-0.29

Altex Industries Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accumulated Depreciation	Get a 7-Day Free Trial															-0.30	-0.30	-0.30	-0.30	-0.29

Altex Industries Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Altex Industries Accumulated Depreciation Related Terms

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Altex Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Altex Industries Inc (OTCPK:ALTX) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

700 Colorado Boulevard, Suite 273, Denver, CO, USA, 80206-4084

Website

https://www.altexinc.com

Altex Industries Inc is a USA-based holding company. Through its wholly-owned subsidiary, it owns interests in productive onshore oil and gas properties, has bought and sold producing oil and gas properties, and has participated in the drilling of exploratory and development wells, and completion of existing wells in Utah and Wyoming. The Company's revenue is from sales of oil and gas production, interest income, and, occasionally, bonus payments for mineral leases.

Executives

Jeffrey S Chernow	director	PO BOX 1057, BRECKENRIDGE CO 80424
Stephen Fante	director	PO BOX 1057, BRECKENRIDGE CO 80424

Altex Industries Headlines

From GuruFocus

Altex Industries Stock Is Estimated To Be Significantly Overvalued

By GF Value • 06-17-2021