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ALTX (Altex Industries) Debt-to-Asset : 0.01 (As of Sep. 2024)


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What is Altex Industries Debt-to-Asset?

Altex Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.02 Mil. Altex Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Altex Industries's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $2.73 Mil. Altex Industries's debt to asset for the quarter that ended in Sep. 2024 was 0.01.


Altex Industries Debt-to-Asset Historical Data

The historical data trend for Altex Industries's Debt-to-Asset 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.

* Premium members only.

Altex Industries Debt-to-Asset Chart

Altex Industries Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.04 0.03 0.02 0.01

Altex Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.01 0.01

Competitive Comparison of Altex Industries's Debt-to-Asset

For the Oil & Gas E&P subindustry, Altex Industries's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Altex Industries's Debt-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Altex Industries's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Altex Industries's Debt-to-Asset falls into.



Altex Industries Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Altex Industries's Debt-to-Asset for the fiscal year that ended in Sep. 2024 is calculated as

Altex Industries's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

* 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.


Altex Industries  (OTCPK:ALTX) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Altex Industries Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Altex Industries's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Altex Industries Business Description

Traded in Other Exchanges
N/A
Address
700 Colorado Boulevard, Suite 273, Denver, CO, USA, 80206-4084
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

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