ALTX (Altex Industries) Debt-to-Asset : 0.05 (As of Jun. 2026)

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ALTX Altex Industries Inc ALTX
20 GF Score
Price $0.17
GF Value $0.23
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Altex Industries Debt-to-Asset?

Altex Industries ALTX 20 Debt-to-Asset is 0.05 as of Jun. 2026. GuruFocus rates ALTX with a GF Score™ of 20/100 and a GF Value™ of $0.23 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Altex Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $0.00 Mil. Altex Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $0.00 Mil. Altex Industries's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $2.67 Mil. Altex Industries's debt to asset for the quarter that ended in Jun. 2026 was 0.00.

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

Altex Industries Debt-to-Asset Historical Data

* Premium members only.

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.

Altex Industries Debt-to-Asset Chart

Altex Industries Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.03 0.02 0.01 0.06

Altex Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.06 0.06 0.05 0.05 0.05

ALTX vs CRCE, FECOF, ROYL: Debt-to-Asset Comparison

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 Debt-to-Asset vs 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.


ALTX
20GF Score
Altex Industries Inc ALTX
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 0) / 2.745
=0.00

Altex Industries's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 0) / 2.67
=0.00

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.05 mean?
Altex Industries (ALTX) has a Debt-to-Asset of 0.05 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Altex Industries and its competitors.
Is Altex Industries' Debt-to-Asset too high?
Altex Industries' current Debt-to-Asset is 0.05. Overall, Altex Industries has a GF Score™ of 20/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Altex Industries' Debt-to-Asset compare to CRCE and FECOF?
Altex Industries' Debt-to-Asset of 0.05 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Oil & Gas company?
A good Debt-to-Asset depends on the Oil & Gas industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Altex Industries and its competitors. Altex Industries's current Debt-to-Asset is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altex Industries stock overvalued right now?
Based on GuruFocus' analysis, Altex Industries (ALTX) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.23, compared to a current price of $0.17 — trading 26.1% below its estimated fair value. The current Debt-to-Asset is 0.05. Altex Industries' overall GF Score™ is 20/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Altex Industries (ALTX), the current Debt-to-Asset is 0.05 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Altex Industries (ALTX) Overvalued in 2026?

Based on GuruFocus' analysis, Altex Industries stock appears to be undervalued. The current stock price of $0.17 is trading 26.1% below its estimated GF Value™ of $0.23. GuruFocus considers Altex Industries to be Modestly Undervalued.

Key valuation signals for ALTX:

  • Debt-to-Asset: 0.05
  • GF Value™: $0.23 vs. price of $0.17 (26.1% below fair value)
  • GF Score™: 20/100 with 4 warning signs

No single metric tells the full story. See the ALTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Altex Industries Business Description

Industry EnergyOil & Gas
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 the 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.
20GF Score

Get the complete analysis for ALTX

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.17
Price
$0.23
GF Value