ALTX (Altex Industries) Effective Interest Rate on Debt %: 0.00% (As of Mar. 2026)

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ALTX Altex Industries Inc ALTX
21 GF Score
Price $0.20
GF Value $0.10
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Altex Industries Effective Interest Rate on Debt %?

Altex Industries ALTX 21 Effective Interest Rate on Debt % is 0.00% as of Mar. 2026. GuruFocus rates ALTX with a GF Score™ of 21/100 and a GF Value™ of $0.10 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Altex Industries's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $0.00 Mil. Altex Industries's average total debt for the quarter that ended in Mar. 2026 was $0.14 Mil. Therefore, Altex Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 0.00%.


Altex Industries  (OTCPK:ALTX) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Altex Industries Effective Interest Rate on Debt % Related Terms


Altex Industries Effective Interest Rate on Debt % Historical Data

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The historical data trend for Altex Industries's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

Altex Industries Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Altex Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % 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 0.00 0.00 0.00 0.00 0.00

ALTX vs CRCE, FECOF, ROYL: Effective Interest Rate on Debt % Comparison

For the Oil & Gas E&P subindustry, Altex Industries's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Altex Industries's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Altex Industries's Effective Interest Rate on Debt % falls into.


ALTX
21GF Score
Altex Industries Inc ALTX
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Altex Industries Effective Interest Rate on Debt % Calculation

Altex Industries's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2024 )+Total Debt  (A: Sep. 2025 ))/ count )
=-1  *  0/( (0.021+0.153)/ 2 )
=-1  *  0/0.087
=0.00 %

where

Total Debt  (A: Sep. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.127 + 0.026
=0.153

Altex Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  0/( (0.147+0.14)/ 2 )
=-1  *  0/0.1435
=0.00 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.12 + 0.027
=0.147

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.113 + 0.027
=0.14

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 0.00% mean?
Altex Industries (ALTX) has a Effective Interest Rate on Debt % of 0.00% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Altex Industries and its competitors.
Is Altex Industries' Effective Interest Rate on Debt % too high?
Altex Industries' current Effective Interest Rate on Debt % is 0.00%. Overall, Altex Industries has a GF Score™ of 21/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altex Industries' Effective Interest Rate on Debt % compare to CRCE and FECOF?
Altex Industries' Effective Interest Rate on Debt % of 0.00% 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 Effective Interest Rate on Debt % for an Oil & Gas company?
A good Effective Interest Rate on Debt % depends on the Oil & Gas industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Altex Industries and its competitors. Altex Industries's current Effective Interest Rate on Debt % is 0.00%. 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 Significantly Overvalued. The stock's GF Value™ is $0.10, compared to a current price of $0.20 — trading 100% above its estimated fair value. The current Effective Interest Rate on Debt % is 0.00%. Altex Industries' overall GF Score™ is 21/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Altex Industries (ALTX), the current Effective Interest Rate on Debt % is 0.00% as of Mar. 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 overvalued. The current stock price of $0.20 is trading 100% above its estimated GF Value™ of $0.10. GuruFocus considers Altex Industries to be Significantly Overvalued.

Key valuation signals for ALTX:

  • Effective Interest Rate on Debt %: 0.00%
  • GF Value™: $0.10 vs. price of $0.20 (100% above fair value)
  • GF Score™: 21/100 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.
21GF Score

Get the complete analysis for ALTX

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.20
Price
$0.10
GF Value