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Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Altex Industries's Total Liabilities for the quarter that ended in Jun. 2026 was $1.38 Mil. Altex Industries's Total Assets for the quarter that ended in Jun. 2026 was $2.67 Mil.
Therefore, Altex Industries's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 was 0.52.
Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.
Altex Industries Liabilities-to-Assets Related Terms
Altex Industries Liabilities-to-Assets Historical Data
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The historical data trend for Altex Industries's Liabilities-to-Assets 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.
ALTX vs CRCE, FECOF, ROYL: Liabilities-to-Assets Comparison
For the Oil & Gas E&P subindustry, Altex Industries's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Altex Industries's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Altex Industries's Liabilities-to-Assets falls into.
Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.
Altex Industries's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2025 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 (ALTX) has a Liabilities-to-Assets of 0.52 as of Jun. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Altex Industries and its competitors.
Is Altex Industries' Liabilities-to-Assets too high?
Altex Industries' current Liabilities-to-Assets is 0.52. Overall, Altex Industries has a GF Score™ of 24/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Altex Industries' Liabilities-to-Assets compare to CRCE and FECOF?
Altex Industries' Liabilities-to-Assets of 0.52 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 Liabilities-to-Assets for an Oil & Gas company?
A good Liabilities-to-Assets depends on the Oil & Gas industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Altex Industries and its competitors. Altex Industries's current Liabilities-to-Assets is 0.52. 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 24.3% below its estimated fair value. The current Liabilities-to-Assets is 0.52. Altex Industries' overall GF Score™ is 24/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Altex Industries (ALTX), the current Liabilities-to-Assets is 0.52 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 24.3% below its estimated GF Value™ of $0.23.
GuruFocus considers Altex Industries to be Modestly Undervalued.
Key valuation signals for ALTX:
Liabilities-to-Assets: 0.52
GF Value™: $0.23 vs. price of $0.17 (24.3% below fair value)
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 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.
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