Altex Industries, Inc.

Altex Industries, Inc.verified

ALTX

Price:

$0.34

Market Cap:

$3.81M

Altex Industries, Inc., through its subsidiary, Altex Oil Corporation, owns interests in productive onshore oil and gas properties located in Utah and Wyoming. As of September 30, 2021, it had 1,000 barrels of proved and developed oil reserves. The company was incorporated in 1985 and is based in Denver, Colorado.

Industry

Oil & Gas Exploration & Production

IPO Date

1994-04-08

Stock Exchange

OTC

Ticker

ALTX

The Current Ratio as of December 2025 (TTM) for Altex Industries, Inc. (ALTX) is 2.05

According to Altex Industries, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.05. This represents a change of -3.18% compared to the average of 2.12 of the last 4 quarters.

Altex Industries, Inc. (ALTX) Historical Current Ratio (quarterly & annually)

How has ALTX Current Ratio performed in the past?

The mean historical Current Ratio of Altex Industries, Inc. over the last ten years is 2.08. The current 2.05 Current Ratio has changed 9.77% with respect to the historical average. Over the past ten years (40 quarters), ALTX's Current Ratio was at its highest in in the September 2015 quarter at 3.05. The Current Ratio was at its lowest in in the December 2021 quarter at 1.85.

Quarterly (TTM)
Annual

Average

2.08

Median

2.10

Minimum

1.86

Maximum

2.29

Altex Industries, Inc. (ALTX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Altex Industries, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 18.89%

Maximum Annual Current Ratio = 2.29

Minimum Annual Increase = -24.83%

Minimum Annual Current Ratio = 1.86

Quarterly (TTM)
Annual
YearCurrent RatioChange
20252.01-11.39%
20242.2718.89%
20231.91-10.85%
20222.1415.30%
20211.86-4.28%
20201.94-7.34%
20192.10-0.26%
20182.10-3.75%
20172.18-4.76%
20162.29-24.83%

Altex Industries, Inc. (ALTX) Average Current Ratio

How has ALTX Current Ratio performed in the past?

The current Current Ratio of Altex Industries, Inc. (ALTX) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

2.06

5-year avg

2.04

10-year avg

2.08

Altex Industries, Inc. (ALTX) Current Ratio vs. Peers

How is ALTX’s Current Ratio compared to its peers?

Altex Industries, Inc.’s Current Ratio is less than Harvest Oil & Gas Corp. (25.02), greater than Altura Energy Corp. (0.07), less than Metalore Resources Limited (24.44), greater than TomCo Energy Plc (0.95), greater than Icon Energy Limited (0.24), greater than WesCan Energy Corp. (0.24), greater than Columbine Valley Resources, Inc. (0.12), greater than SDX Energy plc (1.20), greater than Gordon Creek Energy Inc. (0.01), less than McChip Resources Inc. (6.86),

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