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
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.
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.
Average
2.08
Median
2.10
Minimum
1.86
Maximum
2.29
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
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 2.01 | -11.39% |
| 2024 | 2.27 | 18.89% |
| 2023 | 1.91 | -10.85% |
| 2022 | 2.14 | 15.30% |
| 2021 | 1.86 | -4.28% |
| 2020 | 1.94 | -7.34% |
| 2019 | 2.10 | -0.26% |
| 2018 | 2.10 | -3.75% |
| 2017 | 2.18 | -4.76% |
| 2016 | 2.29 | -24.83% |
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.’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),
| Company | Current Ratio | Market cap |
|---|---|---|
| 25.02 | $3.02M | |
| 0.07 | $3.75M | |
| 24.44 | $3.02M | |
| 0.95 | $2.73M | |
| 0.24 | $173.60K | |
| 0.24 | $2.68M | |
| 0.12 | $1.75K | |
| 1.20 | $20.46K | |
| 0.01 | $2.12K | |
| 6.86 | $5.71M |
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