Altex Industries Inc
Altex Industries, Inc., through its subsidiary, Altex Oil Corporation, owns interests in productive onshore oil and gas properties located in Utah and Wyoming. The company also engages in drilling of exploratory and development wells and recompletions of existing wells business. Altex Industries, Inc. was incorporated in 1985 and is based in Denver, Colorado.
Altex Industries Inc (ALTX) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2025: -0.024x
Based on the latest financial reports, Altex Industries Inc (ALTX) has a cash flow conversion efficiency ratio of -0.024x as of December 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-32.00K) by net assets ($1.31 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Altex Industries Inc - Cash Flow Conversion Efficiency Trend (1996–2025)
This chart illustrates how Altex Industries Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Altex Industries Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Altex Industries Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Williamson Magor & Company Limited
NSE:WILLAMAGOR
|
-0.196x |
|
Daewoong Pharmaceutical Co. Ltd.
KQ:069620
|
N/A |
|
GRENERGY RENOVALBL.EO-15
MU:5GR
|
N/A |
|
Choheung Corp.
KQ:002600
|
N/A |
|
Wool Industry Tria Alfa S.A.
AT:AAAK
|
N/A |
|
Qiiwi Games AB (publ)
ST:QIIWI
|
-0.078x |
|
VNUE Inc
PINK:VNUE
|
0.010x |
|
CF INDUSTRIES HLDG
MU:C4F
|
0.120x |
Annual Cash Flow Conversion Efficiency for Altex Industries Inc (1996–2025)
The table below shows the annual cash flow conversion efficiency of Altex Industries Inc from 1996 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-09-30 | $1.34 Million | $-99.00K | -0.074x | -46.22% |
| 2024-09-30 | $1.55 Million | $-78.00K | -0.050x | +1.53% |
| 2023-09-30 | $1.13 Million | $-58.00K | -0.051x | +47.13% |
| 2022-09-30 | $1.33 Million | $-129.00K | -0.097x | -16.08% |
| 2021-09-30 | $1.02 Million | $-85.00K | -0.083x | +22.78% |
| 2020-09-30 | $1.12 Million | $-121.00K | -0.108x | -2809.79% |
| 2019-09-30 | $1.25 Million | $5.00K | 0.004x | +109.42% |
| 2018-09-30 | $1.30 Million | $-55.00K | -0.042x | +47.37% |
| 2017-09-30 | $1.39 Million | $-112.00K | -0.081x | -5.36% |
| 2016-09-30 | $1.53 Million | $-117.00K | -0.076x | -62.69% |
| 2015-09-30 | $1.92 Million | $-90.00K | -0.047x | -86.90% |
| 2014-09-30 | $2.27 Million | $-57.00K | -0.025x | -8.99% |
| 2013-09-30 | $2.60 Million | $-60.00K | -0.023x | +64.61% |
| 2012-09-30 | $2.88 Million | $-188.00K | -0.065x | +13.68% |
| 2011-09-30 | $3.22 Million | $-243.00K | -0.075x | +12.75% |
| 2010-09-30 | $3.56 Million | $-308.00K | -0.087x | -7.57% |
| 2009-09-30 | $3.93 Million | $-316.00K | -0.080x | -52.17% |
| 2008-09-30 | $4.26 Million | $-225.00K | -0.053x | +53.06% |
| 2007-09-30 | $4.64 Million | $-522.00K | -0.113x | -1399.69% |
| 2006-09-30 | $4.85 Million | $42.00K | 0.009x | -88.81% |
| 2005-09-30 | $2.36 Million | $183.00K | 0.077x | +377.15% |
| 2004-09-30 | $2.22 Million | $36.00K | 0.016x | +322.36% |
| 2003-09-30 | $2.19 Million | $-16.00K | -0.007x | +87.92% |
| 2002-09-30 | $2.22 Million | $-134.00K | -0.060x | -231.09% |
| 2001-09-30 | $2.45 Million | $113.00K | 0.046x | -22.56% |
| 2000-09-30 | $1.88 Million | $112.00K | 0.060x | +256.39% |
| 1999-09-30 | $1.79 Million | $-68.00K | -0.038x | -192.28% |
| 1998-09-30 | $1.94 Million | $80.00K | 0.041x | -18.23% |
| 1997-09-30 | $1.96 Million | $99.00K | 0.050x | -57.90% |
| 1996-09-30 | $1.54 Million | $184.00K | 0.120x | -- |