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) - Total Liabilities
Latest total liabilities as of December 2025: $1.39 Million USD
Based on the latest financial reports, Altex Industries Inc (ALTX) has total liabilities worth $1.39 Million USD as of December 2025.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Altex Industries Inc - Total Liabilities Trend (1996–2025)
This chart illustrates how Altex Industries Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Altex Industries Inc Competitors by Total Liabilities
The table below lists competitors of Altex Industries Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
ARK Resources Bhd
KLSE:7007
|
Malaysia | RM66.64 Million |
|
Qlucore AB (publ)
ST:NOVKAN
|
USA | Skr1.67 Million |
|
KBC GR - Dusseldorf Stock Exchang
DU:KDB
|
Germany | €329.96 Billion |
|
CORNING INC - Dusseldorf Stock Exchang
DU:GLW
|
Germany | €16.86 Billion |
|
Wool Industry Tria Alfa S.A.
AT:AAAK
|
Greece | €2.68 Million |
|
ACTEOS S.A
PA:EOS
|
France | €10.12 Million |
|
J-Star Holding Co., Ltd. Ordinary Shares
NASDAQ:YMAT
|
USA | $11.38 Million |
|
VNUE Inc
PINK:VNUE
|
USA | $7.80 Million |
Liability Composition Analysis (1996–2025)
This chart breaks down Altex Industries Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.00 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.06 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.51 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Altex Industries Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Altex Industries Inc (1996–2025)
The table below shows the annual total liabilities of Altex Industries Inc from 1996 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-09-30 | $1.40 Million | +18.90% |
| 2024-09-30 | $1.18 Million | -1.83% |
| 2023-09-30 | $1.20 Million | +3.62% |
| 2022-09-30 | $1.16 Million | -1.78% |
| 2021-09-30 | $1.18 Million | -2.40% |
| 2020-09-30 | $1.21 Million | +10.91% |
| 2019-09-30 | $1.09 Million | 0.00% |
| 2018-09-30 | $1.09 Million | +0.65% |
| 2017-09-30 | $1.08 Million | -0.28% |
| 2016-09-30 | $1.09 Million | +26.10% |
| 2015-09-30 | $862.00K | +37.48% |
| 2014-09-30 | $627.00K | +56.36% |
| 2013-09-30 | $401.00K | +93.72% |
| 2012-09-30 | $207.00K | +56.82% |
| 2011-09-30 | $132.00K | +127.59% |
| 2010-09-30 | $58.00K | +5.45% |
| 2009-09-30 | $55.00K | -8.33% |
| 2008-09-30 | $60.00K | +39.53% |
| 2007-09-30 | $43.00K | -88.56% |
| 2006-09-30 | $376.00K | +157.53% |
| 2005-09-30 | $146.00K | +28.07% |
| 2004-09-30 | $114.00K | +0.88% |
| 2003-09-30 | $113.00K | +43.04% |
| 2002-09-30 | $79.00K | -53.53% |
| 2001-09-30 | $170.00K | +60.38% |
| 2000-09-30 | $106.00K | +27.71% |
| 1999-09-30 | $83.00K | -11.70% |
| 1998-09-30 | $94.00K | -5.05% |
| 1997-09-30 | $99.00K | -48.44% |
| 1996-09-30 | $192.00K | -- |