📊 ALTX Key Takeaways
Is Altex Industries Inc. (ALTX) a Good Investment?
Altex Industries is in severe operational distress with nearly non-existent revenue of $7K, massive operating losses (-$93K), and negative cash flow (-$32K). The company is burning through its minimal cash position while generating losses that dwarf revenue, indicating fundamental business failure in its crude petroleum and natural gas operations.
ALTEX Industries shows extremely weak operating fundamentals, with minimal revenue, sharply negative margins, and negative free cash flow, indicating the business is not currently generating a viable earnings base. While the balance sheet is cushioned by high cash and no meaningful leverage, the core issue is poor business quality: the company appears unable to convert its asset base and liquidity into sustainable profitable growth.
Why Buy Altex Industries Inc. Stock? ALTX Key Strengths
- Strong liquidity position with $2.5M cash representing 93% of total assets
- Moderate current and quick ratios of 2.0x indicate short-term payment capability
- Zero long-term debt eliminates refinancing risk
- Strong liquidity position with $2.51M in cash and a 2.00x current ratio
- Debt-free capital structure reduces financial distress risk
- Positive equity base of $1.31M provides some balance sheet support
ALTX Stock Risks: Altex Industries Inc. Investment Risks
- Revenue has collapsed to $7K with 21.7% YoY decline, indicating near-zero business activity
- Operating losses of -$93K against $7K revenue represent -1328.6% operating margin
- Negative operating and free cash flow of -$32K with current cash burn rate unsustainable without business revival
- Net losses of -$30K and negative ROE/ROA demonstrate value destruction
- No insider trading activity in 90 days suggests potential loss of confidence from management
- Revenue base is extremely small at just $7K and declined 21.7% YoY
- Profitability is severely impaired, with operating margin of -1328.6% and net margin of -428.6%
- Negative operating cash flow and free cash flow suggest the business is consuming cash rather than scaling efficiently
Key Metrics to Watch
- Quarterly revenue trend and path to profitability
- Monthly cash burn rate and remaining cash runway
- Operating cash flow sustainability and break-even timeline
- Revenue growth and whether the company can build a meaningful recurring revenue base
- Operating cash flow burn relative to cash reserves
Altex Industries Inc. (ALTX) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Altex Industries Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
ALTX Profit Margin, ROE & Profitability Analysis
ALTX vs Energy Sector: How Altex Industries Inc. Compares
How Altex Industries Inc. compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Altex Industries Inc. Stock Overvalued? ALTX Valuation Analysis 2026
Based on fundamental analysis, Altex Industries Inc. has mixed fundamental signals relative to the Energy sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Altex Industries Inc. Balance Sheet: ALTX Debt, Cash & Liquidity
ALTX Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Altex Industries Inc.'s revenue has declined by 48% over the 5-year period, indicating business contraction.
ALTX Revenue Growth, EPS Growth & YoY Performance
ALTX Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $5.0K | -$30.0K | N/A |
| Q3 2025 | $4.0K | -$12.0K | N/A |
| Q2 2025 | $4.0K | -$30.0K | N/A |
| Q1 2025 | $5.0K | -$16.0K | N/A |
| Q3 2024 | $4.0K | -$18.0K | N/A |
| Q2 2024 | $6.0K | -$21.0K | N/A |
| Q1 2024 | $6.0K | -$16.0K | N/A |
| Q3 2023 | $6.0K | -$18.0K | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Altex Industries Inc. Dividends, Buybacks & Capital Allocation
ALTX SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Altex Industries Inc. (CIK: 0000775057)
📋 Recent SEC Filings
❓ Frequently Asked Questions about ALTX
What is the AI rating for ALTX?
Altex Industries Inc. (ALTX) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 92% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are ALTX's key strengths?
Claude: Strong liquidity position with $2.5M cash representing 93% of total assets. Moderate current and quick ratios of 2.0x indicate short-term payment capability. ChatGPT: Strong liquidity position with $2.51M in cash and a 2.00x current ratio. Debt-free capital structure reduces financial distress risk.
What are the risks of investing in ALTX?
Claude: Revenue has collapsed to $7K with 21.7% YoY decline, indicating near-zero business activity. Operating losses of -$93K against $7K revenue represent -1328.6% operating margin. ChatGPT: Revenue base is extremely small at just $7K and declined 21.7% YoY. Profitability is severely impaired, with operating margin of -1328.6% and net margin of -428.6%.
What is ALTX's revenue and growth?
Altex Industries Inc. reported revenue of $7.0K.
Does ALTX pay dividends?
Altex Industries Inc. does not currently pay dividends.
Where can I find ALTX SEC filings?
Official SEC filings for Altex Industries Inc. (CIK: 0000775057) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is ALTX's EPS?
Altex Industries Inc. has a diluted EPS of $0.00.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is ALTX a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Altex Industries Inc. has a STRONG SELL rating with 92% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is ALTX stock overvalued or undervalued?
Valuation metrics for ALTX: ROE of -2.3% (sector avg: 14%), net margin of -428.6% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy ALTX stock in 2026?
Our dual AI analysis gives Altex Industries Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is ALTX's free cash flow?
Altex Industries Inc.'s operating cash flow is $-32.0K, with capital expenditures of N/A. FCF margin is -457.1%.
How does ALTX compare to other Energy stocks?
Vs Energy sector averages: Net margin -428.6% (avg: 12%), ROE -2.3% (avg: 14%), current ratio 2.00 (avg: 1.3).