Altex Industries Debt-to-Assets Ratio Growth & History (ALTX)

Altex Industries's debt-to-assets ratio was 0.01 for fiscal 2025.

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Altex Industries annual debt-to-assets ratio history

Altex Industries annual debt-to-assets ratio

Fiscal yearPeriod endedDebt-to-assets ratioChangeGrowth
20252025-09-300.010.00+30.00%
20242024-09-300.01−0.01−62.33%
20232023-09-300.02−0.01−31.59%
20222022-09-300.03−0.02−34.42%
20212021-09-300.05−0.01−15.75%
20202020-09-300.060.06
20192019-09-300.00

Altex Industries debt-to-assets ratio trends

Over the last five fiscal years, Altex Industries's debt-to-assets ratio decreased from 0.06 to 0.01, a change of −0.05. The latest reported quarter, Q3 2026, shows 0.05.

About the metric

What the debt-to-assets ratio means

The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.

Calculation and source

How debt-to-assets is calculated

TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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