Altex Financial Statements From 2010 to 2024
| ALTX Stock | USD 0.30 0.06 25.00% |
Check Altex Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Altex Industries' main balance sheet or income statement drivers, such as , as well as many indicators such as . Altex financial statements analysis is a perfect complement when working with Altex Industries Valuation or Volatility modules.
Altex |
Altex Industries Company Current Valuation Analysis
Altex Industries' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Altex Industries Current Valuation | (1.33 M) |
Most of Altex Industries' fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Altex Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Altex Industries has a Current Valuation of (1.33 Million). This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and 100.01% lower than that of the Energy industry. The current valuation for all United States stocks is 100.01% higher than that of the company.
Altex Industries Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Altex Industries's current stock value. Our valuation model uses many indicators to compare Altex Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Altex Industries competition to find correlations between indicators driving Altex Industries's intrinsic value. More Info.Altex Industries is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Altex Industries by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Altex Industries' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Altex Industries Financial Statements
Altex Industries investors use historical fundamental indicators, such as Altex Industries' revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Altex Industries. Please read more on our technical analysis and fundamental analysis pages.
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 was incorporated in 1985 and is based in Denver, Colorado. Altex Industries operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Altex Pink Sheet Analysis
When running Altex Industries' price analysis, check to measure Altex Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altex Industries is operating at the current time. Most of Altex Industries' value examination focuses on studying past and present price action to predict the probability of Altex Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altex Industries' price. Additionally, you may evaluate how the addition of Altex Industries to your portfolios can decrease your overall portfolio volatility.