Altex Industries - Stock

Altex Industries Equity 2024

Altex Industries Equity

1.13 M USD

Altex Industries Dividend yield

Ticker

ALTX

ISIN

US0214541031

WKN

875786

In 2024, Altex Industries's equity was 1.13 M USD, a -14.95% increase from the 1.33 M USD equity in the previous year.

Altex Industries Aktienanalyse

What does Altex Industries do?

Altex Industries Inc is a diversified company operating in various sectors including chemicals, energy, environment, and construction. The company was founded in 1984 and is headquartered in Houston, Texas. Altex Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Altex Industries's Equity

Altex Industries's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Altex Industries's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Altex Industries's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Altex Industries's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Altex Industries’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Altex Industries Stock

What is the equity of Altex Industries this year?

Altex Industries has equity of 1.13 M USD this year.

What was the equity of Altex Industries compared to the previous year?

The equity of Altex Industries has increased/decreased by -14.95% decreased compared to the previous year.

What impact does a high equity have on investors of Altex Industries?

A high equity is advantageous for investors of Altex Industries as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Altex Industries?

A low equity can be a risk for investors of Altex Industries, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Altex Industries affect the company?

An increase in equity of Altex Industries can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Altex Industries affect the company?

A reduction in equity of Altex Industries can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Altex Industries?

Some factors that can affect the equity of Altex Industries include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Altex Industries so important for investors?

The equity of Altex Industries is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Altex Industries take to change the equity?

To change equity, Altex Industries can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Altex Industries pay?

Over the past 12 months, Altex Industries paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Altex Industries is expected to pay a dividend of 0 USD.

What is the dividend yield of Altex Industries?

The current dividend yield of Altex Industries is .

When does Altex Industries pay dividends?

Altex Industries pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Altex Industries?

Altex Industries paid dividends every year for the past 0 years.

What is the dividend of Altex Industries?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Altex Industries located?

Altex Industries is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Altex Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Altex Industries from 6/7/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/7/2024.

When did Altex Industries pay the last dividend?

The last dividend was paid out on 6/7/2024.

What was the dividend of Altex Industries in the year 2023?

In the year 2023, Altex Industries distributed 0 USD as dividends.

In which currency does Altex Industries pay out the dividend?

The dividends of Altex Industries are distributed in USD.

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Andere Kennzahlen von Altex Industries

Our stock analysis for Altex Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Altex Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.