Cemtrex Balance Sheet Health
Financial Health criteria checks 1/6
Cemtrex has a total shareholder equity of $8.8M and total debt of $19.4M, which brings its debt-to-equity ratio to 220.9%. Its total assets and total liabilities are $40.9M and $32.1M respectively.
Key information
220.9%
Debt to equity ratio
US$19.43m
Debt
Interest coverage ratio | n/a |
Cash | US$5.78m |
Equity | US$8.80m |
Total liabilities | US$32.11m |
Total assets | US$40.91m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C42's short term assets ($26.4M) do not cover its short term liabilities ($26.9M).
Long Term Liabilities: C42's short term assets ($26.4M) exceed its long term liabilities ($5.2M).
Debt to Equity History and Analysis
Debt Level: C42's net debt to equity ratio (155.2%) is considered high.
Reducing Debt: C42's debt to equity ratio has increased from 42.4% to 220.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: C42 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: C42 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.5% each year