Cemtrex Balance Sheet Health
Financial Health criteria checks 3/6
Cemtrex has a total shareholder equity of $352.9K and total debt of $20.3M, which brings its debt-to-equity ratio to 5747.7%. Its total assets and total liabilities are $43.8M and $43.5M respectively.
Key information
5,747.7%
Debt to equity ratio
US$20.28m
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.48m |
| Equity | US$352.92k |
| Total liabilities | US$43.47m |
| Total assets | US$43.83m |
Recent financial health updates
Recent updates
Cemtrex, Inc. (NASDAQ:CETX) Might Not Be As Mispriced As It Looks After Plunging 62%
Nov 26
Positive Sentiment Still Eludes Cemtrex, Inc. (NASDAQ:CETX) Following 41% Share Price Slump
Oct 03Market Cool On Cemtrex, Inc.'s (NASDAQ:CETX) Revenues Pushing Shares 41% Lower
Oct 03Investors Continue Waiting On Sidelines For Cemtrex, Inc. (NASDAQ:CETX)
Dec 22Cemtrex, Inc.'s (NASDAQ:CETX) Shares Leap 28% Yet They're Still Not Telling The Full Story
Apr 17Cemtrex GAAP EPS of -$0.03, revenue of $13.6M
Aug 15Is Cemtrex (NASDAQ:CETX) A Risky Investment?
Oct 07Cemtrex beats on revenue
Jun 01Cemtrex beats on revenue
Jan 05Is Cemtrex (NASDAQ:CETX) A Risky Investment?
Dec 10
Financial Position Analysis
Short Term Liabilities: CETX's short term assets ($26.4M) exceed its short term liabilities ($14.0M).
Long Term Liabilities: CETX's short term assets ($26.4M) do not cover its long term liabilities ($29.5M).
Debt to Equity History and Analysis
Debt Level: CETX's net debt to equity ratio (3911%) is considered high.
Reducing Debt: CETX's debt to equity ratio has increased from 74.4% to 5747.7% 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: CETX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CETX has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 3% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 02:27 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cemtrex, Inc. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Kinstlinger | Alliance Global Partners |
| Ishan Majumdar | Baptista Research |
| John Nobile | Taglich Brothers, Inc. |