Cemtrex Balance Sheet Health
Financial Health criteria checks 1/6
Cemtrex has a total shareholder equity of $7.3M and total debt of $25.8M, which brings its debt-to-equity ratio to 353.2%. Its total assets and total liabilities are $45.3M and $38.0M respectively.
Key information
353.2%
Debt to equity ratio
US$25.83m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.85m |
| Equity | US$7.32m |
| Total liabilities | US$37.98m |
| Total assets | US$45.30m |
Recent financial health updates
Recent updates
Investors Continue Waiting On Sidelines For Cemtrex, Inc. (NASDAQ:CETX)
Dec 22
Cemtrex, 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) do not cover its short term liabilities ($28.7M).
Long Term Liabilities: CETX's short term assets ($26.4M) exceed its long term liabilities ($9.3M).
Debt to Equity History and Analysis
Debt Level: CETX's net debt to equity ratio (314.2%) is considered high.
Reducing Debt: CETX's debt to equity ratio has increased from 41.8% to 353.2% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CETX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.3% each year