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
Financial Position Analysis
Short Term Liabilities: CETX.P's short term assets ($26.4M) do not cover its short term liabilities ($28.7M).
Long Term Liabilities: CETX.P's short term assets ($26.4M) exceed its long term liabilities ($9.3M).
Debt to Equity History and Analysis
Debt Level: CETX.P's net debt to equity ratio (314.2%) is considered high.
Reducing Debt: CETX.P'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.P has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CETX.P has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.3% each year