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
Financial Position Analysis
Short Term Liabilities: CETX.P's short term assets ($26.4M) exceed its short term liabilities ($14.0M).
Long Term Liabilities: CETX.P's short term assets ($26.4M) do not cover its long term liabilities ($29.5M).
Debt to Equity History and Analysis
Debt Level: CETX.P's net debt to equity ratio (3911%) is considered high.
Reducing Debt: CETX.P'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.P has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CETX.P has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 3% each year.