Cemtrex Net Tangible Assets from 2010 to 2024

CETX Stock  USD 0.11  0.09  45.00%   
Cemtrex Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2024. Net Tangible Assets is the total assets of Cemtrex minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2011-06-30
Previous Quarter
3.6 M
Current Value
3.8 M
Quarterly Volatility
13.4 M
 
Yuan Drop
 
Covid
Check Cemtrex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cemtrex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 614.5 K, Interest Expense of 6 M or Total Revenue of 45.7 M, as well as many indicators such as Price To Sales Ratio of 4.59, Dividend Yield of 2.0E-4 or PTB Ratio of 35.46. Cemtrex financial statements analysis is a perfect complement when working with Cemtrex Valuation or Volatility modules.
  
Check out the analysis of Cemtrex Correlation against competitors.
For more information on how to buy Cemtrex Stock please use our How to Invest in Cemtrex guide.

Latest Cemtrex's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Cemtrex over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Cemtrex's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cemtrex's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Cemtrex Net Tangible Assets Regression Statistics

Arithmetic Mean14,075,821
Geometric Mean8,580,336
Coefficient Of Variation82.54
Mean Deviation9,213,209
Median11,023,524
Standard Deviation11,617,936
Sample Variance135T
Range37.9M
R-Value0.38
Mean Square Error124.2T
R-Squared0.15
Significance0.16
Slope990,192
Total Sum of Squares1889.7T

Cemtrex Net Tangible Assets History

202418.7 M
202311 M
20219.6 M
202014.8 M
201926.5 M
201821.1 M
201732 M

About Cemtrex Financial Statements

Cemtrex investors use historical fundamental indicators, such as Cemtrex's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Cemtrex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets11 M18.7 M

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Additional Tools for Cemtrex Stock Analysis

When running Cemtrex's price analysis, check to measure Cemtrex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cemtrex is operating at the current time. Most of Cemtrex's value examination focuses on studying past and present price action to predict the probability of Cemtrex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cemtrex's price. Additionally, you may evaluate how the addition of Cemtrex to your portfolios can decrease your overall portfolio volatility.