Cemtrex Other Current Assets from 2010 to 2024

CETX Stock  USD 0.11  0.09  45.00%   
Cemtrex Other Current Assets yearly trend continues to be fairly stable with very little volatility. Other Current Assets will likely drop to about 2 M in 2024. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2007-09-30
Previous Quarter
M
Current Value
2.7 M
Quarterly Volatility
1.6 M
 
Housing Crash
 
Credit Downgrade
 
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 Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Cemtrex over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Cemtrex's Other Current 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.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Cemtrex Other Current Assets Regression Statistics

Arithmetic Mean2,376,422
Geometric Mean1,212,285
Coefficient Of Variation85.22
Mean Deviation1,543,808
Median1,986,919
Standard Deviation2,025,098
Sample Variance4.1T
Range6.9M
R-Value0.66
Mean Square Error2.5T
R-Squared0.44
Significance0.01
Slope299,009
Total Sum of Squares57.4T

Cemtrex Other Current Assets History

2024M
20233.2 M
20222.8 M
2021M
20205.8 M
20192.8 M
20181.5 M

About Cemtrex Financial Statements

Cemtrex investors use historical fundamental indicators, such as Cemtrex's Other Current 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
Other Current Assets3.2 MM

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.