Cemtrex Pref Preferred Stock Total Debt
| CETXPDelisted Preferred Stock | USD 0.85 0.09 11.84% |
Cemtrex Pref fundamentals help investors to digest information that contributes to Cemtrex Pref's financial success or failures. It also enables traders to predict the movement of Cemtrex Preferred Stock. The fundamental analysis module provides a way to measure Cemtrex Pref's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cemtrex Pref preferred stock.
Cemtrex |
Cemtrex Pref Company Total Debt Analysis
Cemtrex Pref's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Cemtrex Pref Total Debt | 2.37 M |
Most of Cemtrex Pref's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cemtrex Pref is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
CompetitionBased on the latest financial disclosure, Cemtrex Pref has a Total Debt of 2.37 M. This is 99.85% lower than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The total debt for all United States preferred stocks is 99.96% higher than that of the company.
Cemtrex Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cemtrex Pref's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Cemtrex Pref could also be used in its relative valuation, which is a method of valuing Cemtrex Pref by comparing valuation metrics of similar companies.Cemtrex Pref is currently under evaluation in total debt category among its peers.
Cemtrex Fundamentals
| Return On Equity | -0.7 | ||||
| Return On Asset | -0.16 | ||||
| Profit Margin | (0.26) % | ||||
| Operating Margin | (0.26) % | ||||
| Current Valuation | 45.36 M | ||||
| Shares Outstanding | 1.49 M | ||||
| Shares Owned By Insiders | 0.41 % | ||||
| Number Of Shares Shorted | 1.22 K | ||||
| Price To Earning | 17.36 X | ||||
| Price To Sales | 0.05 X | ||||
| Revenue | 50.27 M | ||||
| Gross Profit | 19.06 M | ||||
| EBITDA | (8.91 M) | ||||
| Net Income | (13.29 K) | ||||
| Cash And Equivalents | 11.72 M | ||||
| Cash Per Share | 0.44 X | ||||
| Total Debt | 2.37 M | ||||
| Debt To Equity | 1.25 % | ||||
| Current Ratio | 1.21 X | ||||
| Book Value Per Share | 18.48 X | ||||
| Cash Flow From Operations | (16.09 K) | ||||
| Short Ratio | 0.02 X | ||||
| Earnings Per Share | (0.82) X | ||||
| Number Of Employees | 385 | ||||
| Beta | 2.16 | ||||
| Market Capitalization | 3.65 M | ||||
| Total Asset | 45.76 M | ||||
| Z Score | 1.6 | ||||
| Net Asset | 45.76 M |
About Cemtrex Pref Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cemtrex Pref's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cemtrex Pref using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cemtrex Pref based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Cemtrex Pref
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cemtrex Pref position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cemtrex Pref will appreciate offsetting losses from the drop in the long position's value.Moving together with Cemtrex Preferred Stock
Moving against Cemtrex Preferred Stock
| 0.89 | VRNS | Varonis Systems Earnings Call This Week | PairCorr |
| 0.79 | S | SentinelOne | PairCorr |
| 0.72 | DOCN | DigitalOcean Holdings Tech Boost | PairCorr |
| 0.65 | MQ | Marqeta | PairCorr |
| 0.62 | DTSS | Datasea | PairCorr |
The ability to find closely correlated positions to Cemtrex Pref could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cemtrex Pref when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cemtrex Pref - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cemtrex Pref to buy it.
The correlation of Cemtrex Pref is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cemtrex Pref moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cemtrex Pref moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cemtrex Pref can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in Cemtrex Preferred Stock
If you are still planning to invest in Cemtrex Pref check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Cemtrex Pref's history and understand the potential risks before investing.
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