Cemtrex Net Debt vs Property Plant And Equipment Net Analysis

CETX Stock

USD 0.11 0.09 45.00%

Cemtrex financial indicator trend analysis is way more than just evaluating Cemtrex prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cemtrex is a good investment. Please check the relationship between Cemtrex Net Debt and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cemtrex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Cemtrex Stock please use our How to Invest in Cemtrex guide.

Net Debt vs Property Plant And Equipment Net

Net Debt vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cemtrex Net Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very week relationship.

The correlation between Cemtrex's Net Debt and Property Plant And Equipment Net is 0.2. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Cemtrex, assuming nothing else is changed. The correlation between historical values of Cemtrex's Net Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Cemtrex are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Debt i.e., Cemtrex's Net Debt and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.2

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Most indicators from Cemtrex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cemtrex current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cemtrex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Cemtrex Stock please use our How to Invest in Cemtrex guide.At this time, Cemtrex's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 760.1 K in 2024, whereas Selling General Administrative is likely to drop slightly above 18.1 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	3.9M	5.0M	5.7M	6.0M
Depreciation And Amortization	1.8M	1.0M	1.2M	614.5K

Interest Expense Depreciation And Amortization

Cemtrex fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.46	0.85	0.74	0.86	0.88	0.69	0.1	-0.26	0.88	0.64	0.94	0.4	0.64	0.83	-0.76	0.24	0.79	0.85	0.63	0.56	0.79	0.82	0.97	0.18	-0.66
Short Long Term Debt Total	0.46		0.23	0.77	0.11	0.36	0.16	0.85	-0.51	0.64	0.21	0.38	0.04	0.21	0.76	-0.35	0.8	0.7	0.49	0.13	0.6	0.85	0.66	0.49	0.67	-0.72
Other Current Liab	0.85	0.23		0.61	0.81	0.75	0.73	-0.11	-0.23	0.69	0.61	0.84	0.34	0.6	0.66	-0.65	0.22	0.54	0.56	0.68	0.51	0.61	0.73	0.8	-0.05	-0.51
Total Current Liabilities	0.74	0.77	0.61		0.43	0.61	0.6	0.52	-0.64	0.75	0.42	0.67	0.06	0.4	0.88	-0.65	0.67	0.58	0.67	0.64	0.81	0.97	0.94	0.74	0.73	-0.8
Total Stockholder Equity	0.86	0.11	0.81	0.43		0.83	0.6	-0.22	0.05	0.64	0.58	0.85	0.47	0.58	0.63	-0.64	-0.06	0.51	0.68	0.44	0.32	0.48	0.6	0.8	-0.18	-0.43
Property Plant And Equipment Net	0.88	0.36	0.75	0.61	0.83		0.55	0.2	0.04	0.87	0.24	0.94	0.21	0.24	0.81	-0.76	0.04	0.64	0.82	0.4	0.29	0.64	0.76	0.77	0.03	-0.65
Current Deferred Revenue	0.69	0.16	0.73	0.6	0.6	0.55		-0.17	-0.34	0.55	0.61	0.65	0.32	0.6	0.47	-0.8	0.12	0.39	0.48	0.67	0.51	0.56	0.6	0.67	0.12	-0.59
Net Debt	0.1	0.85	-0.11	0.52	-0.22	0.2	-0.17		-0.26	0.44	-0.33	0.11	-0.3	-0.33	0.57	-0.14	0.65	0.37	0.28	-0.2	0.27	0.57	0.43	0.08	0.61	-0.57
Retained Earnings	-0.26	-0.51	-0.23	-0.64	0.05	0.04	-0.34	-0.26		-0.13	-0.43	-0.22	-0.15	-0.43	-0.3	0.16	-0.8	-0.24	0.01	-0.57	-0.92	-0.59	-0.53	-0.28	-0.72	0.41
Accounts Payable	0.88	0.64	0.69	0.75	0.64	0.87	0.55	0.44	-0.13		0.35	0.83	0.16	0.34	0.89	-0.78	0.31	0.82	0.89	0.39	0.39	0.8	0.78	0.86	0.25	-0.79
Cash	0.64	0.21	0.61	0.42	0.58	0.24	0.61	-0.33	-0.43	0.35		0.45	0.63	1.0	0.32	-0.37	0.24	0.55	0.37	0.62	0.57	0.48	0.39	0.74	0.08	-0.23
Non Current Assets Total	0.94	0.38	0.84	0.67	0.85	0.94	0.65	0.11	-0.22	0.83	0.45		0.41	0.45	0.78	-0.76	0.19	0.7	0.72	0.54	0.52	0.71	0.81	0.83	0.08	-0.67
Non Currrent Assets Other	0.4	0.04	0.34	0.06	0.47	0.21	0.32	-0.3	-0.15	0.16	0.63	0.41		0.65	0.08	-0.15	-0.02	0.46	0.08	0.19	0.27	0.19	0.06	0.36	-0.2	-0.05
Cash And Short Term Investments	0.64	0.21	0.6	0.4	0.58	0.24	0.6	-0.33	-0.43	0.34	1.0	0.45	0.65		0.31	-0.36	0.23	0.56	0.36	0.6	0.57	0.47	0.37	0.73	0.07	-0.23
Net Receivables	0.83	0.76	0.66	0.88	0.63	0.81	0.47	0.57	-0.3	0.89	0.32	0.78	0.08	0.31		-0.67	0.52	0.68	0.82	0.39	0.58	0.91	0.9	0.8	0.47	-0.82
Common Stock Total Equity	-0.76	-0.35	-0.65	-0.65	-0.64	-0.76	-0.8	-0.14	0.16	-0.78	-0.37	-0.76	-0.15	-0.36	-0.67		-0.14	-0.49	-0.68	-0.43	-0.4	-0.63	-0.68	-0.7	-0.18	0.85
Common Stock Shares Outstanding	0.24	0.8	0.22	0.67	-0.06	0.04	0.12	0.65	-0.8	0.31	0.24	0.19	-0.02	0.23	0.52	-0.14		0.35	0.08	0.24	0.79	0.68	0.58	0.26	0.67	-0.57
Non Current Liabilities Total	0.79	0.7	0.54	0.58	0.51	0.64	0.39	0.37	-0.24	0.82	0.55	0.7	0.46	0.56	0.68	-0.49	0.35		0.7	0.33	0.42	0.74	0.59	0.79	0.18	-0.54
Inventory	0.85	0.49	0.56	0.67	0.68	0.82	0.48	0.28	0.01	0.89	0.37	0.72	0.08	0.36	0.82	-0.68	0.08	0.7		0.42	0.27	0.71	0.71	0.87	0.29	-0.58
Other Current Assets	0.63	0.13	0.68	0.64	0.44	0.4	0.67	-0.2	-0.57	0.39	0.62	0.54	0.19	0.6	0.39	-0.43	0.24	0.33	0.42		0.66	0.56	0.67	0.65	0.37	-0.26
Other Stockholder Equity	0.56	0.6	0.51	0.81	0.32	0.29	0.51	0.27	-0.92	0.39	0.57	0.52	0.27	0.57	0.58	-0.4	0.79	0.42	0.27	0.66		0.78	0.77	0.55	0.67	-0.6
Total Liab	0.79	0.85	0.61	0.97	0.48	0.64	0.56	0.57	-0.59	0.8	0.48	0.71	0.19	0.47	0.91	-0.63	0.68	0.74	0.71	0.56	0.78		0.92	0.79	0.65	-0.8
Property Plant And Equipment Gross	0.82	0.66	0.73	0.94	0.6	0.76	0.6	0.43	-0.53	0.78	0.39	0.81	0.06	0.37	0.9	-0.68	0.58	0.59	0.71	0.67	0.77	0.92		0.78	0.54	-0.77
Total Current Assets	0.97	0.49	0.8	0.74	0.8	0.77	0.67	0.08	-0.28	0.86	0.74	0.83	0.36	0.73	0.8	-0.7	0.26	0.79	0.87	0.65	0.55	0.79	0.78		0.24	-0.61
Short Term Debt	0.18	0.67	-0.05	0.73	-0.18	0.03	0.12	0.61	-0.72	0.25	0.08	0.08	-0.2	0.07	0.47	-0.18	0.67	0.18	0.29	0.37	0.67	0.65	0.54	0.24		-0.46
Common Stock	-0.66	-0.72	-0.51	-0.8	-0.43	-0.65	-0.59	-0.57	0.41	-0.79	-0.23	-0.67	-0.05	-0.23	-0.82	0.85	-0.57	-0.54	-0.58	-0.26	-0.6	-0.8	-0.77	-0.61	-0.46

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Cemtrex Account Relationship Matchups

Cemtrex fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	63.8M	52.9M	45.8M	48.5M	55.7M	32.7M
Short Long Term Debt Total	15.2M	9.3M	5.0M	26.7M	30.8M	32.3M
Other Current Liab	9.1M	14.1M	4.7M	5.4M	6.2M	4.6M
Total Current Liabilities	14.8M	19.7M	25.5M	27.3M	31.4M	33.0M
Total Stockholder Equity	30.9M	22.6M	13.9M	7.7M	8.8M	12.6M
Property Plant And Equipment Net	12.3M	9.7M	8.7M	11.5M	13.2M	9.1M
Current Deferred Revenue	1.7M	2.1M	2.1M	35.8K	41.2K	39.1K
Net Debt	(4.3M)	(6.2M)	(5.6M)	21.4M	24.6M	25.9M
Retained Earnings	(33.2M)	(41.9M)	(54.9M)	(64.1M)	(57.7M)	(54.8M)
Accounts Payable	4.8M	4.2M	3.1M	6.3M	7.2M	3.7M
Cash	19.5M	15.4M	10.6M	5.3M	6.1M	4.7M
Non Current Assets Total	25.7M	18.2M	15.5M	19.2M	22.0M	13.1M
Non Currrent Assets Other	9.1M	112.9K	1.2M	369.6K	425.0K	403.7K
Cash And Short Term Investments	20.4M	15.4M	10.6M	5.3M	6.1M	4.9M
Net Receivables	8.1M	7.8M	6.4M	12.4M	14.2M	15.0M
Common Stock Shares Outstanding	274.6K	540.3K	20.3K	870.1K	1.0M	1.1M
Liabilities And Stockholders Equity	63.8M	52.9M	45.8M	48.5M	55.7M	32.7M
Non Current Liabilities Total	17.1M	9.7M	5.6M	12.8M	14.7M	7.4M
Inventory	6.8M	5.7M	9.5M	8.7M	10.1M	6.0M
Other Current Assets	2.8M	5.8M	7.0M	2.8M	3.2M	2.0M
Other Stockholder Equity	60.1M	61.6M	66.5M	68.7M	79.0M	83.0M
Total Liab	31.8M	29.4M	31.1M	40.1M	46.1M	48.4M
Property Plant And Equipment Gross	12.3M	21.2M	19.9M	22.0M	25.3M	26.6M
Total Current Assets	38.1M	34.7M	30.3M	29.3M	33.7M	19.6M
Short Term Debt	721.0K	830.8K	17.6M	15.2M	17.5M	18.4M
Common Stock	17.6K	20.8K	26.4K	1.0K	941.4	894.33
Accumulated Other Comprehensive Income	853.6K	2.9M	2.4M	3.1M	3.5M	3.7M
Other Assets	4.4M	9.1M	697.2K	1.2M	1.4M	1.6M
Long Term Debt	10.3M	6.4M	2.4M	9.9M	11.4M	7.0M
Short Term Investments	887.7K	15.0K	13.7K	13.7K	15.7K	14.9K
Property Plant Equipment	16.8M	17.9M	9.7M	8.7M	10.1M	12.3M
Net Tangible Assets	21.1M	26.5M	14.8M	9.6M	11.0M	18.7M

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Cemtrex Net Debt vs Property Plant And Equipment Net Analysis

Net Debt vs Property Plant And Equipment Net

Net Debt vs Property Plant And Equipment Net Correlation Analysis

Correlation Coefficient

Net Debt

Property Plant And Equipment Net

Cemtrex fundamental ratios Correlations

Cemtrex Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cemtrex fundamental ratios Accounts

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Additional Tools for Cemtrex Stock Analysis

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.97	Total Assets
Total Liab	+ 0.97	Total Current Liabilities
Non Current Assets Total	+ 0.94	Total Assets
Property Plant And Equipment Gross	+ 0.94	Total Current Liabilities
Non Current Assets Total	+ 0.94	Property Plant And Equipment Net

Other Stockholder Equity	- 0.92	Retained Earnings
Common Stock	- 0.82	Net Receivables
Common Stock	- 0.8	Total Liab
Common Stock Shares Outstanding	- 0.8	Retained Earnings
Common Stock Total Equity	- 0.8	Current Deferred Revenue
Common Stock	- 0.8	Total Current Liabilities