Cemtrex Revenue Per Share vs Current Deferred Revenue 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 Revenue Per Share and its Current Deferred Revenue 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.

Revenue Per Share vs Current Deferred Revenue

Revenue Per Share vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cemtrex Revenue Per Share account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Cemtrex's Revenue Per Share and Current Deferred Revenue is 0.13. Overlapping area represents the amount of variation of Revenue Per Share that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Cemtrex, assuming nothing else is changed. The correlation between historical values of Cemtrex's Revenue Per Share and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Revenue Per Share of Cemtrex are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Revenue Per Share i.e., Cemtrex's Revenue Per Share and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 Expense3.9M5.0M5.7M6.0M
Depreciation And Amortization1.8M1.0M1.2M614.5K

Cemtrex fundamental ratios Correlations

0.460.850.740.860.880.690.1-0.260.880.640.940.40.640.83-0.760.240.790.850.630.560.790.820.970.18-0.66
0.460.230.770.110.360.160.85-0.510.640.210.380.040.210.76-0.350.80.70.490.130.60.850.660.490.67-0.72
0.850.230.610.810.750.73-0.11-0.230.690.610.840.340.60.66-0.650.220.540.560.680.510.610.730.8-0.05-0.51
0.740.770.610.430.610.60.52-0.640.750.420.670.060.40.88-0.650.670.580.670.640.810.970.940.740.73-0.8
0.860.110.810.430.830.6-0.220.050.640.580.850.470.580.63-0.64-0.060.510.680.440.320.480.60.8-0.18-0.43
0.880.360.750.610.830.550.20.040.870.240.940.210.240.81-0.760.040.640.820.40.290.640.760.770.03-0.65
0.690.160.730.60.60.55-0.17-0.340.550.610.650.320.60.47-0.80.120.390.480.670.510.560.60.670.12-0.59
0.10.85-0.110.52-0.220.2-0.17-0.260.44-0.330.11-0.3-0.330.57-0.140.650.370.28-0.20.270.570.430.080.61-0.57
-0.26-0.51-0.23-0.640.050.04-0.34-0.26-0.13-0.43-0.22-0.15-0.43-0.30.16-0.8-0.240.01-0.57-0.92-0.59-0.53-0.28-0.720.41
0.880.640.690.750.640.870.550.44-0.130.350.830.160.340.89-0.780.310.820.890.390.390.80.780.860.25-0.79
0.640.210.610.420.580.240.61-0.33-0.430.350.450.631.00.32-0.370.240.550.370.620.570.480.390.740.08-0.23
0.940.380.840.670.850.940.650.11-0.220.830.450.410.450.78-0.760.190.70.720.540.520.710.810.830.08-0.67
0.40.040.340.060.470.210.32-0.3-0.150.160.630.410.650.08-0.15-0.020.460.080.190.270.190.060.36-0.2-0.05
0.640.210.60.40.580.240.6-0.33-0.430.341.00.450.650.31-0.360.230.560.360.60.570.470.370.730.07-0.23
0.830.760.660.880.630.810.470.57-0.30.890.320.780.080.31-0.670.520.680.820.390.580.910.90.80.47-0.82
-0.76-0.35-0.65-0.65-0.64-0.76-0.8-0.140.16-0.78-0.37-0.76-0.15-0.36-0.67-0.14-0.49-0.68-0.43-0.4-0.63-0.68-0.7-0.180.85
0.240.80.220.67-0.060.040.120.65-0.80.310.240.19-0.020.230.52-0.140.350.080.240.790.680.580.260.67-0.57
0.790.70.540.580.510.640.390.37-0.240.820.550.70.460.560.68-0.490.350.70.330.420.740.590.790.18-0.54
0.850.490.560.670.680.820.480.280.010.890.370.720.080.360.82-0.680.080.70.420.270.710.710.870.29-0.58
0.630.130.680.640.440.40.67-0.2-0.570.390.620.540.190.60.39-0.430.240.330.420.660.560.670.650.37-0.26
0.560.60.510.810.320.290.510.27-0.920.390.570.520.270.570.58-0.40.790.420.270.660.780.770.550.67-0.6
0.790.850.610.970.480.640.560.57-0.590.80.480.710.190.470.91-0.630.680.740.710.560.780.920.790.65-0.8
0.820.660.730.940.60.760.60.43-0.530.780.390.810.060.370.9-0.680.580.590.710.670.770.920.780.54-0.77
0.970.490.80.740.80.770.670.08-0.280.860.740.830.360.730.8-0.70.260.790.870.650.550.790.780.24-0.61
0.180.67-0.050.73-0.180.030.120.61-0.720.250.080.08-0.20.070.47-0.180.670.180.290.370.670.650.540.24-0.46
-0.66-0.72-0.51-0.8-0.43-0.65-0.59-0.570.41-0.79-0.23-0.67-0.05-0.23-0.820.85-0.57-0.54-0.58-0.26-0.6-0.8-0.77-0.61-0.46
Click cells to compare fundamentals

Cemtrex Account Relationship Matchups

Cemtrex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets63.8M52.9M45.8M48.5M55.7M32.7M
Short Long Term Debt Total15.2M9.3M5.0M26.7M30.8M32.3M
Other Current Liab9.1M14.1M4.7M5.4M6.2M4.6M
Total Current Liabilities14.8M19.7M25.5M27.3M31.4M33.0M
Total Stockholder Equity30.9M22.6M13.9M7.7M8.8M12.6M
Property Plant And Equipment Net12.3M9.7M8.7M11.5M13.2M9.1M
Current Deferred Revenue1.7M2.1M2.1M35.8K41.2K39.1K
Net Debt(4.3M)(6.2M)(5.6M)21.4M24.6M25.9M
Retained Earnings(33.2M)(41.9M)(54.9M)(64.1M)(57.7M)(54.8M)
Accounts Payable4.8M4.2M3.1M6.3M7.2M3.7M
Cash19.5M15.4M10.6M5.3M6.1M4.7M
Non Current Assets Total25.7M18.2M15.5M19.2M22.0M13.1M
Non Currrent Assets Other9.1M112.9K1.2M369.6K425.0K403.7K
Cash And Short Term Investments20.4M15.4M10.6M5.3M6.1M4.9M
Net Receivables8.1M7.8M6.4M12.4M14.2M15.0M
Common Stock Shares Outstanding274.6K540.3K20.3K870.1K1.0M1.1M
Liabilities And Stockholders Equity63.8M52.9M45.8M48.5M55.7M32.7M
Non Current Liabilities Total17.1M9.7M5.6M12.8M14.7M7.4M
Inventory6.8M5.7M9.5M8.7M10.1M6.0M
Other Current Assets2.8M5.8M7.0M2.8M3.2M2.0M
Other Stockholder Equity60.1M61.6M66.5M68.7M79.0M83.0M
Total Liab31.8M29.4M31.1M40.1M46.1M48.4M
Property Plant And Equipment Gross12.3M21.2M19.9M22.0M25.3M26.6M
Total Current Assets38.1M34.7M30.3M29.3M33.7M19.6M
Short Term Debt721.0K830.8K17.6M15.2M17.5M18.4M
Common Stock17.6K20.8K26.4K1.0K941.4894.33
Accumulated Other Comprehensive Income853.6K2.9M2.4M3.1M3.5M3.7M
Other Assets4.4M9.1M697.2K1.2M1.4M1.6M
Long Term Debt10.3M6.4M2.4M9.9M11.4M7.0M
Short Term Investments887.7K15.0K13.7K13.7K15.7K14.9K
Property Plant Equipment16.8M17.9M9.7M8.7M10.1M12.3M
Net Tangible Assets21.1M26.5M14.8M9.6M11.0M18.7M

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.