Cemtrex Common Stock Total Equity vs Total Stockholder Equity Analysis

CETX Stock  USD 0.18  0.01  5.26%   
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 Common Stock Total Equity and its Total Stockholder Equity 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.

Common Stock Total Equity vs Total Stockholder Equity

Common Stock Total Equity vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cemtrex Common Stock Total Equity account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Cemtrex's Common Stock Total Equity and Total Stockholder Equity is -0.64. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Cemtrex, assuming nothing else is changed. The correlation between historical values of Cemtrex's Common Stock Total Equity and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Cemtrex are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Common Stock Total Equity i.e., Cemtrex's Common Stock Total Equity and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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

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