Cemtrex Inc (CETX)
3.06
+0.03
(+0.99%)
USD |
NASDAQ |
Apr 18, 16:00
3.07
+0.01
(+0.33%)
After-Hours: 20:00
Cemtrex Debt to Equity Ratio: 3.824 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 3.824 |
| September 30, 2023 | 3.174 |
| June 30, 2023 | 0.4796 |
| March 31, 2023 | 0.525 |
| December 31, 2022 | 0.2856 |
| September 30, 2022 | 0.1698 |
| June 30, 2022 | 0.1544 |
| March 31, 2022 | 0.2674 |
| December 31, 2021 | 0.2409 |
| September 30, 2021 | 0.2836 |
| June 30, 2021 | 0.3126 |
| March 31, 2021 | 0.4314 |
| December 31, 2020 | 0.4274 |
| September 30, 2020 | 0.4469 |
| June 30, 2020 | 0.2714 |
| March 31, 2020 | 0.4154 |
| December 31, 2019 | 0.4973 |
| September 30, 2019 | 0.2399 |
| June 30, 2019 | 0.2871 |
| March 31, 2019 | 0.2242 |
| December 31, 2018 | 0.2351 |
| September 30, 2018 | 0.2282 |
| June 30, 2018 | 0.3339 |
| March 31, 2018 | 0.328 |
| December 31, 2017 | 0.3723 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.2369 |
| June 30, 2017 | 0.3526 |
| March 31, 2017 | 0.4269 |
| December 31, 2016 | 1.037 |
| September 30, 2016 | 1.421 |
| June 30, 2016 | 1.543 |
| March 31, 2016 | 1.681 |
| December 31, 2015 | 1.974 |
| September 30, 2015 | 1.403 |
| June 30, 2015 | 1.803 |
| March 31, 2015 | 2.174 |
| December 31, 2014 | 2.961 |
| September 30, 2014 | 3.372 |
| June 30, 2014 | 5.064 |
| March 31, 2014 | 6.358 |
| December 31, 2013 | 7.668 |
| September 30, 2013 | 0.9791 |
| June 30, 2013 | 0.9746 |
| March 31, 2013 | 0.7718 |
| December 31, 2012 | 0.7149 |
| September 30, 2012 | 0.5654 |
| June 30, 2012 | 0.00 |
| March 31, 2012 | 0.00 |
| December 31, 2011 | 0.00 |
| September 30, 2011 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.1544
Minimum
Jun 2022
3.824
Maximum
Dec 2023
0.6702
Average
0.3126
Median
Jun 2021
Debt to Equity Ratio Benchmarks
| CSP Inc | 0.0164 |
| WidePoint Corp | 0.00 |
| Intellinetics Inc | 0.2841 |
| Data Storage Corp | 0.00 |
| Signing Day Sports Inc | -0.9414 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 45.30M |
| Total Liabilities (Quarterly) | 37.98M |
| Shareholders Equity (Quarterly) | 6.755M |
| Current Ratio | 0.9204 |
| Net Debt Paydown Yield | -88.75% |