CETX
Price:
$2.96
Market Cap:
$2.19M
Cemtrex, Inc. operates as a technology company in the United States and internationally. The company operates through Advanced Technologies and Industrial Services segments. The Advanced Technologies segment provides Internet of Things products and smart devices under the SmartDesk name for mobile, web, virtual and augmented reality, wearables, and television markets; and security and video surveillance solutions, and virtual and augmented reality solutions for various commercial and industrial applications. This segment also offers browser-based video monitoring systems and analytics-based recognition systems, cameras, servers, and access control systems for security and surveillance in ind...[Read more]
Industry
Software - Infrastructure
IPO Date
2015-06-25
Stock Exchange
NASDAQ
Ticker
CETX
According to Cemtrex, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.20. This represents a change of -4.20% compared to the average of 1.25 of the last 4 quarters.
The mean historical Current Ratio of Cemtrex, Inc. over the last ten years is 1.61. The current 1.20 Current Ratio has changed 7.37% with respect to the historical average. Over the past ten years (40 quarters), CETX's Current Ratio was at its highest in in the December 2020 quarter at 2.58. The Current Ratio was at its lowest in in the December 2023 quarter at 0.92.
Average
1.61
Median
1.46
Minimum
1.07
Maximum
2.58
Discovering the peaks and valleys of Cemtrex, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 113.37%
Maximum Annual Current Ratio = 2.58
Minimum Annual Increase = -48.07%
Minimum Annual Current Ratio = 1.07
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.44 | 34.03% |
| 2023 | 1.07 | -13.96% |
| 2022 | 1.25 | -29.57% |
| 2021 | 1.77 | -31.37% |
| 2020 | 2.58 | 113.37% |
| 2019 | 1.21 | -17.15% |
| 2018 | 1.46 | -37.04% |
| 2017 | 2.31 | 57.65% |
| 2016 | 1.47 | -4.16% |
| 2015 | 1.53 | -48.07% |
The current Current Ratio of Cemtrex, Inc. (CETX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.25
5-year avg
1.62
10-year avg
1.61
Cemtrex, Inc.’s Current Ratio is less than Treasure Global Inc. (1.23), less than Auddia Inc. (2.22), greater than The OLB Group, Inc. (0.13), greater than Urgent.ly Inc. Common Stock (0.34), greater than Baiya International Group Inc. Ordinary Shares (1.02), greater than Boxlight Corporation (1.02), less than My Size, Inc. (2.73), less than Cheche Group Inc. (1.31), less than Taoping Inc. (2.19),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.23 | $1.29M | |
| 2.22 | $2.47M | |
| 0.13 | $2.91M | |
| 0.34 | $2.32M | |
| 1.02 | $2.92M | |
| 1.02 | $2.62M | |
| 2.73 | $3.53M | |
| 1.31 | $75.82M | |
| 2.19 | $2.58M |
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What is the Current Ratio?
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What is the 5-year average Current Ratio for Cemtrex, Inc. (CETX)?
How does the current Current Ratio for Cemtrex, Inc. (CETX) compare to its historical average?