Cemtrex, Inc. (CETX) Balance Sheet
CETX balance sheet, FY2025
September 30, 2025 · U.S. dollars$47.8M assets = $39.1M liabilities + $8.7M equity
Both columns are drawn to the same scale: what CETX owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CETX financial health
Descriptive bands, not a rating. Fiscal FY2025.
CETX balance sheet trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $22.5MFY2016 | $47.8MFY2025 | +8.7%/yr | |
| Total liabilities | $15.4MFY2016 | $39.1MFY2025 | +10.9%/yr | |
| Shareholders’ equity | $7.1MFY2016 | $8.7MFY2025 | +2.3%/yr | |
| Cash & short-term investments | $1.5MFY2016 | $5.0MFY2025 | +14.4%/yr | |
| Total debt | $10.0MFY2016 | $18.8MFY2025 | +7.2%/yr | |
| Net cash (debt) | −$8.5MFY2016 | −$13.8MFY2025 | −$5.3M | |
| Working capital | $4.7MFY2016 | $5.2MFY2025 | +$490,435 | |
| Current ratio | 1.53FY2016 | 1.22FY2025 | −0.31 | |
| Debt / equity | 1.40FY2016 | 2.15FY2025 | +0.75 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CETX assets
CETX liabilities and equity
CETX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CETX balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $5.0M | $3.9M | $5.3M | $9.9M | $15.4M | $20.4M | $2.2M | $973,772 | $10.4M | $1.5M |
| Cash & equivalents | $5.0M | $3.9M | $5.3M | $9.9M | $15.4M | $19.5M | $1.8M | $973,772 | $10.4M | $1.5M |
| Short-term investments | $14,715 | $13,871 | $13,663 | $13,721 | $14,981 | $887,746 | $412,730 | $1.3M | $1.5M | $698,000 |
| Receivables | $14.5M | $12.9M | $12.4M | $6.4M | $11.6M | $9.2M | $8.4M | $14.1M | $15.5M | $4.8M |
| Inventory | $6.6M | $7.0M | $8.7M | $8.5M | $5.7M | $4.9M | $5.2M | $11.4M | $17.3M | $6.4M |
| Other current assets | $2.9M | $2.9M | $2.8M | $7.0M | $2.1M | $1.7M | $3.1M | $5.5M | $3.3M | $893,792 |
| Total current assets | $29.0M | $26.7M | $29.3M | $31.8M | $34.7M | $36.2M | $18.9M | $31.9M | $46.4M | $13.5M |
| Property, plant & equipment (net) | $11.7M | $11.1M | $11.5M | $7.9M | $9.7M | $8.7M | $16.8M | $27.3M | $20.1M | $8.1M |
| Goodwill & intangible assets | $4.9M | $3.7M | $4.4M | $3.9M | $7.8M | $7.2M | $4.5M | $6.6M | $6.6M | $1.8M |
| Long-term investments | $1.3M | $1.2M | $1.1M | $1.0M | $500,000 | $0 | $1.6M | $1.7M | $0 | $0 |
| Other non-current assets | $958,230 | $1.4M | $2.2M | $1.2M | $197,240 | $8.7M | $2.7M | $0 | $0 | $0 |
| Total assets | $47.8M | $44.1M | $48.5M | $45.8M | $52.9M | $60.8M | $44.4M | $67.3M | $70.2M | $22.5M |
| Liabilities | ||||||||||
| Accounts payable | $4.5M | $4.5M | $6.3M | $3.1M | $4.2M | $4.8M | $4.2M | $7.1M | $7.1M | $4.4M |
| Short-term debt | $13.0M | $4.0M | $15.2M | $17.6M | $830,791 | $721,036 | $3.1M | $565,513 | $4.7M | $4.1M |
| Deferred revenue | $3.2M | $3.0M | $2.6M | $1.6M | $2.5M | $1.5M | $1.5M | $1.0M | $463,022 | $382,876 |
| Total current liabilities | $23.8M | $18.6M | $27.3M | $25.5M | $19.7M | $16.3M | $15.6M | $21.9M | $20.1M | $8.8M |
| Long-term debt | $4.6M | $13.3M | $9.9M | $2.4M | $6.4M | $10.3M | $5.1M | $8.1M | $9.2M | $11.5M |
| Lease obligations | $2.1M | $2.0M | $2.3M | $2.6M | $2.8M | $2.7M | $20,061 | $44,081 | — | — |
| Other long-term liabilities | $10.7M | $7.3M | $2.8M | $3.2M | $3.3M | $5.4M | $1.7M | $2.1M | $1.9M | $0 |
| Total liabilities | $39.1M | $39.2M | $40.1M | $31.1M | $29.4M | $32.0M | $22.4M | $32.0M | $31.2M | $15.4M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $831 | $1 | $1,046 | $755 | $20,782 | $17,623 | $3,963 | $12,973 | $10,404 | $7,158 |
| Retained earnings (deficit) | −$99.4M | −$71.4M | −$64.1M | −$54.9M | −$41.9M | −$34.1M | −$20.1M | $4.3M | $14.4M | $6.4M |
| Treasury stock | — | — | — | — | — | −$148,291 | — | $0 | $0 | $0 |
| Accumulated other comprehensive income | $2.6M | $2.9M | $3.1M | $2.4M | $2.9M | $1.8M | $796,004 | −$483,297 | −$133,492 | −$333,888 |
| Minority interest | $0 | $250,165 | $656,179 | $692,742 | — | $1.1M | $885,874 | $0 | $0 | $0 |
| Total shareholders' equity | $8.7M | $4.7M | $7.7M | $13.9M | $22.6M | $27.8M | $22.0M | $35.3M | $39.0M | $7.1M |
| Key figures | ||||||||||
| Total debt | $18.8M | $18.4M | $26.7M | $21.8M | $9.3M | $15.2M | $8.2M | $8.7M | $13.9M | $10.0M |
| Net cash (debt) | −$13.8M | −$14.5M | −$21.4M | −$11.9M | $6.2M | $5.2M | −$6.0M | −$7.7M | −$3.5M | −$8.5M |
| Working capital | $5.2M | $8.1M | $1.9M | $6.3M | $15.1M | $19.9M | $3.2M | $10.0M | $26.4M | $4.7M |
| Tangible book value | $3.9M | $1.0M | $3.3M | $10.0M | $14.8M | $20.6M | $17.5M | $28.6M | $32.3M | $5.4M |
| Current ratio | 1.22 | 1.44 | 1.07 | 1.25 | 1.77 | 2.22 | 1.21 | 1.46 | 2.31 | 1.53 |
| Quick ratio | 0.82 | 0.90 | 0.65 | 0.64 | 1.38 | 1.82 | 0.68 | 0.69 | 1.29 | 0.71 |
| Debt / equity | 2.15 | 3.90 | 3.48 | 1.57 | 0.41 | 0.55 | 0.37 | 0.25 | 0.36 | 1.40 |
| Equity / assets | 18.2% | 10.7% | 15.9% | 30.5% | 42.7% | 45.7% | 49.5% | 52.4% | 55.6% | 31.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $11.7M | $12.9M | $20.6M | $5.0M | $7.0M | $4.6M | $4.2M | $3.9M | $6.5M | $2.9M | $2.8M | $5.3M |
| Cash & equivalents | $8.0M | $7.9M | $20.5M | $5.0M | $7.0M | $4.5M | $4.2M | $3.9M | $6.5M | $2.9M | $2.8M | $5.3M |
| Short-term investments | $3.7M | $5.0M | $114,748 | $14,715 | $14,715 | $14,565 | $14,153 | $13,871 | $13,871 | $13,853 | $13,307 | $13,663 |
| Receivables | $14.6M | $16.1M | $11.9M | $14.5M | $13.8M | $14.4M | $11.3M | $12.9M | $9.7M | $15.1M | $13.5M | $12.4M |
| Inventory | $8.0M | $6.7M | $7.4M | $6.6M | $5.8M | $6.1M | $11.1M | $7.0M | $7.5M | $7.4M | $7.9M | $8.7M |
| Other current assets | $3.2M | $1.8M | $2.7M | $2.9M | $2.7M | $3.5M | $2.4M | $2.9M | $2.7M | $3.0M | $2.2M | $2.8M |
| Total current assets | $37.5M | $37.6M | $42.7M | $29.0M | $29.3M | $28.6M | $29.0M | $26.7M | $26.4M | $28.4M | $26.4M | $29.3M |
| Property, plant & equipment (net) | $19.4M | $19.4M | $11.5M | $11.7M | $11.5M | $11.5M | $11.5M | $11.1M | $10.5M | $11.1M | $11.3M | $11.5M |
| Goodwill & intangible assets | $10.5M | $11.8M | $3.7M | $4.9M | $3.7M | $3.7M | $3.7M | $3.7M | $4.2M | $4.4M | $4.4M | $4.4M |
| Long-term investments | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.2M | $1.2M | $1.2M | $1.2M | $1.1M |
| Other non-current assets | $1.3M | $690,666 | $1.1M | $958,230 | $1.1M | $1.1M | $1.1M | $1.4M | $1.5M | $2.2M | $2.0M | $2.2M |
| Total assets | $70.0M | $70.7M | $60.3M | $47.8M | $47.0M | $46.2M | $46.7M | $44.1M | $43.8M | $47.2M | $45.3M | $48.5M |
| Liabilities | ||||||||||||
| Accounts payable | $4.9M | $4.6M | $4.3M | $4.5M | $4.8M | $4.0M | $3.5M | $4.5M | $3.6M | $5.8M | $4.2M | $6.3M |
| Short-term debt | $12.0M | $12.4M | $7.7M | $13.0M | $12.9M | $13.0M | $11.7M | $4.0M | $4.2M | $5.7M | $19.8M | $15.2M |
| Deferred revenue | $569,933 | $3.9M | $2.9M | $3.2M | $4.3M | $3.3M | $2.5M | $3.0M | $3.4M | $3.5M | $2.6M | $2.6M |
| Total current liabilities | $24.3M | $24.2M | $18.0M | $23.8M | $24.4M | $23.6M | $24.9M | $18.6M | $14.0M | $18.1M | $28.7M | $27.3M |
| Long-term debt | $8.6M | $8.8M | $8.0M | $4.6M | $8.5M | $9.5M | $11.9M | $13.3M | $16.9M | $21.6M | $6.8M | $9.9M |
| Lease obligations | $3.1M | $3.2M | $2.2M | $2.1M | $2.0M | $1.7M | $1.9M | $2.0M | $2.0M | $2.3M | $2.2M | $2.3M |
| Other long-term liabilities | $5.1M | $3.0M | $5.2M | $10.7M | $10.2M | $6.4M | $11.4M | $7.3M | $12.6M | $2.4M | $2.5M | $2.8M |
| Total liabilities | $38.0M | $36.0M | $31.2M | $39.1M | $43.1M | $39.5M | $48.2M | $39.2M | $43.5M | $42.1M | $38.0M | $40.1M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1,260 | $10,078 | $8,601 | $831 | $3,510 | $1,785 | $1,785 | $14 | $16,353 | $1,056 | $1,056 | $1,046 |
| Retained earnings (deficit) | −$123.5M | −$119.0M | −$120.0M | −$99.4M | −$96.3M | −$91.7M | −$100.1M | −$71.4M | −$75.8M | −$66.8M | −$65.3M | −$64.1M |
| Accumulated other comprehensive income | $2.6M | $2.6M | $1.9M | $2.6M | $2.6M | $2.4M | $2.8M | $2.9M | $3.0M | $2.8M | $3.3M | $3.1M |
| Minority interest | — | — | — | $0 | $234,238 | — | — | — | — | — | — | — |
| Total shareholders' equity | $32.0M | $34.7M | $29.1M | $8.7M | $3.6M | $6.4M | −$1.6M | $4.7M | $47,956 | $4.7M | $6.8M | $7.7M |
| Key figures | ||||||||||||
| Total debt | $22.1M | $22.8M | $16.9M | $18.8M | $22.6M | $23.4M | $24.6M | $18.4M | $22.3M | $28.7M | $28.0M | $26.7M |
| Net cash (debt) | −$10.5M | −$9.8M | $3.7M | −$13.8M | −$15.5M | −$18.8M | −$20.4M | −$14.5M | −$15.8M | −$25.8M | −$25.1M | −$21.4M |
| Working capital | $13.2M | $13.3M | $24.7M | $5.2M | $4.9M | $5.0M | $4.1M | $8.1M | $12.4M | $10.3M | −$2.3M | $1.9M |
| Tangible book value | $21.5M | $23.0M | $25.4M | $3.9M | −$90,589 | $2.7M | −$5.3M | $1.0M | −$4.2M | $307,507 | $2.4M | $3.3M |
| Book value per share | $23.33 | $33.90 | — | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 1.4M | 1.0M | — | — | — | — | — | — | — | — | — | — |
| Current ratio | 1.54 | 1.55 | 2.38 | 1.22 | 1.20 | 1.21 | 1.17 | 1.44 | 1.89 | 1.57 | 0.92 | 1.07 |
| Quick ratio | 1.08 | 1.20 | 1.81 | 0.82 | 0.85 | 0.80 | 0.62 | 0.90 | 1.15 | 0.99 | 0.57 | 0.65 |
| Debt / equity | 0.69 | 0.66 | 0.58 | 2.15 | 6.24 | 3.65 | — | 3.90 | 464.62 | 6.13 | 4.14 | 3.48 |
| Equity / assets | 45.7% | 49.1% | 48.2% | 18.2% | 7.7% | 13.8% | −3.3% | 10.7% | 0.1% | 9.9% | 14.9% | 15.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 29, 2025); data from EODHD.
CETX financial position
At the end of fiscal 2025 (September 30, 2025), Cemtrex had total assets of $47.8 million (up 8.3% from a year earlier), total liabilities of $39.1 million and shareholders' equity of $8.7 million. It held $5.0 million in cash and short-term investments against $18.8 million of debt, net debt of $13.8 million. Its current ratio was 1.22. In the latest quarter (ended June 30, 2026) total assets were $70.0 million and equity $32.0 million.
Related: CETX income statement, CETX cash flow statement, CETX key metrics. See the CETX stock overview for the latest quote and news.
CETX balance sheet FAQ
What are Cemtrex's total assets?
Cemtrex reported total assets of $47.8 million at the end of fiscal 2025 (September 30, 2025), compared with $44.1 million a year earlier.
How much debt does Cemtrex have?
Cemtrex had $18.8 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 2.15.
How much cash does Cemtrex have?
Cemtrex held $5.0 million in cash and short-term investments at the end of fiscal 2025; with $18.8 million of debt that is net debt of $13.8 million.
What is Cemtrex's book value?
Cemtrex's shareholders' equity (book value) was $8.7 million at the end of fiscal 2025.
What is Cemtrex's current ratio?
Cemtrex had current assets of $29.0 million and current liabilities of $23.8 million, a current ratio of 1.22 (it can cover its short-term obligations).
How much goodwill does Cemtrex have?
Cemtrex carried $4.9 million of goodwill and intangible assets, 10.2% of total assets, at the end of fiscal 2025.