According to Cemtrex latest financial reports the total debt is $11.54M, an increase of 175.33% to 2022. At the end of 2022 company had $4.19M total debt. This figure represents the debts and financial obligations that Cemtrex combine short-term debt, long-term debt, and other fixed payment obligations (such as capital leases) of a business that are incurred while under normal operating cycles.
Year | Total debt | Change |
---|---|---|
2023 | $11.54M | 175.33% |
2022 | $4.19M | -50.26% |
2021 | $8.42M | -41.71% |
2020 | $14.45M | 184.62% |
2019 | $5.08M | -37.27% |
2018 | $8.10M | - |