Assay
Financial-condition grades for SEC filers
Company Report · as of Oct 9, 2026
|
| Cemtrex Inc.CETX · other | |
|---|---|
| Grade |  Bsecond fifth of 336 graded peers; percentile 37.3, sampling error 2.6 points; lower is stronger |
| Rank | 126 of 336 |
| Profitability | A/Bpercentile 20.9 |
| Solvency | Dpercentile 71.8 |
| Growth and financing | B/Cpercentile 37.9 |
| Reliability | 0.83 AUCfailure model, filers with $12.5M to $120M assets; 95% interval 0.79 to 0.86; 201 events, 2020 to 2025 |
| Peer failure rate | 1.07% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025 |
| Size band | $12.5M to $120M assetstotal assets $47.8M[1] |
| Standard universe | insiderevenue above $1M and assets above $10M[1-2] |
| Warnings | none activenot computable: dilution, distress |
| Inputs computable | 8 of 14 |
| Graded from | filings received through Jan 16, 2026266 days before the rescan; every figure keyed to the SEC receipt date |
| Last close | $2.022026-10-08; market equity $0; iex feed |
| Price used in grade | None |
| Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date. Open this report as it stood on | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Each date opens the report as it stood on that rescan. |
Business, in the company's words. Opening of Item 1 of the 10-K received Dec 29, 2025; the document on sec.gov.
.” There is a risk that one or more of our technologies will not be successful in generating revenue to sustain the expenditures associated with its existence. Moreover, having multiple business segments may present challenges, such as fluctuations in our operating results, using the company’s limited resources on less worthy business pursuits, and distracting management from obtaining its goals with respect to our overall operations. If we are unable to establish our technologies in the market, and overcome the challenges of doing so, we could go out of business.
The Fourteen Inputs [top]
Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.
| Input | Percentile, 0 to 100 | Value | Source | Peer median | Percentile | Peers | Period end |
|---|---|---|---|---|---|---|---|
| Profitability, sleeve percentile 20.9 | |||||||
| Gross profitability | 67.6% | [1,3] | 27.1% | 7.3 | 289 | 2025-09-30 | |
| Return on invested capital | not computable | 10.0% | |||||
| pretax income must exceed the validity floor and imply a 0%-100% tax rate | |||||||
| Accruals ratio | (61.5%) | [1,4-6] | (5.9%) | 2.8 | 506 | 2025-09-30 | |
| Gross margin stability, five years | 2.3 pts | [2-3,7-14] | 2.2 pts | 52.7 | 204 | 2025-09-30 | |
| Solvency, sleeve percentile 71.8 | |||||||
| Twelve-month failure probability | not computable | 0.04% | |||||
| firm-wide XBRL shares cannot be assigned to one ticker class | |||||||
| Altman Z double-prime | (5.76) | [1,15-20] | 2.05 | 83.9 | 386 | 2025-09-30 | |
| Net debt to EBITDA | 4.58x | [18,21-23] | 2.52x | 78.1 | 184 | 2025-09-30 | |
| Interest coverage | not computable | 2.18x | |||||
| latest aligned inputs end 2023-09-30; latest annual assets end 2025-09-30 | |||||||
| Current ratio | 1.22x | [15-16] | 1.32x | 53.5 | 506 | 2025-09-30 | |
| Growth and financing, sleeve percentile 37.9 | |||||||
| Revenue growth, three-year compound | 19.3% | [2,8,10,12] | 5.1% | 14.7 | 403 | 2025-09-30 | |
| Free cash flow growth, three-year compound | not computable | 8.7% | |||||
| current FCF must be positive and base FCF must exceed $100,000 | |||||||
| Reinvestment rate | not computable | 11.9% | |||||
| pretax income must exceed the validity floor and imply a 0%-100% tax rate | |||||||
| Asset growth, three years | 1.5% | [1,6,24-25] | 4.1% | 61.1 | 438 | 2025-09-30 | |
| Net share issuance, one year | not computable | (0.4%) | |||||
| firm-wide XBRL shares cannot be assigned to one ticker class | |||||||
Gross profitability. Revenue less cost of goods sold, over total assets.
Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.
Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.
Twelve-month failure probability. CHS model; lower is stronger.
Net debt to EBITDA. Lower is stronger.
Net share issuance, one year. Split-adjusted; lower is stronger.
Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite -0.135; sampling error 2.6 percentile points on 336 peers.
Among 336 Peers [top]
Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.
| Rank | Company | Percentile | Letter | Warnings |
|---|---|---|---|---|
| 121 | United Rentals, Inc. (URI) United Rentals, Inc. (URI) Bsecond fifth; percentile 35.8 NYSE · Services-Equipment Rental & Leasing, NEC market equity $65.8B; last close $1,051.89 No active warnings; 9 of 14 inputs | 35.8 | B | |
| 122 | Bgsf, Inc. (BGSF) Bgsf, Inc. (BGSF) Bsecond fifth; percentile 36.1 NYSE · Services-Help Supply Services market equity $50.9M; last close $4.65 Warnings: late filer; 9 of 14 inputs | 36.1 | B | late filer |
| 123 | Sterling Infrastructure, Inc. (STRL) Sterling Infrastructure, Inc. (STRL) Bsecond fifth; percentile 36.4 Nasdaq · Heavy Construction Other Than Bldg Const - Contractors market equity $15.9B; last close $518.11 No active warnings; 9 of 14 inputs | 36.4 | B | |
| 124 | Energy Fuels Inc. (UUUU) Energy Fuels Inc. (UUUU) Bsecond fifth; percentile 36.7 NYSE · Mining & Quarrying of Nonmetallic Minerals (No Fuels) market equity $2.5B; last close $9.92 No active warnings; 8 of 14 inputs | 36.7 | B | |
| 125 | Red Rock Resorts, Inc. (RRR) Red Rock Resorts, Inc. (RRR) Bsecond fifth; percentile 37.0 Nasdaq · Hotels & Motels last close $50.40 No active warnings; 10 of 14 inputs | 37.0 | B | |
| 126 | Cemtrex Inc. (CETX) Cemtrex Inc. (CETX) Bsecond fifth; percentile 37.3 Nasdaq · Construction - Special Trade Contractors last close $2.02 No active warnings; 8 of 14 inputs | 37.3 | B | |
| 127 | Upbound Group, Inc. (UPBD) Upbound Group, Inc. (UPBD) B/Con the B/C boundary; percentile 37.6 Nasdaq · Services-Equipment Rental & Leasing, NEC market equity $914.7M; last close $15.69 No active warnings; 8 of 14 inputs | 37.6 | B/C | |
| 128 | KBR, Inc. (KBR) KBR, Inc. (KBR) B/Con the B/C boundary; percentile 37.9 NYSE · Heavy Construction Other Than Bldg Const - Contractors market equity $4.4B; last close $35.20 No active warnings; 12 of 14 inputs | 37.9 | B/C | |
| 129 | Shift4 Payments, Inc. (FOUR) Shift4 Payments, Inc. (FOUR) B/Con the B/C boundary; percentile 38.4 NYSE · Services-Business Services, NEC last close $39.54 No active warnings; 9 of 14 inputs | 38.4 | B/C | |
| 130 | Shift4 Payments, Inc. (FOUR-PA) Shift4 Payments, Inc. (FOUR-PA) B/Con the B/C boundary; percentile 38.4 NYSE · Services-Business Services, NEC No active warnings; 9 of 14 inputs | 38.4 | B/C | |
| 131 | ABM Industries Inc. (ABM) ABM Industries Inc. (ABM) B/Con the B/C boundary; percentile 38.8 NYSE · Services-To Dwellings & Other Buildings market equity $2.9B; last close $49.84 No active warnings; 9 of 14 inputs | 38.8 | B/C |
| Peer policy | Letter | Percentile | Peers |
|---|---|---|---|
| all graded filers, equal sleeves | B | 35.4 | 2204 |
| sector peers, equal sleeves (the grade) | B | 37.3 | 336 |
| same exchange, equal sleeves | B | 36.5 | 1219 |
| sector peers, equal inputs | B/C | 40.3 | 336 |
Each letter is one fifth of the 336 graded peers, about 67 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.
What the Price Implies [top]
Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.
| Measure | Value | Peer median | Percentile | Reading |
|---|---|---|---|---|
| Twelve-month price change, skipping the latest month | (95.4%) | 2.0% | 0 | hotter than 0 of 100 peers |
| Distance from 52-week high | (97.1%) | (26.8%) | 1 | closer to its high than 1 of 100 peers |
| EBIT to enterprise value | not computable | 4.4% | required accounting or market input is missing | |
| Free cash flow yield | not computable | 4.1% | required accounting or market input is missing | |
| Book value to price | not computable | 0.34 | required accounting or market input is missing | |
| Sales to price | not computable | 0.70 | required accounting or market input is missing | |
| Composite equity issuance, five years | not computable | (8.8%) | required accounting or market input is missing | |
| Relative strength against the sector, log excess return | (3.23) | (0.13) | 0 | ahead of 0 of 100 peers |
Inputs: EBIT $509,826; free cash flow -$1.8M; book equity $32.0M; sales $76.5M; debt $16.6M; cash $8.0M[26].
Diagnostics [top]
Diagnostics do not feed the grade.
| Piotroski F-score: None of 9, period end 2025-09-30 | ||
|---|---|---|
| Return on assets above zero | (63.7%) | ✗ fail[4,6] |
| Operating cash flow above zero | $159,315 | ✓ pass[5] |
| Return on assets improved | (48.8 pts) | ✗ fail[4,6,24,27] |
| Operating cash flow exceeds net income | $28.3M | ✓ pass[4-5] |
| Long-term leverage fell | (18.7 pts) | ✓ pass[1,6,24,28-29] |
| Current ratio improved | (21.8 pts) | ✗ fail[15-16,30-31] |
| No new shares issued | n/a | |
| Gross margin improved | 1.1 pts | ✓ pass[2-3,7-8] |
| Asset turnover improved | 35.4 pts | ✓ pass[2,6,8,24] |
Downloads [top]
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Sources [top]
Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.
| # | Concept | XBRL tag | Value | Period end | Received | Form | Links |
|---|---|---|---|---|---|---|---|
| 1 | assets | us-gaap:Assets | $47.8M | 2025-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 2 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $76.5M | 2025-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 3 | gross profit | us-gaap:GrossProfit | $32.3M | 2025-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 4 | net income | us-gaap:NetIncomeLoss | -$28.1M | 2025-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 5 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $159,315 | 2025-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 6 | assets | us-gaap:Assets | $44.1M | 2024-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 7 | gross profit | us-gaap:GrossProfit | $27.5M | 2024-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 8 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $66.9M | 2024-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 9 | gross profit | us-gaap:GrossProfit | $25.7M | 2023-09-30 | 2024-12-30 | 10-K | filing · viewer · series |
| 10 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $59.4M | 2023-09-30 | 2024-12-30 | 10-K | filing · viewer · series |
| 11 | gross profit | us-gaap:GrossProfit | $16.6M | 2022-09-30 | 2023-12-28 | 10-K | filing · viewer · series |
| 12 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $45.0M | 2022-09-30 | 2023-12-28 | 10-K | filing · viewer · series |
| 13 | gross profit | us-gaap:GrossProfit | $17.0M | 2021-09-30 | 2022-12-28 | 10-K | filing · viewer · series |
| 14 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $43.1M | 2021-09-30 | 2022-12-28 | 10-K | filing · viewer · series |
| 15 | current assets | us-gaap:AssetsCurrent | $29.0M | 2025-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 16 | current liabilities | us-gaap:LiabilitiesCurrent | $23.8M | 2025-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 17 | retained earnings | us-gaap:RetainedEarningsAccumulatedDeficit | -$99.4M | 2025-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 18 | operating income | us-gaap:OperatingIncomeLoss | $509,826 | 2025-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 19 | book equity | us-gaap:StockholdersEquity | $8.7M | 2025-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 20 | liabilities | us-gaap:Liabilities | $39.1M | 2025-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 21 | total debt | us-gaap:LongTermDebt | $13.5M | 2025-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 22 | cash | us-gaap:CashAndCashEquivalentsAtCarryingValue | $5.0M | 2025-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 23 | depreciation amortization | us-gaap:DepreciationDepletionAndAmortization | $1.4M | 2025-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 24 | assets | us-gaap:Assets | $48.5M | 2023-09-30 | 2024-12-30 | 10-K | filing · viewer · series |
| 25 | assets | us-gaap:Assets | $45.8M | 2022-09-30 | 2023-12-28 | 10-K | filing · viewer · series |
| 26 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 1,721,141 | 2026-08-12 | 2026-08-14 | 10-Q | filing · viewer · series |
| 27 | net income | us-gaap:NetIncomeLoss | -$7.2M | 2024-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 28 | long term debt | us-gaap:LongTermDebtNoncurrent | $4.6M | 2025-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 29 | long term debt | us-gaap:LongTermDebtNoncurrent | $13.3M | 2024-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 30 | current assets | us-gaap:AssetsCurrent | $26.7M | 2024-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 31 | current liabilities | us-gaap:LiabilitiesCurrent | $18.6M | 2024-09-30 | 2025-12-29 | 10-K | filing · viewer · series |
| 32 | cash | us-gaap:CashAndCashEquivalentsAtCarryingValue | $8.0M | 2026-06-30 | 2026-08-14 | 10-Q | filing · viewer · series |
| 33 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$4.9M | 2026-06-30 | 2026-08-14 | 10-Q | filing · viewer · series |
| 34 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$5.3M | 2026-03-31 | 2026-05-15 | 10-Q | filing · viewer · series |
| 35 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$891,914 | 2025-12-31 | 2026-02-17 | 10-Q | filing · viewer · series |
| 36 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $3.4M | 2025-06-30 | 2026-08-14 | 10-Q | filing · viewer · series |
Limitations [top]
Grade boundary. Percentile 37.3 is 2.7 points from the nearest band edge; sampling error is 2.6 points.
Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.
Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.
Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.
Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.
Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.
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