$CETX
CEMTREX INC Stock $cetx

$cetx Overview Financials Valuation SEC Filings Company Website

2014 Q3 Form 10-K Financial Statement

#000114420414076190 Filed on December 29, 2014

Income Statement

Concept	2014 Q3	2014	2013 Q3
Revenue	$13.69M	$47.65M	$2.530M
YoY Change	441.11%	248.51%	-47.29%
Cost Of Revenue	$9.160M	$32.06M	$2.600M
YoY Change	252.31%	155.88%	-47.05%
Gross Profit	$4.530M	$15.60M	-$70.00K
YoY Change	-6571.43%	1262.05%	-41.67%
Gross Profit Margin	33.09%	32.73%	-2.77%
Selling, General & Admin	$3.640M	$12.60M	-$50.00K
YoY Change	-7380.0%	1475.0%	-70.59%
% of Gross Profit	80.35%	80.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$300.0K	$490.0K	$0.00
YoY Change		4800.0%
% of Gross Profit	6.62%	3.14%
Operating Expenses	$3.640M	$12.58M	-$50.00K
YoY Change	-7380.0%	1476.43%	-70.59%
Operating Profit	$890.0K	$3.013M	-$20.00K
YoY Change	-4550.0%	768.74%	-140.0%
Interest Expense	-$150.0K	$436.9K	-$10.00K
YoY Change	1400.0%	852.81%	0.0%
% of Operating Profit	-16.85%	14.5%
Other Income/Expense, Net	$50.00K	-$283.3K
YoY Change		517.99%
Pretax Income	$790.0K	$2.730M	-$30.00K
YoY Change	-2733.33%	806.94%	-250.0%
Income Tax	$30.00K	$60.96K	-$90.00K
% Of Pretax Income	3.8%	2.23%
Net Earnings	$770.0K	$2.669M	$60.00K
YoY Change	1183.33%	825.1%	-78.57%
Net Earnings / Revenue	5.62%	5.6%	2.37%
Basic Earnings Per Share		$0.07
Diluted Earnings Per Share	$151.9K	$0.07	$67.42K
COMMON SHARES
Basic Shares Outstanding		40.60M shares	40.60M shares
Diluted Shares Outstanding		40.60M shares

Balance Sheet

Concept	2014 Q3	2014	2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$710.0K	$710.0K	$70.00K
YoY Change	914.29%	914.29%	-78.79%
Cash & Equivalents	$146.1K	$150.0K	$66.96K
Short-Term Investments	$560.0K	$560.0K
Other Short-Term Assets	$530.0K	$530.0K	$430.0K
YoY Change	23.26%	23.26%	10.26%
Inventory	$6.270M	$6.270M	$159.3K
Prepaid Expenses
Receivables	$4.038M	$4.040M	$641.3K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$11.55M	$11.55M	$2.506M
YoY Change	360.71%	360.16%	59.46%
LONG-TERM ASSETS
Property, Plant & Equipment	$7.399M	$7.400M	$9.323K
YoY Change	79263.9%	73900.0%	-54.45%
Goodwill	$845.0K		$0.00
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$52.43K	$50.00K	$4.225K
YoY Change	1140.9%		-32.62%
Total Long-Term Assets	$8.297M	$8.290M	$367.7K
YoY Change	2156.34%	2202.78%	244.49%
TOTAL ASSETS
Total Short-Term Assets	$11.55M	$11.55M	$2.506M
Total Long-Term Assets	$8.297M	$8.290M	$367.7K
Total Assets	$19.84M	$19.84M	$2.874M
YoY Change	590.46%	591.29%	71.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.722M	$2.720M	$571.5K
YoY Change	376.25%	377.19%	78.19%
Accrued Expenses	$440.4K	$440.0K	$63.63K
YoY Change	592.24%	633.33%	65.17%
Deferred Revenue
YoY Change
Short-Term Debt	$690.0K	$690.0K	$0.00
YoY Change
Long-Term Debt Due	$689.8K	$2.360M	$0.00
YoY Change
Total Short-Term Liabilities	$3.914M	$6.270M	$635.1K
YoY Change	516.26%	879.69%	76.8%
LONG-TERM LIABILITIES
Long-Term Debt	$9.930M	$9.930M	$1.110M
YoY Change	794.59%	794.59%	131.25%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$9.930M	$9.930M	$1.110M
YoY Change	794.59%	794.59%	132.97%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.914M	$6.270M	$635.1K
Total Long-Term Liabilities	$9.930M	$9.930M	$1.110M
Total Liabilities	$16.20M	$16.20M	$1.743M
YoY Change	829.58%	831.03%	108.52%
SHAREHOLDERS EQUITY
Retained Earnings	$3.593M		$923.9K
YoY Change	288.89%		45.41%
Common Stock	$6.767K		$40.60K
YoY Change	-83.33%		0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$3.644M	$3.640M	$1.131M
YoY Change
Total Liabilities & Shareholders Equity	$19.84M	$19.84M	$2.874M
YoY Change	590.46%	591.29%	71.22%

Cashflow Statement

Concept	2014 Q3	2014	2013 Q3
OPERATING ACTIVITIES
Net Income	$770.0K	$2.669M	$60.00K
YoY Change	1183.33%	825.1%	-78.57%
Depreciation, Depletion And Amortization	$300.0K	$490.0K	$0.00
YoY Change		4800.0%
Cash From Operating Activities	-$1.000M	-$2.340M	$120.0K
YoY Change	-933.33%	275.63%	-36.84%
INVESTING ACTIVITIES
Capital Expenditures	-$720.0K	-$7.880M
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$4.870M	-$1.400M
YoY Change
Cash From Investing Activities	$4.140M	-$9.290M
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-4.300M	11.71M	-260.0K
YoY Change	1553.85%	3181.25%	-273.33%
NET CHANGE
Cash From Operating Activities	-1.000M	-2.340M	120.0K
Cash From Investing Activities	4.140M	-9.290M
Cash From Financing Activities	-4.300M	11.71M	-260.0K
Net Change In Cash	-1.160M	80.00K	-140.0K
YoY Change	728.57%	-130.07%	-153.85%
FREE CASH FLOW
Cash From Operating Activities	-$1.000M	-$2.340M	$120.0K
Capital Expenditures	-$720.0K	-$7.880M
Free Cash Flow	-$280.0K	$5.540M
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	66963	USD
CY2014	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><i><font style="COLOR: black; FONT-SIZE: 10pt"> Reclassifications</font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><i><font style="COLOR: black; FONT-SIZE: 10pt">  </font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="COLOR: black; FONT-SIZE: 10pt"> Certain reclassifications have been made to prior period amounts to conform to the current period presentation.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2013Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9323	USD
CY2014Q3	us-gaap	Long Term Loans From Bank LongTermLoansFromBank	6549139	USD
CY2013Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	432131	USD
CY2013Q3	us-gaap	Assets Current AssetsCurrent	2506078	USD
CY2013Q3	us-gaap	Goodwill Goodwill	0	USD
CY2014Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	4038340	USD
CY2013Q3	us-gaap	Inventory Net InventoryNet	159348	USD
CY2013Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	923853	USD
CY2014Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	3592739	USD
CY2013Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	0	USD
CY2014Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-156559	USD
CY2013Q3	us-gaap	Stockholders Equity StockholdersEquity	1131182	USD
CY2014Q3	us-gaap	Stockholders Equity StockholdersEquity	3643509	USD
CY2013Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2873776	USD
CY2013Q3	us-gaap	Preferred Stock Value PreferredStockValue	1000	USD
CY2014Q3	us-gaap	Preferred Stock Value PreferredStockValue	1000	USD
CY2013Q3	us-gaap	Common Stock Value CommonStockValue	40599	USD
CY2014Q3	us-gaap	Common Stock Value CommonStockValue	40599	USD
CY2013Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	165730	USD
CY2014Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	165730	USD
CY2014Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	146095	USD
CY2013Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	641264	USD
CY2013Q3	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	1206372	USD
CY2014Q3	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	0	USD
CY2014Q3	us-gaap	Inventory Net InventoryNet	6270327	USD
CY2014Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	531262	USD
CY2014Q3	us-gaap	Assets Current AssetsCurrent	11545839	USD
CY2014Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	7399096	USD
CY2014Q3	us-gaap	Goodwill Goodwill	845000	USD
CY2013Q3	us-gaap	Due From Related Parties Noncurrent DueFromRelatedPartiesNoncurrent	354150	USD
CY2014Q3	us-gaap	Due From Related Parties Noncurrent DueFromRelatedPartiesNoncurrent	0	USD
CY2013Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	4225	USD
CY2014Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	52428	USD
CY2013Q3	us-gaap	Assets Assets	2873776	USD
CY2014Q3	us-gaap	Assets Assets	19842363	USD
CY2013Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	571485	USD
CY2014Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	2721705	USD
CY2013Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	63625	USD
CY2014Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	440436	USD
CY2013Q3	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	0	USD
CY2014Q3	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	62032	USD
CY2013Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	0	USD
CY2014Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	689769	USD
CY2013Q3	us-gaap	Long Term Loans From Bank LongTermLoansFromBank	0	USD
CY2013Q3	us-gaap	Long Term Notes Payable LongTermNotesPayable	1107484	USD
CY2014Q3	us-gaap	Long Term Notes Payable LongTermNotesPayable	1869791	USD
CY2013Q3	us-gaap	Liabilities Liabilities	1742594	USD
CY2014Q3	us-gaap	Liabilities Liabilities	16198854	USD
CY2013Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	USD
CY2014Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	USD
CY2014Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	19842363	USD
CY2013	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	0	USD
CY2014	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	156559	USD
CY2013Q3	us-gaap	Accounts Receivable Gross AccountsReceivableGross	681264	USD
CY2014Q3	us-gaap	Accounts Receivable Gross AccountsReceivableGross	4106441	USD
CY2013Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	40000	USD
CY2014Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	68101	USD
CY2013Q3	us-gaap	Accounts Receivable Net AccountsReceivableNet	641264	USD
CY2014Q3	us-gaap	Accounts Receivable Net AccountsReceivableNet	4038340	USD
CY2013Q3	us-gaap	Inventory Raw Materials InventoryRawMaterials	307815	USD
CY2014Q3	us-gaap	Inventory Raw Materials InventoryRawMaterials	3449501	USD
CY2013Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	500	USD
CY2014Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	1254013	USD
CY2013Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	0	USD
CY2014Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	1715780	USD
CY2013Q3	us-gaap	Inventory Gross InventoryGross	308315	USD
CY2014Q3	us-gaap	Inventory Gross InventoryGross	6419294	USD
CY2013Q3	us-gaap	Inventory Adjustments InventoryAdjustments	148967	USD
CY2014Q3	us-gaap	Inventory Adjustments InventoryAdjustments	148967	USD
CY2013Q3	us-gaap	Land And Land Improvements LandAndLandImprovements	0	USD
CY2014Q3	us-gaap	Land And Land Improvements LandAndLandImprovements	1065500	USD
CY2013Q3	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	0	USD
CY2014Q3	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	4387880	USD
CY2013Q3	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	83687	USD
CY2014Q3	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	316715	USD
CY2013Q3	us-gaap	Capitalized Computer Software Gross CapitalizedComputerSoftwareGross	4631	USD
CY2014Q3	us-gaap	Capitalized Computer Software Gross CapitalizedComputerSoftwareGross	46619	USD
CY2013Q3	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	78392	USD
CY2014Q3	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	2234423	USD
CY2013Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	166710	USD
CY2014Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	8051137	USD
CY2013Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	157387	USD
CY2014Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	652041	USD
CY2013Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2014Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2013Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2014Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2013Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	1000000	shares
CY2014Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	1000000	shares
CY2013Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	1000000	shares
CY2014Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	1000000	shares
CY2013Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2014Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2013Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	60000000	shares
CY2014Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	60000000	shares
CY2013	us-gaap	Increase Decrease In Due From Related Parties Current IncreaseDecreaseInDueFromRelatedPartiesCurrent	851586	USD
CY2014	us-gaap	Increase Decrease In Due From Related Parties Current IncreaseDecreaseInDueFromRelatedPartiesCurrent	-1560522	USD
CY2013	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-37496	USD
CY2014	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	6110979	USD
CY2013	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	36278	USD
CY2014	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	99131	USD
CY2013	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	0	USD
CY2013Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	40599129	shares
CY2014Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	40599129	shares
CY2013Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	40599129	shares
CY2014Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	40599129	shares
CY2014	us-gaap	Business Combination Consideration Transferred1 BusinessCombinationConsiderationTransferred1	5936298	USD
CY2013	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	47050448	USD
CY2014	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	47653114	USD
CY2013	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-372337	USD
CY2014	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	2668886	USD
CY2013	ctei	Business Acquisition Pro Forma Earnings Per Share Basic And Diluted BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted	-0.01
CY2014	ctei	Business Acquisition Pro Forma Earnings Per Share Basic And Diluted BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted	0.07
CY2014	us-gaap	Preferred Stock Voting Rights PreferredStockVotingRights	Each issued and outstanding Series A Preferred Share shall be entitled to the number of votes equal to the result of: (i) the number of shares of common stock of the Company issued and outstanding at the time of such vote multiplied by 1.01; divided by (ii) the total number of Series A Preferred Shares issued and outstanding at the time of such vote, at each meeting of shareholders of the Company with respect to any and all matters presented to the shareholders of the Company for their action or consideration, including the election of directors. Holders of Series A Preferred Shares shall vote together with the holders of Common Shares as a single class
CY2014Q3	us-gaap	Area Of Land AreaOfLand	4000	sqft
CY2014	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	4000	USD
CY2013	us-gaap	Revenues Revenues	13673531	USD
CY2014	us-gaap	Revenues Revenues	47653114	USD
CY2013	us-gaap	Cost Of Revenue CostOfRevenue	12528549	USD
CY2014	us-gaap	Cost Of Revenue CostOfRevenue	32057846	USD
CY2013	us-gaap	Gross Profit GrossProfit	1144982	USD
CY2014	us-gaap	Gross Profit GrossProfit	15595268	USD
CY2013	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	798135	USD
CY2014	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	12582072	USD
CY2013	us-gaap	Operating Expenses OperatingExpenses	798135	USD
CY2014	us-gaap	Operating Expenses OperatingExpenses	12582072	USD
CY2013	us-gaap	Operating Income Loss OperatingIncomeLoss	346847	USD
CY2014	us-gaap	Operating Income Loss OperatingIncomeLoss	3013196	USD
CY2013	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	0	USD
CY2014	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	153516	USD
CY2013	us-gaap	Interest Expense InterestExpense	45850	USD
CY2014	us-gaap	Interest Expense InterestExpense	436864	USD
CY2013	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-45850	USD
CY2014	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-283348	USD
CY2013	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	300997	USD
CY2014	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	2729848	USD
CY2013	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	12500	USD
CY2014	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	60962	USD
CY2013	us-gaap	Net Income Loss NetIncomeLoss	288497	USD
CY2014	us-gaap	Net Income Loss NetIncomeLoss	2668886	USD
CY2013	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
CY2014	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.07
CY2013	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
CY2014	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.07
CY2013	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	40599129	shares
CY2014	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	40599129	shares
CY2013	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	40599129	shares
CY2014	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	40599129	shares
CY2013	us-gaap	Depreciation And Amortization DepreciationAndAmortization	11143	USD
CY2014	us-gaap	Depreciation And Amortization DepreciationAndAmortization	494654	USD
CY2013	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	348109	USD
CY2014	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	3397076	USD
CY2014	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	48203	USD
CY2013	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	250776	USD
CY2014	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	2150220	USD
CY2013	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	25103	USD
CY2014	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	14048	USD
CY2013	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	6200.00	USD
CY2014	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	13825	USD
CY2013	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	0	USD
CY2014	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	34159	USD
CY2013	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.3400	pure
CY2014	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.3400	pure
CY2014	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	376811	USD
CY2013	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	0	USD
CY2014	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	62032	USD
CY2013	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-622958	USD
CY2014	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-2342264	USD
CY2013	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	0	USD
CY2014	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	-7884427	USD
CY2013	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	0	USD
CY2014	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	1404815	USD
CY2013	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	0	USD
CY2014	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-9289242	USD
CY2013	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	631026	USD
CY2014	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	605748	USD
CY2013	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	0	USD
CY2014	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	11104890	USD
CY2013	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	356876	USD
CY2014	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	11710638	USD
CY2013	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-266082	USD
CY2014	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	79132	USD
CY2012Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	333045	USD
CY2013	us-gaap	Interest Paid InterestPaid	0	USD
CY2014	us-gaap	Interest Paid InterestPaid	333613	USD
CY2013	us-gaap	Income Taxes Paid IncomeTaxesPaid	999	USD
CY2014	us-gaap	Income Taxes Paid IncomeTaxesPaid	27873	USD
CY2014	us-gaap	Nature Of Operations NatureOfOperations	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="center"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <b><font style="FONT-SIZE: 10pt">NOTE 1 ORGANIZATION AND PLAN OF OPERATIONS</font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt; size: 8.5in 11.0in"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; size: 8.5in 11.0in"> Cemtrex Inc. ("Cemtrex" or the "Company") is a diversified international company offering a range of products, systems, and solutions in a wide variety of industries around the world to meet today’s technological challenges. Cemtrex, through its wholly owned subsidiaries provides electronic manufacturing services of custom engineered printed circuit board assemblies, emission monitors & instruments for industrial processes, and environmental control & air filtration systems for industries & utilities.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;size: 8.5in 11.0in"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Cemtrex, through its Electronics Manufacturing Services (EMS) group, provides end to end electronic manufacturing services, which includes product design and sustaining engineering services, printed circuit board assembly and production, cabling and wire harnessing, systems integration, comprehensive testing services and completely assembled electronic products. Cemtrex, through its Environmental Products and Systems group, sells a complete line of air filtration and environmental control products to a wide variety of industrial and manufacturing industries worldwide. The Company through its Monitoring Instruments and Products (MIP) group manufactures sells, and services monitoring instruments, software and systems for measurement of emissions of Greenhouse gases, hazardous gases, particulate and other regulated pollutants used in emissions trading globally as well as for industrial processes. The Company also markets monitoring and analysis equipment for gas and liquid measurement for various downstream oil & gas applications as well as various industrial process applications.</div> <font style="FONT-SIZE: 10pt"> </font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt; size: 8.5in 11.0in"> <font style="FONT-SIZE: 10pt">Cemtrex, Inc. was incorporated as Diversified American Holding, Inc. on  <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">April 27, 1998</font>. On <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">December 16, 2004</font>, the Company changed its name to Cemtrex, Inc.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt; size: 8.5in 11.0in"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt; size: 8.5in 11.0in" align="justify"><font style="FONT-SIZE: 10pt">On <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">October 31, 2013</font>, the Company completed the acquisition of the privately held ROB Group, a leader in electronics manufacturing solutions located in Neulingen, Germany. The ROB Group, founded in 1989, consisted of 4 distinct operating companies, forming a complete electronics design, manufacturing, assembly, and cabling solutions provider that serves the electronics and cabling needs of some of the largest companies in the world in the Medical, Automation, Industrial, and Renewable Energy industries. ROB Group also has a manufacturing facility in Sibiu, Romania. ROB Cemtrex GmbH now operates as a subsidiary of Cemtrex, Inc. (see NOTE 9).</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2014	dei	Document Type DocumentType	10-K
CY2014	dei	Amendment Flag AmendmentFlag	false
CY2014	dei	Document Period End Date DocumentPeriodEndDate	2014-09-30
CY2014	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
CY2014	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2014	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.0900	pure
CY2014	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2014	dei	Entity Registrant Name EntityRegistrantName	CEMTREX INC
CY2014	dei	Entity Central Index Key EntityCentralIndexKey	0001435064
CY2014	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--09-30
CY2014	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2014	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2014	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2014Q4	dei	Entity Public Float EntityPublicFloat	6691169	USD
CY2014	dei	Trading Symbol TradingSymbol	CTEI
CY2014Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	40659129	shares
CY2013Q3	us-gaap	Short Term Investments ShortTermInvestments	0	USD
CY2014Q3	us-gaap	Short Term Investments ShortTermInvestments	559815	USD
CY2012Q3	us-gaap	Stockholders Equity StockholdersEquity	842685	USD
CY2014	us-gaap	Fiscal Period FiscalPeriod	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <i><font style="FONT-SIZE: 10pt">Fiscal Year-End</font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The Company elected September 30 as its fiscal year-end date.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2014	us-gaap	Use Of Estimates UseOfEstimates	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <i><font style="FONT-SIZE: 10pt">Use of Estimates and Assumptions and Critical Accounting Estimates and Assumptions</font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date(s) of the financial statements and the reported amounts of revenues and expenses during the reporting period(s).</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">Critical accounting estimates are estimates for which (a) the nature of the estimate is material due to the levels of subjectivity and judgment necessary to account for highly uncertain matters or the susceptibility of such matters to change and (b) the impact of the estimate on financial condition or operating performance is material. The Company’s critical accounting estimates and assumptions affecting the financial statements were:</font></div> <table style="LINE-HEIGHT: 115%; WIDTH: 100%; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.25in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24"></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.25in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">i.</font></div> </td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">Allowance for doubtful accounts : Management’s estimate of the allowance for doubtful accounts is based on historical sales, historical loss levels, and an analysis of the collectability of individual accounts; and general economic conditions that may affect a client’s ability to pay. The Company evaluated the key factors and assumptions used to develop the allowance in determining that it is reasonable in relation to the financial statements taken as a whole;</font></div> </td> </tr> </table> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="DISPLAY: none; FONT-SIZE: 10pt"> </font></div> <table style="LINE-HEIGHT: 115%; WIDTH: 100%; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.25in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24"></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.25in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">ii.</font></div> </td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">Inventory Obsolescence and Markdowns : The Company’s estimate of potentially excess and slow-moving inventories is based on evaluation of inventory levels and aging, review of inventory turns and historical sales experiences. The Company’s estimate of reserve for inventory shrinkage is based on the historical results of physical inventory cycle counts;</font></div> </td> </tr> </table> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="DISPLAY: none; FONT-SIZE: 10pt"> </font></div> <table style="LINE-HEIGHT: 115%; WIDTH: 100%; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.25in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24"></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.25in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">iii.</font></div> </td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">Fair value of long-lived assets : Fair value is generally determined using the asset’s expected future discounted cash flows or market value, if readily determinable. If long-lived assets are determined to be recoverable, but the newly determined remaining estimated useful lives are shorter than originally estimated, the net book values of the long-lived assets are depreciated over the newly determined remaining estimated useful lives. The Company considers the following to be some examples of important indicators that may trigger an impairment review:</font></div> </td> </tr> </table> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="DISPLAY: none; FONT-SIZE: 10pt"> </font></div> <table style="LINE-HEIGHT: 115%; WIDTH: 100%; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.75in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="72"></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.25in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">i.</font></div> </td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">significant under-performance or losses of assets relative to expected historical or projected future operating results;</font></div> </td> </tr> </table> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="DISPLAY: none; FONT-SIZE: 10pt"> </font></div> <table style="LINE-HEIGHT: 115%; WIDTH: 100%; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.75in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="72"></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.25in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">ii.</font></div> </td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">significant changes in the manner or use of assets or in the Company’s overall strategy with respect to the manner or use of the acquired assets or changes in the Company’s overall business strategy;</font></div> </td> </tr> </table> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="DISPLAY: none; FONT-SIZE: 10pt"> </font></div> <table style="LINE-HEIGHT: 115%; WIDTH: 100%; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.75in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="72"></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.25in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">iii.</font></div> </td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">significant negative industry or economic trends;</font></div> </td> </tr> </table> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="DISPLAY: none; FONT-SIZE: 10pt"> </font></div> <table style="LINE-HEIGHT: 115%; WIDTH: 100%; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.75in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="72"></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.25in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">iv.</font></div> </td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">increased competitive pressures;</font></div> </td> </tr> </table> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="DISPLAY: none; FONT-SIZE: 10pt"> </font></div> <table style="LINE-HEIGHT: 115%; WIDTH: 100%; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.75in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="72"></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.25in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">v.</font></div> </td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">a significant decline in the Company’s stock price for a sustained period of time; and</font></div> </td> </tr> </table> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="DISPLAY: none; FONT-SIZE: 10pt"> </font></div> <table style="LINE-HEIGHT: 115%; WIDTH: 100%; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.75in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="72"></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.25in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">vi.</font></div> </td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">regulatory changes. The Company evaluates acquired assets for potential impairment indicators at least annually and more frequently upon the occurrence of such events.</font></div> </td> </tr> </table> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="DISPLAY: none; FONT-SIZE: 10pt"> </font></div> <table style="LINE-HEIGHT: 115%; WIDTH: 100%; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.25in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24"></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.25in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">iv.</font></div> </td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">Valuation allowance for deferred tax assets: Management assumes that the realization of the Company’s net deferred tax assets resulting from its net operating loss (“NOL”) carryforwards for Federal income tax purposes that may be offset against future taxable income was not considered more likely than not and accordingly, the potential tax benefits of the net loss carry- forwards are offset by a full valuation allowance. Management made this assumption based on (a) the Company has incurred recurring losses, (b) general economic conditions, and (c) its ability to raise additional funds to support its daily operations by way of a public or private offering, among other factors.</font></div> </td> </tr> </table> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt 0.5in"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">These significant accounting estimates or assumptions bear the risk of change due to the fact that there are uncertainties attached to these estimates or assumptions, and certain estimates or assumptions are difficult to measure or value.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">Management regularly evaluates the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances, historical experience and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">Actual results could differ from those estimates.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2014	us-gaap	Inventory Write Down InventoryWriteDown	148967	USD
CY2014Q3	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	0	USD
CY2013	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	6300.00	USD
CY2013	us-gaap	Inventory Write Down InventoryWriteDown	148967	USD
CY2013Q3	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	0	USD
CY2013Q3	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	USD
CY2014Q3	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	USD
CY2013Q3	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	0	USD
CY2014Q3	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	0	USD
CY2013	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.0700	pure
CY2013	us-gaap	Effective Income Tax Rate Reconciliation Deductions EffectiveIncomeTaxRateReconciliationDeductions	-0.2180	pure
CY2014	us-gaap	Effective Income Tax Rate Reconciliation Deductions EffectiveIncomeTaxRateReconciliationDeductions	-0.3740	pure
CY2013	us-gaap	Effective Income Tax Rate Reconciliation Tax Credits EffectiveIncomeTaxRateReconciliationTaxCredits	-0.1560	pure
CY2014	us-gaap	Effective Income Tax Rate Reconciliation Tax Credits EffectiveIncomeTaxRateReconciliationTaxCredits	0.00	pure
CY2013	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.0360	pure
CY2014	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.0560	pure
CY2013Q3	us-gaap	Other Long Term Debt Noncurrent OtherLongTermDebtNoncurrent	0	USD
CY2014Q3	us-gaap	Other Long Term Debt Noncurrent OtherLongTermDebtNoncurrent	3865982	USD
CY2013	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	274150	USD
CY2014	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	0	USD
CY2014	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-156559	USD

Files In Submission

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0001144204-14-076190-index-headers.html	Edgar Link	pending
0001144204-14-076190-index.html	Edgar Link	pending
0001144204-14-076190.txt	Edgar Link	pending
0001144204-14-076190-xbrl.zip	Edgar Link	pending
ctei-20140930.xml	Edgar Link	completed
ctei-20140930.xsd	Edgar Link	pending
ctei-20140930_cal.xml	Edgar Link	unprocessable
ctei-20140930_def.xml	Edgar Link	unprocessable
ctei-20140930_lab.xml	Edgar Link	unprocessable
ctei-20140930_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
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report.css	Edgar Link	pending
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tlogo.jpg	Edgar Link	pending
v396914_10k.htm	Edgar Link	pending
v396914_ex31-1.htm	Edgar Link	pending
v396914_ex31-2.htm	Edgar Link	pending
v396914_ex32-1.htm	Edgar Link	pending
v396914_ex32-2.htm	Edgar Link	pending

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$CETX
CEMTREX INC Stock $cetx

2014 Q3 Form 10-K Financial Statement

#000114420414076190 Filed on December 29, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CETX CEMTREX INC Stock $cetx

2014 Q3 Form 10-K Financial Statement

#000114420414076190 Filed on December 29, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CETX
CEMTREX INC Stock $cetx