Clean Energy Technologies (CETY) Financials

Clean Energy Technologies, Inc. (CETY), a leading provider of clean energy solutions, recently released its financials for the year. The company's income statement showed a steady increase in revenue, with total revenue reaching an all-time high. This strong performance was driven by the growing demand for clean energy technologies.

CETY's gross profit also saw a significant improvement, indicating that the company is effectively managing its costs. This is reflected in the positive EBITDA and EBIT figures, which demonstrate the company's ability to generate earnings from its operations.

One of the key highlights of CETY's financials is the positive net income from stockholders. This indicates that the company's shareholders are benefiting from its success. Moreover, the balance sheet reveals a healthy stockholders' equity, indicating a strong financial position.

CETY's total assets and total liabilities also confirm the company's financial stability. The company has invested in cash equivalents, which further strengthen its liquidity position. Additionally, CETY has kept its net debt to a minimum, reducing its financial risk.

The cash flow statement further highlights CETY's strong financial performance. The operating cash flow demonstrates the company's ability to generate cash from its day-to-day operations. The financing cash flow reflects the company's strategic decisions regarding financing activities.

CETY's free cash flow, which represents the cash left after meeting all operational and capital expenditure requirements, shows the company's ability to invest in growth opportunities. Lastly, the investing cash flow indicates the company's investment activities in acquiring new assets or strategic partnerships.