Ostin Technology Group Balance Sheet Health
Financial Health criteria checks 3/6
Ostin Technology Group has a total shareholder equity of $11.7M and total debt of $30.8M, which brings its debt-to-equity ratio to 264.4%. Its total assets and total liabilities are $51.4M and $39.8M respectively.
Key information
264.4%
Debt to equity ratio
US$30.83m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.74m |
| Equity | US$11.66m |
| Total liabilities | US$39.78m |
| Total assets | US$51.44m |
Recent financial health updates
Recent updates
Revenues Working Against Ostin Technology Group Co., Ltd.'s (NASDAQ:OST) Share Price Following 37% Dive
Nov 22
Ostin Technology Group Co., Ltd.'s (NASDAQ:OST) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Oct 05Revenues Working Against Ostin Technology Group Co., Ltd.'s (NASDAQ:OST) Share Price
Jun 14Revenues Working Against Ostin Technology Group Co., Ltd.'s (NASDAQ:OST) Share Price
Jan 18Market Still Lacking Some Conviction On Ostin Technology Group Co., Ltd. (NASDAQ:OST)
Jul 19Ostin Technology GAAP EPS of $0.11, revenue of $60.09M
Aug 19Financial Position Analysis
Short Term Liabilities: OST's short term assets ($21.0M) do not cover its short term liabilities ($39.1M).
Long Term Liabilities: OST's short term assets ($21.0M) exceed its long term liabilities ($725.2K).
Debt to Equity History and Analysis
Debt Level: OST's net debt to equity ratio (249.4%) is considered high.
Reducing Debt: Insufficient data to determine if OST's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: OST has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: OST is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.