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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 18:08 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ostin Technology Group Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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