Ostin Technology Group Co (Ostin Technology Group Co) Equity-to-Asset : 0.25 (As of Sep. 2023)

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What is Ostin Technology Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ostin Technology Group Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $13.96 Mil. Ostin Technology Group Co's Total Assets for the quarter that ended in Sep. 2023 was $56.55 Mil. Therefore, Ostin Technology Group Co's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.25.

The historical rank and industry rank for Ostin Technology Group Co's Equity-to-Asset or its related term are showing as below:

OST' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17 Med: 0.2 Max: 0.44
Current: 0.25

During the past 5 years, the highest Equity to Asset Ratio of Ostin Technology Group Co was 0.44. The lowest was 0.17. And the median was 0.20.

OST's Equity-to-Asset is ranked worse than
89.5% of 2486 companies
in the Hardware industry
Industry Median: 0.57 vs OST: 0.25

Ostin Technology Group Co Equity-to-Asset Historical Data

The historical data trend for Ostin Technology Group Co's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ostin Technology Group Co Equity-to-Asset Chart

Ostin Technology Group Co Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Equity-to-Asset

0.20

0.17

0.19

0.44

0.25

Ostin Technology Group Co Semi-Annual Data
	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial				0.19	0.23	0.44	0.35	0.25

Competitive Comparison of Ostin Technology Group Co's Equity-to-Asset

For the Electronic Components subindustry, Ostin Technology Group Co's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ostin Technology Group Co's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ostin Technology Group Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ostin Technology Group Co's Equity-to-Asset falls into.

Ostin Technology Group Co Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Ostin Technology Group Co's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	13.958	/	56.549
	=	0.25

Ostin Technology Group Co's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	13.958	/	56.549
	=	0.25

Ostin Technology Group Co (NAS:OST) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Ostin Technology Group Co Equity-to-Asset Related Terms

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Ostin Technology Group Co (Ostin Technology Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ostin Technology Group Co Ltd (NAS:OST) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Kechuang Road, Building 2, 101/201, Qixia District, Nanjing, CHN, 210046

Website

http://www.austinelec.com

Ostin Technology Group Co Ltd is a supplier of display modules and polarizers in China. It designs, develops, and manufactures TFT-LCD modules in a wide range of sizes and customized sizes according to the specifications of its customers. Its display modules are mainly used in consumer electronics, commercial LCD displays, and automotive displays. The company also manufactures polarizers used in the TFT-LCD display modules and is in the process of developing polarizers for the OLED display panel.