Ostin Technology Group Co (Ostin Technology Group Co) Interest Expense : $-1.27 Mil (TTM As of Sep. 2023)

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What is Ostin Technology Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ostin Technology Group Co's interest expense for the six months ended in Sep. 2023 was $ -0.73 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.27 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Ostin Technology Group Co's Operating Income for the six months ended in Sep. 2023 was $ -4.92 Mil. Ostin Technology Group Co's Interest Expense for the six months ended in Sep. 2023 was $ -0.73 Mil. Ostin Technology Group Co did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ostin Technology Group Co Interest Expense Historical Data

The historical data trend for Ostin Technology Group Co's Interest Expense 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.

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Ostin Technology Group Co Interest Expense Chart

Ostin Technology Group Co Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

-0.63

-0.69

-1.11

-1.29

-1.27

Ostin Technology Group Co Semi-Annual Data
	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial				-0.66	-0.74	-0.55	-0.55	-0.73

Ostin Technology Group Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.27 Mil.

Ostin Technology Group Co (NAS:OST) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ostin Technology Group Co's Interest Expense for the six months ended in Sep. 2023 was $-0.73 Mil. Its Operating Income for the six months ended in Sep. 2023 was $-4.92 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was $1.66 Mil.

Ostin Technology Group Co's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Ostin Technology Group Co did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

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 » Interest Expense

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Traded in Other Exchanges

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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.