GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ostin Technology Group Co Ltd (NAS:OST) » Definitions » Net Debt Paydown Yield %

Ostin Technology Group Co (Ostin Technology Group Co) Net Debt Paydown Yield % : 15.50% (As of May. 16, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Ostin Technology Group Co Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, Ostin Technology Group Co's Net Debt Paydown Yield % was 15.50%.


Ostin Technology Group Co Net Debt Paydown Yield % Historical Data

The historical data trend for Ostin Technology Group Co's Net Debt Paydown Yield % 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 Net Debt Paydown Yield % Chart

Ostin Technology Group Co Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Net Debt Paydown Yield %
- - - -11.13 11.24

Ostin Technology Group Co Semi-Annual Data
Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net Debt Paydown Yield % Get a 7-Day Free Trial Premium Member Only - - -11.13 70.37 11.24

Competitive Comparison of Ostin Technology Group Co's Net Debt Paydown Yield %

For the Electronic Components subindustry, Ostin Technology Group Co's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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 Net Debt Paydown Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ostin Technology Group Co's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where Ostin Technology Group Co's Net Debt Paydown Yield % falls into.



Ostin Technology Group Co Net Debt Paydown Yield % Calculation

Ostin Technology Group Co's Net Debt Paydown Yield % for the quarter that ended in Sep. 2023 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 26.51-25.42 )/9.7343785
=11.24 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Ostin Technology Group Co  (NAS:OST) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


Ostin Technology Group Co Net Debt Paydown Yield % Related Terms

Thank you for viewing the detailed overview of Ostin Technology Group Co's Net Debt Paydown Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Traded in Other Exchanges
N/A
Address
1 Kechuang Road, Building 2, 101/201, Qixia District, Nanjing, CHN, 210046
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.

Ostin Technology Group Co (Ostin Technology Group Co) Headlines

From GuruFocus