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Ostin Technology Group Co (Ostin Technology Group Co) Total Current Liabilities : $40.53 Mil (As of Sep. 2023)


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What is Ostin Technology Group Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Ostin Technology Group Co's total current liabilities for the quarter that ended in Sep. 2023 was $40.53

Ostin Technology Group Co Total Current Liabilities Historical Data

The historical data trend for Ostin Technology Group Co's Total Current Liabilities 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 Total Current Liabilities Chart

Ostin Technology Group Co Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Total Current Liabilities
29.40 50.97 60.57 31.56 40.53

Ostin Technology Group Co Semi-Annual Data
Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only 60.57 50.78 31.56 37.15 40.53

Ostin Technology Group Co Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Ostin Technology Group Co's Total Current Liabilities for the fiscal year that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=14.937+24.02
+Other Current Liabilities+Current Deferred Liabilities
=0+1.574
=40.53

Ostin Technology Group Co's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=14.937+24.02
+Other Current Liabilities+Current Deferred Liabilities
=0+1.574
=40.53

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Ostin Technology Group Co Total Current Liabilities 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 » Total Current Liabilities
Comparable Companies
TNLX MTEK IMTE SGMA NEON TMPO IEHC INRD LGL MPAD APH TPE:2317 TEL TSE:6981 SZSE:002475 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL
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.

Ostin Technology Group Co (Ostin Technology Group Co) Headlines

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