Ostin Technology Group Co Ltd (OST)
0.47
+0.05
(+12.28%)
USD |
NASDAQ |
May 17, 16:00
0.47
0.00 (0.00%)
After-Hours: 20:00
Ostin Technology Group Debt to Equity Ratio: 1.831 for Sept. 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2023 | 1.831 |
| March 31, 2023 | 1.256 |
| September 30, 2022 | 0.8364 |
| March 31, 2022 | 2.004 |
| Date | Value |
|---|---|
| September 30, 2021 | 2.277 |
| March 31, 2021 | 1.292 |
| September 30, 2020 | 1.470 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.8364
Minimum
Sep 2022
2.277
Maximum
Sep 2021
1.567
Average
1.470
Median
Sep 2020
Debt to Equity Ratio Benchmarks
| China Changjiang Mining & New Energy Co Ltd | -- |
| Nano Labs Ltd | -9.752 |
| LGL Group Inc | 0.00 |
| Vuzix Corp | 0.00 |
| M-Tron Industries Inc | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 56.55M |
| Total Liabilities (Quarterly) | 42.46M |
| Shareholders Equity (Quarterly) | 13.96M |
| Current Ratio | 0.6029 |
| Net Debt Paydown Yield | 20.76% |