Ostin Technology Group Co., Ltd.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Ostin Technology Group Co., Ltd.'s balance sheet done over the years? Its assets were worth $56,548,761 last year, which is less than in the previous period. 75% of Ostin Technology Group Co., Ltd.’s total assets is currently financed by debt. Its liabilities reached the amount of $42,460,629, which means an increase by 35% compared compared to last year.
Debt to Assets
| 2019 | 37092155 | 29.40M | 79.27% |
|---|---|---|---|
| 2020 | 62929137 | 51.66M | 82.1% |
| 2021 | 75966481 | 60.76M | 79.99% |
| 2022 | 57183426 | 31.55M | 55.19% |
| 2023 | 56548761 | 42.46M | 75.09% |
OST Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 854.51K | 3.65M | 684.33K | 5.34M | 1.34M |
Short term investments | 0 | 0 | 0 | 0 | 0 |
Net receivables | 7.13M | 6.57M | 26.09M | 12.89M | 3.79M |
Inventory | 15.92M | 15.43M | 18.68M | 17.94M | 11.69M |
Other current assets | 523.25K | 6.24M | 8.72M | 9.10M | 7.75M |
Total current assets | 24.43M | 31.90M | 54.19M | 45.29M | 24.58M |
Non-current assets: | |||||
Property, Plant and Equipment | 25.19M | 19.42M | 19.47M | 14.94M | 11.35M |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 6.45M | 4.25M | 1.62M | 1.80M | 613.14K |
Long term investments | 205.59K | 210.86K | -1.49M | -1.50M | 11.96M |
Other non-current assets | 248.01K | 823.11K | 1.49M | 1.50M | -11.96M |
Total non-current assets | 32.11M | 25.27M | 21.77M | 17.63M | 12.50M |
Total assets | 56.54M | 57.18M | 75.96M | 62.92M | 37.09M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 648.35K | 2.41M | 4.50M | 5.75M | 2.58M |
Short term debt | 27.02M | 21.53M | 32.61M | 15.13M | 14.53M |
Total current liabilities | 40.53M | 31.50M | 60.56M | 51.37M | 29.40M |
| Non-current liabilities: | |||||
Long term debt | 1.65M | 89.91K | 199.60K | 295.01K | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 271.59K | -37.32K | 0 | 0 | 0 |
Total non-current liabilities | 1.92M | 52.59K | 199.60K | 295.01K | 0 |
Total liabilities | 42.46M | 31.55M | 60.76M | 51.66M | 29.40M |
| Data source | Data source |