Ostin Technology Group Co., Ltd. (OST) Balance Sheet
OST balance sheet, FY2025
September 30, 2025 · U.S. dollars$53.2M assets = $42.3M liabilities + $11.0M equity
Both columns are drawn to the same scale: what OST owns equals what it owes plus shareholders’ equity. Hover a block for its value.
OST financial health
Descriptive bands, not a rating. Fiscal FY2025.
OST balance sheet trends, FY2018–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $22.7MFY2018 | $53.2MFY2025 | +13.0%/yr | |
| Total liabilities | $17.5MFY2018 | $42.3MFY2025 | +13.4%/yr | |
| Shareholders’ equity | $4.8MFY2018 | $7.0MFY2025 | +5.5%/yr | |
| Cash & short-term investments | $1.5MFY2018 | $5.1MFY2025 | +19.2%/yr | |
| Total debt | $9.3MFY2018 | $25.6MFY2025 | +15.6%/yr | |
| Net cash (debt) | −$7.8MFY2018 | −$20.6MFY2025 | −$12.7M | |
| Working capital | −$1.5MFY2018 | −$21.4MFY2025 | −$19.9M | |
| Current ratio | 0.91FY2018 | 0.46FY2025 | −0.45 | |
| Debt / equity | 1.94FY2018 | 3.66FY2025 | +1.72 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
OST assets
OST liabilities and equity
OST debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
OST balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & short-term investments | $5.1M | $1.0M | $854,518 | $3.7M | $684,335 | $5.3M | $1.3M | $1.5M |
| Cash & equivalents | $5.1M | $1.0M | $854,518 | $3.7M | $684,335 | $5.3M | $1.3M | $1.5M |
| Receivables | $4.2M | $6.0M | $7.1M | $6.4M | $27.0M | $12.9M | $3.8M | $3.9M |
| Inventory | $8.0M | $13.5M | $15.9M | $21.5M | $26.0M | $26.5M | $17.7M | $10.3M |
| Other current assets | $1.1M | $314,922 | $523,252 | $358,557 | $544,534 | $551,128 | $1.7M | $238,450 |
| Total current assets | $18.4M | $20.8M | $24.4M | $31.9M | $54.2M | $45.3M | $24.6M | $16.0M |
| Property, plant & equipment (net) | $29.7M | $24.5M | $25.2M | $19.4M | $19.5M | $14.9M | $11.4M | $5.9M |
| Goodwill & intangible assets | $3.6M | $4.3M | $6.5M | $4.3M | $1.6M | $1.8M | $613,140 | $0 |
| Long-term investments | $0 | $0 | $205,592 | $210,867 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.6M | $1.4M | $248,011 | $1.4M | $673,179 | $882,011 | $543,790 | $743,921 |
| Total assets | $53.2M | $51.1M | $56.5M | $57.2M | $76.0M | $62.9M | $37.1M | $22.7M |
| Liabilities | ||||||||
| Accounts payable | $8.1M | $6.3M | $10.8M | $6.3M | $17.6M | $23.2M | $11.8M | $5.4M |
| Short-term debt | $23.2M | $30.9M | $27.0M | $22.0M | $32.6M | $16.1M | $14.1M | $9.3M |
| Deferred revenue | $1.3M | $1.0M | $648,359 | $2.4M | $5.7M | $5.8M | $2.6M | $1.3M |
| Total current liabilities | $39.7M | $41.0M | $40.5M | $31.6M | $60.6M | $51.0M | $29.4M | $17.5M |
| Long-term debt | $2.4M | $1.7M | $1.6M | $0 | $194,022 | $454,206 | $0 | $0 |
| Lease obligations | $0 | $84,536 | $116,895 | $89,917 | $198,744 | $295,011 | $0 | — |
| Other long-term liabilities | $162,981 | $516,940 | $284,485 | $52,590 | $5,583 | $246,392 | $27.9M | $0 |
| Total liabilities | $42.3M | $43.2M | $42.5M | $31.6M | $60.8M | $51.7M | $29.4M | $17.5M |
| Shareholders' equity | ||||||||
| Common stock & paid-in capital | $149,799 | $1,772 | $1,401 | $1,401 | $1,013 | $1,013 | $1,013 | $3,730 |
| Retained earnings (deficit) | −$28.5M | −$17.0M | −$7.0M | $4.0M | $3.8M | $682,778 | −$2.0M | −$3.1M |
| Accumulated other comprehensive income | −$730,839 | −$2.2M | −$2.3M | −$1.9M | −$316,016 | −$565,674 | −$971,808 | −$647,254 |
| Minority interest | $4.0M | $2.7M | $130,220 | $289,000 | — | — | — | — |
| Total shareholders' equity | $7.0M | $5.2M | $14.0M | $25.3M | $14.3M | $10.6M | $7.3M | $4.8M |
| Key figures | ||||||||
| Total debt | $25.6M | $32.7M | $28.7M | $22.0M | $32.8M | $16.8M | $14.1M | $9.3M |
| Net cash (debt) | −$20.6M | −$31.6M | −$27.8M | −$18.4M | −$32.1M | −$11.5M | −$12.7M | −$7.8M |
| Working capital | −$21.4M | −$20.1M | −$16.1M | $352,319 | −$6.4M | −$5.7M | −$4.8M | −$1.5M |
| Tangible book value | $3.4M | $930,971 | $7.5M | $21.1M | $12.7M | $8.8M | $6.6M | $4.8M |
| Book value per share | $3.06 | — | — | — | — | — | — | — |
| Shares outstanding | 2.3M | — | — | — | — | — | — | — |
| Current ratio | 0.46 | 0.51 | 0.60 | 1.01 | 0.89 | 0.89 | 0.84 | 0.91 |
| Quick ratio | 0.23 | 0.17 | 0.20 | 0.32 | 0.46 | 0.36 | 0.17 | 0.31 |
| Debt / equity | 3.66 | 6.29 | 2.05 | 0.87 | 2.29 | 1.58 | 1.94 | 1.94 |
| Equity / assets | 13.1% | 10.2% | 24.7% | 44.3% | 18.9% | 16.8% | 19.6% | 21.2% |
| Mar '26 | Dec '25 | Sep '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.8M | $5.1M | $5.1M | $1.7M | $1.7M | $1.0M | $1.0M | $1.7M | $1.7M | $854,518 | $854,518 | $2.6M |
| Cash & equivalents | $1.8M | $5.1M | $5.1M | $1.7M | $1.7M | $1.0M | $1.0M | $1.7M | $1.7M | $854,518 | $854,518 | $2.6M |
| Receivables | $5.1M | $4.2M | $3.5M | $5.8M | $4.7M | $6.0M | $3.9M | $5.4M | $4.8M | $7.1M | $6.5M | $5.3M |
| Inventory | $6.1M | $8.0M | $6.3M | $15.6M | $15.6M | $13.5M | $13.5M | $13.0M | $13.0M | $15.9M | $15.9M | $19.3M |
| Other current assets | $2.2M | $1.1M | $3.4M | $304,546 | $1.5M | $314,922 | $2.4M | $836,924 | $1.5M | $523,252 | $1.2M | $1.1M |
| Total current assets | $15.1M | $18.4M | $18.4M | $23.4M | $23.4M | $20.8M | $20.8M | $21.0M | $21.0M | $24.4M | $24.4M | $28.3M |
| Property, plant & equipment (net) | $33.1M | $29.7M | $29.7M | $24.1M | $24.1M | $24.5M | $24.5M | $23.8M | $23.8M | $25.2M | $25.2M | $23.4M |
| Goodwill & intangible assets | $4.2M | $3.6M | $4.9M | $3.7M | $5.1M | $4.3M | $5.7M | $6.1M | $6.1M | $6.5M | $6.5M | $4.4M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $207,748 | $0 | $205,592 | $0 | $218,417 |
| Other non-current assets | $1.7M | $1.6M | $310,437 | $1.4M | $0 | $1.4M | $0 | $267,823 | $475,571 | $248,011 | $453,603 | $1.3M |
| Total assets | $54.1M | $53.2M | $53.2M | $52.6M | $52.6M | $51.1M | $51.1M | $51.4M | $51.4M | $56.5M | $56.5M | $57.7M |
| Liabilities | ||||||||||||
| Accounts payable | $6.9M | $8.1M | $8.1M | $8.7M | $8.7M | $6.3M | $6.3M | $5.3M | $5.3M | $10.8M | $10.8M | $7.0M |
| Short-term debt | $25.4M | $23.2M | — | $29.3M | $29.3M | $30.9M | $30.9M | $26.6M | $30.8M | $27.0M | $27.0M | $27.0M |
| Deferred revenue | $790,915 | $1.3M | — | $1.4M | $1.0M | $1.0M | $1.2M | $1.2M | $223,262 | $648,359 | — | $2.7M |
| Total current liabilities | $40.9M | $39.7M | $39.7M | $44.8M | $44.8M | $41.0M | $41.0M | $39.1M | $39.1M | $40.5M | $40.5M | $37.2M |
| Long-term debt | $4.6M | $0 | $2.4M | $1.7M | $0 | $1.7M | $0 | $0 | $0 | $1.6M | $0 | $291,223 |
| Lease obligations | — | — | $0 | $81,750 | — | $84,536 | — | $0 | — | $116,895 | — | $87,367 |
| Other long-term liabilities | $93,452 | $2.6M | $162,981 | $291,829 | $1.9M | $516,940 | $2.2M | $725,175 | $725,175 | $284,485 | $1.9M | $47,280 |
| Total liabilities | $45.6M | $42.3M | $42.3M | $46.8M | $46.8M | $43.2M | $43.2M | $39.8M | $39.8M | $42.5M | $42.5M | $37.5M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $149,799 | $149,799 | — | $3,047 | $3,047 | $1,772 | $1,772 | $1,681 | $1,681 | $1,401 | $1,401 | $1,401 |
| Retained earnings (deficit) | −$33.3M | −$28.5M | −$28.5M | −$22.2M | −$22.2M | −$17.0M | −$17.0M | −$11.6M | −$11.6M | −$7.0M | −$7.0M | −$1.0M |
| Accumulated other comprehensive income | −$453,938 | −$730,839 | — | −$1.2M | −$1.2M | −$2.2M | −$2.2M | −$2.3M | −$2.3M | −$2.3M | −$2.3M | −$2.3M |
| Minority interest | $6.0M | — | $4.0M | $3.1M | — | — | — | — | — | — | — | — |
| Total shareholders' equity | $2.5M | $7.0M | $7.0M | $2.7M | $2.7M | $5.2M | $5.2M | $10.3M | $10.3M | $14.0M | $14.0M | $19.9M |
| Key figures | ||||||||||||
| Total debt | $30.0M | $25.6M | $2.4M | $31.0M | $31.0M | $32.7M | $32.7M | $26.6M | $30.8M | $28.7M | $28.6M | $27.3M |
| Net cash (debt) | −$28.2M | −$20.6M | $2.7M | −$29.3M | −$29.3M | −$31.6M | −$31.6M | −$24.9M | −$29.1M | −$27.8M | −$27.7M | −$24.6M |
| Working capital | −$25.7M | −$21.4M | −$21.4M | −$21.4M | −$21.4M | −$20.1M | −$20.1M | −$18.1M | −$18.1M | −$16.1M | −$16.1M | −$8.9M |
| Tangible book value | −$1.7M | $3.4M | $2.1M | −$1.0M | −$2.4M | $930,971 | −$516,979 | $4.1M | $4.1M | $7.5M | $7.5M | $15.5M |
| Book value per share | $0.42 | $3.06 | $1.17 | — | — | — | $3.70 | — | $0.65 | — | $1.00 | — |
| Shares outstanding | 6.0M | 2.3M | 6.0M | — | — | — | 1.4M | — | 15.8M | — | 14.0M | — |
| Current ratio | 0.37 | 0.46 | 0.46 | 0.52 | 0.52 | 0.51 | 0.51 | 0.54 | 0.54 | 0.60 | 0.60 | 0.76 |
| Quick ratio | 0.17 | 0.23 | 0.22 | 0.17 | 0.14 | 0.17 | 0.12 | 0.18 | 0.17 | 0.20 | 0.18 | 0.21 |
| Debt / equity | 11.90 | 3.66 | 0.34 | 11.56 | 11.56 | 6.29 | 6.29 | 2.59 | 3.00 | 2.05 | 2.05 | 1.37 |
| Equity / assets | 4.7% | 13.1% | 13.1% | 5.1% | 5.1% | 10.2% | 10.2% | 20.0% | 20.0% | 24.7% | 24.7% | 34.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed January 26, 2026); data from EODHD.
OST financial position
At the end of fiscal 2025 (September 30, 2025), Ostin Technology had total assets of $53.2 million (up 4.3% from a year earlier), total liabilities of $42.3 million and shareholders' equity of $7.0 million. It held $5.1 million in cash and short-term investments against $25.6 million of debt, net debt of $20.6 million. Its current ratio was 0.46. In the latest quarter (ended March 31, 2026) total assets were $54.1 million and equity $2.5 million.
Related: OST income statement, OST cash flow statement, OST key metrics. See the OST stock overview for the latest quote and news.
OST balance sheet FAQ
What are Ostin Technology's total assets?
Ostin Technology reported total assets of $53.2 million at the end of fiscal 2025 (September 30, 2025), compared with $51.1 million a year earlier.
How much debt does Ostin Technology have?
Ostin Technology had $25.6 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 3.66.
How much cash does Ostin Technology have?
Ostin Technology held $5.1 million in cash and short-term investments at the end of fiscal 2025; with $25.6 million of debt that is net debt of $20.6 million.
What is Ostin Technology's book value?
Ostin Technology's shareholders' equity (book value) was $7.0 million at the end of fiscal 2025, or $3.06 per share.
What is Ostin Technology's current ratio?
Ostin Technology had current assets of $18.4 million and current liabilities of $39.7 million, a current ratio of 0.46 (current liabilities exceed current assets).
How much goodwill does Ostin Technology have?
Ostin Technology carried $3.6 million of goodwill and intangible assets, 6.7% of total assets, at the end of fiscal 2025.