Ostin Quick Ratio from 2010 to 2024

OST Stock  USD 0.22  0.01  4.76%   
Ostin Technology Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 0.23 in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
0.24
Current Value
0.23
Quarterly Volatility
0.11274337
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ostin Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ostin Technology's main balance sheet or income statement drivers, such as Tax Provision of 274.5 K, Depreciation And Amortization of 2.2 M or Interest Expense of 1.1 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.002 or PTB Ratio of 0.76. Ostin financial statements analysis is a perfect complement when working with Ostin Technology Valuation or Volatility modules.
  
Check out the analysis of Ostin Technology Correlation against competitors.

Latest Ostin Technology's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Ostin Technology Group over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Ostin Technology's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ostin Technology's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Very volatile
   Quick Ratio   
       Timeline  

Ostin Quick Ratio Regression Statistics

Arithmetic Mean0.36
Geometric Mean0.34
Coefficient Of Variation31.63
Mean Deviation0.09
Median0.32
Standard Deviation0.11
Sample Variance0.01
Range0.3763
R-Value0.06
Mean Square Error0.01
R-Squared0
Significance0.84
Slope0
Total Sum of Squares0.18

Ostin Quick Ratio History

2024 0.23
2023 0.24
2022 0.21
2021 0.52
2020 0.59
2019 0.53
2018 0.44

About Ostin Technology Financial Statements

Ostin Technology shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Ostin Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Ostin Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ostin Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 0.24  0.23 

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Additional Tools for Ostin Stock Analysis

When running Ostin Technology's price analysis, check to measure Ostin Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ostin Technology is operating at the current time. Most of Ostin Technology's value examination focuses on studying past and present price action to predict the probability of Ostin Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ostin Technology's price. Additionally, you may evaluate how the addition of Ostin Technology to your portfolios can decrease your overall portfolio volatility.