Ostin Retained Earnings vs Non Current Assets Total Analysis

OST Stock

USD 0.22 0 1.09%

Ostin Technology financial indicator trend analysis is much more than just breaking down Ostin Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ostin Technology is a good investment. Please check the relationship between Ostin Technology Retained Earnings and its Non Current Assets Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ostin Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Retained Earnings vs Non Current Assets Total

Retained Earnings vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ostin Technology Retained Earnings account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Ostin Technology's Retained Earnings and Non Current Assets Total is -0.42. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Ostin Technology Group, assuming nothing else is changed. The correlation between historical values of Ostin Technology's Retained Earnings and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Ostin Technology Group are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Retained Earnings i.e., Ostin Technology's Retained Earnings and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.42

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Most indicators from Ostin Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ostin Technology current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ostin Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

At this time, Ostin Technology's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 15 M in 2024, despite the fact that Enterprise Value Multiple is likely to grow to (5.90).

	2021	2022	2023	2024 (projected)
Interest Expense	1.3M	1.3M	1.5M	1.1M
Depreciation And Amortization	2.6M	3.2M	3.7M	2.2M

Interest Expense Depreciation And Amortization

Ostin Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets
Total Assets		0.88	0.59	0.94	0.73	0.71	0.8	0.06	0.79	0.03	0.43	0.16	0.77	0.96	0.67	0.16	0.8	-0.43	-0.96	0.98	-0.49	0.56	0.94	0.88	0.89	0.7
Short Long Term Debt Total	0.88		0.2	0.8	0.69	0.8	0.88	-0.25	0.98	-0.15	0.1	-0.26	0.85	0.81	0.68	-0.26	0.68	-0.35	-0.81	0.79	-0.66	0.67	0.82	0.93	1.0	0.45
Other Current Liab	0.59	0.2		0.69	0.19	0.05	0.14	0.78	0.07	0.46	0.91	0.72	0.12	0.57	0.12	0.72	0.7	0.09	-0.55	0.68	0.29	-0.1	0.66	0.21	0.22	0.85
Total Current Liabilities	0.94	0.8	0.69		0.46	0.47	0.65	0.23	0.72	0.03	0.66	0.11	0.6	0.84	0.43	0.11	0.88	-0.24	-0.83	0.94	-0.34	0.31	1.0	0.69	0.8	0.78
Total Stockholder Equity	0.73	0.69	0.19	0.46		0.86	0.75	-0.23	0.6	0.09	-0.16	0.25	0.77	0.82	0.83	0.25	0.36	-0.65	-0.84	0.69	-0.54	0.8	0.47	0.9	0.7	0.32
Net Tangible Assets	0.71	0.8	0.05	0.47	0.86		0.96	-0.47	0.75	-0.31	-0.2	0.0	0.97	0.8	0.98	0.0	0.23	-0.42	-0.81	0.62	-0.78	0.97	0.51	0.89	0.77	0.09
Property Plant And Equipment Net	0.8	0.88	0.14	0.65	0.75	0.96		-0.45	0.84	-0.42	-0.02	-0.1	1.0	0.84	0.93	-0.1	0.36	-0.38	-0.85	0.72	-0.83	0.91	0.69	0.89	0.85	0.17
Current Deferred Revenue	0.06	-0.25	0.78	0.23	-0.23	-0.47	-0.45		-0.32	0.8	0.76	0.62	-0.47	-0.01	-0.44	0.62	0.49	0.4	0.03	0.17	0.82	-0.62	0.18	-0.26	-0.21	0.71
Net Debt	0.79	0.98	0.07	0.72	0.6	0.75	0.84	-0.32		-0.21	0.01	-0.42	0.8	0.7	0.61	-0.42	0.62	-0.26	-0.7	0.68	-0.66	0.63	0.74	0.88	0.98	0.36
Retained Earnings	0.03	-0.15	0.46	0.03	0.09	-0.31	-0.42	0.8	-0.21		0.3	0.5	-0.42	-0.03	-0.35	0.5	0.42	0.14	0.04	0.08	0.77	-0.44	-0.02	-0.05	-0.09	0.62
Accounts Payable	0.43	0.1	0.91	0.66	-0.16	-0.2	-0.02	0.76	0.01	0.3		0.47	-0.07	0.35	-0.15	0.47	0.66	0.27	-0.32	0.52	0.33	-0.35	0.63	-0.03	0.11	0.76
Cash	0.16	-0.26	0.72	0.11	0.25	0.0	-0.1	0.62	-0.42	0.5	0.47		-0.06	0.3	0.15	1.0	0.11	-0.04	-0.29	0.29	0.39	-0.03	0.09	-0.03	-0.25	0.4
Non Current Assets Total	0.77	0.85	0.12	0.6	0.77	0.97	1.0	-0.47	0.8	-0.42	-0.07	-0.06		0.83	0.95	-0.06	0.3	-0.4	-0.84	0.69	-0.84	0.94	0.64	0.88	0.81	0.13
Non Currrent Assets Other	0.96	0.81	0.57	0.84	0.82	0.8	0.84	-0.01	0.7	-0.03	0.35	0.3	0.83		0.79	0.3	0.66	-0.46	-1.0	0.95	-0.55	0.68	0.85	0.88	0.81	0.59
Other Assets	0.67	0.68	0.12	0.43	0.83	0.98	0.93	-0.44	0.61	-0.35	-0.15	0.15	0.95	0.79		0.15	0.13	-0.43	-0.81	0.61	-0.76	0.97	0.48	0.81	0.64	0.03
Cash And Short Term Investments	0.16	-0.26	0.72	0.11	0.25	0.0	-0.1	0.62	-0.42	0.5	0.47	1.0	-0.06	0.3	0.15		0.11	-0.04	-0.29	0.29	0.39	-0.03	0.09	-0.03	-0.25	0.4
Net Receivables	0.8	0.68	0.7	0.88	0.36	0.23	0.36	0.49	0.62	0.42	0.66	0.11	0.3	0.66	0.13	0.11		-0.07	-0.64	0.8	0.01	0.01	0.86	0.58	0.72	0.94
Common Stock Shares Outstanding	-0.43	-0.35	0.09	-0.24	-0.65	-0.42	-0.38	0.4	-0.26	0.14	0.27	-0.04	-0.4	-0.46	-0.43	-0.04	-0.07		0.48	-0.46	0.54	-0.47	-0.24	-0.53	-0.36	-0.03
Non Current Liabilities Total	-0.96	-0.81	-0.55	-0.83	-0.84	-0.81	-0.85	0.03	-0.7	0.04	-0.32	-0.29	-0.84	-1.0	-0.81	-0.29	-0.64	0.48		-0.94	0.57	-0.7	-0.84	-0.89	-0.81	-0.58
Inventory	0.98	0.79	0.68	0.94	0.69	0.62	0.72	0.17	0.68	0.08	0.52	0.29	0.69	0.95	0.61	0.29	0.8	-0.46	-0.94		-0.41	0.48	0.94	0.81	0.8	0.74
Other Current Assets	-0.49	-0.66	0.29	-0.34	-0.54	-0.78	-0.83	0.82	-0.66	0.77	0.33	0.39	-0.84	-0.55	-0.76	0.39	0.01	0.54	0.57	-0.41		-0.83	-0.39	-0.65	-0.61	0.25
Other Stockholder Equity	0.56	0.67	-0.1	0.31	0.8	0.97	0.91	-0.62	0.63	-0.44	-0.35	-0.03	0.94	0.68	0.97	-0.03	0.01	-0.47	-0.7	0.48	-0.83		0.35	0.79	0.63	-0.13
Total Liab	0.94	0.82	0.66	1.0	0.47	0.51	0.69	0.18	0.74	-0.02	0.63	0.09	0.64	0.85	0.48	0.09	0.86	-0.24	-0.84	0.94	-0.39	0.35		0.71	0.82	0.74
Net Invested Capital	0.88	0.93	0.21	0.69	0.9	0.89	0.89	-0.26	0.88	-0.05	-0.03	-0.03	0.88	0.88	0.81	-0.03	0.58	-0.53	-0.89	0.81	-0.65	0.79	0.71		0.93	0.42
Short Long Term Debt	0.89	1.0	0.22	0.8	0.7	0.77	0.85	-0.21	0.98	-0.09	0.11	-0.25	0.81	0.81	0.64	-0.25	0.72	-0.36	-0.81	0.8	-0.61	0.63	0.82	0.93		0.5
Total Current Assets	0.7	0.45	0.85	0.78	0.32	0.09	0.17	0.71	0.36	0.62	0.76	0.4	0.13	0.59	0.03	0.4	0.94	-0.03	-0.58	0.74	0.25	-0.13	0.74	0.42	0.5

Click cells to compare fundamentals

Ostin Technology Account Relationship Matchups

Ostin Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	62.9M	76.0M	57.2M	56.5M	65.0M	63.7M
Short Long Term Debt Total	15.4M	32.8M	21.5M	25.7M	29.5M	24.2M
Other Current Liab	12.5M	7.1M	3.0M	2.0M	1.8M	1.7M
Total Current Liabilities	51.4M	60.6M	31.5M	40.5M	46.6M	46.9M
Total Stockholder Equity	10.6M	14.3M	25.3M	14.0M	16.1M	15.7M
Property Plant And Equipment Net	14.9M	19.5M	19.4M	25.2M	29.0M	19.9M
Current Deferred Revenue	5.8M	4.5M	2.4M	648.4K	583.5K	554.3K
Net Debt	10.1M	32.1M	17.9M	24.8M	28.5M	21.6M
Retained Earnings	19.0K	2.7M	2.5M	(8.5M)	(7.6M)	(7.2M)
Accounts Payable	23.2M	17.6M	6.3M	10.8M	9.7M	11.0M
Cash	5.3M	684.3K	3.7M	854.5K	769.1K	730.6K
Non Current Assets Total	17.6M	21.8M	25.3M	32.1M	36.9M	24.0M
Non Currrent Assets Other	1.5M	1.5M	823.1K	248.0K	285.2K	299.5K
Cash And Short Term Investments	5.3M	684.3K	3.7M	854.5K	769.1K	730.6K
Net Receivables	12.9M	25.7M	6.4M	6.5M	5.8M	8.8M
Liabilities And Stockholders Equity	62.9M	76.0M	57.2M	56.5M	65.0M	63.7M
Non Current Liabilities Total	295.0K	199.6K	52.6K	1.9M	1.7M	1.6M
Capital Lease Obligations	295.0K	198.7K	89.9K	116.9K	134.4K	154.1K
Inventory	17.9M	18.7M	15.4M	14.4M	16.6M	17.2M
Other Current Assets	9.1M	7.7M	6.5M	2.5M	2.2M	2.1M
Total Liab	51.7M	60.8M	31.6M	42.5M	48.8M	47.5M
Net Invested Capital	25.7M	46.9M	46.8M	39.5M	45.4M	39.8M
Short Long Term Debt	15.1M	32.4M	21.4M	23.9M	27.5M	23.6M
Total Current Assets	45.3M	54.2M	31.9M	24.4M	22.0M	28.9M
Accumulated Other Comprehensive Income	98.1K	717.6K	(405.8K)	(833.8K)	(750.5K)	(712.9K)
Net Working Capital	(6.1M)	(6.4M)	402.7K	(16.1M)	(14.5M)	(13.8M)
Short Term Debt	15.2M	35.8M	22.0M	27.0M	31.1M	25.2M
Intangible Assets	1.8M	1.6M	4.3M	6.5M	7.4M	7.8M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC