Educational Development (Educational Development) Debt-to-Equity : 0.72 (As of Nov. 2023)

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What is Educational Development Debt-to-Equity?

Educational Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $6.80 Mil. Educational Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $27.08 Mil. Educational Development's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $47.12 Mil. Educational Development's debt to equity for the quarter that ended in Nov. 2023 was 0.72.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Educational Development's Debt-to-Equity or its related term are showing as below:

EDUC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.77 Max: 1.98
Current: 0.72

During the past 13 years, the highest Debt-to-Equity Ratio of Educational Development was 1.98. The lowest was 0.04. And the median was 0.77.

EDUC's Debt-to-Equity is ranked worse than
70.69% of 846 companies
in the Media - Diversified industry
Industry Median: 0.28 vs EDUC: 0.72

Educational Development Debt-to-Equity Historical Data

The historical data trend for Educational Development's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Educational Development Debt-to-Equity Chart

Educational Development Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Debt-to-Equity

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0.76

0.64

0.40

0.91

1.01

Educational Development Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															0.95	1.01	1.04	0.97	0.72

Competitive Comparison of Educational Development's Debt-to-Equity

For the Publishing subindustry, Educational Development's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Educational Development's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Educational Development's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Educational Development's Debt-to-Equity falls into.

Educational Development Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Educational Development's Debt to Equity Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(45.529	+	0)	/	45.232
	=	1.01

Educational Development's Debt to Equity Ratio for the quarter that ended in Nov. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(6.798	+	27.079)	/	47.115
	=	0.72

Educational Development (NAS:EDUC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Educational Development Debt-to-Equity Related Terms

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Educational Development (Educational Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Educational Development Corp (NAS:EDUC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5402 South 122nd East Avenue, Tulsa, OK, USA, 74146

Website

https://www.edcpub.com

Educational Development Corp is the United States trade publisher of the line of educational children's books produced in the United Kingdom. Its business activity functions with two reportable segments: Direct Sales Division segment and Publishing Division segment. The Publishing Division segment markets its products to retail accounts, which include the book, school supplies, toy and gift stores and museums, through commissioned sales representatives, trade and specialty wholesalers and an internal telesales group. The Direct Sales Division segment sells their books and products through independent brand partners direct to the customer. It derives a majority of revenue from the Direct sales division segment.

Executives

O Keefe Daniel E	officer: Chief Financial Officer	1221 E HOUSTON, BROKEN ARROW OK 74012
Heather N. Cobb	officer: Chief Sales & Marketing Offcr	5402 S. 122ND ST. EAST AVE., TULSA OK 74137
Craig M White	officer: VP, Operations	10302 E 55TH PL, TULSA OK 74146
Bradely Von Stoots	director	5402 S. 122ND EAST AVE, TULSA OK 74146
Randall W White	director, 10 percent owner, officer: President & CEO
Joshua J Peters	director	5402 S. 122ND EAST AVE, TULSA OK 74146
Ronald T Mcdaniel	officer: Vice President
Besty Richert	director	5402 S. 122ND EAST AVE, TULSA OK 74146
Kara Gae Neal	director	5402 S. 122ND EAST AVE, TULSA OK 74146
James F Lewis	director
G Dean Cosgrove	director
William C Fossett	officer: Controller & Corporate Secreta
John A Clerico	director	3132 S COLUMBIA CIRCLE, TULSA OK 74105
Robert D Berryhill	director	PO BOX 1120, BIXBY OK 74008
Kathy Slemp	officer: Vice President