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TAL Education Group (TAL Education Group) Equity-to-Asset : 0.74 (As of Nov. 2023)


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What is TAL Education Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TAL Education Group's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $3,622 Mil. TAL Education Group's Total Assets for the quarter that ended in Nov. 2023 was $4,913 Mil. Therefore, TAL Education Group's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.74.

The historical rank and industry rank for TAL Education Group's Equity-to-Asset or its related term are showing as below:

TAL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.44   Max: 0.82
Current: 0.74

During the past 13 years, the highest Equity to Asset Ratio of TAL Education Group was 0.82. The lowest was 0.30. And the median was 0.44.

TAL's Equity-to-Asset is ranked better than
81.65% of 267 companies
in the Education industry
Industry Median: 0.52 vs TAL: 0.74

TAL Education Group Equity-to-Asset Historical Data

The historical data trend for TAL Education Group's Equity-to-Asset 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.

TAL Education Group Equity-to-Asset Chart

TAL Education Group Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.45 0.43 0.79 0.81

TAL Education Group Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 0.81 0.77 0.79 0.74

Competitive Comparison of TAL Education Group's Equity-to-Asset

For the Education & Training Services subindustry, TAL Education Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


TAL Education Group's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, TAL Education Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where TAL Education Group's Equity-to-Asset falls into.



TAL Education Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

TAL Education Group's Equity to Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Equity to Asset (A: Feb. 2023 )=Total Stockholders Equity/Total Assets
=3844.643/4724.354
=0.81

TAL Education Group's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=3621.795/4913.323
=0.74

* 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.


TAL Education Group  (NYSE:TAL) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


TAL Education Group Equity-to-Asset Related Terms

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TAL Education Group (TAL Education Group) Business Description

Address
Xiaoying West Street, 5th Floor, Tower B, Heying Center, Haidian District, Beijing, CHN, 100085
TAL Education Group is a smart learning solutions provider in China. K-9 academic afterschool tutoring used to account for the majority of TAL's revenue before the regulatory changes in 2021 that imposed a nonprofit requirement on the business. After spinning off its K-9 academic afterschool tutoring business, TAL realigned its focus toward enrichment learning, content solutions, and learning technology solutions.

TAL Education Group (TAL Education Group) Headlines

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