Gaotu Techedu (Gaotu Techedu) Total Liabilities : $323.1 Mil (As of Dec. 2023)

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What is Gaotu Techedu Total Liabilities?

Gaotu Techedu's Total Liabilities for the quarter that ended in Dec. 2023 was $323.1 Mil.

Gaotu Techedu's quarterly Total Liabilities declined from Jun. 2023 ($233.41 Mil) to Sep. 2023 ($218.55 Mil) but then increased from Sep. 2023 ($218.55 Mil) to Dec. 2023 ($323.11 Mil).

Gaotu Techedu's annual Total Liabilities declined from Dec. 2021 ($336.57 Mil) to Dec. 2022 ($255.37 Mil) but then increased from Dec. 2022 ($255.37 Mil) to Dec. 2023 ($323.11 Mil).

Gaotu Techedu Total Liabilities Historical Data

The historical data trend for Gaotu Techedu's Total Liabilities 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.

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Gaotu Techedu Total Liabilities Chart

Gaotu Techedu Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

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261.94

757.87

336.57

255.37

323.11

Gaotu Techedu Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Liabilities	Get a 7-Day Free Trial															255.37	229.10	233.41	218.55	323.11

Gaotu Techedu Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Gaotu Techedu's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	276.363	+	(19.278	+	-3.5527136788005E-15
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	27.465	+	0)
	=	323.1

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	758.145	-	435.039
	=	323.1

Gaotu Techedu's Total Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	276.363	+	(19.278	+	-3.5527136788005E-15
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	27.465	+	0)
	=	323.1

Total Liabilities	=	Total Assets (Q: Dec. 2023 )	-	Total Equity (Q: Dec. 2023 )
	=	758.145	-	435.039
	=	323.1

Gaotu Techedu Total Liabilities Related Terms

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Gaotu Techedu (Gaotu Techedu) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Gaotu Techedu Inc (NYSE:GOTU) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

18WA:Germany

Address

10 Xibeiwang East Road, 5th Floor, Gientech Building, 17 East Zone, Haidian District, Beijing, CHN, 100193

Website

https://ir.gaotu.cn

Gaotu Techedu Inc is a technology-driven education company with core expertise in online K-12 courses. Its K-12 courses cover all primary and secondary grades. It also offers foreign language, professional, and interest courses. The company's segment includes the provision of education services. It operates solely in the PRC and all assets are located in the PRC.