GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » G8 Education Ltd (ASX:GEM) » Definitions » Balance Sheet Cash And Cash Equivalents

G8 Education (ASX:GEM) Balance Sheet Cash And Cash Equivalents


View and export this data going back to 2007. Start your Free Trial

What is G8 Education Balance Sheet Cash And Cash Equivalents?

Please go to this page to see Cash And Cash Equivalents for non-financial companies.


G8 Education (ASX:GEM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » G8 Education Ltd (ASX:GEM) » Definitions » Balance Sheet Cash And Cash Equivalents
Traded in Other Exchanges
Address
159 Varsity Parade, Varsity Lakes, Gold Coast, QLD, AUS, 4227
G8 Education Ltd operates a portfolio of around 438 childcare centres in Australia, implying a market share of less than 10%. The company relies on government subsidies, which comprise around 60% of childcare fees, but we expect subsidies to grow with childcare demand. G8 does not own the buildings from which its childcare centres operate, and labour costs comprise around 60% of revenue. Rental costs comprise around 10-15%.