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EDU (New Oriental Education & Technology Group) Deferred Tax : $0 Mil (TTM As of Aug. 2024)


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What is New Oriental Education & Technology Group Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

New Oriental Education & Technology Group's change in deferred tax for the three months ended in Aug. 2024 was $0 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Aug. 2024 was $0 Mil.

New Oriental Education & Technology Group Deferred Tax Historical Data

The historical data trend for New Oriental Education & Technology Group's Deferred Tax 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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New Oriental Education & Technology Group Deferred Tax Chart

New Oriental Education & Technology Group Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Deferred Tax
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.57 -44.64 89.57 -31.53 -21.23

New Oriental Education & Technology Group Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Deferred Tax 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 - - - - -

New Oriental Education & Technology Group Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.


* 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.

New Oriental Education & Technology Group Deferred Tax Related Terms

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New Oriental Education & Technology Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » New Oriental Education & Technology Group Inc (NYSE:EDU) » Definitions » Deferred Tax
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TAL LOPE LRN GHC ATGE LAUR KLC STRA PRDO AFYA SZSE:300364 SZSE:002607 SAU:4291 ADX:ALEFEDT ASX:IEL HKSE:01797 XMAD:PRO HKSE:09636 UTI HKSE:00839
Traded in Other Exchanges
EDUN:Mexico 09901:Hong Kong N1U0:Germany N1U0:Germany N1UA:Germany N1UA:Germany E1DU34:Brazil
Address
No. 6 Hai Dian Zhong Street, Haidian District, Beijing, CHN, 100080
Website
https://www.neworiental.org
New Oriental is a leading private education provider in China. K-9 academic after-school tutoring used to account for 50%-60% of New Oriental's revenue before the regulatory crackdown in 2021. After terminating its K-9 academic after-school tutoring business, New Oriental has identified a few new initiatives such as nonacademic tutoring and intelligent learning systems and devices. The remaining businesses include high school academic after-school tutoring and overseas-related test preparation and consulting business. The company also owns 55% of East Buy, a market leader in livestreaming e-commerce.