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Educational Development Corp  (NAS:EDUC) Debt-to-Equity: 1.63 (As of Aug. 2017)

Educational Development Corp's Current Portion of Long-Term Debt for the quarter that ended in Aug. 2017 was $7.1 Mil. Educational Development Corp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2017 was $21.3 Mil. Educational Development Corp's Total Equity for the quarter that ended in Aug. 2017 was $17.4 Mil. Educational Development Corp's debt to equity for the quarter that ended in Aug. 2017 was 1.63.

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.

NAS:EDUC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Max: 1.98
Current: 1.63

0.01
1.98

During the past 13 years, the highest Debt-to-Equity Ratio of Educational Development Corp was 1.98. The lowest was 0.01. And the median was 0.14.

NAS:EDUC's Debt-to-Equity is ranked lower than
89% of the 132 Companies
in the Global industry.

( Industry Median: 0.30 vs. NAS:EDUC: 1.63 )

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Educational Development Corp Annual Data

Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.00 0.11 1.64 1.74

Educational Development Corp Quarterly Data

Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 1.98 1.70 1.74 1.64 1.63

Competitive Comparison
* 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.


Calculation

Debt to Equity measures the financial leverage a company has.

Educational Development Corp's Debt to Equity Ratio for the fiscal year that ended in Feb. 2017 is calculated as

Debt to Equity=Total Debt / Total Equity
=(Current Portion of Long-Term Debt + Long-Term Debt & Capital Lease Obligation) / Total Equity
=(5.781 + 20.666) / 15.217
=1.74

Educational Development Corp's Debt to Equity Ratio for the quarter that ended in Aug. 2017 is calculated as

Debt to Equity=Total Debt / Total Equity
=(Current Portion of Long-Term Debt + Long-Term Debt & Capital Lease Obligation) / Total Equity
=(7.147 + 21.254) / 17.443
=1.63

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt and Long-Term Debt & Capital Lease Obligation divided by Total 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.


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