Gravitas Education Holdings (Gravitas Education Holdings) Debt-to-Equity : 0.23 (As of Jun. 2023)

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What is Gravitas Education Holdings Debt-to-Equity?

Gravitas Education Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $2.81 Mil. Gravitas Education Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $1.94 Mil. Gravitas Education Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $20.74 Mil. Gravitas Education Holdings's debt to equity for the quarter that ended in Jun. 2023 was 0.23.

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.

The historical rank and industry rank for Gravitas Education Holdings's Debt-to-Equity or its related term are showing as below:

GEHI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.94 Max: 1.74
Current: 0.23

During the past 9 years, the highest Debt-to-Equity Ratio of Gravitas Education Holdings was 1.74. The lowest was 0.19. And the median was 0.94.

GEHI's Debt-to-Equity is not ranked
in the Education industry.
Industry Median: 0.345 vs GEHI: 0.23

Gravitas Education Holdings Debt-to-Equity Historical Data

The historical data trend for Gravitas Education Holdings's Debt-to-Equity 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.

Gravitas Education Holdings Debt-to-Equity Chart

Gravitas Education Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.89

1.50

0.36

0.73

Gravitas Education Holdings Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															1.19	0.36	0.19	0.73	0.23

Competitive Comparison of Gravitas Education Holdings's Debt-to-Equity

For the Education & Training Services subindustry, Gravitas Education Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Gravitas Education Holdings's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Gravitas Education Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Gravitas Education Holdings's Debt-to-Equity falls into.

Gravitas Education Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gravitas Education Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(5.372	+	12.374)	/	24.253
	=	0.73

Gravitas Education Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2.807	+	1.943)	/	20.736
	=	0.23

Gravitas Education Holdings (NYSE:GEHI) Debt-to-Equity Explanation

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

Gravitas Education Holdings Debt-to-Equity Related Terms

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Gravitas Education Holdings (Gravitas Education Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Gravitas Education Holdings Inc (NYSE:GEHI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fangguyuan Section 1, 3rd Floor, No. 28 Building, Fangzhuang Fengtai District, Beijing, CHN, 100078

Website

https://ir.geh.com.cn

Gravitas Education Holdings Inc is an early childhood education services provider in China. The company offers early childhood education solutions to children by providing kindergarten services and play-and-learn center services, as well as at-home education products. The company has four operating segments, including PRC kindergartens, PRC play-and-learn centers, Singapore kindergartens, student care centers and others, and others. It derives a majority of its revenue from Singapore.