Hailiang Education Group (Hailiang Education Group) Debt-to-Equity : 0.04 (As of Jun. 2021)

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What is Hailiang Education Group Debt-to-Equity?

Hailiang Education Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $7.9 Mil. Hailiang Education Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $4.8 Mil. Hailiang Education Group's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $342.5 Mil. Hailiang Education Group's debt to equity for the quarter that ended in Jun. 2021 was 0.04.

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 Hailiang Education Group's Debt-to-Equity or its related term are showing as below:

HLG's Debt-to-Equity is not ranked ^*
in the Education industry.
Industry Median: 0.34
* Ranked among companies with meaningful Debt-to-Equity only.

Hailiang Education Group Debt-to-Equity Historical Data

The historical data trend for Hailiang Education Group'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.

Hailiang Education Group Debt-to-Equity Chart

Hailiang Education Group Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Debt-to-Equity

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0.08

0.06

0.05

0.04

Hailiang Education Group Quarterly Data
	Sep14	Dec14	Jun15	Sep15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.01	0.01	0.02	0.04

Competitive Comparison of Hailiang Education Group's Debt-to-Equity

For the Education & Training Services subindustry, Hailiang Education Group'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.

Hailiang Education Group's Debt-to-Equity Distribution in the Education Industry

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

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

Hailiang Education Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hailiang Education Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 2021 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
	=	(7.903	+	4.75)	/	342.512
	=	0.04

Hailiang Education Group's Debt to Equity Ratio for the quarter that ended in Jun. 2021 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
	=	(7.903	+	4.75)	/	342.512
	=	0.04

Hailiang Education Group (NAS:HLG) 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.

Hailiang Education Group Debt-to-Equity Related Terms

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Hailiang Education Group (Hailiang Education Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Hailiang Education Group Inc (NAS:HLG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1508 Binsheng Road, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051

Website

http://www.hailiangeducation.com

Hailiang Education Group Inc provides educational services in China. It offers basic educational and international programs for kindergarten, primary, middle, and high school levels. The company educates students according to their aptitudes, devoting to improve students study ability, cultural accomplishments, and international perspectives. Multilingual teaching is available in Hailiang Education, including Chinese, English, Spanish, Japanese, Korean, and French. Its operating segment includes K-12 educational and management services; Educational training services and others. The company generates maximum revenue from the K-12 educational and management services segment.