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GSX Techedu Debt-to-Equity

: 0.14 (As of Dec. 2020)
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GSX Techedu's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $23 Mil. GSX Techedu's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $99 Mil. GSX Techedu's Total Stockholders Equity for the quarter that ended in Dec. 2020 was $876 Mil. GSX Techedu's debt to equity for the quarter that ended in Dec. 2020 was 0.14.

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.

NYSE:GSX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14   Med: 0.15   Max: 0.16
Current: 0.14

0.14
0.16

During the past 4 years, the highest Debt-to-Equity Ratio of GSX Techedu was 0.16. The lowest was 0.14. And the median was 0.15.

NYSE:GSX's Debt-to-Equity is ranked higher than
70% of the 208 Companies
in the Education industry.

( Industry Median: 0.35 vs. NYSE:GSX: 0.14 )

GSX Techedu Debt-to-Equity Historical Data

* 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.

GSX Techedu Annual Data
Dec17 Dec18 Dec19 Dec20
Debt-to-Equity - - 0.16 0.14

GSX Techedu Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 0.16 0.24 0.35 1.09 0.14

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.


GSX Techedu Debt-to-Equity Distribution

* The bar in red indicates where GSX Techedu's Debt-to-Equity falls into.



GSX Techedu Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GSX Techedu's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
=(23.339195326717 + 98.503356628385) / 876.21840258132
=0.14

GSX Techedu's Debt to Equity Ratio for the quarter that ended in Dec. 2020 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
=(23.339195326717 + 98.503356628385) / 876.21840258132
=0.14

* 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.


GSX Techedu  (NYSE:GSX) 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.


GSX Techedu Debt-to-Equity Related Terms


GSX Techedu Debt-to-Equity Headlines

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