TAL Education Group (TAL Education Group) Debt-to-Equity

: 0.06 (As of Nov. 2023)

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TAL Education Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $58 Mil. TAL Education Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $156 Mil. TAL Education Group's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $3,622 Mil. TAL Education Group's debt to equity for the quarter that ended in Nov. 2023 was 0.06.

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

TAL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.43 Max: 0.91
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of TAL Education Group was 0.91. The lowest was 0.04. And the median was 0.43.

TAL's Debt-to-Equity is ranked better than
84.82% of 224 companies
in the Education industry
Industry Median: 0.34 vs TAL: 0.06

TAL Education Group Debt-to-Equity Historical Data

The historical data trend for TAL 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.

TAL Education Group Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Debt-to-Equity

0.09

0.60

0.80

0.06

0.04

TAL Education Group Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Debt-to-Equity																0.04	0.04	0.05	0.05	0.06

Competitive Comparison

For the Education & Training Services subindustry, TAL 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.

TAL Education Group Debt-to-Equity Distribution

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

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

TAL Education Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TAL Education Group's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
	=	(42.174	+	115.548)	/	3844.643
	=	0.04

TAL Education Group's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(58.182	+	156.282)	/	3621.795
	=	0.06

TAL Education Group (NYSE:TAL) 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.

TAL Education Group Debt-to-Equity Related Terms

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TAL Education Group (TAL Education Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » TAL Education Group (NYSE:TAL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TAL:Mexico 0A2X:UK IZZ:Germany IZZ:Germany T1AL34:Brazil

Address

Xiaoying West Street, 5th Floor, Tower B, Heying Center, Haidian District, Beijing, CHN, 100085

Website

http://www.100tal.com

TAL Education Group is a smart learning solutions provider in China. K-9 academic afterschool tutoring used to account for the majority of TAL's revenue before the regulatory changes in 2021 that imposed a nonprofit requirement on the business. After spinning off its K-9 academic afterschool tutoring business, TAL realigned its focus toward enrichment learning, content solutions, and learning technology solutions.