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TAL Education Group (BSP:T1AL34) Debt-to-Asset : 0.05 (As of Feb. 2024)


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What is TAL Education Group Debt-to-Asset?

TAL Education Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was R$311 Mil. TAL Education Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was R$876 Mil. TAL Education Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Feb. 2024 was R$24,447 Mil. TAL Education Group's debt to asset for the quarter that ended in Feb. 2024 was 0.05.


TAL Education Group Debt-to-Asset Historical Data

The historical data trend for TAL Education Group's Debt-to-Asset 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 Debt-to-Asset Chart

TAL Education Group Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.34 0.05 0.03 0.05

TAL Education Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Debt-to-Asset Get a 7-Day Free Trial 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 0.03 0.04 0.04 0.04 0.05

Competitive Comparison of TAL Education Group's Debt-to-Asset

For the Education & Training Services subindustry, TAL Education Group's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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's Debt-to-Asset Distribution in the Education Industry

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

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



TAL Education Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

TAL Education Group's Debt-to-Asset for the fiscal year that ended in Feb. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(310.572 + 876.164) / 24447.062
=0.05

TAL Education Group's Debt-to-Asset for the quarter that ended in Feb. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(310.572 + 876.164) / 24447.062
=0.05

* 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.


TAL Education Group  (BSP:T1AL34) Debt-to-Asset Explanation

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


TAL Education Group Debt-to-Asset Related Terms

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TAL Education Group (BSP:T1AL34) Business Description

Traded in Other Exchanges
Address
Xiaoying West Street, 5th Floor, Tower B, Heying Center, Haidian District, Beijing, CHN, 100085
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.

TAL Education Group (BSP:T1AL34) Headlines

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