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China East Education Holdings (FRA:ZX3) Debt-to-Asset : 0.15 (As of Dec. 2024)


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What is China East Education Holdings Debt-to-Asset?

China East Education Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €44.1 Mil. China East Education Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €142.4 Mil. China East Education Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was €1,244.0 Mil. China East Education Holdings's debt to asset for the quarter that ended in Dec. 2024 was 0.15.

China East Education Holdings Debt-to-Asset Historical Data

The historical data trend for China East Education Holdings'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.

China East Education Holdings Debt-to-Asset Chart

China East Education Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.17 0.18 0.19 0.17 0.15

China East Education Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.19 0.18 0.17 0.17 0.15

Competitive Comparison of China East Education Holdings's Debt-to-Asset

For the Education & Training Services subindustry, China East Education Holdings'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.

China East Education Holdings's Debt-to-Asset Distribution in the Education Industry

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

* The bar in red indicates where China East Education Holdings's Debt-to-Asset falls into.


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China East Education Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

China East Education Holdings's Debt-to-Asset for the fiscal year that ended in Dec. 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
=(44.129 + 142.421) / 1244.027
=0.15

China East Education Holdings's Debt-to-Asset for the quarter that ended in Dec. 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
=(44.129 + 142.421) / 1244.027
=0.15

* 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.

China East Education Holdings  (FRA:ZX3) 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.

China East Education Holdings Debt-to-Asset Related Terms

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China East Education Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China East Education Holdings Ltd (FRA:ZX3) » Definitions » Debt-to-Asset
Comparable Companies
HKSE:01797 HKSE:01773 HKSE:00839 HKSE:02469 HKSE:01969 HKSE:09636 HKSE:03978 HKSE:00032 HKSE:01890 HKSE:01769 TAL EDU LRN LOPE GHC ATGE LAUR SZSE:002607 SZSE:300364 ADX:ALEFEDT
Traded in Other Exchanges
00667:Hong Kong
Address
No. 1009 Xuelin Road, Vocational Education Town, Yaohai District, Anhui Province, Hefei, CHN
Website
https://www.chinaeastedu.com
China East Education is the largest vocational training education provider in China in terms of average students enrolled. It was founded in 1988 and its business spans four segments: culinary arts, information & internet technology, auto services, and fashion & beauty. It runs schools under six brands: New East, Omick, Xinhua Internet, Wisezone, Wontone, and On-mind. It also operates customized catering experience centers under Cuisine Academy. Its average students enrolled was 146,839 as of Dec. 31, 2023. In 2023, China East Education's revenue breakdown by major businesses was 56% in culinary arts, 20% in information & internet technology, 21% in auto services.

China East Education Holdings Headlines

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