Cluey (ASX:CLU) Debt-to-Equity : 0.02 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Cluey Debt-to-Equity?

Cluey's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.24 Mil. Cluey's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Cluey's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$11.08 Mil. Cluey's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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 Cluey's Debt-to-Equity or its related term are showing as below:

ASX:CLU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.02 Max: 0.03
Current: 0.02

During the past 4 years, the highest Debt-to-Equity Ratio of Cluey was 0.03. The lowest was 0.02. And the median was 0.02.

ASX:CLU's Debt-to-Equity is ranked better than
93.72% of 223 companies
in the Education industry
Industry Median: 0.34 vs ASX:CLU: 0.02

Cluey Debt-to-Equity Historical Data

The historical data trend for Cluey'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.

Cluey Debt-to-Equity Chart

Cluey Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.03

0.02

Cluey Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.02	0.03	0.03	0.02	0.02

Competitive Comparison of Cluey's Debt-to-Equity

For the Education & Training Services subindustry, Cluey'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.

Cluey's Debt-to-Equity Distribution in the Education Industry

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

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

Cluey Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cluey's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.31	+	0.081)	/	17.709
	=	0.02

Cluey's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.24	+	0)	/	11.082
	=	0.02

Cluey (ASX:CLU) 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.

Cluey Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Cluey's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Cluey (ASX:CLU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Cluey Ltd (ASX:CLU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

117 Clarence Street, Suite 2, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.clueylearning.com.au

Cluey Ltd is an education technology company. The company provides personalized online tutoring, small group tutoring, practice sessions, revision sessions, recorded lectures, and test preparation plans. The company's segment includes Cluey Learning segment, which primarily operates in an online learning environment, and Code Camp segment, which operates in face-to-face and online environments. It generates maximum revenue from the Cluey Learning segment.

Cluey (ASX:CLU) Headlines

No Headlines