EDU Holdings (ASX:EDU) Debt-to-Equity : 1.37 (As of Dec. 2023)

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What is EDU Holdings Debt-to-Equity?

EDU Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$3.72 Mil. EDU Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$10.61 Mil. EDU Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$10.48 Mil. EDU Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.37.

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

ASX:EDU' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.17 Med: 0.71 Max: 1.72
Current: 1.37

During the past 13 years, the highest Debt-to-Equity Ratio of EDU Holdings was 1.72. The lowest was -0.17. And the median was 0.71.

ASX:EDU's Debt-to-Equity is ranked worse than
83.48% of 224 companies
in the Education industry
Industry Median: 0.345 vs ASX:EDU: 1.37

EDU Holdings Debt-to-Equity Historical Data

The historical data trend for EDU Holdings'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.

EDU Holdings Debt-to-Equity Chart

EDU Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.09

1.72

1.57

1.31

1.37

EDU Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.39	0.19	1.31	1.50	1.37

Competitive Comparison of EDU Holdings's Debt-to-Equity

For the Education & Training Services subindustry, EDU Holdings'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.

EDU Holdings's Debt-to-Equity Distribution in the Education Industry

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

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

EDU Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EDU Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(3.715	+	10.606)	/	10.481
	=	1.37

EDU Holdings'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
	=	(3.715	+	10.606)	/	10.481
	=	1.37

EDU Holdings (ASX:EDU) 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.

EDU Holdings Debt-to-Equity Related Terms

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EDU Holdings (ASX:EDU) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 York Street, Level 1, Sydney, NSW, AUS, 2000

Website

https://www.eduholdings.com.au

EDU Holdings Ltd is engaged in the provision of education services. The company offers accredited vocational education to the student market in the areas of fitness, sport and recreation management, massage therapy, and dance teaching. EDU currently has two wholly-owned operating businesses: Australian Learning Group Pty Limited and Proteus Technologies Pty Ltd trading as Ikon Institute of Australia. The business operates from campuses in Sydney, Melbourne, Brisbane and Perth.