Keypath Education International (ASX:KED) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Keypath Education International Debt-to-Equity?

Keypath Education International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.8 Mil. Keypath Education International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.3 Mil. Keypath Education International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$76.1 Mil. Keypath Education International's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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

ASX:KED's Debt-to-Equity is not ranked ^*
in the Education industry.
Industry Median: 0.32
* Ranked among companies with meaningful Debt-to-Equity only.

Keypath Education International Debt-to-Equity Historical Data

The historical data trend for Keypath Education International'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.

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Keypath Education International Debt-to-Equity Chart

Keypath Education International Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-Equity

0.02

Keypath Education International Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.02	0.02	0.02	0.02	0.01

Competitive Comparison of Keypath Education International's Debt-to-Equity

For the Education & Training Services subindustry, Keypath Education International'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.

Keypath Education International's Debt-to-Equity Distribution in the Education Industry

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

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

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Keypath Education International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Keypath Education International'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
	=	(0.824	+	0.656)	/	81.402
	=	0.02

Keypath Education International'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
	=	(0.775	+	0.303)	/	76.109
	=	0.01

Keypath Education International (ASX:KED) 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.

Keypath Education International Debt-to-Equity Related Terms

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Keypath Education International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Keypath Education International Inc (ASX:KED) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1933 N. Meacham Road, Suite 310, Schaumburg, IL, USA, 60173

Website

https://www.keypathedu.com

Keypath Education International Inc provides bundled OPM services to its university partners, including the design, development, launch, and management of online programs. The services include program design, market research, student recruitment, student support and placement services. It earns revenue from a share of tuition fees paid to its university partners by students undertaking the online programs delivered by Keypath. The Company has one reportable operating segment, being OPM.