Virscend Education Co (HKSE:01565) Debt-to-Equity : 2.64 (As of Feb. 2024)

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What is Virscend Education Co Debt-to-Equity?

Virscend Education Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was HK$846 Mil. Virscend Education Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was HK$1,571 Mil. Virscend Education Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was HK$915 Mil. Virscend Education Co's debt to equity for the quarter that ended in Feb. 2024 was 2.64.

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

HKSE:01565' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 1.12 Max: 2.64
Current: 2.51

During the past 10 years, the highest Debt-to-Equity Ratio of Virscend Education Co was 2.64. The lowest was 0.32. And the median was 1.12.

HKSE:01565's Debt-to-Equity is ranked worse than
92.98% of 228 companies
in the Education industry
Industry Median: 0.31 vs HKSE:01565: 2.51

Virscend Education Co Debt-to-Equity Historical Data

The historical data trend for Virscend Education Co'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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Virscend Education Co Debt-to-Equity Chart

Virscend Education Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Aug22

Aug23

Aug24

Debt-to-Equity

Get a 7-Day Free Trial

0.79

1.24

1.77

2.53

2.51

Virscend Education Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Debt-to-Equity	Get a 7-Day Free Trial															1.77	1.99	2.53	2.64	2.51

Competitive Comparison of Virscend Education Co's Debt-to-Equity

For the Education & Training Services subindustry, Virscend Education Co'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.

Virscend Education Co's Debt-to-Equity Distribution in the Education Industry

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

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

Virscend Education Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Virscend Education Co's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(973.191	+	1320.163)	/	907.169
	=	2.53

Virscend Education Co's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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
	=	(846.114	+	1571.279)	/	914.763
	=	2.64

Virscend Education Co (HKSE:01565) 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.

Virscend Education Co Debt-to-Equity Related Terms

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Virscend Education Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Virscend Education Co Ltd (HKSE:01565) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Sandongqiao Road, Jinniu District, Chengdu, CHN

Website

http://www.virscendeducation.com

Virscend Education Co Ltd is a provider of K-12 private education services. The company is a provider of high school and university private education services in Southwest China. The firm's formal education industry consists of education for pre-school, primary, middle, and high school students with a total of over 16-second foreign language-based classes to its students which include German, French, and Japanese, among other languages. The majority of the company revenues are generated through tuition fees.

Executives

The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
Invesco Canada Ltd.	2102 Investment manager
Wang Xiaoying	2202 Interest of your spouse
Yan Yude	2201 Interest of corporation controlled by you
Bank Of China Limited	2106 Person having a security interest in shares
Virscend Holdings Company Limited	2101 Beneficial owner

Virscend Education Co Headlines

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