Puxin (NEWYY) Debt-to-Equity : -2.81 (As of Jun. 2021)

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What is Puxin Debt-to-Equity?

Puxin's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $190.8 Mil. Puxin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $184.0 Mil. Puxin's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $-133.6 Mil. Puxin's debt to equity for the quarter that ended in Jun. 2021 was -2.81.

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

NEWYY's Debt-to-Equity is not ranked ^*
in the Education industry.
Industry Median: 0.35
* Ranked among companies with meaningful Debt-to-Equity only.

Puxin Debt-to-Equity Historical Data

The historical data trend for Puxin'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.

Puxin Debt-to-Equity Chart

Puxin Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

-0.08

-2.44

1.10

7.19

4.78

Puxin Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Debt-to-Equity	Get a 7-Day Free Trial														4.81	4.03	4.78	5.53	-2.81

Competitive Comparison of Puxin's Debt-to-Equity

For the Education & Training Services subindustry, Puxin'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.

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

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

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

Puxin Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Puxin's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(199.406	+	111.281)	/	64.951
	=	4.78

Puxin's Debt to Equity Ratio for the quarter that ended in Jun. 2021 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
	=	(190.788	+	184)	/	-133.597
	=	-2.81

Puxin (OTCPK:NEWYY) 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.

Puxin Debt-to-Equity Related Terms

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Puxin (NEWYY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Puxin Ltd (OTCPK:NEWYY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

75 Suzhou Street, Haidian District, 5th Floor, Building 4, Dingjun Building, Beijing, CHN, 100080

Website

https://www.pxjy.com

Puxin Ltd provides education services. The company's segments consist of K-12 tutoring services and Study abroad tutoring services. Its K-12 tutoring services provide result-oriented educational services in group class settings and through personalized tutoring sessions as well as study plan tailored to fit a student's aptitude, grade level, past academic performance, future academic goals, and other pertinent factors. Study abroad tutoring services are designed to help students prepare for admission tests and applications for high schools, universities and graduate programs primarily in English-speaking countries. It generates a majority of its revenue from the K-12 tutoring services segment. Geographically, it operates in PRC.