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Zhangmen Education (Zhangmen Education) Debt-to-Equity : 0.01 (As of Dec. 2022)


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What is Zhangmen Education Debt-to-Equity?

Zhangmen Education's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.1 Mil. Zhangmen Education's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.0 Mil. Zhangmen Education's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $11.0 Mil. Zhangmen Education's debt to equity for the quarter that ended in Dec. 2022 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 Zhangmen Education's Debt-to-Equity or its related term are showing as below:

ZMENY's Debt-to-Equity is not ranked *
in the Education industry.
Industry Median: 0.345
* Ranked among companies with meaningful Debt-to-Equity only.

Zhangmen Education Debt-to-Equity Historical Data

The historical data trend for Zhangmen Education'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.

Zhangmen Education Debt-to-Equity Chart

Zhangmen Education Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
-0.26 -1.23 - 0.01

Zhangmen Education Quarterly Data
Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Dec22
Debt-to-Equity Get a 7-Day Free Trial -1.23 -0.38 -0.42 - 0.01

Competitive Comparison of Zhangmen Education's Debt-to-Equity

For the Education & Training Services subindustry, Zhangmen Education'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.


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

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

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



Zhangmen Education Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhangmen Education's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Zhangmen Education's Debt to Equity Ratio for the quarter that ended in Dec. 2022 is calculated as

* 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.


Zhangmen Education  (OTCPK:ZMENY) 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.


Zhangmen Education Debt-to-Equity Related Terms

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Zhangmen Education (Zhangmen Education) Business Description

Traded in Other Exchanges
N/A
Address
No.1666 North Sichuan Road, Hongkou District, Shanghai, CHN, 200080
Zhangmen Education Inc is an online education company in China focused on providing personalized online courses to K-12 students. The core course offerings encompass one-on-one and small-class after-school tutoring services covering all core K-12 academic subjects.

Zhangmen Education (Zhangmen Education) Headlines

From GuruFocus

Zhangmen Education Inc. Filed Its Annual Report on Form 20-F

By PRNewswire PRNewswire 05-03-2022