EDU Holdings (ASX:EDU) Equity-to-Asset : 0.32 (As of Dec. 2023)

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What is EDU Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. EDU Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$10.48 Mil. EDU Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$33.30 Mil. Therefore, EDU Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.32.

The historical rank and industry rank for EDU Holdings's Equity-to-Asset or its related term are showing as below:

ASX:EDU' s Equity-to-Asset Range Over the Past 10 Years
Min: -27.94 Med: 0.39 Max: 0.82
Current: 0.32

During the past 13 years, the highest Equity to Asset Ratio of EDU Holdings was 0.82. The lowest was -27.94. And the median was 0.39.

ASX:EDU's Equity-to-Asset is ranked worse than
76.87% of 268 companies
in the Education industry
Industry Median: 0.52 vs ASX:EDU: 0.32

EDU Holdings Equity-to-Asset Historical Data

The historical data trend for EDU Holdings's Equity-to-Asset 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 Equity-to-Asset Chart

EDU Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Dec22

Dec23

Equity-to-Asset

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0.46

0.28

0.34

0.32

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
Equity-to-Asset	Get a 7-Day Free Trial															0.32	0.29	0.34	0.29	0.32

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

For the Education & Training Services subindustry, EDU Holdings's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Education Industry

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

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

EDU Holdings Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

EDU Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	10.481	/	33.301
	=	0.31

EDU Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	10.481	/	33.301
	=	0.31

EDU Holdings (ASX:EDU) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

EDU Holdings Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of EDU Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

EDU Holdings (ASX:EDU) Business Description

Industry

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

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.