17 Education & Technology Group (17 Education & Technology Group) Equity-to-Asset

: 0.75 (As of Sep. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. 17 Education & Technology Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $82.16 Mil. 17 Education & Technology Group's Total Assets for the quarter that ended in Sep. 2023 was $109.00 Mil. Therefore, 17 Education & Technology Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.75.

The historical rank and industry rank for 17 Education & Technology Group's Equity-to-Asset or its related term are showing as below:

YQ' s Equity-to-Asset Range Over the Past 10 Years
Min: -4.86 Med: 0.61 Max: 0.79
Current: 0.75

During the past 5 years, the highest Equity to Asset Ratio of 17 Education & Technology Group was 0.79. The lowest was -4.86. And the median was 0.61.

YQ's Equity-to-Asset is ranked better than
82.77% of 267 companies
in the Education industry
Industry Median: 0.52 vs YQ: 0.75

17 Education & Technology Group Equity-to-Asset Historical Data

The historical data trend for 17 Education & Technology Group'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.

17 Education & Technology Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

-2.07

-4.86

0.61

0.50

0.77

17 Education & Technology Group Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial													0.79	0.77	0.77	0.78	0.75

Competitive Comparison

For the Education & Training Services subindustry, 17 Education & Technology Group'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.

17 Education & Technology Group Equity-to-Asset Distribution

For the Education industry and Consumer Defensive sector, 17 Education & Technology Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where 17 Education & Technology Group's Equity-to-Asset falls into.

17 Education & Technology Group 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.

17 Education & Technology Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	108.849	/	140.643
	=	0.77

17 Education & Technology Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	82.157	/	108.997
	=	0.75

17 Education & Technology Group (NAS:YQ) 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%.

17 Education & Technology Group Equity-to-Asset Related Terms

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17 Education & Technology Group (17 Education & Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 17 Education & Technology Group Inc (NAS:YQ) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wangjing Greenland Center, 16th Floor, Block B, Chaoyang District, Beijing, CHN, 100102

Website

https://ucenter.17zuoye.com

17 Education & Technology Group Inc is an education technology company in China. It offers to assist students, teachers, schoolmasters, and educational authorities across China to achieve data-driven teaching, learning, and assessment. Geographically group operates in China.