BEDU (Bright Scholar Education Holdings) LT-Debt-to-Total-Asset : 0.47 (As of Nov. 2024)

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What is Bright Scholar Education Holdings LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Bright Scholar Education Holdings's long-term debt to total assests ratio for the quarter that ended in Nov. 2024 was 0.47.

Bright Scholar Education Holdings's long-term debt to total assets ratio increased from Nov. 2023 (0.33) to Nov. 2024 (0.47). It may suggest that Bright Scholar Education Holdings is progressively becoming more dependent on debt to grow their business.

Bright Scholar Education Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bright Scholar Education Holdings's LT-Debt-to-Total-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.

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Bright Scholar Education Holdings LT-Debt-to-Total-Asset Chart

Bright Scholar Education Holdings Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

LT-Debt-to-Total-Asset

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0.27

0.20

0.29

0.32

0.46

Bright Scholar Education Holdings Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.33	0.33	0.34	0.46	0.47

Bright Scholar Education Holdings LT-Debt-to-Total-Asset Calculation

Bright Scholar Education Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (A: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2024 )	/	Total Assets (A: Aug. 2024 )
	=	195.398	/	423.549
	=	0.46

Bright Scholar Education Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2024 is calculated as

LT Debt to Total Assets (Q: Nov. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2024 )	/	Total Assets (Q: Nov. 2024 )
	=	190.913	/	405.605
	=	0.47

Bright Scholar Education Holdings (NYSE:BEDU) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Bright Scholar Education Holdings LT-Debt-to-Total-Asset Related Terms

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Bright Scholar Education Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Bright Scholar Education Holdings Ltd (NYSE:BEDU) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

BSK0:Germany

Address

149 Cherry Hinton Road Cambridge, Suites 6-7, The Turvill Building Old Swiss, England, GBR, CB1 7BX

Website

https://www.brightscholar.com

Bright Scholar Education Holdings Ltd operates as an education service provider. It is engaged in the provision of education services, including complementary education services, operation services for domestic schools, and education programs and services including independent schools and colleges in United Kingdom (the UK) and the United States (the U.S.) Kingdom. It nearly eight overseas school located in the United Kingdom and the United States. It has three reportable segments, including Overseas Schools, Complementary Education Services, and K-12 Operation Services. Key revenue is generated from Overseas Schools. From a geographical perspective: Key revenue is generated from China following UK, U.S., Canada and Singapore.