Neusoft Education Technology Co (HKSE:09616) Debt-to-Equity : 1.33 (As of Jun. 2023)

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What is Neusoft Education Technology Co Debt-to-Equity?

Neusoft Education Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$512 Mil. Neusoft Education Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$2,245 Mil. Neusoft Education Technology Co's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$2,081 Mil. Neusoft Education Technology Co's debt to equity for the quarter that ended in Jun. 2023 was 1.32.

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 Neusoft Education Technology Co's Debt-to-Equity or its related term are showing as below:

HKSE:09616' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76 Med: 1.44 Max: 1.82
Current: 1.34

During the past 7 years, the highest Debt-to-Equity Ratio of Neusoft Education Technology Co was 1.82. The lowest was 0.76. And the median was 1.44.

HKSE:09616's Debt-to-Equity is ranked worse than
83.33% of 222 companies
in the Education industry
Industry Median: 0.345 vs HKSE:09616: 1.34

Neusoft Education Technology Co Debt-to-Equity Historical Data

The historical data trend for Neusoft Education Technology Co'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.

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Neusoft Education Technology Co Debt-to-Equity Chart

Neusoft Education Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.82

0.76

1.48

1.41

1.34

Neusoft Education Technology Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							1.48	1.59	1.41	1.33	1.34

Competitive Comparison of Neusoft Education Technology Co's Debt-to-Equity

For the Education & Training Services subindustry, Neusoft Education Technology Co'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.

Neusoft Education Technology Co's Debt-to-Equity Distribution in the Education Industry

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

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

Neusoft Education Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Neusoft Education Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(283.67	+	2427.232)	/	1928.848
	=	1.41

Neusoft Education Technology Co's Debt to Equity Ratio for the quarter that ended in Jun. 2023 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
	=	(511.536	+	2245.433)	/	2081.497
	=	1.32

Neusoft Education Technology Co (HKSE:09616) 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.

Neusoft Education Technology Co Debt-to-Equity Related Terms

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Neusoft Education Technology Co (HKSE:09616) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Neusoft Education Technology Co Ltd (HKSE:09616) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Software Park Road, Ganjingzi District, Liaoning, Dalian, CHN

Website

https://www.neuedu.com

Neusoft Education Technology Co Ltd is a China-based investment holding company principally engaged in providing full-time formal higher education services, continuing education services, as well as education resources and apprenticeship programmes. Its full-time formal higher education services and continuing education services are operated by three universities and eight training schools. Its education resources and apprenticeship programme are offered by Dalian Education and a few of its subsidiaries, such as Shanghai Ruixiang and Tianjin Ruidao. Its full-time formal higher education services consist of bachelor's degree programmes, junior college diploma programmes, and junior college to bachelor degree transfer programmes.

Executives

Liu Jiren	2501 Other
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Deluxe Capital Limited	2201 Interest of corporation controlled by you
Sun Yinhuan	2307 Founder of a discretionary trust who can infl
Century Bliss International Limited	2101 Beneficial owner
Tmf (cayman) Ltd.	2301 Trustee
Deluxe Glorious Limited	2201 Interest of corporation controlled by you
Liu Jiren	2501 Other
Cheng Huiyan	2202 Interest of your spouse
Kang Ruidao International Investment Inc.	2101 Beneficial owner
Kang Ruidao Education First Investment Limited	2201 Interest of corporation controlled by you
Neusoft Holdings International Inc.	2201 Interest of corporation controlled by you
Dalian Neusoft Holdings Co., Ltd.	2201 Interest of corporation controlled by you

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