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Four Seasons Education (Cayman) (Four Seasons Education (Cayman)) Current Ratio : 5.23 (As of Aug. 2023)


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What is Four Seasons Education (Cayman) Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Four Seasons Education (Cayman)'s current ratio for the quarter that ended in Aug. 2023 was 5.23.

Four Seasons Education (Cayman) has a current ratio of 5.23. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Four Seasons Education (Cayman)'s Current Ratio or its related term are showing as below:

FEDU' s Current Ratio Range Over the Past 10 Years
Min: 1.64   Med: 3.02   Max: 5.85
Current: 5.23

During the past 8 years, Four Seasons Education (Cayman)'s highest Current Ratio was 5.85. The lowest was 1.64. And the median was 3.02.

FEDU's Current Ratio is ranked better than
92.54% of 268 companies
in the Education industry
Industry Median: 1.27 vs FEDU: 5.23

Four Seasons Education (Cayman) Current Ratio Historical Data

The historical data trend for Four Seasons Education (Cayman)'s Current Ratio 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.

Four Seasons Education (Cayman) Current Ratio Chart

Four Seasons Education (Cayman) Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Current Ratio
Get a 7-Day Free Trial 3.02 2.89 2.28 5.62 5.85

Four Seasons Education (Cayman) Semi-Annual Data
Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.44 5.62 4.12 5.85 5.23

Competitive Comparison of Four Seasons Education (Cayman)'s Current Ratio

For the Education & Training Services subindustry, Four Seasons Education (Cayman)'s Current Ratio, along with its competitors' market caps and Current Ratio 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.


Four Seasons Education (Cayman)'s Current Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Four Seasons Education (Cayman)'s Current Ratio distribution charts can be found below:

* The bar in red indicates where Four Seasons Education (Cayman)'s Current Ratio falls into.



Four Seasons Education (Cayman) Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Four Seasons Education (Cayman)'s Current Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Current Ratio (A: Feb. 2023 )=Total Current Assets (A: Feb. 2023 )/Total Current Liabilities (A: Feb. 2023 )
=74.757/12.779
=5.85

Four Seasons Education (Cayman)'s Current Ratio for the quarter that ended in Aug. 2023 is calculated as

Current Ratio (Q: Aug. 2023 )=Total Current Assets (Q: Aug. 2023 )/Total Current Liabilities (Q: Aug. 2023 )
=72.126/13.785
=5.23

* 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.


Four Seasons Education (Cayman)  (NYSE:FEDU) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Four Seasons Education (Cayman) Current Ratio Related Terms

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Four Seasons Education (Cayman) (Four Seasons Education (Cayman)) Business Description

Traded in Other Exchanges
N/A
Address
309 Yuyuan Road, Room 1301, Zi'an Building, Jing'an District, Shanghai, CHN, 200040
Four Seasons Education (Cayman) Inc is engaged in the provision of after-school education services for kindergarten, elementary and middle school students. The company is a comprehensive educational enterprise that provides research practice services, educational informatization equipment, high-quality educational resources, and teacher training, as well as a digital publishing business, and continues to expand in educational research and educational informatization.