IDP Education (ASX:IEL) Debt-to-Equity : 0.73 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is IDP Education Debt-to-Equity?

IDP Education's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$22 Mil. IDP Education's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$379 Mil. IDP Education's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$550 Mil. IDP Education's debt to equity for the quarter that ended in Dec. 2023 was 0.73.

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

ASX:IEL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.44 Max: 0.79
Current: 0.73

During the past 8 years, the highest Debt-to-Equity Ratio of IDP Education was 0.79. The lowest was 0.00. And the median was 0.44.

ASX:IEL's Debt-to-Equity is ranked worse than
67.41% of 224 companies
in the Education industry
Industry Median: 0.34 vs ASX:IEL: 0.73

IDP Education Debt-to-Equity Historical Data

The historical data trend for IDP Education'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.

* Premium members only.

IDP Education Debt-to-Equity Chart

IDP Education Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.39

0.37

0.56

0.64

IDP Education Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial												0.54	0.56	0.68	0.64	0.73

Competitive Comparison of IDP Education's Debt-to-Equity

For the Education & Training Services subindustry, IDP Education'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.

IDP Education's Debt-to-Equity Distribution in the Education Industry

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

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

IDP Education Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IDP Education's Debt to Equity Ratio for the fiscal year 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
	=	(24.53	+	305.034)	/	517.168
	=	0.64

IDP Education's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(22.338	+	379.336)	/	549.602
	=	0.73

IDP Education (ASX:IEL) 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.

IDP Education Debt-to-Equity Related Terms

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

IDP Education (ASX:IEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » IDP Education Ltd (ASX:IEL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IDPUF:USA 03F:Germany

Address

697 Collins Street, Level 10, Docklands, VIC, AUS, 3008

Website

https://www.idp.com

IDP Education is a global leader in English language testing and student placement services, constituting 64% and 27% of fiscal 2022 group revenue, respectively. Additionally, IDP operates English language schools, organizes education events and delivers consultancy services to education institutions, which constitutes the remainder of group revenue. Originally established in Australia as an aid body for Southeast Asia, today IDP operates one of the world's most widely accepted English language tests and one of the world's largest student placement services businesses, predominantly connecting prospective migrants from India and China to Australia, Canada, and the United Kingdom.

IDP Education (ASX:IEL) Headlines

No Headlines