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NextEd Group (ASX:NXD) Debt-to-Revenue : 0.44 (As of Dec. 2023)


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What is NextEd Group Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

NextEd Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$7.5 Mil. NextEd Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$44.1 Mil. NextEd Group's annualized Revenue for the quarter that ended in Dec. 2023 was A$118.4 Mil. NextEd Group's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.44.


NextEd Group Debt-to-Revenue Historical Data

The historical data trend for NextEd Group's Debt-to-Revenue 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.

NextEd Group Debt-to-Revenue Chart

NextEd Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.28 0.29 0.46 0.43

NextEd Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Revenue 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.37 0.33 0.37 0.44

Competitive Comparison of NextEd Group's Debt-to-Revenue

For the Education & Training Services subindustry, NextEd Group's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


NextEd Group's Debt-to-Revenue Distribution in the Education Industry

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

* The bar in red indicates where NextEd Group's Debt-to-Revenue falls into.



NextEd Group Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

NextEd Group's Debt-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(5.996 + 37.844) / 102.22
=0.43

NextEd Group's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(7.47 + 44.083) / 118.402
=0.44

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Dec. 2023) Revenue data.


NextEd Group Debt-to-Revenue Related Terms

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NextEd Group (ASX:NXD) Business Description

Traded in Other Exchanges
N/A
Address
7 Kelly Street, Level 2, Ultimo, NSW, AUS, 2007
NextEd Group Ltd is engaged in the provision of vocational education and training solutions. It offers training predominantly in the areas of Allied Health and Community Services. It currently provides training to a range of existing workers, job seekers, and school leavers throughout campuses. Its segments are Technology & Design, International Vocational, Go Study and Domestic Vocational.

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