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51 Talk Online Education Group (51 Talk Online Education Group) Equity-to-Asset : -0.27 (As of Dec. 2023)


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What is 51 Talk Online Education Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. 51 Talk Online Education Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-8.34 Mil. 51 Talk Online Education Group's Total Assets for the quarter that ended in Dec. 2023 was $31.16 Mil. Therefore, 51 Talk Online Education Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.27.

The historical rank and industry rank for 51 Talk Online Education Group's Equity-to-Asset or its related term are showing as below:

COE' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.95   Med: -0.34   Max: 0.49
Current: -0.27

During the past 11 years, the highest Equity to Asset Ratio of 51 Talk Online Education Group was 0.49. The lowest was -0.95. And the median was -0.34.

COE's Equity-to-Asset is ranked worse than
95.88% of 267 companies
in the Education industry
Industry Median: 0.52 vs COE: -0.27

51 Talk Online Education Group Equity-to-Asset Historical Data

The historical data trend for 51 Talk Online Education Group's Equity-to-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.

* Premium members only.

51 Talk Online Education Group Equity-to-Asset Chart

51 Talk Online Education Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.75 -0.39 -0.61 0.24 -0.27

51 Talk Online Education Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 0.24 0.16 0.04 -0.09 -0.27

Competitive Comparison of 51 Talk Online Education Group's Equity-to-Asset

For the Education & Training Services subindustry, 51 Talk Online Education Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


51 Talk Online Education Group's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, 51 Talk Online Education Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where 51 Talk Online Education Group's Equity-to-Asset falls into.



51 Talk Online Education Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

51 Talk Online Education Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-8.34/31.156
=-0.27

51 Talk Online Education Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-8.34/31.156
=-0.27

* 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.


51 Talk Online Education Group  (AMEX:COE) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


51 Talk Online Education Group Equity-to-Asset Related Terms

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51 Talk Online Education Group (51 Talk Online Education Group) Business Description

Traded in Other Exchanges
Address
24 Raffles Place, No. 17-04 Clifford Centre, Singapore, CHN, 048621
51 Talk Online Education Group is an online education platform in China, with core expertise in English education. The company's mission is to make quality education accessible and affordable. It's online and mobile education platforms enable students across China to take live interactive English lessons with overseas foreign teachers, on demand.