Perdoceo Education (FRA:CE1) Debt-to-Equity : 0.03 (As of Mar. 2024)

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What is Perdoceo Education Debt-to-Equity?

Perdoceo Education's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €5.5 Mil. Perdoceo Education's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €15.4 Mil. Perdoceo Education's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €796.8 Mil. Perdoceo Education's debt to equity for the quarter that ended in Mar. 2024 was 0.03.

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

FRA:CE1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.07 Max: 0.17
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Perdoceo Education was 0.17. The lowest was 0.03. And the median was 0.07.

FRA:CE1's Debt-to-Equity is ranked better than
92.41% of 224 companies
in the Education industry
Industry Median: 0.34 vs FRA:CE1: 0.03

Perdoceo Education Debt-to-Equity Historical Data

The historical data trend for Perdoceo 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.

Perdoceo Education Debt-to-Equity Chart

Perdoceo Education Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.15

0.10

0.07

0.05

0.03

Perdoceo Education Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.04	0.04	0.04	0.03	0.03

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

For the Education & Training Services subindustry, Perdoceo 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.

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

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

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

Perdoceo Education Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Perdoceo Education's Debt to Equity Ratio for the fiscal year 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
	=	(5.228	+	19.574)	/	771.583
	=	0.03

Perdoceo Education's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(5.51	+	15.365)	/	796.818
	=	0.03

Perdoceo Education (FRA:CE1) 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.

Perdoceo Education Debt-to-Equity Related Terms

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

Perdoceo Education (FRA:CE1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Perdoceo Education Corp (FRA:CE1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PRDO:USA CE1:Germany

Address

1750 E. Golf Road, Schaumburg, IL, USA, 60173

Website

https://www.perdoceoed.com

Perdoceo Education Corp is an American for-profit education company that focuses on quality postsecondary education online to a diverse student population, along with campus-based and blended learning programs. The company's important segment is its online universities, which include the American InterContinental University, and Colorado Technical University. These online universities provide undergraduate, graduate, and doctoral degree programs focusing on business, technology, management, and social services. Career Education Corporation is focusing on its online universities as it continues to reduce its on-campus program offerings. The majority of the company's revenue comes from the Colorado Technical University segment.

Perdoceo Education (FRA:CE1) Headlines

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