Edvantage Group Holdings (HKSE:00382) Debt-to-Equity : 0.52 (As of Aug. 2023)

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What is Edvantage Group Holdings Debt-to-Equity?

Edvantage Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was HK$523 Mil. Edvantage Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was HK$1,451 Mil. Edvantage Group Holdings's Total Stockholders Equity for the quarter that ended in Aug. 2023 was HK$3,825 Mil. Edvantage Group Holdings's debt to equity for the quarter that ended in Aug. 2023 was 0.52.

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 Edvantage Group Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:00382' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.53 Max: 1.27
Current: 0.52

During the past 8 years, the highest Debt-to-Equity Ratio of Edvantage Group Holdings was 1.27. The lowest was 0.35. And the median was 0.53.

HKSE:00382's Debt-to-Equity is ranked worse than
56.95% of 223 companies
in the Education industry
Industry Median: 0.34 vs HKSE:00382: 0.52

Edvantage Group Holdings Debt-to-Equity Historical Data

The historical data trend for Edvantage Group Holdings'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.

Edvantage Group Holdings Debt-to-Equity Chart

Edvantage Group Holdings Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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0.35

0.43

0.54

0.57

0.52

Edvantage Group Holdings Semi-Annual Data
	Aug16	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial										0.60	0.57	0.51	0.52	N/A

Competitive Comparison of Edvantage Group Holdings's Debt-to-Equity

For the Education & Training Services subindustry, Edvantage Group Holdings'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.

Edvantage Group Holdings's Debt-to-Equity Distribution in the Education Industry

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

* The bar in red indicates where Edvantage Group Holdings's Debt-to-Equity falls into.

Edvantage Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Edvantage Group Holdings's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(522.594	+	1451.356)	/	3824.78
	=	0.52

Edvantage Group Holdings's Debt to Equity Ratio for the quarter that ended in Aug. 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
	=	(522.594	+	1451.356)	/	3824.78
	=	0.52

Edvantage Group Holdings (HKSE:00382) 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.

Edvantage Group Holdings Debt-to-Equity Related Terms

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

Edvantage Group Holdings (HKSE:00382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Edvantage Group Holdings Ltd (HKSE:00382) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Huashang Road, Licheng Street, Zengcheng, Guangzhou, CHN

Website

https://www.edvantagegroup.com.hk

Edvantage Group is a leading private education group based in Greater Bay Area. Edvantage primarily offers higher education. It also provides secondary vocational education and non-formal vocational education service.Edvantage currently operates nine schools across domestic China and overseas, and more than 98% of its revenue is generated domestically. The total number of enrolled students exceeded 95,000 as of October 2023 from 32,217 as of August 2018. The rapid expansion was achieved through organic growth and school acquisitions.

Executives

Chen Yuan Rita	2201 Interest of corporation controlled by you
Liu Yung Chau	2201 Interest of corporation controlled by you
De Bo Jiao Yu Tou Zi Kong Gu You Xian Gong Si	2101 Beneficial owner

Edvantage Group Holdings (HKSE:00382) Headlines

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