IDP Education (ASX:IEL) Equity-to-Asset : 0.43 (As of Dec. 2023)

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

What is IDP Education Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. IDP Education's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$550 Mil. IDP Education's Total Assets for the quarter that ended in Dec. 2023 was A$1,278 Mil. Therefore, IDP Education's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.43.

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

ASX:IEL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35 Med: 0.43 Max: 0.59
Current: 0.43

During the past 8 years, the highest Equity to Asset Ratio of IDP Education was 0.59. The lowest was 0.35. And the median was 0.43.

ASX:IEL's Equity-to-Asset is ranked worse than
62.55% of 267 companies
in the Education industry
Industry Median: 0.52 vs ASX:IEL: 0.43

IDP Education Equity-to-Asset Historical Data

The historical data trend for IDP Education'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.

IDP Education Equity-to-Asset Chart

IDP Education Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

Get a 7-Day Free Trial

0.42

0.56

0.47

0.42

IDP Education Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial												0.47	0.47	0.44	0.42	0.43

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

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

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

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

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

IDP Education 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.

IDP Education's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	517.168	/	1233.467
	=	0.42

IDP Education'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
	=	549.602	/	1277.895
	=	0.43

IDP Education (ASX:IEL) 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%.

IDP Education Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of IDP Education's Equity-to-Asset 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 » Equity-to-Asset

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