New Oriental Education & Technology Group Balance Sheet Health
Financial Health criteria checks 6/6
New Oriental Education & Technology Group has a total shareholder equity of $4.2B and total debt of $14.4M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are $7.7B and $3.5B respectively. New Oriental Education & Technology Group's EBIT is $438.5M making its interest coverage ratio -2.9. It has cash and short-term investments of $4.8B.
Key information
0.3%
Debt to equity ratio
US$14.40m
Debt
| Interest coverage ratio | -2.9x |
| Cash | US$4.81b |
| Equity | US$4.24b |
| Total liabilities | US$3.47b |
| Total assets | US$7.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N1U0's short term assets ($5.5B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: N1U0's short term assets ($5.5B) exceed its long term liabilities ($504.6M).
Debt to Equity History and Analysis
Debt Level: N1U0 has more cash than its total debt.
Reducing Debt: N1U0's debt to equity ratio has reduced from 3.6% to 0.3% over the past 5 years.
Debt Coverage: N1U0's debt is well covered by operating cash flow (6735.2%).
Interest Coverage: N1U0 earns more interest than it pays, so coverage of interest payments is not a concern.