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
Is New Oriental Education & Technology Group (NYSE:EDU) Using Too Much Debt?
Aug 19
We Think New Oriental Education & Technology Group (NYSE:EDU) Can Manage Its Debt With Ease
Mar 21These 4 Measures Indicate That New Oriental Education & Technology Group (NYSE:EDU) Is Using Debt Safely
Dec 21New Oriental Education & Technology Group (NYSE:EDU) Could Easily Take On More Debt
Sep 19New Oriental Education & Technology Group (NYSE:EDU) Seems To Use Debt Rather Sparingly
Jun 07New Oriental Education & Technology Group (NYSE:EDU) Seems To Use Debt Quite Sensibly
Feb 17Recent updates
Do New Oriental Education & Technology Group's (NYSE:EDU) Earnings Warrant Your Attention?
Nov 07New Oriental Education: Not As Defensive As It Seems
Oct 29New Oriental Education & Technology Group Inc. (NYSE:EDU) Looks Just Right With A 26% Price Jump
Oct 02New Oriental Education: Capital Return Improvement And Margin Expansion Are Potential Catalysts
Sep 20New Oriental Education & Technology Group (NYSE:EDU) Will Want To Turn Around Its Return Trends
Sep 10Is New Oriental Education & Technology Group (NYSE:EDU) Using Too Much Debt?
Aug 19New Oriental Education: Anticipating A Q4 Results Beat (Rating Upgrade)
Jul 12New Oriental Education & Technology Group Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Apr 26New Oriental Education: Emerges Stronger After Regulation Reset, Initiate With Buy
Apr 10We Think New Oriental Education & Technology Group (NYSE:EDU) Can Manage Its Debt With Ease
Mar 21The Returns On Capital At New Oriental Education & Technology Group (NYSE:EDU) Don't Inspire Confidence
Mar 06Is There An Opportunity With New Oriental Education & Technology Group Inc.'s (NYSE:EDU) 40% Undervaluation?
Feb 05New Oriental Education & Technology Group Inc.'s (NYSE:EDU) Price In Tune With Revenues
Jan 20East Buy Drama Offers Lesson On The Power Of Key Influencers
Jan 05These 4 Measures Indicate That New Oriental Education & Technology Group (NYSE:EDU) Is Using Debt Safely
Dec 21Bullish On New Oriental Education's Pivot
Dec 03New Oriental Education & Technology Group (NYSE:EDU) Could Be Struggling To Allocate Capital
Nov 21New Oriental Education Delivers A Lesson In Business Revival
Nov 03A Look At The Fair Value Of New Oriental Education & Technology Group Inc. (NYSE:EDU)
Oct 19New Oriental Education & Technology Group (NYSE:EDU) Could Easily Take On More Debt
Sep 19New Oriental Education: Growth Prospects Appear Baked In
Sep 01The Returns On Capital At New Oriental Education & Technology Group (NYSE:EDU) Don't Inspire Confidence
Aug 13Back On A Profitable Track, New Oriental Pivots Towards Travel
Aug 04News Flash: Analysts Just Made A Sizeable Upgrade To Their New Oriental Education & Technology Group Inc. (NYSE:EDU) Forecasts
Jul 28New Oriental Education: Spotlight On Outlook And Buybacks
Jul 07New Oriental Education & Technology Group (NYSE:EDU) Seems To Use Debt Rather Sparingly
Jun 07Returns On Capital At New Oriental Education & Technology Group (NYSE:EDU) Have Hit The Brakes
May 15Calculating The Intrinsic Value Of New Oriental Education & Technology Group Inc. (NYSE:EDU)
Mar 31New Oriental Education & Technology Group (NYSE:EDU) Seems To Use Debt Quite Sensibly
Feb 17New Oriental Education: From Near Extinction To Stellar Turnaround
Jan 29There Are Reasons To Feel Uneasy About New Oriental Education & Technology Group's (NYSE:EDU) Returns On Capital
Jan 27New Oriental Education & Technology Q2 2023 Earnings Preview
Jan 13New Oriental Education & Technology Q1 2023 Earnings Preview
Oct 25Does This Valuation Of New Oriental Education & Technology Group Inc. (NYSE:EDU) Imply Investors Are Overpaying?
Oct 10New Oriental Education & Technology Non-GAAP EPS of -$0.94, revenue of $524M
Jul 27Is New Oriental Education & Technology Group (NYSE:EDU) A Risky Investment?
Jul 20New Oriental Education & Technology Group Inc. (NYSE:EDU) Shares Could Be 36% Below Their Intrinsic Value Estimate
Jun 15Financial Position Analysis
Short Term Liabilities: EDU's short term assets ($5.5B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: EDU's short term assets ($5.5B) exceed its long term liabilities ($504.6M).
Debt to Equity History and Analysis
Debt Level: EDU has more cash than its total debt.
Reducing Debt: EDU's debt to equity ratio has reduced from 3.6% to 0.3% over the past 5 years.
Debt Coverage: EDU's debt is well covered by operating cash flow (6735.2%).
Interest Coverage: EDU earns more interest than it pays, so coverage of interest payments is not a concern.