51Talk Online Education (COE) Debt to Equity (2015 - 2025)

51Talk Online Education (COE) recorded quarterly Debt to Equity of -$0.11 in Q4 2025, up 41.63% quarter-over-quarter from -$0.18 in Q3 2025, and up 45.19% on a YoY basis from -$0.07 in Q4 2024.

51Talk Online Education (COE) Debt to Equity (2015 - 2025) Analysis & Trends

51Talk Online Education's Debt to Equity history runs 11 years deep, the most recent figure standing at -$0.11 for Q4 2025.

  • In Q4 2025, Debt to Equity rose 45.19% year-over-year to -$0.11; the TTM figure through Dec 2025 stood at -$0.11 (up 45.19% YoY), while the FY2025 annual figure was -$0.11, up 45.19% from the prior year.
  • Debt to Equity was -$0.11 for Q4 2025 at 51Talk Online Education, up from -$0.18 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.15 in Q1 2023 to a low of -$0.86 in Q3 2023.
  • Historically, Debt to Equity has averaged -$0.22 across 5 years, with a median of -$0.19 in 2024.
  • The sharpest annual moves came in 2022 and 2023: Debt to Equity jumped 126.12% in 2022, then plunged 520.78% in 2023.
  • A 5-year view of Debt to Equity shows it stood at -$0.45 in 2021, then soared by 126.12% to $0.12 in 2022, then slumped by 520.78% to -$0.5 in 2023, then surged by 61.04% to -$0.19 in 2024, then soared by 45.19% to -$0.11 in 2025.
  • The last three Debt to Equity figures came in at -$0.11 (Q4 2025), -$0.18 (Q3 2025), and -$0.17 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 51Talk Online Education 7.64 Bn 7.60 Bn 22.18 Mn -0.11
2 Graham Holdings 4.92 Bn 3.91 Bn 841.00 Mn 0.17
3 Laureate Education 4.86 Bn 4.70 Bn -16.39 Mn 0.21
4 Covista 4.36 Bn 4.35 Bn 276.31 Mn 0.37
5 Stride 4.16 Bn 3.36 Bn 231.57 Mn 0.25
6 Grand Canyon Education 3.97 Bn 3.72 Bn 244.77 Mn -
7 Universal Technical Institute 2.35 Bn 2.19 Bn 103.97 Mn 0.38
8 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn -
9 Strategic Education 1.76 Bn 1.60 Bn - -
10 Lincoln Educational Services 1.45 Bn 1.43 Bn 120.06 Mn 0.03

Historic Data

Download Data
DateValue
Dec 31, 2025 -0.11
Sep 30, 2025 -0.18
Jun 30, 2025 -0.17
Mar 31, 2025 -0.19
Dec 31, 2024 -0.19
Sep 30, 2024 -0.23
Jun 30, 2024 -0.27
Mar 31, 2024 -0.27
Dec 31, 2023 -0.50
Sep 30, 2023 -0.86
Mar 31, 2023 0.15
Dec 31, 2022 0.12
Jun 30, 2022 0.09
Dec 31, 2021 -0.45
Dec 31, 2020 -0.25
Mar 31, 2020 2.50
Dec 31, 2019 -2.12
Dec 31, 2018 -0.07
Sep 30, 2018 0.09
Dec 31, 2017 -0.33