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| Date | Value |
|---|---|
| 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 |