New Oriental Education & Technology (EDU) Current Deferred Tax Assets (2009 - 2020)

New Oriental Education & Technology's (EDU) quarterly Current Deferred Tax Assets came in at $1.6 billion in Q3 2020, up 25.84% on a QoQ basis from $1.3 billion in Q2 2020.

New Oriental Education & Technology (EDU) Current Deferred Tax Assets (2009 - 2020) Analysis & Trends

New Oriental Education & Technology (EDU) has 10 years of Current Deferred Tax Assets data on file, last reported at $1.6 billion in Q3 2020.

  • Quarterly Current Deferred Tax Assets changed N/A year-over-year to $1.6 billion in Q3 2020, while the trailing twelve-month figure through Aug 2020 was $1.6 billion (changed N/A YoY) and the FY2020 annual result came in at $1.3 billion, down 12.53% from the prior year.
  • Current Deferred Tax Assets advanced to $1.6 billion in Q3 2020, from $1.3 billion in the prior quarter.
  • In the past five years, Current Deferred Tax Assets ranged from a high of $1.6 billion in Q3 2020 to a low of $1.2 billion in Q2 2018.
  • A 3-year average of $1.4 billion and a median of $1.4 billion in 2019 frame the typical range for Current Deferred Tax Assets.
  • Annual changes were most pronounced in 2019 — Current Deferred Tax Assets gained 22.58% — and 2020, when it fell 12.53%.
  • Tracing EDU's Current Deferred Tax Assets over 3 years: stood at $1.2 billion in 2018, then grew by 22.58% to $1.5 billion in 2019, then climbed by 10.07% to $1.6 billion in 2020.
  • The last three Current Deferred Tax Assets figures came in at $1.6 billion (Q3 2020), $1.3 billion (Q2 2020), and $1.5 billion (Q2 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 New Oriental Education & Technology 84.71 Bn 82.71 Bn 812.22 Mn
2 51Talk Online Education 7.32 Bn 7.28 Bn 22.97 Mn
3 Laureate Education 5.21 Bn 5.05 Bn 237.67 Mn
4 Graham Holdings 4.98 Bn 3.74 Bn 777.03 Mn
5 Covista 4.66 Bn 4.66 Bn 284.63 Mn
6 Grand Canyon Education 3.78 Bn 3.50 Bn 204.08 Mn
7 Stride 3.50 Bn 2.55 Bn 217.28 Mn
8 McGraw Hill 2.38 Bn 2.13 Bn 388.89 Mn
9 TAL Education 2.28 Bn -401.26 Mn 227.32 Mn
10 Youdao 2.08 Bn 2.00 Bn 87.31 Mn

Historic Data

Download Data
DateValue
Aug 31, 2020 1.61 Bn
Aug 31, 2020 1.61 Bn
May 31, 2020 1.28 Bn
May 31, 2020 1.28 Bn
May 31, 2019 1.46 Bn
May 31, 2019 1.46 Bn
May 31, 2018 1.19 Bn
May 31, 2018 1.19 Bn
Nov 30, 2015 14.11 Mn
Nov 30, 2015 14.11 Mn
Aug 31, 2015 13.52 Mn
Aug 31, 2015 13.52 Mn
May 31, 2015 18.58 Mn
May 31, 2015 18.58 Mn
Feb 28, 2015 11.35 Mn
Feb 28, 2015 11.35 Mn
Nov 30, 2014 9.83 Mn
Nov 30, 2014 9.83 Mn
Aug 31, 2014 9.52 Mn
Aug 31, 2014 9.52 Mn