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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 94.03 Bn | 91.28 Bn | 812.22 Mn |
| 2 | Laureate Education | 5.10 Bn | 4.94 Bn | 237.67 Mn |
| 3 | Graham Holdings | 4.76 Bn | 3.51 Bn | 777.03 Mn |
| 4 | Covista | 4.48 Bn | 4.07 Bn | 284.63 Mn |
| 5 | Grand Canyon Education | 3.94 Bn | 3.66 Bn | 204.08 Mn |
| 6 | Stride | 3.64 Bn | 2.69 Bn | 217.28 Mn |
| 7 | McGraw Hill | 2.55 Bn | 2.36 Bn | 439.20 Mn |
| 8 | Perdoceo Education | 2.06 Bn | 751.95 Mn | 162.46 Mn |
| 9 | TAL Education | 1.93 Bn | -754.87 Mn | 227.32 Mn |
| 10 | Youdao | 1.82 Bn | 1.70 Bn | 105.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2020 | 1.61 Bn |
| May 31, 2020 | 1.28 Bn |
| May 31, 2019 | 1.46 Bn |
| May 31, 2018 | 1.19 Bn |
| Nov 30, 2015 | 14.11 Mn |
| Aug 31, 2015 | 13.52 Mn |
| May 31, 2015 | 18.58 Mn |
| Feb 28, 2015 | 11.35 Mn |
| Nov 30, 2014 | 9.83 Mn |
| Aug 31, 2014 | 9.52 Mn |
| May 31, 2014 | 12.44 Mn |
| Feb 28, 2014 | 8.38 Mn |
| Nov 30, 2013 | 7.91 Mn |
| Aug 31, 2013 | 7.15 Mn |
| May 31, 2013 | 9.32 Mn |
| Feb 28, 2013 | 7.06 Mn |
| Nov 30, 2012 | 6.46 Mn |
| Aug 31, 2012 | 5.66 Mn |
| May 31, 2012 | 7.90 Mn |
| Feb 29, 2012 | 5.48 Mn |