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