New Oriental Education & Technology (NWOEF) Beginning Cash Balance (2009 - 2019)
New Oriental Education & Technology's (NWOEF) quarterly Beginning Cash Balance came in at $983.3 million in Q2 2019, up 8471.47% on a YoY basis from $11.5 million in Q2 2018, and up 8471.47% quarter-over-quarter from $11.5 million in Q2 2018.
Analysis
New Oriental Education & Technology (NWOEF) Beginning Cash Balance (2009 - 2019) Analysis & Trends
New Oriental Education & Technology (NWOEF) has reported Beginning Cash Balance for 11 consecutive years, with $983.3 million the latest figure, recorded in Q2 2019.
- For the quarter ending Q2 2019, Beginning Cash Balance rose 8471.47% year-over-year to $983.3 million; the trailing twelve-month figure through May 2019 stood at $983.3 million (up 8471.47% YoY), and the FY2019 full-year result was $983.3 million, up 8471.47% from the prior year.
- Beginning Cash Balance rose to $983.3 million in Q2 2019 per NWOEF's latest filing, from $11.5 million in the prior quarter.
- Across five years, Beginning Cash Balance topped out at $983.3 million in Q2 2019 and bottomed at $11.5 million in Q2 2018.
- Historically, Beginning Cash Balance has averaged $210.5 million across 5 years, with a median of $22.7 million in 2015.
- The sharpest annual moves came in 2017 and 2019: Beginning Cash Balance sank 47.32% in 2017, then jumped 8471.47% in 2019.
- Over 5 years, Beginning Cash Balance stood at $22.7 million in 2015, then changed by 0.0% to $22.7 million in 2016, then sank by 47.32% to $12.0 million in 2017, then dropped by 4.27% to $11.5 million in 2018, then surged by 8471.47% to $983.3 million in 2019.
- According to Business Quant data, Beginning Cash Balance over the past three periods registered $983.3 million, $11.5 million, and $12.0 million for Q2 2019, Q2 2018, and Q2 2017 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Laureate Education | 4.96 Bn | 4.80 Bn | 237.67 Mn |
| 2 | Graham Holdings | 4.75 Bn | 3.50 Bn | 777.03 Mn |
| 3 | Covista | 4.39 Bn | 3.99 Bn | 284.63 Mn |
| 4 | Stride | 3.52 Bn | 2.56 Bn | 217.28 Mn |
| 5 | Bright Horizons Family Solutions | 3.35 Bn | 3.18 Bn | 188.96 Mn |
| 6 | Perdoceo Education | 2.07 Bn | 768.87 Mn | 162.46 Mn |
| 7 | TAL Education | 1.83 Bn | -848.54 Mn | 227.32 Mn |
| 8 | Strategic Education | 1.73 Bn | 1.61 Bn | - |
| 9 | Afya | 1.26 Bn | 1.06 Bn | 118.29 Mn |
| 10 | New Oriental Education & Technology | 142.86 Mn | -2.26 Bn | -19,600.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2019 | 983.32 Mn |
| May 31, 2018 | 11.47 Mn |
| May 31, 2017 | 11.98 Mn |
| May 31, 2016 | 22.75 Mn |
| May 31, 2015 | 22.75 Mn |
| May 31, 2014 | 28.65 Mn |
| May 31, 2013 | 62.99 Mn |
| May 31, 2012 | 62.99 Mn |
| May 31, 2011 | 51.73 Mn |
| May 31, 2010 | 67.90 Mn |
| May 31, 2009 | 129.67 Mn |