TAL Education (TAL) Debt Ratio (2010 - 2021)
TAL Education's (TAL) quarterly Debt Ratio came in at 0.0 in Q1 2023, down 47.52% YoY from 0.0 in Q1 2022, and down 47.52% on a QoQ basis from 0.0 in Q1 2022.
Analysis
TAL Education (TAL) Debt Ratio (2010 - 2021) Analysis & Trends
TAL Education (TAL) has 14 years of Debt Ratio data on file, last reported at 0.0 in Q1 2023.
- Quarterly Debt Ratio fell 47.52% year-over-year to 0.0 in Q1 2023, while the trailing twelve-month figure through Feb 2023 was 0.0 (down 47.52% YoY) and the FY2023 annual result came in at 0.0, down 47.52% from the prior year.
- Debt Ratio eased to 0.0 in Q1 2023, from 0.0 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.22 in Q3 2021 to a low of 0.0 in Q1 2023.
- A 5-year average of 0.06 and a median of 0.03 in 2020 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2020 — Debt Ratio surged 3163.41% — and 2022, when it plunged 99.98%.
- Tracing TAL's Debt Ratio over 5 years: stood at 0.08 in 2019, then plunged by 63.23% to 0.03 in 2020, then surged by 667.17% to 0.22 in 2021, then sank by 99.98% to 0.0 in 2022, then tumbled by 47.52% to 0.0 in 2023.
- The last three Debt Ratio figures came in at 0.0 (Q1 2023), 0.0 (Q1 2022), and 0.22 (Q3 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 94.54 Bn | 91.80 Bn | 812.22 Mn | - |
| 2 | Laureate Education | 5.10 Bn | 4.94 Bn | 237.67 Mn | 0.09 |
| 3 | Graham Holdings | 4.79 Bn | 3.54 Bn | 777.03 Mn | 0.11 |
| 4 | Covista | 4.54 Bn | 4.14 Bn | 284.63 Mn | 0.22 |
| 5 | Grand Canyon Education | 3.97 Bn | 3.70 Bn | 204.08 Mn | - |
| 6 | Stride | 3.67 Bn | 2.71 Bn | 217.28 Mn | 0.34 |
| 7 | McGraw Hill | 2.52 Bn | 2.33 Bn | 439.20 Mn | 0.48 |
| 8 | Perdoceo Education | 2.07 Bn | 768.21 Mn | 162.46 Mn | - |
| 9 | TAL Education | 1.94 Bn | -737.26 Mn | 227.32 Mn | - |
| 10 | Youdao | 1.83 Bn | 1.70 Bn | 105.66 Mn | 0.41 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2021 | 0.02 |
| Nov 30, 2020 | 0.03 |
| Aug 31, 2020 | 0.04 |
| May 31, 2020 | 0.04 |
| Feb 29, 2020 | 0.05 |
| Nov 30, 2019 | 0.04 |
| Aug 31, 2019 | 0.04 |
| May 31, 2019 | 0.04 |
| Feb 28, 2019 | 0.06 |
| Nov 30, 2018 | 0.07 |
| Aug 31, 2018 | 0.07 |
| May 31, 2018 | 0.06 |
| Feb 28, 2018 | 0.07 |
| Nov 30, 2017 | 0.09 |
| Aug 31, 2017 | 0.10 |
| May 31, 2017 | 0.10 |
| Feb 28, 2017 | 0.12 |
| Nov 30, 2016 | 0.02 |
| Aug 31, 2016 | 0.02 |
| May 31, 2016 | 0.16 |