New Oriental Education & Technology Group Inc.

New Oriental Education & Technology Group Inc.verified

EDU

Price:

$68.28

Market Cap:

$11.17B

New Oriental Education & Technology Group Inc. provides private educational services under the New Oriental brand in the People's Republic of China. It operates through K-12 AST, Test Preparation and Other Courses; Online Education; and Others segments. The company offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the People's Republic of China, and the Commonwealth countries; and after-school tutoring courses for middle and high school students to enhance their exam scores, as well as for children to teach English. It also provides language training courses, including English, as well as other foreign langua...[Read more]

Industry

Education & Training Services

IPO Date

2006-09-15

Stock Exchange

NYSE

Ticker

EDU

The Current Ratio as of October 2024 (TTM) for New Oriental Education & Technology Group Inc. (EDU) is 1.80

According to New Oriental Education & Technology Group Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.80. This represents a change of -4.81% compared to the average of 1.89 of the last 4 quarters.

New Oriental Education & Technology Group Inc. (EDU) Historical Current Ratio (quarterly & annually)

How has EDU Current Ratio performed in the past?

The mean historical Current Ratio of New Oriental Education & Technology Group Inc. over the last ten years is 1.90. The current 1.80 Current Ratio has changed 9.34% with respect to the historical average. Over the past ten years (40 quarters), EDU's Current Ratio was at its highest in in the May 2022 quarter at 2.62. The Current Ratio was at its lowest in in the August 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

1.90

Median

1.88

Minimum

1.52

Maximum

2.62

New Oriental Education & Technology Group Inc. (EDU) Current Ratio by Quarter and Year

Discovering the peaks and valleys of New Oriental Education & Technology Group Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 38.15%

Maximum Annual Current Ratio = 2.62

Minimum Annual Increase = -25.05%

Minimum Annual Current Ratio = 1.52

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.80-8.42%
20231.96-25.05%
20222.6238.15%
20211.8925.00%
20201.52-12.31%
20191.732.83%
20181.68-13.13%
20171.93-4.99%
20162.049.46%
20151.86-13.15%

New Oriental Education & Technology Group Inc. (EDU) Average Current Ratio

How has EDU Current Ratio performed in the past?

The current Current Ratio of New Oriental Education & Technology Group Inc. (EDU) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.12

5-year avg

1.96

10-year avg

1.90

New Oriental Education & Technology Group Inc. (EDU) Current Ratio vs. Peers

How is EDU’s Current Ratio compared to its peers?

New Oriental Education & Technology Group Inc.’s Current Ratio is greater than Gaotu Techedu Inc. (1.47), less than 17 Education & Technology Group Inc. (3.38), greater than Chegg, Inc. (0.89), greater than Elite Education Group International Limited (1.71), less than Youdao, Inc. (0), greater than TAL Education Group (0.45), less than Strategic Education, Inc. (2.94), greater than Vasta Platform Limited (1.57), greater than 2U, Inc. (1.60), greater than Coursera, Inc. (0.15), less than Arco Platform Limited (2.52), greater than Sunlands Technology Group (1.26), greater than iHuman Inc. (1.26), less than null (2.89),

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