IDP Education Limited

IDP Education Limitedverified

IEL.AX

Price:

$12.56

Market Cap:

$3.49B

IDP Education Limited engages in the placement of students into education institutions in Australia, the United Kingdom, the United States, Canada, New Zealand, and Ireland. Its services include counselling, application processing, pre-departure guidance, student placement and examinations, English language teaching, client relations, online student recruitment, and shared services. The company is also involved in the distribution and administration of International English Language Testing System tests for study, work, and migration purposes. In addition, it operates English language schools; and provides digital marketing and event services. IDP Education Limited was founded in 1969 and is...[Read more]

Industry

Education & Training Services

IPO Date

2015-11-25

Stock Exchange

ASX

Ticker

IEL.AX

The Current Ratio as of January 2025 (TTM) for IDP Education Limited (IEL.AX) is 1.59

According to IDP Education Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.59. This represents a change of -0.67% compared to the average of 1.60 of the last 4 quarters.

IDP Education Limited (IEL.AX) Historical Current Ratio (quarterly & annually)

How has IEL.AX Current Ratio performed in the past?

The mean historical Current Ratio of IDP Education Limited over the last ten years is 1.47. The current 1.59 Current Ratio has changed 10.71% with respect to the historical average. Over the past ten years (40 quarters), IEL.AX's Current Ratio was at its highest in in the June 2021 quarter at 2.53. The Current Ratio was at its lowest in in the December 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

1.47

Median

1.33

Minimum

0.75

Maximum

2.53

IDP Education Limited (IEL.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of IDP Education Limited 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 = 92.92%

Maximum Annual Current Ratio = 2.53

Minimum Annual Increase = -58.85%

Minimum Annual Current Ratio = 0.75

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.5917.52%
20231.35-16.31%
20221.61-36.22%
20212.530.31%
20202.5292.92%
20191.3128.68%
20181.029.04%
20170.93-13.63%
20161.0843.97%
20150.75-58.85%

IDP Education Limited (IEL.AX) Average Current Ratio

How has IEL.AX Current Ratio performed in the past?

The current Current Ratio of IDP Education Limited (IEL.AX) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

1.52

5-year avg

1.92

10-year avg

1.47

IDP Education Limited (IEL.AX) Current Ratio vs. Peers

How is IEL.AX’s Current Ratio compared to its peers?

IDP Education Limited’s Current Ratio is greater than WiseTech Global Limited (1.02), less than Pro Medicus Limited (5.98), less than Netwealth Group Limited (5.12), less than ARB Corporation Limited (4.10), less than Breville Group Limited (2.26),

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