RISE Education Cayman Ltd

RISE Education Cayman Ltdverified

REDU

Price:

$3.41

Market Cap:

$5.17B

RISE Education Cayman Ltd, through its subsidiaries, provides junior English language training services under the RISE brand in China, Hong Kong, and Singapore. The company offers a range of educational programs, services, and products, which primarily include educational courses, sale of course materials, franchise services, and study tours. It also provides educational consulting services; and academic tutoring and test preparation services. The company was founded in 2007 and is headquartered in Beijing, the People's Republic of China. RISE Education Cayman Ltd operating as a subsidiary of Bain Capital Rise Education IV Cayman Limited.[Read more]

Industry

Education & Training Services

IPO Date

2017-10-20

Stock Exchange

NASDAQ

Ticker

REDU

The Current Ratio as of September 2024 (TTM) for RISE Education Cayman Ltd (REDU) is 3.55

According to RISE Education Cayman Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 3.55. This represents a change of 429.19% compared to the average of 0.67 of the last 4 quarters.

RISE Education Cayman Ltd (REDU) Historical Current Ratio (quarterly & annually)

How has REDU Current Ratio performed in the past?

The mean historical Current Ratio of RISE Education Cayman Ltd over the last ten years is 1.15. The current 3.55 Current Ratio has changed 30.90% with respect to the historical average. Over the past ten years (40 quarters), REDU's Current Ratio was at its highest in in the June 2018 quarter at 1.12. The Current Ratio was at its lowest in in the September 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

1.15

Median

0.95

Minimum

0

Maximum

3.55

RISE Education Cayman Ltd (REDU) Current Ratio by Quarter and Year

Discovering the peaks and valleys of RISE Education Cayman Ltd 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 = Infinity%

Maximum Annual Current Ratio = 3.55

Minimum Annual Increase = -27.54%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20213.55457.72%
20200.64-27.54%
20190.88-19.79%
20181.10-1.08%
20171.1119.55%
20160.93-4.24%
20150.97Infinity%

RISE Education Cayman Ltd (REDU) Average Current Ratio

How has REDU Current Ratio performed in the past?

The current Current Ratio of RISE Education Cayman Ltd (REDU) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.69

5-year avg

1.46

10-year avg

1.15

RISE Education Cayman Ltd (REDU) Current Ratio vs. Peers

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

RISE Education Cayman Ltd’s Current Ratio is

CompanyCurrent RatioMarket cap

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