New Oriental Education & Technology Group Inc. (EDU) quarterly balance sheet — complete assets, liabilities & equity history
New Oriental Education & Technology Group Inc. (EDU) balance sheet — 22-year assets, liabilities & shareholders' equity history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Total Current Assets | 5.92B | 5.83B | 5.43B | 5.59B | 5.31B | 5.19B | 4.87B | 5.37B | 5.49B | 5.39B | 5.13B | 4.98B | 4.57B | 4.41B | 4.7B | 4.62B | 4.58B | 4.47B | 4.69B | 5.15B |
| Cash & Short-Term Investments | 5.16B | 5.29B | 4.96B | 4.94B | 4.67B | 4.58B | 4.29B | 4.71B | 4.81B | 4.78B | 4.57B | 4.45B | 4.12B | 4B | 4.31B | 4.21B | 4.25B | 4.19B | 4.41B | 4.8B |
| Cash Only | 1.75B | 2B | 1.94B | 1.84B | 1.28B | 1.61B | 1.42B | 1.42B | 1.15B | 1.39B | 2.01B | 1.94B | 1.75B | 1.66B | 1.33B | 1.03B | 1.1B | 1.15B | 1.47B | 1.03B |
| Short-Term Investments | 3.4B | 3.29B | 3.02B | 3.09B | 3.39B | 2.97B | 2.88B | 3.29B | 3.66B | 3.39B | 2.55B | 2.5B | 2.37B | 2.33B | 2.98B | 3.18B | 3.15B | 3.04B | 2.94B | 3.78B |
| Accounts Receivable | 58.21M | 44.73M | 42.59M | 42.87M | 42.51M | 189.9M | 39.28M | 41.09M | 39.1M | 193.85M | 40.03M | 40.77M | 43.76M | 136.77M | 37.44M | 38.32M | 26.57M | 16.43M | 43.94M | 34.34M |
| Days Sales Outstanding | 2.53 | 2.62 | 2.71 | 3.25 | 7.02 | 8.48 | 3.06 | 3.51 | 7.47 | 9.46 | 3.05 | 4.42 | 7.55 | 9.31 | 4.52 | 4.63 | 2.66 | 5.3 | 5.74 | 2.98 |
| Inventory | 113.75M | 105.8M | 86.05M | 92.09M | 86.28M | 80.88M | 85.71M | 92.66M | 95.35M | 92.81M | 96.52M | 86.64M | 63.27M | 52.69M | 62.73M | 74.61M | 43.93M | 27.93M | 30.73M | 34.43M |
| Days Inventory Outstanding | 12.36 | 12.29 | 12.22 | 14.54 | 12.06 | 13.45 | 15.1 | 17.17 | 14.83 | 16.06 | 12.92 | 16.14 | 12.09 | 13.56 | 16.72 | 16.04 | 10.59 | 10.89 | 7.87 | 6.09 |
| Other Current Assets | 592.91M | 389.13M | 338.53M | 515.05M | 513.05M | 192.59M | 453.15M | 525.29M | 549.86M | 189.89M | 149.73M | 403M | 346.95M | 209.48M | 289.57M | 295.77M | 0 | 218.71M | 0 | 1.22M |
| Total Non-Current Assets | 2.94B | 2.96B | 2.82B | 2.7B | 2.7B | 2.62B | 2.57B | 2.26B | 2.22B | 2.14B | 2.06B | 2.15B | 2.1B | 1.98B | 1.46B | 1.41B | 1.44B | 1.56B | 1.98B | 2.46B |
| Property, Plant & Equipment | 1.78B | 1.73B | 1.64B | 1.58B | 1.6B | 1.56B | 1.45B | 1.43B | 1.41B | 1.16B | 1.02B | 904.4M | 828.69M | 799.29M | 786.34M | 759.59M | 824.86M | 933.79M | 1.21B | 1.77B |
| Fixed Asset Turnover | 1.07x | 0.91x | 0.88x | 0.75x | 0.97x | 0.83x | 0.82x | 0.73x | 1.12x | 1.04x | 1.25x | 1.00x | 1.35x | 1.09x | 0.98x | 0.81x | 0.85x | 0.49x | 0.41x | 0.29x |
| Goodwill | 46.83M | 46.56M | 45.95M | 44.58M | 44.24M | 43.83M | 103.47M | 103.94M | 105.76M | 103.96M | 104.47M | 105.2M | 103.76M | 105.51M | 107.72M | 105.78M | 69.18M | 70.8M | 73.76M | 73.28M |
| Intangible Assets | 63.52M | 7.77M | 9.17M | 65.66M | 66.88M | 67.92M | 18.64M | 20.19M | 17.6M | 23.12M | 23.45M | 25.14M | 26.27M | 28.5M | 30.96M | 32.34M | 5.86M | 6.43M | 7.15M | 7.5M |
| Long-Term Investments | 852.34M | 491.89M | 918.1M | 761.09M | 755.87M | 744.15M | 778.67M | 501.12M | 467.78M | 385.42M | 637.36M | 794.77M | 854.74M | 862.32M | 429.23M | 399.15M | 426.65M | 437.92M | 582.7M | 523M |
| Other Non-Current Assets | 101.4M | 574.34M | 122.14M | 172.09M | 166.4M | 102.78M | 141.09M | 140.28M | 149.71M | 395.68M | 212.42M | 267.75M | 234.54M | 127.01M | 77.73M | 57.98M | 68.42M | 91.73M | 89.71M | 74.42M |
| Total Assets | 8.86B | 8.79B | 8.24B | 8.29B | 8.01B | 7.81B | 7.45B | 7.63B | 7.71B | 7.53B | 7.19B | 7.13B | 6.67B | 6.39B | 6.16B | 6.02B | 6.02B | 6.03B | 6.67B | 7.61B |
| Asset Turnover | 0.21x | 0.18x | 0.17x | 0.15x | 0.19x | 0.16x | 0.16x | 0.14x | 0.19x | 0.15x | 0.17x | 0.13x | 0.17x | 0.14x | 0.12x | 0.11x | 0.12x | 0.08x | 0.09x | 0.07x |
| Asset Growth % | 10.59% | 12.64% | 10.7% | 8.6% | 3.94% | 3.64% | 3.58% | 7.05% | 15.5% | 17.82% | 16.63% | 18.39% | 10.88% | 5.93% | -7.57% | -20.89% | - | -40.55% | -31.79% | -19.66% |
| Total Current Liabilities | 3.68B | 3.89B | 3.28B | 3.55B | 3.21B | 3.29B | 2.94B | 3.13B | 2.97B | 3B | 2.63B | 2.66B | 2.37B | 2.25B | 1.95B | 1.92B | 1.77B | 1.71B | 1.89B | 2.25B |
| Accounts Payable | 142.05M | 126.94M | 108.51M | 94.52M | 85.19M | 80.48M | 85.6M | 92.15M | 101.99M | 105.68M | 138.46M | 108.95M | 76.56M | 69.76M | 89.53M | 81.53M | 43.43M | 22.29M | 28M | 33.49M |
| Days Payables Outstanding | 15.15 | 15.08 | 13.92 | 14.65 | 11.95 | 13.41 | 15.05 | 17.73 | 16.37 | 20.71 | 17.46 | 19.97 | 15.25 | 18.71 | 20.83 | 16.91 | 9.69 | 9.33 | 7.42 | 6.67 |
| Short-Term Debt | 0 | 285.01M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 2.12B | 2.24B | 1.89B | 2.16B | 1.91B | 1.96B | 1.75B | 1.96B | 1.73B | 1.79B | 1.52B | 1.64B | 1.4B | 1.36B | 1.16B | 1.14B | 1.01B | 955.54M | 971.25M | 1.07B |
| Other Current Liabilities | 0 | 1.03B | 366.51K | 0 | 0 | 216.27M | 0 | 0 | 0 | 193.18M | 0 | 0 | 0 | 163.4M | 0 | 0 | 0 | 133.38M | 0 | 0 |
| Current Ratio | 1.61x | 1.50x | 1.66x | 1.57x | 1.65x | 1.58x | 1.66x | 1.71x | 1.85x | 1.80x | 1.95x | 1.87x | 1.93x | 1.96x | 2.41x | 2.40x | 2.59x | 2.62x | 2.48x | 2.29x |
| Quick Ratio | 1.58x | 1.47x | 1.63x | 1.55x | 1.63x | 1.55x | 1.63x | 1.68x | 1.82x | 1.76x | 1.91x | 1.84x | 1.90x | 1.94x | 2.37x | 2.36x | 2.57x | 2.60x | 2.47x | 2.28x |
| Cash Conversion Cycle | -0.26 | -0.17 | 1.01 | 3.14 | 7.13 | 8.52 | 3.11 | 2.95 | 5.93 | 4.82 | -1.49 | 0.59 | 4.38 | 4.16 | 0.41 | 3.76 | 3.56 | 6.85 | 6.18 | 2.39 |
| Total Non-Current Liabilities | 580.86M | 577.91M | 547.84M | 531.79M | 542.64M | 561.95M | 529.03M | 518.79M | 504.63M | 481.8M | 411.57M | 370.78M | 328.83M | 326.69M | 333.4M | 357.45M | 434.55M | 531.03M | 674.71M | 1.19B |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 14.4M | 14.4M | 14.4M | 14.4M | 14.4M | 14.4M | 14.4M | 14.4M | 14.65M | 14.85M | 15.1M | 44.15M | 65.39M | 113.17M | 179.36M |
| Capital Lease Obligations | 566.79M | 563.82M | 533.69M | 517.79M | 523.83M | 533.38M | 484.65M | 489.83M | 473.63M | 447.99M | 371.34M | 330.02M | 291.3M | 288.19M | 299.63M | 324.74M | 372.79M | 446.39M | 542.98M | 996.84M |
| Deferred Tax Liabilities | 14.07M | 14.09M | 14.15M | 13.99M | 18.81M | 14.17M | 29.97M | 14.55M | 16.61M | 19.41M | 25.83M | 26.36M | 23.13M | 23.85M | 18.92M | 17.61M | 17.61M | 19.24M | 18.55M | 10.61M |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 4.26B | 4.47B | 3.83B | 4.09B | 3.75B | 3.85B | 3.47B | 3.65B | 3.47B | 3.48B | 3.04B | 3.04B | 2.7B | 2.58B | 2.29B | 2.28B | 2.2B | 2.24B | 2.56B | 3.43B |
| Total Debt | 864.04M | 848.83M | 806.95M | 779.85M | 784.05M | 803.78M | 738.64M | 722.83M | 710.47M | 662.33M | 564.01M | 510.67M | 469.56M | 458.6M | 467.05M | 487.03M | 571.7M | 680.41M | 871.81M | 1.46B |
| Net Debt | -890.53M | -1.15B | -1.13B | -1.06B | -498.26M | -808.6M | -680.15M | -695.38M | -436.49M | -727.03M | -1.45B | -1.43B | -1.28B | -1.2B | -862.4M | -542.84M | -532.17M | -468.23M | -594.97M | 429.49M |
| Debt / Equity | 0.19x | 0.20x | 0.18x | 0.19x | 0.18x | 0.20x | 0.19x | 0.18x | 0.17x | 0.16x | 0.14x | 0.12x | 0.12x | 0.12x | 0.12x | 0.13x | 0.15x | 0.18x | 0.21x | 0.35x |
| Debt / EBITDA | 2.31x | 9.88x | 4.15x | 9.64x | 2.25x | 5.86x | 4.88x | 15.73x | 2.22x | 5.64x | 3.91x | 9.82x | 1.99x | 5.82x | 4.06x | 10.56x | 4.52x | - | - | - |
| Net Debt / EBITDA | -2.38x | -13.40x | -5.83x | -13.14x | -1.43x | -5.89x | -4.50x | -15.13x | -1.36x | -6.20x | -10.06x | -27.53x | -5.43x | -15.30x | -7.49x | -11.77x | -4.20x | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -3.61x | - | -10.63x |
| Total Equity | 4.6B | 4.32B | 4.42B | 4.2B | 4.26B | 3.95B | 3.98B | 3.98B | 4.24B | 4.05B | 4.15B | 4.1B | 3.98B | 3.81B | 3.88B | 3.74B | 3.82B | 3.79B | 4.1B | 4.18B |
| Equity Growth % | 8.14% | 9.37% | 11.13% | 5.6% | 0.46% | -2.35% | -4.21% | -2.79% | 6.52% | 6.14% | 7.06% | 9.42% | 4.27% | 0.56% | -5.55% | -10.46% | - | -24.4% | -18.64% | -13.2% |
| Book Value per Share | 29.35 | 27.32 | 27.67 | 26.21 | 26.64 | 24.90 | 24.47 | 24.00 | 25.55 | 24.23 | 24.83 | 24.53 | 23.90 | 22.86 | 23.06 | 22.03 | 22.42 | 22.04 | 24.19 | 24.55 |
| Total Shareholders' Equity | 4.24B | 3.99B | 4.09B | 3.89B | 3.95B | 3.66B | 3.69B | 3.7B | 3.97B | 3.78B | 3.87B | 3.83B | 3.74B | 3.6B | 3.73B | 3.61B | 3.71B | 3.71B | 4.02B | 4.1B |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 1.7M | 0 | 0 | 0 | 1.7M | 0 | 0 | 0 | 1.7M | 0 | 0 | 0 | 1.7M | 0 | 0 |
| Retained Earnings | 0 | 0 | 0 | 0 | 0 | 1.77B | 0 | 0 | 0 | 1.51B | 0 | 0 | 0 | 1.23B | 0 | 0 | 0 | 1.07B | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | -122K | 0 | 0 | 0 | -55K | 0 | 0 | 0 | -59K | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 422.3M | 0 | 0 | 0 | 389.97M | 0 | 0 | 0 | 437.26M | 0 | 0 | 0 | 576.83M | 0 | 0 |
| Minority Interest | 360.5M | 338.09M | 331.81M | 318.69M | 305.73M | 291.86M | 289.31M | 281.81M | 270.31M | 273.08M | 276.21M | 266.19M | 240.41M | 210.44M | 151.08M | 135.91M | 110.58M | 88.02M | 81.81M | 75.97M |