New Oriental Education & Technology Group
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has New Oriental Education & Technology Group's balance sheet done over the years? Its assets were worth $7,531,673,000 last year, which is more than in the previous period. 46% of New Oriental Education & Technology Group’s total assets is currently financed by debt. Its liabilities reached the amount of $3,482,659,000, which means an increase by 35% compared compared to last year.
Debt to Assets
| 2015 | 1951537000 | 727.69M | 37.29% |
|---|---|---|---|
| 2016 | 2354834000 | 920.17M | 39.08% |
| 2017 | 2924979000 | 1.20B | 41.19% |
| 2018 | 3977712000 | 1.97B | 49.73% |
| 2019 | 4646559000 | 2.12B | 45.66% |
| 2020 | 6556885000 | 3.68B | 56.23% |
| 2021 | 10151053000 | 5.13B | 50.56% |
| 2022 | 6034666000 | 2.24B | 37.14% |
| 2023 | 6392458000 | 2.57B | 40.32% |
| 2024 | 7531673000 | 3.48B | 46.24% |
EDU Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 1.38B | 1.66B | 1.14B | 1.61B | 915.05M | 1.15B | 983.31M | 641.01M | 709.20M | 531.29M |
Short term investments | 3.38B | 2.33B | 3.04B | 4.64B | 2.60B | 2.03B | 1.73B | 1.52B | 1.02B | 669.02M |
Net receivables | 29.68M | 136.76M | 39.67M | 118.49M | 7.56M | 45.94M | 4.77M | 3.34M | 6.76M | 25.04M |
Inventory | 92.80M | 52.68M | 27.92M | 31.17M | 31.32M | 29.04M | 40.17M | 31.74M | 27.30M | 23.98M |
Other current assets | 491.27M | 331.51M | 12.44M | 15.42M | 14.63M | 14.80M | 182.09M | 125.38M | 101.19M | 120.35M |
Total current assets | 5.38B | 4.41B | 4.47B | 6.57B | 3.75B | 3.46B | 2.94B | 2.32B | 1.86B | 1.34B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 1.16B | 799.29M | 933.79M | 2.72B | 2.09B | 532.01M | 449.59M | 282.8M | 237.69M | 231.46M |
Goodwill | 103.95M | 105.51M | 70.80M | 73.25M | 80.36M | 79.61M | 31.72M | 14.08M | 10.54M | 11.19M |
Intangible assets | 23.12M | 28.5M | 6.42M | 18.82M | 16.28M | 20.34M | 12.32M | 7.67M | 6.52M | 8.18M |
Long term investments | 525.01M | 862.31M | 437.91M | 537.74M | 431.10M | 404.70M | 433.33M | 217.25M | 178.86M | 325.99M |
Other non-current assets | 256.08M | 127.01M | 91.72M | 120.92M | 111.47M | 82.17M | 65.49M | 48.04M | 27.52M | 20.78M |
Total non-current assets | 2.14B | 1.97B | 1.56B | 3.57B | 2.80B | 1.18B | 1.03B | 598.71M | 485.49M | 602.65M |
Total assets | 7.53B | 6.39B | 6.03B | 10.15B | 6.55B | 4.64B | 3.97B | 2.92B | 2.35B | 1.95B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 1.78B | 1.33B | 933.06M | 1.93B | 1.32B | 1.30B | 1.27B | 866.63M | 646.90M | 501.17M |
Short term debt | 273.12M | 155.75M | 168.62M | 514.03M | 384.23M | 0 | 82.30M | 0 | 235.91M | 0 |
Total current liabilities | 3.00B | 2.25B | 1.71B | 3.47B | 2.47B | 2.00B | 1.75B | 1.20B | 918.19M | 725.23M |
| Non-current liabilities: | ||||||||||
Long term debt | 462.39M | 302.84M | 511.78M | 1.64B | 1.19B | 96.45M | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | -65.39M | -297.63M | -117.88M | -96.45M | 206.62M | 0 | 0 | 0 |
Total non-current liabilities | 481.80M | 326.69M | 531.02M | 1.66B | 1.20B | 115.23M | 227.39M | 2.22M | 1.98M | 2.46M |
Total liabilities | 3.48B | 2.57B | 2.24B | 5.13B | 3.68B | 2.12B | 1.97B | 1.20B | 920.17M | 727.69M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |