New Oriental Education & Technology Working Capital to Net Assets Ratio
New Oriental Education & Technology working capital to net assets ratio. New Oriental Education & Technology (EDU) has a Working Capital to Net Assets ratio of 44.9% as of May 2026. Working capital of $1.94 Billion (current assets of $5.83 Billion minus current liabilities of $3.89 Billion) is measured against net assets of $4.32 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check New Oriental Education & Technology (EDU) tangible equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of New Oriental Education & Technology (2003–2026)
Working capital to net assets ratio of New Oriental Education & Technology from 2003 to 2026. This chart shows how New Oriental Education & Technology's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2003 to 2026. As of May 2026, the ratio stands at 44.9%, reflecting working capital of $1.94 Billion against net assets of $4.32 Billion USD. See EDU defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
New Oriental Education & Technology Working Capital to Net Assets Ratio by Year (2003–2026)
New Oriental Education & Technology working capital to net assets ratio by year from 2003 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for New Oriental Education & Technology from 2003 to 2026, covering 22 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see New Oriental Education & Technology (EDU) total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 44.9% | $1.94 Billion | $4.32 Billion | $5.83 Billion | $3.89 Billion | ▼ -3.1 pp |
| 2025 | 48.0% | $1.90 Billion | $3.95 Billion | $5.19 Billion | $3.29 Billion | ▼ -11.0 pp |
| 2024 | 59.0% | $2.39 Billion | $4.05 Billion | $5.39 Billion | $3.00 Billion | ▲ +2.3 pp |
| 2023 | 56.7% | $2.16 Billion | $3.81 Billion | $4.41 Billion | $2.25 Billion | ▼ -16.2 pp |
| 2022 | 72.9% | $2.76 Billion | $3.79 Billion | $4.47 Billion | $1.71 Billion | ▲ +11.0 pp |
| 2021 | 61.8% | $3.10 Billion | $5.02 Billion | $6.57 Billion | $3.47 Billion | ▲ +17.3 pp |
| 2020 | 44.5% | $1.28 Billion | $2.87 Billion | $3.76 Billion | $2.48 Billion | ▼ -13.3 pp |
| 2019 | 57.8% | $1.46 Billion | $2.53 Billion | $3.47 Billion | $2.01 Billion | ▲ +4.0 pp |
| 2018 | 53.8% | $1.19 Billion | $2.21 Billion | $2.94 Billion | $1.75 Billion | ▼ -11.5 pp |
| 2017 | 65.3% | $1.12 Billion | $1.72 Billion | $2.33 Billion | $1.20 Billion | ▼ -1.0 pp |
| 2016 | 66.3% | $951.15 Million | $1.43 Billion | $1.87 Billion | $918.19 Million | ▲ +15.3 pp |
| 2015 | 51.0% | $623.65 Million | $1.22 Billion | $1.35 Billion | $725.23 Million | ▼ -13.2 pp |
| 2014 | 64.1% | $657.61 Million | $1.03 Billion | $1.23 Billion | $576.07 Million | ▼ -3.7 pp |
| 2013 | 67.8% | $581.00 Million | $857.25 Million | $1.07 Billion | $489.83 Million | ▲ +1.1 pp |
| 2012 | 66.7% | $460.35 Million | $690.40 Million | $898.65 Million | $438.30 Million | ▼ -0.8 pp |
| 2011 | 67.4% | $387.27 Million | $574.22 Million | $675.27 Million | $288.00 Million | ▼ -1.6 pp |
| 2010 | 69.0% | $295.11 Million | $427.58 Million | $463.81 Million | $168.71 Million | ▲ +3.6 pp |
| 2009 | 65.4% | $229.97 Million | $351.48 Million | $347.73 Million | $117.76 Million | ▲ +2.2 pp |
| 2008 | 63.2% | $188.95 Million | $298.86 Million | $286.84 Million | $97.89 Million | ▲ +1.7 pp |
| 2007 | 61.5% | $152.02 Million | $247.19 Million | $220.89 Million | $68.87 Million | ▲ +82.9 pp |
| 2006 | -21.4% | $-14.62 Million | $68.27 Million | $43.40 Million | $58.01 Million | ▲ +7.9 pp |
| 2003 | -29.3% | $-6.39 Million | $21.78 Million | $28.05 Million | $34.44 Million | — |