New Oriental Education & Technology Group annual net debt
2018
2019
2020
2021
2022
2023
2024
2025
New Oriental Education & Technology Group Net Debt Growth & History (EDU)
New Oriental Education & Technology Group's net debt was −$823.0M for fiscal 2025.
View full New Oriental Education & Technology Group company overviewNew Oriental Education & Technology Group annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-05-31 | −$823.0M | −$81.6M | — |
| 2024 | 2024-05-31 | −$741.4M | $477.6M | — |
| 2023 | 2023-05-31 | −$1.22B | −$685.4M | — |
| 2022 | 2022-05-31 | −$533.6M | −$786.1M | — |
| 2021 | 2021-05-31 | $252.5M | −$412.5M | −62.04% |
| 2020 | 2020-05-31 | $665.0M | $1.98B | — |
| 2019 | 2019-05-31 | −$1.32B | −$334.4M | — |
| 2018 | 2018-05-31 | −$983.3M | — | — |
New Oriental Education & Technology Group quarterly net debt
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-02-28 | −$976.4M | −$296.3M | — |
| Q2 2026 | 2025-11-30 | −$1.06B | — | — |
| Q1 2026 | 2025-08-31 | −$498.3M | — | — |
| Q4 2025 | 2025-05-31 | −$823.0M | −$81.6M | — |
| Q3 2025 | 2025-02-28 | −$680.1M | — | — |
| Q4 2024 | 2024-05-31 | −$741.4M | $477.6M | — |
| Q4 2023 | 2023-05-31 | −$1.22B | −$685.4M | — |
| Q4 2022 | 2022-05-31 | −$533.6M | −$786.1M | — |
| Q4 2021 | 2021-05-31 | $252.5M | −$412.5M | −62.04% |
| Q4 2020 | 2020-05-31 | $665.0M | $1.98B | — |
| Q4 2019 | 2019-05-31 | −$1.32B | −$334.4M | — |
| Q4 2018 | 2018-05-31 | −$983.3M | — | — |
New Oriental Education & Technology Group net debt trends
Over the last five fiscal years, New Oriental Education & Technology Group's net debt decreased from $665.0M to −$823.0M, a change of −$1.49B. The latest reported quarter, Q3 2026, shows −$976.4M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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