TAL Education Group (XRS)
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10.08
-0.13 -1.27%
NYSE
May 23, 4:59PM
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TAL Education Group Asset Utilization:
0.7086 for Feb. 28, 2013TAL Education Group Historical Asset Utilization Data
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| Data for this Date Range | |
|---|---|
| Feb. 28, 2013 | 0.7086 |
| Nov. 30, 2012 | 0.676 |
| Aug. 31, 2012 | 0.6849 |
| May 31, 2012 | 0.6581 |
| Feb. 29, 2012 | 0.664 |
| Nov. 30, 2011 | 0.645 |
| Aug. 31, 2011 | 0.6149 |
| May 31, 2011 | 0.731 |
About Asset Utilization
The asset utilization ratio calculates the total revenue earned for every dollar of assets a company owns.
For example, with an asset utilization ratio of 52%, a company earned $.52 for each dollar of assets held by the company. An increasing asset utilization means the company is being more efficient with each dollar of assets it has.
This ratio is frequently used to compare a company's efficiency over time.
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XRS Asset Utilization Benchmarks
| Companies | |
|---|---|
| New Oriental Education & Technology Group | 0.7755 |
| ChinaEdu Corporation | 0.4234 |
| Strayer Education | 2.522 |
XRS Asset Utilization Rankings
| Overall |
72nd percentile 2184 of 8006 |
| Sector |
30th percentile 201 of 291 in Consumer Defensive |
| Industry |
27th percentile 27 of 37 in Education & Training Services |
XRS Asset Utilization Range, Past 5 Years
| Minimum | 0.6149 | Aug 2011 |
| Maximum | 0.7310 | May 2011 |
| Average | 0.6728 |
XRS News
TAL Education Group's CFO Discusses F4Q 2013 Results - Earnings Call Transcript
Seeking Alpha Apr 23
Seeking Alpha Apr 23