China Distance Education Holdings Limited Quick Ratio (DL) starting from the fourth quarter 2020 to fourth quarter 2019, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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China Distance Education Holdings Limited  (NYSE: DL)
    Sector • Services    Industry • Educational Services
   Industry • Educational Services
   Sector • Services

China Distance Education Holdings Limited's Quick Ratio

DL's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Current Liabilities decreased faster than China Distance Education Holdings Limited's Cash & cash equivalent, this led to improvement in China Distance Education Holdings Limited's Quick Ratio to 0.62, Quick Ratio remained below China Distance Education Holdings Limited average.

Within Educational Services industry 17 other companies have achieved higher Quick Ratio than China Distance Education Holdings Limited in fourth quarter 2020. While Quick Ratio total ranking in the fourth quarter 2020 has deteriorated compared to the prior quarter from 2580 to 2658.

Explain Quick Ratio?
How much Cash & cash equivalents DL´s has?
What are DL´s Current Liabilities?



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DL Quick Ratio (Sep 30 2020)
Q4		 0
Q3		 0
Q2		 0
Q1		 (Sep 30 2019)
Q4
Y / Y Current Liabilities Change 6.73 % 24.61 % 31.62 % 31.62 % 34.5 %
Y / Y Cash & cash equivalent Change -8.1 % -8.1 % -8.1 % -8.1 % 28.92 %
Quick Ratio MRQ 0.62 0.52 0.62 0.62 0.72
DL's Total Ranking # 2658 # 2580 # 2676 # 2660 # 2259
Seq. Current Liabilities Change -16.89 % 20.32 % 0 % 6.73 % -2.97 %
Seq. Cash & cash equivalent Change 0 % 0 % 0 % -8.1 % 0 %



Quick Ratio fourth quarter 2020 Company Ranking
Within: No.
Educational Services Industry # 18
Services Sector # 332
Overall Market # 2658


Quick Ratio Statistics
High Average Low
4.35 1.58 0.62
(Sep 30 2011)   (Sep 30 2020)




Financial Statements
China Distance Education Holdings Limited's Current Liabilities $ 189 Millions Visit DL's Balance sheet
China Distance Education Holdings Limited's Cash & cash equivalent $ 118 Millions Visit DL's Balance sheet
Source of DL's Sales Visit DL's Sales by Geography


Cumulative China Distance Education Holdings Limited's Quick Ratio

DL's Quick Ratio for the trailling 12 Months

DL Quick Ratio

 (Sep 30 2020)
12 Months		 0
12 Months		 0
12 Months		 0
12 Months		 (Sep 30 2019)
12 Months
Y / Y Current Liabilities TTM Growth 22.83 % 30.12 % 33.14 % 28.26 % 23.11 %
Y / Y Cash & cash equivalent TTM Growth -8.1 % -0.49 % 8.07 % 17.8 % 28.92 %
Quick Ratio TTM 0.59 0.62 0.67 0.73 0.79
Total Ranking TTM # 4592 # 4583 # 4577 # 2037 # 1800
Seq. Current Liabilities TTM Growth 1.52 % 6.09 % 6.56 % 7.02 % 7.55 %
Seq. Cash & cash equivalent TTM Growth -2.16 % -2.11 % -2.07 % -2.02 % 5.94 %

Quick ratio ranking by company, industry and sector >> Back to DL Financial Strength Comparisons >> Go to Compare DL Quick Ratio to its Competitors

On the trailing twelve months basis Due to decline in Current Liabilities in the Q4 2020 to $189.49 millions, cumulative Quick Ratio decreased to 0.59 below the China Distance Education Holdings Limited average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Educational Services industry 25 other companies have achieved higher Quick Ratio than China Distance Education Holdings Limited. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2020 from 4583 to 4592.

Explain Quick Ratio?
How much Cash & cash equivalents DL´s has?
What are DL´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Educational Services Industry # 26
Services Sector # 609
Within the Market # 4592


trailing twelve months Quick Ratio Statistics
High Average Low
1.95 1.08 0.51
(Sep 30 2014)   (Sep 30 2018)




Companies with similar Quick Ratio in the quarter ending Sep 30 2020, within Educational Services Industry Quick RatioSep 30 2020 MRQ Cash & cash equivalentSep 30 2020 MRQ Current Liabilities
Zovio inc  1.69 $ 114.600  Millions$ 67.845  Millions
Covista inc   1.60 $ 571.551  Millions$ 358.040  Millions
Grand Canyon Education inc   1.36 $ 166.950  Millions$ 122.663  Millions
Epicquest Education Group International Limited  1.33 $ 7.408  Millions$ 5.585  Millions
Stride Inc   1.31 $ 308.784  Millions$ 235.994  Millions
Universal Technical Institute Inc  0.94 $ 114.858  Millions$ 121.640  Millions
Classover Holdings Inc   0.94 $ 1.144  Millions$ 1.218  Millions
Bright Scholar Education Holdings Limited  0.92 $ 495.280  Millions$ 539.626  Millions
Ambow Education Holding Ltd   0.69 $ 41.581  Millions$ 59.959  Millions
Laureate Education Inc   0.69 $ 716.799  Millions$ 1,033.792  Millions
China Distance Education Holdings Limited  0.62 $ 118.051  Millions$ 189.488  Millions
Sunlands Technology Group  0.58 $ 195.943  Millions$ 336.506  Millions
Visionary Holdings Inc   0.58 $ 20.594  Millions$ 35.441  Millions
First High school Education Group Co Ltd   0.55 $ 30.941  Millions$ 56.479  Millions
Arco Platform Ltd   0.43 $ 424.410  Millions$ 980.274  Millions
Driveitaway Holdings Inc   0.40 $ 0.448  Millions$ 1.113  Millions
Lincoln Educational Services Corporation  0.37 $ 26.520  Millions$ 71.278  Millions
Graham Holdings Co  0.36 $ 295.672  Millions$ 827.241  Millions
Huahui Education Group Limited  0.36 $ 0.298  Millions$ 0.838  Millions
Meta Data Limited  0.33 $ 242.896  Millions$ 730.445  Millions
51talk Online Education Group  0.33 $ 151.271  Millions$ 462.546  Millions
Renovare Environmental inc.  0.31 $ 6.237  Millions$ 19.878  Millions
Boxlight Corporation  0.31 $ 9.610  Millions$ 31.273  Millions
Laix Inc   0.23 $ 35.103  Millions$ 153.570  Millions
Nerdy Inc   0.17 $ 0.126  Millions$ 0.754  Millions
Gp Strategies Corporation  0.13 $ 13.206  Millions$ 103.867  Millions

Date modified: 2026-09-08T15:10:07+00:00



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