China New Higher Education Group Ltd
HKEX:2001
Bankruptcy Probability
China New Higher Education Group Ltd's probability of bankruptcy is 3.9%, pointing to a small but noticeable default risk. The solvency score is 41/100 — a warning sign of potential financial weakness.
We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.
Solvency Ratios
Solvency Ratios Comparison
China New Higher Education Group Ltd Competitors
| Country | Company | Market Cap | D/E | D/A |
Interest Coverage |
Altman Z-Score |
Quick Ratio |
Current Ratio |
Cash Ratio |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| CN |
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China New Higher Education Group Ltd
HKEX:2001
|
1.7B HKD |
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| ZA |
A
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Advtech Ltd
JSE:ADH
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22.4B ZAR |
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| ZA |
S
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Stadio Holdings Ltd
JSE:SDO
|
9.4B ZAR |
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| CN |
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New Oriental Education & Technology Group Inc
NYSE:EDU
|
8.2B USD |
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| ZA |
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Curro Holdings Ltd
JSE:COH
|
8.1B ZAR |
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| CN |
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TAL Education Group
NYSE:TAL
|
6.3B USD |
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| US |
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PowerSchool Holdings Inc
NYSE:PWSC
|
4.7B USD |
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| US |
|
Laureate Education Inc
NASDAQ:LAUR
|
4.7B USD |
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| US |
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Graham Holdings Co
NYSE:GHC
|
4.6B USD |
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| US |
|
Duolingo Inc
NASDAQ:DUOL
|
4.7B USD |
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| US |
|
Grand Canyon Education Inc
NASDAQ:LOPE
|
4.4B USD |
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China New Higher Education Group Ltd's probability of bankruptcy is 3.9%, pointing to a small but noticeable default risk.
The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.
As of the latest report, China New Higher Education Group Ltd has total debt of 1.8B CNY. This includes both short-term (0 CNY) and long-term (1.8B CNY) debt.
You can find a full breakdown on its Balance Sheet.