Mid-Cap

Is the leverage for G8 Education too high ?

April 28, 2015 | Team Kalkine
Is the leverage for G8 Education too high ?

G8 Education Ltd. is an Australia-based child care center operator. The Company provides quality care and education facilities across Australia and Singapore through a range of brands. The principal activities of the Company were: operation of child care centers owned by the group and ownership of childcare center franchises. The Company has acquired approximately 403 centers. The Company operates in one reportable segment, management of child care centers. The group operates under 13 brands. The Company has acquired 86 child care centers during 2013. The Company’s subsidiaries include Grasshoppers Early Learning Centre Pty Ltd, Togalog Pty Ltd, Bourne Learning Pty Ltd, RBWOL Holding Pty Ltd, Ramsay Bourne Licences Pty Limited, G8 KP Pty Ltd and World Of Learning Pty Limited, among others. Click here to read the full report.