TAL Education Group
Balance Sheet
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $711.5M | $470.2M | $434.0M | $470.2M | $269.9M | $185.1M | $188.6M | $173.2M |
| Accounts Receivable | $16.5M | — | — | — | — | — | — | — |
| Inventory | $5.3M | $2.8M | $600.4K | $544.1K | $181.8K | $410.2K | $223.6K | $117.8K |
| Total Current Assets | $1.66B | $871.1M | $515.9M | $539.4M | $300.4M | $226.4M | $210.2M | $205.4M |
| Property, Plant & Equipment | $247.3M | $154.3M | $114.6M | $93.6M | $78.6M | $76.1M | $76.7M | $7.5M |
| Goodwill | $291.4M | $267.2M | $87.0M | $12.3M | $7.5M | $555.2K | $548.8K | $662.6K |
| Intangible Assets (Excl. Goodwill) | $43.5M | $38.0M | $15.2M | $3.7M | $2.5M | $1.7M | $183.5K | $656.8K |
| Total Assets | $3.05B | $1.83B | $1.06B | $772.4M | $427.6M | $316.0M | $294.7M | $217.8M |
| Liabilities | ||||||||
| Accounts Payable | $57.6M | $22.6M | $10.4M | $4.7M | $2.3M | $2.0M | $2.9M | $911.3K |
| Total Current Liabilities | $1.13B | $667.1M | $383.2M | $232.6M | $166.8M | $124.5M | $104.4M | $62.6M |
| Long-Term Debt | $225.0M | $225.0M | $0 | — | $813.7K | — | — | — |
| Total Liabilities | $1.41B | $1.15B | $620.6M | $458.8M | $167.6M | $124.6M | $104.5M | $62.7M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $565.2M | $417.8M | $306.4M | $207.5M | $144.3M | $86.4M | $54.8M | $32.7M |
| Total Stockholders' Equity | $1.62B | $644.2M | $437.0M | $313.3M | $260.0M | $191.4M | $190.1M | $155.1M |