TAL Education Group
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $1.52B | $1.77B | $2.21B | $2.02B | $1.64B | $3.24B | $1.87B | $1.25B |
| Accounts Receivable | $71.6M | $94.2M | $52.7M | $44.8M | $25.6M | $25.9M | $42.7M | $50.2M |
| Inventory | $143.3M | $104.9M | $68.3M | $39.0M | $21.8M | $38.7M | $25.8M | $7.8M |
| Total Current Assets | $3.84B | $4.13B | $3.70B | $3.47B | $3.63B | $8.16B | $2.50B | $1.75B |
| Property, Plant & Equipment | $500.7M | $472.4M | $405.3M | $288.9M | $281.2M | $511.4M | $366.7M | $287.9M |
| Goodwill | $45.5M | $155.0K | $157.0K | — | — | $454.4M | $378.9M | $414.2M |
| Intangible Assets (Excl. Goodwill) | $46.0M | $394.0K | $2.0M | $485.0K | $1.7M | $66.0M | $59.0M | $74.8M |
| Total Assets | $5.94B | $5.50B | $4.93B | $4.72B | $5.08B | $12.11B | $5.57B | $3.74B |
| Liabilities | ||||||||
| Accounts Payable | $152.5M | $146.3M | $127.3M | $60.0M | $89.8M | $353.8M | $117.8M | $106.5M |
| Total Current Liabilities | $1.77B | $1.44B | $1.08B | $783.9M | $902.6M | $3.37B | $1.81B | $1.18B |
| Long-Term Debt | — | — | — | — | — | — | $262.0M | $0 |
| Total Liabilities | $2.16B | $1.74B | $1.29B | $903.4M | $1.08B | $6.91B | $3.03B | $1.20B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-130.4M | $-624.1M | $-694.3M | $-685.9M | $-544.3M | $624.9M | $786.1M | $920.3M |
| Total Stockholders' Equity | $3.77B | $3.77B | $3.66B | $3.84B | $4.03B | $5.20B | $2.52B | $2.48B |