← TAL Education Group

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $470.2m $711.5m $1.2b $1.9b $3.2b $1.6b $2.0b $2.2b $1.8b $1.5b
Prepaid Expense and Other Assets, Current $160.2m $133.2m $202.6m $207.4m $403.1m $122.8m $125.5m $159.5m $215.8m $232.9m
Short-term Investments $229.5m $787.4m $268.4m $345.5m $2.7b $1.1b $1.1b $1.1b $1.8b $1.7b
Inventory, Net $2.8m $5.3m $7.8m $25.8m $38.7m $21.8m $39.0m $68.3m $104.9m $143.3m
Assets, Current $871.1m $1.7b $1.7b $2.5b $8.2b $3.6b $3.5b $3.7b $4.1b $3.8b
Property, Plant and Equipment, Net $154.3m $247.3m $287.9m $366.7m $511.4m $281.2m $288.9m $405.3m $472.4m $500.7m
Goodwill $267.2m $291.4m $414.2m $378.9m $454.4m — — — — $45.5m
Intangible Assets, Net (Excluding Goodwill) $38.0m $43.5m $74.8m $59.0m $66.0m $1.7m $485k $2.0m — $46.0m
Operating Lease, Right-of-Use Asset — — — $1.2b $1.5b $227.1m $149.0m $231.1m $329.1m $379.7m
Other Assets, Noncurrent $7.8m $9.7m $16.4m $11.7m $17.8m $4.9m $5.2m — — —
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current — — $50.2m $42.7m $25.9m $25.6m $44.8m $52.7m $94.2m $71.6m
Accrued Liabilities, Current — — — $552.6m $911.3m $509.5m $446.7m $491.9m $582.2m $672.3m
Assets $1.8b $3.1b $3.7b $5.6b $12.1b $5.1b $4.7b $4.9b $5.5b $5.9b
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current — — — $305.0m $382.7m $66.1m $42.2m $62.6m $88.5m $109.4m
Accounts Payable, Current $22.6m $57.6m $106.5m $117.8m $353.8m $89.8m $60.0m $127.3m $146.3m $152.5m
Operating Lease, Liability, Noncurrent — — — $949.9m $1.2b $176.0m $115.5m $176.6m $244.9m $278.1m
Deferred Revenue, Current $504.1m $824.3m $433.6m — — — — — — —
Deferred Revenue, Noncurrent $14.7m $18.0m $2.5m — — — — — — —
Long-term Debt, Current Maturities — — — — $270.0m — — — — —
Liabilities, Current $667.1m $1.1b $1.2b $1.8b $3.4b $902.6m $783.9m $1.1b $1.4b $1.8b
Deferred Income Tax Liabilities, Net — — — $7.8m $10.3m $1.7m $1.6m $2.4m $3.5m $68.0m
Other Liabilities, Noncurrent — $6.3m $465k — — — — — — —
Long-term Debt $225.0m $225.0m $0 $261.9m — — — — — —
Liabilities $1.1b $1.4b $1.2b $3.0b $6.9b $1.1b $903.4m $1.3b $1.7b $2.2b
Redeemable Noncontrolling Interest, Equity, Carrying Amount — — — — $1.8m — — — — —
Stockholders’ equity:
Retained Earnings (Accumulated Deficit) $417.8m $565.2m $920.3m $786.1m $624.9m ($544.3m) ($685.9m) ($694.3m) ($624.1m) ($130.4m)
Accumulated Other Comprehensive Income (Loss), Net of Tax $55.9m $132.3m $17.0m ($28.9m) $86.3m $61.6m ($30.7m) ($65.9m) ($83.9m) ($6.4m)
Additional Paid in Capital, Common Stock $142.0m $884.7m $1.5b $1.7b $4.4b $4.4b $4.4b $4.3b $4.3b $3.7b
Stockholders' Equity Attributable to Parent $644.2m $1.6b $2.5b $2.5b $5.2b $4.0b $3.8b $3.7b $3.8b $3.8b
Stockholders' Equity Attributable to Noncontrolling Interest $36.6m $19.7m $46.7m $28.5m $952k ($27.9m) ($23.7m) ($23.3m) ($169k) ($751k)
Liabilities and Equity $1.8b $3.1b $3.7b $5.6b $12.1b $5.1b $4.7b $4.9b $5.5b $5.9b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.