TAL Education Group Balance Sheet

Financials in millions USD. Fiscal year is March - February.

Millions USD. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Cash & Equivalents	1,524	1,771	2,209	2,022	1,638
Short-Term Investments	1,715	1,847	1,095	1,150	1,071
Cash & Short-Term Investments	3,239	3,618	3,303	3,172	2,709
Cash Growth	-10.48%	9.54%	4.16%	17.09%	-54.38%
Accounts Receivable	0.05	0.04	0.34	0.42	0.92
Other Receivables	-	-	-	5.07	19.5
Total Trade Receivables	0.05	0.04	0.34	5.49	20.42
Inventory	143.33	104.88	68.33	39	21.83
Other Current Assets	460.42	403.63	327.15	252.38	878.4
Total Current Assets	3,843	4,127	3,699	3,468	3,629
Net Property, Plant & Equipment	880.44	801.43	636.42	437.88	508.3
Other Intangible Assets	235.75	182.88	191.04	194.36	219.4
Goodwill	45.55	-	-	-	-
Long-Term Investments	828.25	305.11	284.27	453.38	414.49
Other Long-Term Assets	103.19	86.73	117.05	170.33	310.96
Total Assets	5,936	5,503	4,928	4,724	5,083
Accounts Payable	152.51	146.3	127.32	59.99	89.84
Accrued Expenses	672.34	582.23	491.91	446.71	558.72
Current Portion of Leases	109.39	88.45	62.6	42.17	66.11
Unearned Revenue	832.84	624.27	400.29	234.89	187.72
Other Current Liabilities	0.1	0.09	0.1	0.1	0.21
Total Current Liabilities	1,767	1,441	1,082	783.87	902.58
Long-Term Leases	278.08	244.9	176.61	115.55	175.99
Other Long-Term Liabilities	117.33	50.43	30.35	4.03	1.69
Total Long-Term Liabilities	395.42	295.32	206.97	119.58	177.68
Total Liabilities	2,163	1,737	1,289	903.44	1,080
Common Stock	0.21	0.2	0.2	0.22	0.22
Treasury Stock	-0.02	-	-	-0.01	-
Additional Paid-in Capital	3,694	4,295	4,257	4,401	4,358
Accumulated Other Comprehensive Income	-6.38	-83.91	-65.93	-30.67	61.62
Retained Earnings	86.21	-444.54	-529.13	-525.56	-389.95
Total Common Shareholders' Equity	3,774	3,767	3,662	3,845	4,030
Minority Interest	-0.75	-0.17	-23.33	-23.73	-27.89
Shareholders' Equity	3,774	3,766	3,639	3,821	4,002
Total Liabilities & Equity	5,936	5,503	4,928	4,724	5,083
Total Debt	387.48	333.35	239.22	157.72	242.09
Net Cash (Debt)	2,852	3,285	3,064	3,014	2,467
Net Cash Growth	-13.19%	7.21%	1.67%	22.18%	37.70%
Net Cash Per Share	4.93	5.34	5.02	4.73	3.83
Book Value	3,774	3,767	3,662	3,845	4,030
Book Value Per Share	6.52	6.12	6.00	6.03	6.25
Tangible Book Value	3,493	3,584	3,471	3,650	3,811
Tangible Book Value Per Share	6.04	5.82	5.69	5.72	5.91

Updated Feb 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.