Quality Online Education Group Inc. (QOEG)

QOEG Balance Sheet

Financials in millions USD. Fiscal year is September - August.

Assets

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2014
Period Ending	May 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019	Aug 31, 2014
Cash & Equivalents	0.17	0.18	0.1	0.04	0.15	0.1
Cash & Short-Term Investments	0.17	0.18	0.1	0.04	0.15	0.1
Cash Growth	12.01%	72.29%	140.17%	-71.19%	57.52%	-41.69%
Accounts Receivable	-	0.04	-	-	-	1.46
Other Receivables	0.03	-	0.07	0.03	0.04	0.29
Receivables	0.03	0.04	0.07	0.03	0.04	2.59
Prepaid Expenses	0.06	-	0.04	0.01	0	-
Restricted Cash	-	-	-	-	-	0.26
Total Current Assets	0.25	0.22	0.22	0.08	0.2	2.95
Property, Plant & Equipment	0.97	0	0.02	0.04	0.03	2
Long-Term Investments	-	-	-	-	-	2.29
Goodwill	-	-	-	-	-	0.15
Other Intangible Assets	0.76	0.76	1	1.01	0.07	1.05
Other Long-Term Assets	-	-	0.03	0.01	0	0.35
Total Assets	1.98	0.98	1.27	1.14	0.3	8.79

Liabilities

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2014
Period Ending	May 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019	Aug 31, 2014
Accounts Payable	0.59	0.18	0.01	0.1	0.04	-
Accrued Expenses	0.12	0.02	0.17	0.02	0.03	0.41
Short-Term Debt	0.02	0.16	0.18	0.1	1.29	0.25
Current Portion of Long-Term Debt	-	-	-	-	-	0.57
Current Portion of Leases	-	-	-	-	-	0.01
Current Income Taxes Payable	-	-	-	0	0	0.59
Current Unearned Revenue	4.02	1.4	0.95	0.33	0.04	0.15
Other Current Liabilities	0.54	0.11	0.29	0.29	-	0.71
Total Current Liabilities	5.28	1.87	1.6	0.84	1.4	2.68
Long-Term Debt	-	-	-	-	-	4.2
Long-Term Leases	-	-	-	-	-	0.02
Long-Term Unearned Revenue	-	-	-	-	-	0.29
Other Long-Term Liabilities	0.09	0.09	0.1	0.06	-	-
Total Liabilities	5.37	1.97	1.7	0.9	1.4	7.2

Shareholders' Equity

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2014
Period Ending	May 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019	Aug 31, 2014
Common Stock	0.3	0.29	0.28	0	-	0
Additional Paid-In Capital	9.43	7.62	5.44	4.52	0.01	3.45
Retained Earnings	-13.12	-8.89	-6.15	-4.05	-1.14	1.4
Comprehensive Income & Other	0	-0.01	-0	-0.22	0.03	-3.1
Total Common Equity	-3.39	-0.98	-0.43	0.24	-1.1	1.75
Minority Interest	-	-	-	-	-	-0.16
Shareholders' Equity	-3.39	-0.98	-0.43	0.24	-1.1	1.6
Total Liabilities & Equity	1.98	0.98	1.27	1.14	0.3	8.79

Additional Metrics

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2014
Period Ending	May 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019	Aug 31, 2014
Total Debt	0.02	0.16	0.18	0.1	1.29	5.06
Net Cash (Debt)	0.15	0.02	-0.08	-0.05	-1.14	-4.96
Net Cash Growth	1149.31%	-	-	-	-	-
Net Cash Per Share	0.00	0.00	-0.00	-0.00	-0.03	-0.19
Filing Date Shares Outstanding	1,855	1,750	1,655	39.2	39.08	36.7
Total Common Shares Outstanding	1,855	1,750	1,655	39.2	39.08	35.34
Working Capital	-5.03	-1.65	-1.39	-0.76	-1.2	0.27
Book Value Per Share	-0.00	-0.00	-0.00	0.01	-0.03	0.05
Tangible Book Value	-4.15	-1.74	-1.43	-0.77	-1.17	0.55
Tangible Book Value Per Share	-0.00	-0.00	-0.00	-0.02	-0.03	0.02
Machinery	-	-	-	-	-	0.1
Leasehold Improvements	-	-	-	-	-	0.13

Data Source: S&P Global Market Intelligence Last updated: May 31, 2023

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 16, 2026

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