Educational Development Corporation (EDUC)

Educational Development Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2025	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Cash & Equivalents	1.04	0.43	0.84	0.69	0.36	1.81
Trading Asset Securities	-	-	0.02	-	-	-
Cash & Short-Term Investments	1.04	0.43	0.87	0.69	0.36	1.81
Cash Growth	-12.48%	-50.70%	26.09%	90.78%	-80.07%	-39.58%
Accounts Receivable	2	2.13	1.94	2.91	3.64	3.35
Receivables	2	2.13	1.94	2.91	3.64	3.35
Inventory	25.21	29.1	43.91	59.09	71.55	51.76
Prepaid Expenses	0.81	0.67	0.51	0.77	0.86	1.12
Restricted Cash	0.72	0.55	0.43	-	-	-
Other Current Assets	19.28	19.38	18.38	0.1	0.1	0.1
Total Current Assets	49.06	52.25	66.04	63.55	76.51	58.14
Property, Plant & Equipment	7.08	7.51	10.55	30.48	30.98	29.99
Long-Term Deferred Tax Assets	2.93	2.54	1.41	0.8	0.12	-
Other Long-Term Assets	17.27	16.02	12.1	5.11	2.32	0.72
Total Assets	76.33	78.31	90.11	99.94	109.93	88.85
Accounts Payable	1.52	1.85	3.91	3.86	12.41	19.67
Accrued Expenses	0.51	1.93	2.7	3.04	5.07	7.86
Short-Term Debt	4.2	4.61	5.95	10.63	17.72	5.25
Current Portion of Long-Term Debt	26.25	26.69	1.8	34.89	2.54	0.53
Current Portion of Leases	0.67	0.7	0.73	0.35	0.11	0.01
Current Income Taxes Payable	0.7	0.46	0.77	-	0.24	0.13
Current Unearned Revenue	0.47	0.49	0.58	0.6	0.68	2.48
Other Current Liabilities	2.15	0.5	0.57	0.74	1.48	1.98
Total Current Liabilities	36.46	37.22	17.01	54.12	40.26	37.92
Long-Term Debt	-	-	26.64	-	22.41	10.45
Long-Term Leases	0.25	0.41	0.89	0.48	0.38	0.02
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.09
Other Long-Term Liabilities	0.11	0.11	0.11	0.11	0.11	0.11
Total Liabilities	36.82	37.75	44.65	54.71	63.17	48.59
Common Stock	2.54	2.54	2.54	2.54	2.54	2.48
Additional Paid-In Capital	13.8	13.8	13.41	13.19	12.25	10.86
Retained Earnings	36.23	37.3	42.57	42.02	44.53	39.68
Treasury Stock	-13.06	-13.06	-13.09	-12.52	-12.55	-12.77
Comprehensive Income & Other	-	-0.02	0.02	-	-	-
Shareholders' Equity	39.51	40.57	45.45	45.23	46.77	40.26
Total Liabilities & Equity	76.33	78.31	90.11	99.94	109.93	88.85
Total Debt	31.37	32.4	36.01	46.35	43.17	16.26
Net Cash (Debt)	-30.33	-31.97	-35.14	-45.66	-42.81	-14.45
Net Cash Per Share	-3.60	-3.83	-4.24	-5.60	-5.06	-1.72
Filing Date Shares Outstanding	8.58	8.58	8.58	8.58	8.72	8.35
Total Common Shares Outstanding	8.58	8.58	8.58	8.71	8.71	8.35
Working Capital	12.6	15.02	49.02	9.43	36.25	20.23
Book Value Per Share	4.60	4.73	5.30	5.19	5.37	4.82
Tangible Book Value	39.51	40.57	45.45	45.23	46.77	40.26
Tangible Book Value Per Share	4.60	4.73	5.30	5.19	5.37	4.82
Land	-	-	-	4.11	4.11	4.11
Buildings	-	-	-	22.7	22.7	22.32
Machinery	-	11.08	15.01	15.06	14.33	8.4
Construction In Progress	-	-	0.31	1.27	0.5	4.44

Updated May 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q