TAL Education Group Balance Sheet Health
Financial Health criteria checks 6/6
TAL Education Group has a total shareholder equity of $3.6B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.9B and $1.3B respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$3.30b |
Equity | US$3.64b |
Total liabilities | US$1.29b |
Total assets | US$4.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IZZ's short term assets ($3.7B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: IZZ's short term assets ($3.7B) exceed its long term liabilities ($207.0M).
Debt to Equity History and Analysis
Debt Level: IZZ is debt free.
Reducing Debt: IZZ has no debt compared to 5 years ago when its debt to equity ratio was 8.5%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable IZZ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IZZ is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 21.2% per year.