Balance Sheet Data
TAL Education Group (TAL)
$11.15
-0.12 (-1.06%)
Year A/P | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Actual | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected | 2028 Projected |
| Total Cash | 1,515.56 | 2,219.32 | 5,937.51 | 2,708.72 | 3,171.53 | 1,243.13 | 1,199.47 | 1,157.35 | 1,116.71 | 1,077.49 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 10.54 | 15.19 | 18.61 | 20.42 | 5.49 | 4.51 | 4.35 | 4.20 | 4.05 | 3.91 |
| Account Receivables (%) | ||||||||||
| Inventories | 7.75 | 25.83 | 38.68 | 21.83 | 39 | 12.35 | 11.91 | 11.49 | 11.09 | 10.70 |
| Inventories (%) | ||||||||||
| Accounts Payable | 106.49 | 117.77 | 353.78 | 89.84 | 59.99 | 46.35 | 44.72 | 43.15 | 41.63 | 40.17 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -355.01 | -188.06 | -245.74 | -246.42 | -110.33 | -81.66 | -78.79 | -76.02 | -73.35 | -70.78 |
| Capital Expenditure (%) |
To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows)
and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.