TAL Education Group (TAL Education Group) Cash Ratio : 2.80 (As of Nov. 2023)

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What is TAL Education Group Cash Ratio?

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. TAL Education Group's Cash Ratio for the quarter that ended in Nov. 2023 was 2.80.

TAL Education Group has a Cash Ratio of 2.80. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for TAL Education Group's Cash Ratio or its related term are showing as below:

TAL' s Cash Ratio Range Over the Past 10 Years
Min: 0.81 Med: 1.32 Max: 4.09
Current: 2.8

During the past 13 years, TAL Education Group's highest Cash Ratio was 4.09. The lowest was 0.81. And the median was 1.32.

TAL's Cash Ratio is ranked better than
90.46% of 262 companies
in the Education industry
Industry Median: 0.705 vs TAL: 2.80

TAL Education Group Cash Ratio Historical Data

The historical data trend for TAL Education Group's Cash Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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TAL Education Group Cash Ratio Chart

TAL Education Group Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash Ratio

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1.28

1.23

1.76

3.00

4.05

TAL Education Group Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Cash Ratio	Get a 7-Day Free Trial															3.55	4.05	3.17	3.44	2.80

Competitive Comparison of TAL Education Group's Cash Ratio

For the Education & Training Services subindustry, TAL Education Group's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

TAL Education Group's Cash Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, TAL Education Group's Cash Ratio distribution charts can be found below:

* The bar in red indicates where TAL Education Group's Cash Ratio falls into.

TAL Education Group Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

TAL Education Group's Cash Ratio for the fiscal year that ended in Feb. 2023 is calculated as:

Cash Ratio (A: Feb. 2023 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	3171.534	/	783.865
	=	4.05

TAL Education Group's Cash Ratio for the quarter that ended in Nov. 2023 is calculated as:

Cash Ratio (Q: Nov. 2023 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	3167.598	/	1131.218
	=	2.80

TAL Education Group (NYSE:TAL) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.

TAL Education Group Cash Ratio Related Terms

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TAL Education Group (TAL Education Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » TAL Education Group (NYSE:TAL) » Definitions » Cash Ratio

Comparable Companies

Traded in Other Exchanges

TAL:Mexico 0A2X:UK IZZ:Germany IZZ:Germany T1AL34:Brazil

Address

Xiaoying West Street, 5th Floor, Tower B, Heying Center, Haidian District, Beijing, CHN, 100085

Website

http://www.100tal.com

TAL Education Group is a smart learning solutions provider in China. K-9 academic afterschool tutoring used to account for the majority of TAL's revenue before the regulatory changes in 2021 that imposed a nonprofit requirement on the business. After spinning off its K-9 academic afterschool tutoring business, TAL realigned its focus toward enrichment learning, content solutions, and learning technology solutions.