TAL Education Group's Total Assets for the quarter that ended in Nov. 2023 was $4,913 Mil.
During the past 12 months, TAL Education Group's average Total Assets Growth Rate was 1.70% per year.
During the past 3 years, the average Total Assets Growth Rate was -22.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 2.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 40.90% per year.
During the past 13 years, TAL Education Group's highest 3-Year average Total Assets Growth Rate was 123.70%. The lowest was -22.60%. And the median was 57.25%.
The historical data trend for TAL Education Group's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
TAL Education Group's Total Assets for the fiscal year that ended in Feb. 2023 is calculated as
* 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.
TAL Education Group (NYSE:TAL) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Nov. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
TAL Education Group's Asset Turnover for the quarter that ended in Nov. 2023 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
TAL Education Group Total Assets Related Terms
Thank you for viewing the detailed overview of TAL Education Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
TAL Education Group (TAL Education Group) Business Description
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.
TAL Education Group (TAL Education Group) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TAL has been successfully added to your 