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TAL Education Group (NYSE:XRS)
Cash to Debt Ratio
3.21 (As of May. 2016)

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. TAL Education Group's cash to debt ratio for the quarter that ended in May. 2016 was 3.21.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, TAL Education Group could pay off its debt using the cash in hand for the quarter that ended in May. 2016.

XRS' s Cash to Debt Range Over the Past 10 Years
Min: 2.26   Max: No Debt
Current: 3.21

During the past 8 years, TAL Education Group's highest Cash to Debt Ratio was No Debt. The lowest was 2.26. And the median was No Debt.

XRS's Cash to Debt is ranked higher than
85% of the 155 Companies
in the Global Education & Training Services industry.

( Industry Median: 3.78 vs. XRS: 3.21 )

Definition

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Current Portion of Long-Term Debt and Long-Term Debt. This ratio measures the financial strength of a company. This ratio is updated quarterly.

TAL Education Group's Cash to Debt Ratio for the fiscal year that ended in Feb. 2016 is calculated as:

TAL Education Group had no debt.

TAL Education Group's Cash to Debt Ratio for the quarter that ended in May. 2016 is calculated as:

 Cash to Debt Ratio = Cash, Cash Equivalents, Marketable Securities / Total Debt = Cash, Cash Equivalents, Marketable Securities / (Short-Term Debt + Long-Term Debt) = 732.657 / (0 + 228.278) = 3.21

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

TAL Education Group Annual Data

 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 cash2debt 0.00 0.00 No Debt 105.34 No Debt No Debt No Debt No Debt No Debt No Debt

TAL Education Group Quarterly Data

 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 cash2debt No Debt No Debt No Debt 2.52 No Debt 2.62 2.26 2.48 No Debt 3.21
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