TAL Education Group (TAL Education Group) Cash, Cash Equivalents, Marketable Securities : $3,168 Mil (As of Nov. 2023)

View and export this data going back to 2010. Start your Free Trial

What is TAL Education Group Cash, Cash Equivalents, Marketable Securities?

TAL Education Group's quarterly cash, cash equivalents, marketable securities declined from May. 2023 ($3,044.72 Mil) to Aug. 2023 ($2,963.50 Mil) but then increased from Aug. 2023 ($2,963.50 Mil) to Nov. 2023 ($3,167.60 Mil).

TAL Education Group's annual cash, cash equivalents, marketable securities declined from Feb. 2021 ($5,937.51 Mil) to Feb. 2022 ($2,708.72 Mil) but then increased from Feb. 2022 ($2,708.72 Mil) to Feb. 2023 ($3,171.53 Mil).

TAL Education Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for TAL Education Group's Cash, Cash Equivalents, Marketable Securities 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.

* Premium members only.

TAL Education Group Cash, Cash Equivalents, Marketable Securities Chart

TAL Education Group Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

1,515.56

2,219.32

5,937.51

2,708.72

3,171.53

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, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															3,040.48	3,171.53	3,044.72	2,963.50	3,167.60

TAL Education Group Cash, Cash Equivalents, Marketable Securities Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

TAL Education Group (NYSE:TAL) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

TAL Education Group Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of TAL Education Group's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

TAL Education Group (TAL Education Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » TAL Education Group (NYSE:TAL) » Definitions » Cash, Cash Equivalents, Marketable Securities

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.