CCEL: the balance sheet

MyFinsight

For the year ending 2025-11-30, CCEL has $61,728,514 in assets. $80,334,443 in debts. $319,031 in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
59.41%
Quick Ratio
57.34%
Cash Ratio
1.61%
Debt to Asset Ratio
130.14%
Unit: Dollar
Assets Breakdown
Deferred tax assets
Accounts receivable (net of allo...
Less accumulated depreciation
Others
Liabilities Breakdown
Deferred revenue, net of current...
Additional paid-in capital
Accumulated deficit
Others

Balance Sheets	2025-11-30
Cash and cash equivalents	319,031
Marketable securities	2,977,013
Accounts receivable (net of allowance for doubtful accounts of 4,306,410 and 4,266,405, respectively)	6,846,180
Prepaid expenses	573,218
Inventory, current portion	408,794
Other current assets	633,985
Total current assets	11,758,221
Property and equipment	27,598,880
Less accumulated depreciation	6,564,508
Property and equipment-net	21,034,372
Intangible assets, net	863,074
Inventory, net of current portion	776,000
Goodwill	1,941,411
Deferred tax assets	23,620,711
Operating lease right-of-use asset	819,626
Deposits and other assets, net	915,099
Total other assets	28,935,921
Total assets	61,728,514

Accounts payable	2,870,771
Accrued expenses	4,278,027
Note payable	183,650
Line of credit	2,300,000
Current portion of operating lease liability	430,221
Deferred revenue	9,730,318
Total current liabilities	19,792,987
Deferred revenue, net of current portion	50,974,678
Note payable, net of current portion and debt issuance costs	8,170,130
Operating lease long-term liability	474,628
Long-term liability - revenue sharing agreements	875,000
Other liabilities	47,020
Total other liabilities	60,541,456
Total liabilities	80,334,443
Preferred stock	0
Preferred stock-Series APreferred Stock	0
Common stock (.01 par value, 20,000,000 authorized 14,877,119 issued and 8,055,150 outstanding as of november 30, 2025 and 14,869,619 issued and 8,082,159 outstanding as of november 30, 2024)	148,771
Additional paid-in capital	44,708,596
Treasury stock, at cost	25,025,058
Accumulated deficit	-38,438,238
Total stockholders' deficit	-18,605,929
Total liabilities and stockholders' deficit	61,728,514

Unit: Dollar.

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Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Time Plot

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Balance Sheets