For the quarter ending 2025-11-30, EDUC has $59,455,600 in assets. $13,558,100 in debts. $3,108,400 in cash and cash equivalents.
| Balance Sheets | 2025-11-30 | 2025-08-31 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 3,108,400 | 754,200 | ||
| Restricted cash | 322,000 | 518,100 | ||
| Accounts receivable, less allowance for credit losses of 99,000 (november 30) and 112,300 (february 28) | 759,700 | 1,768,600 | ||
| Inventories - net | 22,486,700 | 23,623,900 | ||
| Prepaid expenses and other assets | 434,100 | 749,900 | ||
| Assets held for sale | 563,600 | 19,309,600 | ||
| Total current assets | 27,674,500 | 46,724,300 | ||
| Inventories - net | 16,652,700 | 17,037,700 | ||
| Property, plant and equipment - net | 6,495,600 | 5,879,100 | ||
| Deferred income tax asset | 1,177,600 | 3,398,700 | ||
| Operating lease right-of-use assets | 6,945,000 | 768,200 | ||
| Other assets | 510,200 | 427,800 | ||
| Total assets | 59,455,600 | 74,235,800 | ||
| Accounts payable | 2,048,200 | 1,598,100 | ||
| Line of credit | 0 | 4,198,100 | ||
| Deferred revenues | 696,000 | 547,000 | ||
| Current maturities of long-term debt | 0 | 25,807,900 | ||
| Accrued salaries and commissions | 629,300 | 312,400 | ||
| Income taxes payable | 1,313,500 | 694,000 | ||
| Operating lease liabilities, current | 1,532,800 | 675,000 | ||
| Other current liabilities | 1,918,800 | 1,984,000 | ||
| Total current liabilities | 8,138,600 | 35,816,500 | ||
| Operating lease liabilities, non-current | 5,412,200 | 93,200 | ||
| Other long-term liabilities | 7,300 | 113,000 | ||
| Total liabilities | 13,558,100 | 36,022,700 | ||
| Common stock, 0.20 par value authorized 16,000,000 shares issued 12,702,080 shares outstanding 8,511,364 (november 30) and 8,583,201 (february 28) shares | 2,540,400 | 2,540,400 | ||
| Capital in excess of par value | 13,769,400 | 13,800,000 | ||
| Retained earnings | 42,735,200 | 34,933,100 | ||
| Accumulated other comprehensive loss | 0 | 0 | ||
| Stockholders' equity | 59,045,000 | 51,273,500 | ||
| Less treasury stock, at cost | 13,147,500 | 13,060,400 | ||
| Total shareholders equity | 45,897,500 | 38,213,100 | ||
| Total liabilities and shareholders equity | 59,455,600 | 74,235,800 | ||
EDUCATIONAL DEVELOPMENT CORP (EDUC)
EDUCATIONAL DEVELOPMENT CORP (EDUC)