MyFinsight

HomeBlogAbout

MyFinsight

Making company financials insightful for everyone

  • About
  • Blog
  • Privacy Policy
  • Contact

Follow Us

  • X.com
  • Thread
  • Instagram

© 2026 MyFinsight. All rights reserved.

EDUCATIONAL DEVELOPMENT CORP (EDUC)

EDUCATIONAL DEVELOPMENT CORP (EDUC)

|||

Balance Sheets Overview

Current Ratio
320.01%
Quick Ratio
54.91%
Cash Ratio
27.44%
Debt to Asset Ratio
21.72%
Unit: Dollar
Assets Breakdown
    • Inventories - net
    • Operating lease right-of-use ass...
    • Property, plant and equipment - ...
    • Others
Liabilities Breakdown
    • Retained earnings
    • Capital in excess of par value
    • Less treasury stock, at cost
    • Others
Balance Sheets
2026-05-31
2026-02-28
2025-11-30
2025-08-31
Cash and cash equivalents
1,662,500
1,118,400
3,108,400
754,200
Restricted cash
147,000
222,000
322,000
518,100
Accounts receivable, less allowance for credit losses of 73,000 (may 31) and 109,600 (february 28)
570,500
861,300
759,700
1,768,600
Inventories - net
16,059,900
17,412,200
22,486,700
23,623,900
Prepaid expenses and other assets
496,400
374,600
434,100
749,900
Assets held for sale
450,000
563,600
563,600
19,309,600
Total current assets
19,386,300
20,552,100
27,674,500
46,724,300
Inventories - net
20,149,200
20,251,700
16,652,700
17,037,700
Property, plant and equipment, gross
-
15,626,700
-
-
Less accumulated depreciation
-
9,335,500
-
-
Property, plant and equipment - net
6,120,800
6,291,200
6,495,600
5,879,100
Deferred income tax asset - net
-
0
1,177,600
3,398,700
Operating lease right-of-use assets
6,742,000
6,716,100
6,945,000
768,200
Other assets
480,900
500,500
510,200
427,800
Total assets
52,879,200
54,311,600
59,455,600
74,235,800
Accounts payable
1,618,200
1,686,400
2,048,200
1,598,100
Line of credit
-
0
0
4,198,100
Deferred revenues
417,000
320,500
696,000
547,000
Operating lease liabilities, current
1,315,900
1,371,700
1,532,800
675,000
Current maturities of long-term debt
-
0
0
25,807,900
Accrued salaries and commissions
311,700
218,600
629,300
312,400
Income taxes payable
1,153,600
1,146,800
1,313,500
694,000
Other current liabilities
1,241,600
1,427,500
1,918,800
1,984,000
Total current liabilities
6,058,000
6,171,500
8,138,600
35,816,500
Operating lease liabilities, noncurrent
5,426,100
5,344,400
5,412,200
93,200
Other long-term liabilities
200
5,200
7,300
113,000
Total liabilities
11,484,300
11,521,100
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 (may 31 and february 28) shares
2,540,400
2,540,400
2,540,400
2,540,400
Capital in excess of par value
13,769,400
13,769,400
13,769,400
13,800,000
Retained earnings
38,232,600
39,628,200
42,735,200
34,933,100
Accumulated other comprehensive loss
-
0
0
0
Stockholders' equity before treasury stock
54,542,400
55,938,000
59,045,000
51,273,500
Less treasury stock, at cost
13,147,500
13,147,500
13,147,500
13,060,400
Total shareholders equity
41,394,900
42,790,500
45,897,500
38,213,100
Total liabilities and shareholders equity
52,879,200
54,311,600
59,455,600
74,235,800
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Inventories - net$16,059,900 Cash and cashequivalents$1,662,500 Accounts receivable,less allowance for...$570,500 Prepaid expenses andother assets$496,400 Assets held for sale$450,000 Restricted cash$147,000 Inventories - net$20,149,200 Total current assets$19,386,300 Operating leaseright-of-use assets$6,742,000 Property, plant andequipment - net$6,120,800 Other assets$480,900 Total assets$52,879,200 Total liabilities andshareholders equity$52,879,200 Total shareholdersequity$41,394,900 Total liabilities$11,484,300 Less treasury stock,at cost$13,147,500 Stockholders' equity beforetreasury stock$54,542,400 Total currentliabilities$6,058,000 Operating leaseliabilities, noncurrent$5,426,100 Other long-termliabilities$200 Retained earnings$38,232,600 Capital in excess of parvalue$13,769,400 Common stock, 0.20 parvalue authorized...$2,540,400 Accounts payable$1,618,200 Operating leaseliabilities, current$1,315,900 Other currentliabilities$1,241,600 Income taxes payable$1,153,600 Deferred revenues$417,000 Accrued salaries andcommissions$311,700