Educational Development Corp financial data

Symbol
EDUC on Nasdaq
Industry
Wholesale-Miscellaneous Nondurable Goods
Location
5402 South 122 Nd East Ave, Tulsa, OK
State of incorporation
Delaware
Fiscal year end
February 28
Latest financial report
10-Q - Q2 2024 - Jul 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 348 % +101%
Quick Ratio 246 % +55.7%
Debt-to-equity 105 % -13.8%
Return On Equity 0.31 %
Return On Assets 0.15 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 8.58M shares +0.08%
Common Stock, Shares, Outstanding 8.58M shares +0.05%
Entity Public Float 9.52M USD -52.1%
Common Stock, Value, Issued 2.54M USD 0%
Weighted Average Number of Shares Outstanding, Basic 8.27M shares -0.14%
Weighted Average Number of Shares Outstanding, Diluted 8.27M shares -0.14%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 46.5M USD -41.3%
General and Administrative Expense 13.6M USD -17.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 188K USD -45.5%
Income Tax Expense (Benefit) 47.9K USD -42.8%
Net Income (Loss) Attributable to Parent 140K USD -46.5%
Earnings Per Share, Basic 0.03 USD/shares -36.4%
Earnings Per Share, Diluted 0.03 USD/shares -36.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.14M USD +30.3%
Accounts Receivable, after Allowance for Credit Loss, Current 2.31M USD -13.9%
Inventory, Net 39M USD -30.8%
Assets, Current 62.3M USD +2.53%
Deferred Income Tax Assets, Net 1.55M USD +37.2%
Property, Plant and Equipment, Net 8.58M USD -70.7%
Operating Lease, Right-of-Use Asset 1.45M USD +99.4%
Other Assets, Noncurrent 437K USD -62.8%
Assets 88M USD -10.4%
Accounts Payable, Current 3.69M USD -20.3%
Employee-related Liabilities, Current 804K USD -5.39%
Accrued Liabilities, Current 1.39M USD +17.1%
Liabilities, Current 16.6M USD -69.1%
Deferred Income Tax Liabilities, Net 440K USD
Operating Lease, Liability, Noncurrent 760K USD +95.9%
Other Liabilities, Noncurrent 111K USD -77.8%
Liabilities 43.7M USD -19.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax 47.3K USD
Retained Earnings (Accumulated Deficit) 41.3M USD +0.34%
Stockholders' Equity Attributable to Parent 44.3M USD +0.94%
Liabilities and Equity 88M USD -10.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 1.2M USD +2.08%
Net Cash Provided by (Used in) Financing Activities -341K USD +50.5%
Net Cash Provided by (Used in) Investing Activities -108K USD +64%
Common Stock, Shares Authorized 16M shares 0%
Common Stock, Shares, Issued 12.7M shares 0%
Common Stock, Par or Stated Value Per Share 0.2 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.03M USD +132%
Interest Paid, Excluding Capitalized Interest, Operating Activities 583K USD -19.3%
Operating Lease, Liability 1.45M USD +99.4%
Payments to Acquire Property, Plant, and Equipment 112K USD -62.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 188K USD -43.9%
Lessee, Operating Lease, Liability, to be Paid 1.54M USD +102%
Property, Plant and Equipment, Gross 18.3M USD -58.8%
Operating Lease, Liability, Current 688K USD +104%
Lessee, Operating Lease, Liability, to be Paid, Year Two 600K USD +122%
Lessee, Operating Lease, Liability, to be Paid, Year One 546K USD +83.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 95.7K USD +163%
Lessee, Operating Lease, Liability, to be Paid, Year Three 397K USD +225%
Deferred Tax Assets, Operating Loss Carryforwards 573K USD -31.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 397K USD
Operating Lease, Payments 648K USD +191%
Depreciation, Depletion and Amortization 487K USD -28.8%
Deferred Tax Assets, Net of Valuation Allowance 3.01M USD +11.8%
Share-based Payment Arrangement, Expense 96.2K USD -62.8%
Interest Expense 2.6M USD +3.36%