Educational Development Corp financial data

Symbol
EDUC on Nasdaq
Industry
Wholesale-Miscellaneous Nondurable Goods
Location
5402 South 122 Nd East Ave, Tulsa, Oklahoma
State of incorporation
Delaware
Fiscal year end
February 28
Latest financial report
Q1 2024 - May 21, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 232 % +14.6%
Quick Ratio 180 % -2.15%
Debt-to-equity 111 % -9.55%
Return On Equity 1.17 %
Return On Assets 0.57 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 8.58M shares 0%
Common Stock, Shares, Outstanding 8.58M shares -1.59%
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 +1.38%
Weighted Average Number of Shares Outstanding, Diluted 8.29M shares +1.56%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 51M USD -41.9%
General and Administrative Expense 14M USD -18.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 735K USD
Income Tax Expense (Benefit) 188K USD +12.9%
Net Income (Loss) Attributable to Parent 546K USD +15.9%
Earnings Per Share, Basic 0.07 USD/shares
Earnings Per Share, Diluted 0.07 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 845K USD +22.6%
Accounts Receivable, after Allowance for Credit Loss, Current 1.94M USD -33.4%
Inventory, Net 43.9M USD -25.7%
Assets, Current 66M USD +3.92%
Deferred Income Tax Assets, Net 1.41M USD +76.5%
Property, Plant and Equipment, Net 8.94M USD -69.9%
Operating Lease, Right-of-Use Asset 1.61M USD +96.1%
Other Assets, Noncurrent 428K USD +9.98%
Assets 90.1M USD -9.84%
Accounts Payable, Current 3.91M USD +1.2%
Employee-related Liabilities, Current 384K USD -53.6%
Accrued Liabilities, Current 1.39M USD +17.1%
Liabilities, Current 17M USD -68.6%
Deferred Income Tax Liabilities, Net 440K USD
Operating Lease, Liability, Noncurrent 888K USD +86.6%
Other Liabilities, Noncurrent 111K USD 0%
Liabilities 44.7M USD -18.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax 24.4K USD
Retained Earnings (Accumulated Deficit) 42.6M USD +1.3%
Stockholders' Equity Attributable to Parent 45.5M USD +0.48%
Liabilities and Equity 90.1M USD -9.84%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 8.75M USD +14858%
Net Cash Provided by (Used in) Financing Activities -12.2M USD -702%
Net Cash Provided by (Used in) Investing Activities 4.04M USD
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 1.28M USD +85.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 2.81M USD +41.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 1.61M USD +96.1%
Payments to Acquire Property, Plant, and Equipment 822K USD -47.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 571K USD
Lessee, Operating Lease, Liability, to be Paid 1.73M USD +99.6%
Property, Plant and Equipment, Gross 18.3M USD -58.8%
Operating Lease, Liability, Current 727K USD +109%
Lessee, Operating Lease, Liability, to be Paid, Year Two 600K USD +122%
Lessee, Operating Lease, Liability, to be Paid, Year One 736K USD +82.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) 188K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 118K USD +165%
Lessee, Operating Lease, Liability, to be Paid, Year Three 397K USD +225%
Deferred Tax Assets, Operating Loss Carryforwards 573K USD -31.1%
Deferred Federal Income Tax Expense (Benefit) 154K USD
Current Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 397K USD
Operating Lease, Payments 564K USD +265%
Current State and Local Tax Expense (Benefit) 0 USD
Current Federal Tax Expense (Benefit) 0 USD
Depreciation, Depletion and Amortization 2.49M USD +0.34%
Deferred Tax Assets, Net of Valuation Allowance 3.01M USD +11.8%
Share-based Payment Arrangement, Expense 96.2K USD -62.8%
Deferred State and Local Income Tax Expense (Benefit) 33.9K USD
Interest Expense 2.76M USD +27%