TAL Education Group (TAL) — Working Capital to Net Assets Ratio
TAL Education Group (TAL) has a Working Capital to Net Assets ratio of 37.0% as of May 2026. Working capital of $1.51 Billion (current assets of $3.69 Billion minus current liabilities of $2.18 Billion) is measured against net assets of $4.08 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can TAL Education Group fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TAL Education Group Working Capital to Net Assets (2009–2026)
This chart shows how TAL Education Group's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2009 to 2026. As of May 2026, the ratio stands at 37.0%, reflecting working capital of $1.51 Billion against net assets of $4.08 Billion USD. For the complete balance sheet picture, see how large is TAL Education Group's balance sheet.
Annual Working Capital to Net Assets for TAL Education Group (2009–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for TAL Education Group from 2009 to 2026, covering 18 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check financial resilience of TAL Education Group to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 55.0% | $2.08 Billion | $3.77 Billion | $3.84 Billion | $1.77 Billion | ▼ -16.3 pp |
| 2025 | 71.3% | $2.69 Billion | $3.77 Billion | $4.13 Billion | $1.44 Billion | ▼ -0.6 pp |
| 2024 | 71.9% | $2.62 Billion | $3.64 Billion | $3.70 Billion | $1.08 Billion | ▲ +1.7 pp |
| 2023 | 70.3% | $2.68 Billion | $3.82 Billion | $3.47 Billion | $783.87 Million | ▲ +2.1 pp |
| 2022 | 68.2% | $2.73 Billion | $4.00 Billion | $3.63 Billion | $902.58 Million | ▼ -23.7 pp |
| 2021 | 91.9% | $4.78 Billion | $5.20 Billion | $8.16 Billion | $3.37 Billion | ▲ +64.8 pp |
| 2020 | 27.1% | $689.22 Million | $2.54 Billion | $2.50 Billion | $1.81 Billion | ▲ +4.9 pp |
| 2019 | 22.2% | $562.00 Million | $2.53 Billion | $1.75 Billion | $1.18 Billion | ▼ -10.0 pp |
| 2018 | 32.2% | $528.62 Million | $1.64 Billion | $1.66 Billion | $1.13 Billion | ▲ +2.5 pp |
| 2017 | 29.7% | $201.88 Million | $678.76 Million | $869.02 Million | $667.14 Million | ▼ -0.4 pp |
| 2016 | 30.1% | $132.70 Million | $440.74 Million | $515.86 Million | $383.16 Million | ▼ -67.8 pp |
| 2015 | 97.9% | $306.88 Million | $313.57 Million | $539.43 Million | $232.56 Million | ▲ +46.5 pp |
| 2014 | 51.4% | $133.62 Million | $260.00 Million | $300.38 Million | $166.76 Million | ▼ -1.9 pp |
| 2013 | 53.2% | $101.94 Million | $191.45 Million | $226.44 Million | $124.50 Million | ▼ -2.4 pp |
| 2012 | 55.7% | $105.86 Million | $190.12 Million | $210.24 Million | $104.38 Million | ▼ -36.5 pp |
| 2011 | 92.1% | $142.85 Million | $155.05 Million | $205.45 Million | $62.60 Million | ▼ -8.3 pp |
| 2010 | 100.4% | $18.00 Million | $17.93 Million | $55.90 Million | $37.90 Million | ▼ -84.1 pp |
| 2009 | 184.5% | $6.19 Million | $3.36 Million | $32.02 Million | $25.83 Million | — |