Consumer Defensive - Education & Training Services - NYSE - CN
$ 2.59
-1.15 %
$ 669 M
Market Cap
-7.85
P/E
BALANCE SHEET
5.41 B
ASSETS
2.31 B
LIABILITIES
3.11 B
EQUITY
BALANCE SHEET DECOMPOSITION
Balance Sheet Decomposition
Gaotu Techedu Inc.
| Current Assets | 3.59 B |
| Cash & Short-Term Investments | 2.89 B |
| Receivables | 71.7 M |
| Other Current Assets | 625 M |
| Non-Current Assets | 1.83 B |
| Long-Term Investments | 1.03 B |
| PP&E | 723 M |
| Other Non-Current Assets | 73.8 M |
| Current Liabilities | 1.97 B |
| Accounts Payable | 0 |
| Short-Term Debt | 50.5 M |
| Other Current Liabilities | 1.92 B |
| Non-Current Liabilities | 334 M |
| Long-Term Debt | 138 M |
| Other Non-Current Liabilities | 196 M |
Balance Sheet
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Cash & Cash Equivalents | 636.1 | 819.9 | 728.9 | 355.2 | 74.0 | 33.3 | 19.3 |
| Short Term Investments | 2 253.9 | 2 923.9 | 2 774.0 | 7 331.3 | 1 473.5 | 198.0 | 8.0 |
| Receivables | 71.7 | 222.4 | 50.0 | 11.6 | 26.6 | 25.1 | 20.4 |
| Inventory | 24.6 | 22.8 | 15.6 | 48.1 | 8.8 | 23.2 | 0 |
| Other Current Assets | 600.4 | 375.4 | 368.3 | 711.1 | 226.1 | 25.2 | 4.7 |
| Total Current Assets | 3 586.7 | 4 166.5 | 3 936.8 | 8 457.2 | 1 808.9 | 280.8 | 52.3 |
| PP&E | 723.2 | 635.7 | 1 033.9 | 1 510.9 | 346.8 | 16.8 | 7.1 |
| Intangible Assets | 42.8 | 27.4 | 28.3 | 29.0 | 100 K | 0.2 | 0 |
| Goodwill | 0.3 | 0.3 | 0.3 | 43.6 | 0.3 | 0.3 | 0 |
| Long Term Investments | 1 029.6 | 574.8 | 0 | 530.7 | 1 188.3 | 5.2 | 7.6 |
| Other Long Term Assets | 30.7 | (543.8) | 25.4 | 109.6 | 19.4 | 3.6 | 0.1 |
| Other Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 5 413.3 | 4 876.2 | 5 024.7 | 10 685.8 | 3 394.5 | 338.2 | 103.2 |
| LIABILITIES | |||||||
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short Term Debt | 50.5 | 38.3 | 80.0 | 152.6 | 60.0 | 0 | 0 |
| Other Current Liabilities | 1 847.0 | 662.2 | 607.5 | 1 315.5 | 229.2 | 348.8 | 153.7 |
| Total Current Liabilities | 1 973.3 | 1 609.2 | 1 760.3 | 4 197.4 | 1 637.2 | 355.9 | 155.0 |
| Long Term Debt | 137.7 | 44.2 | 276.0 | 644.1 | 194.2 | 0 | 0 |
| Deferred Tax Income | 72.0 | 74.5 | 71.6 | 78.7 | 25 K | 59 K | 0 |
| Other Liabilities | 0 | 0 | 26.6 | 26.6 | 0 | 466.1 | 427.1 |
| Total Liabilities | 2 307.0 | 1 780.3 | 2 143.7 | 4 955.9 | 1 837.2 | 830.7 | 582.6 |
| EQUITY | |||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 60 K | 60 K |
| Retained Earnings | (4 813.6) | (4 796.5) | (4 809.7) | (1 706.2) | (272.9) | (493.8) | (480.4) |
| Other Accumulative Comprehensive Income/Loss | 17.0 | (23.7) | (102.7) | (19.5) | 17.8 | 1.2 | 0.9 |
| Total Equity | 3 106.3 | 3 095.8 | 2 880.9 | 5 729.9 | 1 557.4 | (492.5) | (479.4) |
| Total Liabilities and Equity | 5 413.3 | 4 876.2 | 5 024.7 | 10 685.8 | 3 394.5 | 338.2 | 103.2 |
| SHARES OUTSTANDING | |||||||
| Common Shares Outstanding | 260.6 | 258.4 | 256.2 | 239.6 | 209.1 | 235.0 | 235.0 |