Bright Scholar Education Holdings Limited (BEDU) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 | Q3'20 |
|---|
| Total Current Assets | 60.35M | 597.54M | 663.77M | 826.61M | 847.21M | 916.79M | 927.4M | 1.15B | 1.16B | 676.72M | 1.19B | 3.05B | 3.33B | 3.33B | 3.69B | 4.39B | 4.52B | 4.12B | 4.7B | 4.38B |
| Cash & Short-Term Investments | 45.81M | 435.2M | 493.38M | 515.2M | 504.54M | 502.61M | 537.33M | 566.21M | 630.29M | 676.72M | 676.72M | 1.99B | 2.13B | 2.13B | 844.68M | 3.17B | 3.26B | 2.85B | 3.39B | 2.97B |
| Cash Only | 45.81M | 435.2M | 493.38M | 515.2M | 474.65M | 492.66M | 537.33M | 566.21M | 630.29M | -676.72M | 664.77M | 759.85M | 918.67M | 918.67M | 844.68M | 661.2M | 1.08B | 679.57M | 3.38B | 1B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 29.89M | 9.95M | 0 | 0 | 0 | 1.35B | 11.95M | 1.23B | 1.21B | 1.21B | 0 | 2.51B | 2.18B | 2.18B | 13.7M | 1.97B |
| Accounts Receivable | 23.12M | 18.96M | 18.79M | 27.55M | 28.03M | 28.56M | 40.76M | 167.81M | 142.29M | 0 | 27.31M | 136.99M | 177.01M | 28.47M | 49.95M | 175.01M | 194.01M | 209.43M | 83.69M | 272.46M |
| Days Sales Outstanding | 192.46 | 16.76 | 64.08 | 18.15 | 19.62 | 21.76 | 26.57 | 104.44 | 116.69 | - | 24.68 | 114.27 | 147.93 | 23.79 | 56.97 | 60.62 | 87.53 | 72.69 | 46.85 | 134.5 |
| Inventory | 796K | 821K | 1.16M | 3.87M | 5.29M | 5.16M | 5.48M | 5.29M | 5.73M | 0 | 6.87M | 6.73M | 7.05M | 7.05M | 7.58M | 24.09M | 25.37M | 24.54M | 28.01M | 29.6M |
| Days Inventory Outstanding | 9.47 | 1.02 | 2.47 | 4.02 | 5.36 | 5.1 | 4.44 | 4.91 | 6.35 | - | 7.83 | 8.13 | 8.37 | 8.37 | 10.18 | 13.84 | 14.36 | 14.72 | 20.34 | 24.14 |
| Other Current Assets | -9.37M | 135.8M | 89.66M | 279.99M | 596.75M | 732.15M | 338.77M | 547.1M | 495.83M | 0 | 469.57M | 1.03B | 1.17B | 1.17B | 2.77B | 1.15B | 1.17B | 1.19B | 6.09B | 1.31B |
| Total Non-Current Assets | 251.03M | 2.34B | 2.38B | 3.38B | 3.57B | 3.59B | 3.69B | 3.85B | 3.86B | -676.72M | 4.28B | 4.59B | 4.6B | 4.6B | 4.94B | 6.19B | 6.29B | 6.04B | 6.12B | 6B |
| Property, Plant & Equipment | 184.9M | 1.73B | 1.77B | 1.82B | 1.87B | 1.89B | 1.97B | 1.95B | 1.9B | 1.89B | 1.87B | 2.03B | 2.04B | 2.04B | 2.3B | 3.02B | 3.15B | 2.98B | 3.05B | 3.06B |
| Fixed Asset Turnover | 0.24x | 0.24x | 0.06x | 0.30x | 0.28x | 0.25x | 0.28x | 0.30x | 0.23x | 0.28x | 0.22x | 0.22x | 0.21x | 0.21x | 0.14x | 0.35x | 0.26x | 0.35x | 0.21x | 0.24x |
| Goodwill | 57.06M | 525.92M | 527.3M | 1.18B | 1.32B | 1.31B | 1.33B | 1.5B | 1.48B | 1.48B | 1.83B | 1.89B | 1.89B | 1.89B | 1.95B | 2.29B | 2.29B | 2.23B | 2.28B | 2.24B |
| Intangible Assets | 5.17M | 48.28M | 49.6M | 325.13M | 333.28M | 334.2M | 343.08M | 336.7M | 331.51M | 331.51M | 430.5M | 452.49M | 458.52M | 458.52M | 485.82M | 663.66M | 671.23M | 658.23M | 683.6M | 659.97M |
| Long-Term Investments | 2.65M | 2.65M | 24.42M | 35.72M | 35.76M | 36.25M | 36.07M | 38.62M | 38.67M | 38.67M | 40.49M | 80M | 75.12M | 75.12M | 75.44M | 53.44M | 53.08M | 54.38M | 55.14M | 13.49M |
| Other Non-Current Assets | 1.12M | 32.23M | 9.36M | 16.17M | 15.57M | 15.57M | 16.9M | 20M | 15.77M | -676.72M | 16.99M | 14.01M | 14.52M | 128.02M | 69.67M | 86.52M | 76.48M | 74.39M | 18.05M | 14.24M |
| Total Assets | 311.38M | 2.94B | 3.05B | 4.21B | 4.42B | 4.51B | 4.62B | 5B | 5.02B | 5.02B | 5.47B | 7.64B | 7.93B | 7.93B | 8.63B | 10.59B | 10.81B | 10.16B | 10.82B | 10.39B |
| Asset Turnover | 0.14x | 0.14x | 0.04x | 0.13x | 0.12x | 0.11x | 0.12x | 0.12x | 0.09x | 0.11x | 0.07x | 0.06x | 0.06x | 0.06x | 0.04x | 0.10x | 0.07x | 0.10x | 0.06x | 0.07x |
| Asset Growth % | -92.96% | -34.83% | -34.07% | -15.81% | -11.97% | -10.18% | -15.53% | -34.66% | -36.68% | -36.68% | -36.65% | -27.78% | -26.67% | -21.99% | -20.24% | 1.91% | 1.9% | 9.19% | 38.9% | 121.6% |
| Total Current Liabilities | 88.4M | 894.4M | 1B | 1.19B | 1.3B | 1.39B | 1.48B | 1.6B | 1.58B | 1.58B | 1.58B | 3.43B | 3.65B | 3.65B | 4.03B | 3.2B | 3.51B | 3.06B | 3.7B | 3.03B |
| Accounts Payable | 10.18M | 11.38M | 91.84M | 105.93M | 93.7M | 143.01M | 105.19M | 130.84M | 119.7M | 0 | 100.23M | 103.58M | 73.51M | 73.51M | 73.41M | 105.62M | 87.01M | 117.18M | 68.23M | 100.64M |
| Days Payables Outstanding | 121.11 | 14.21 | 195.67 | 110.08 | 95.07 | 141.35 | 85.2 | 121.39 | 132.51 | - | 114.3 | 125.12 | 87.31 | 87.31 | 98.62 | 60.65 | 49.25 | 70.26 | 49.55 | 82.1 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 163.93M | 156.93M | 0 | 18.5M | 1.97B | 2.25B | 2.25B | 2.59B | 1.06B | 886M | 945.8M | 930.8M | 938.61M |
| Deferred Revenue (Current) | 32.43M | 0 | 498.15M | 0 | 49.84M | 49.03M | 541.68M | 503.53M | 538.25M | 0 | 70.43M | 344.94M | 342.47M | 0 | 425.95M | 891.87M | 1.35B | 910.37M | 1.54B | 754.67M |
| Other Current Liabilities | 937K | 488.03M | 27.88M | 740.29M | 1.01B | 1.04B | 1.05B | 920.3M | 952.36M | 1.46B | 1.36B | 949.18M | 959.15M | 959.15M | 1.12B | 1.2B | 1.63B | 1.18B | 2.35B | 1.18B |
| Current Ratio | 0.68x | 0.67x | 0.66x | 0.69x | 0.65x | 0.66x | 0.63x | 0.72x | 0.74x | 0.43x | 0.75x | 0.89x | 0.91x | 0.91x | 0.91x | 1.37x | 1.29x | 1.35x | 1.27x | 1.45x |
| Quick Ratio | 0.67x | 0.67x | 0.66x | 0.69x | 0.65x | 0.66x | 0.62x | 0.71x | 0.74x | 0.43x | 0.75x | 0.89x | 0.91x | 0.91x | 0.91x | 1.37x | 1.28x | 1.34x | 1.26x | 1.44x |
| Cash Conversion Cycle | 80.82 | 3.58 | -129.12 | -87.91 | -70.08 | -114.49 | -54.19 | -12.04 | -9.47 | - | -81.79 | -2.72 | 68.99 | -55.14 | -31.47 | 13.8 | 52.64 | 17.14 | 17.64 | 76.55 |
| Total Non-Current Liabilities | 150.56M | 1.41B | 1.44B | 1.48B | 1.5B | 1.52B | 1.57B | 1.52B | 1.5B | 0 | 1.47B | 1.63B | 1.64B | 1.64B | 1.79B | 3.95B | 4.01B | 3.84B | 4B | 4.09B |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 633K | 631K | 595K | 595K | 616K | 1.95B | 1.98B | 2.01B | 2.02B | 2.18B |
| Capital Lease Obligations | 148.14M | 1.38B | 1.4B | 1.45B | 1.46B | 1.47B | 1.52B | 1.49B | 1.47B | 0 | 1.44B | 1.59B | 1.6B | 1.6B | 1.67B | 1.93B | 1.92B | 1.74B | 1.66B | 1.82B |
| Deferred Tax Liabilities | 2.32M | 3.17M | 31.17M | 34.65M | 40.96M | 40.96M | 42.09M | 19.82M | 0 | 0 | 21.71M | 0 | 0 | 0 | 26.74M | 0 | 0 | 0 | 57.83M | 0 |
| Other Non-Current Liabilities | 22.2M | 30.18M | 0 | 0 | 0 | 0 | 0 | 5.45M | 27.46M | 0 | 10.41M | 36.44M | 40.38M | 40.38M | 93.24M | 73.42M | 106.78M | 98.39M | 323.17M | 95.94M |
| Total Liabilities | 238.96M | 2.31B | 2.44B | 2.68B | 2.81B | 2.9B | 3.05B | 3.12B | 3.08B | 3.08B | 3.06B | 5.06B | 5.29B | 5.29B | 5.83B | 7.15B | 7.52B | 6.9B | 7.7B | 7.12B |
| Total Debt | 159.94M | 1.49B | 1.51B | 1.57B | 1.59B | 1.6B | 1.65B | 1.76B | 1.74B | 0 | 1.47B | 3.68B | 3.97B | 3.97B | 4.47B | 5.07B | 5B | 4.91B | 5.05B | 5.14B |
| Net Debt | 114.13M | 1.06B | 1.02B | 1.05B | 1.11B | 1.1B | 1.11B | 1.2B | 1.11B | 676.72M | 806.55M | 2.92B | 3.05B | 3.05B | 3.62B | 4.41B | 3.92B | 4.23B | 1.67B | 4.14B |
| Debt / Equity | 2.21x | 2.36x | 2.49x | 1.03x | 0.98x | 0.99x | 1.05x | 0.94x | 0.90x | - | 0.61x | 1.43x | 1.50x | 1.50x | 1.59x | 1.47x | 1.52x | 1.50x | 1.62x | 1.57x |
| Debt / EBITDA | 11.47x | 24.90x | - | - | 45.53x | 23.48x | - | 18.46x | - | - | - | 362.70x | 90.31x | 90.31x | - | 20.51x | 284.16x | 17.50x | - | 27.56x |
| Net Debt / EBITDA | 8.18x | 17.63x | - | - | 31.92x | 16.24x | - | 12.53x | - | 7.73x | - | 287.76x | 69.41x | 69.41x | - | 17.83x | 222.80x | 15.07x | - | 22.19x |
| Interest Coverage | - | - | - | -3831.59x | 6.12x | - | - | 25.87x | -19.94x | - | -3.09x | -0.40x | - | - | -4.31x | 4.06x | -1.21x | 6.18x | -3.24x | 3.16x |
| Total Equity | 72.42M | 631.1M | 606.11M | 1.53B | 1.61B | 1.61B | 1.57B | 1.88B | 1.94B | 2.11B | 2.41B | 2.58B | 2.64B | 2.64B | 2.81B | 3.44B | 3.29B | 3.26B | 3.12B | 3.27B |
| Equity Growth % | -95.52% | -60.77% | -61.44% | -18.62% | -16.91% | -23.93% | -34.88% | -27.17% | -26.47% | -19.98% | -14.02% | -24.94% | -19.76% | -19.01% | -10.16% | 5.22% | 0.2% | -0.65% | 1.33% | 4.67% |
| Book Value per Share | 9.71 | 84.65 | 81.72 | 206.16 | 217.73 | 216.89 | 189.80 | 253.32 | 262.04 | 285.14 | 325.38 | 347.84 | 356.19 | 356.19 | 377.45 | 461.47 | 441.69 | 437.26 | 417.83 | 435.60 |
| Total Shareholders' Equity | 61.36M | 529.12M | 516.81M | 1.42B | 1.46B | 1.45B | 1.42B | 1.71B | 1.72B | 1.9B | 2.19B | 2.36B | 2.41B | 2.41B | 2.55B | 3.06B | 2.9B | 2.89B | 2.74B | 2.91B |
| Common Stock | 1K | 1K | 8K | 8K | 8K | 8K | 8K | 8K | 8K | 8K | 8K | 8K | 8K | 8K | 8K | 8K | 8K | 8K | 8K | 8K |
| Retained Earnings | -159.85M | -1.48B | -1.47B | -485.45M | -415.76M | -418.46M | -473.15M | -128.55M | -90.45M | -70.3M | 471.35M | 578.34M | 588.33M | 602.15M | 648.94M | 939.51M | 770.07M | 815.06M | 632.72M | 784.08M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -308K | -37.31M | 207.93M | 198.42M | 181.21M | 174.25M | 192.38M | 146.87M | 118.25M | 1.67B | 22.95M | 89.31M | 127.48M | 113.67M | 170.85M | 296.57M | 291.88M | 226.72M | 250.94M | 160.41M |
| Minority Interest | 11.07M | 101.98M | 89.3M | 109.4M | 150.4M | 155.49M | 155.05M | 171.97M | 219.29M | 219.29M | 225.64M | 218.88M | 234.33M | 234.33M | 260.05M | 374.35M | 397.45M | 376.35M | 386.45M | 355.83M |