The company maintains a conservative capital structure, evidenced by a modest debt-to-equity ratio of 0.33 as of 2026Q3, though it relies on credit facilities to manage seasonal working capital needs.
| Metric | TTM | May'25 | May'24 | May'23 | May'22 | May'21 | May'20 | May'19 | May'18 | May'17 | May'16 | May'15 | May'14 | May'13 | May'12 | May'11 | May'10 | May'09 | May'08 | May'07 | May'06 | May'05 | May'04 | May'03 | May'02 | May'01 | May'00 | May'99 | May'98 | May'97 | May'96 |
|---|
| Total Current Assets | 635.4M | 725.3M | 676.9M | 559M | 996M | 1.03B | 1.04B | 960.6M | 958.3M | 970.5M | 950.1M | 1.11B | 663.4M | 721.2M | 929.9M | 635.5M | 772.3M | 819.8M | 918M | 904.7M | 1.08B | 939.3M | 842.7M | 882.1M | 798.3M | 769.5M | 539.7M | 434.2M | 382.7M | 396.3M | 350.5M |
| Cash & Short-Term Investments | 104.6M | 124M | 113.7M | 224.5M | 316.6M | 366.5M | 393.8M | 334.1M | 391.9M | 444.1M | 399.7M | 506.8M | 20.9M | 87.4M | 194.9M | 105.3M | 244.1M | 143.6M | 120M | 22.8M | 205.3M | 110.6M | 17.8M | 58.6M | 10.7M | 13.8M | 9M | 5.9M | 5.1M | 4.9M | 4.3M |
| Cash Only | 104.6M | 124M | 113.7M | 224.5M | 316.6M | 366.5M | 393.8M | 334.1M | 391.9M | 444.1M | 399.7M | 506.8M | 20.9M | 87.4M | 194.9M | 105.3M | 244.1M | 143.6M | 120M | 22.8M | 205.3M | 110.6M | 17.8M | 58.6M | 10.7M | 13.8M | 9M | 5.9M | 5.1M | 4.9M | 4.3M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 248.3M | 303.2M | 250.2M | 286.9M | 326.2M | 344.9M | 329.8M | 250.1M | 204.9M | 199.2M | 196.3M | 193.8M | 212.1M | 214.9M | 314.1M | 220.3M | 212.5M | 197.4M | 210.7M | 230.7M | 266.8M | 269.6M | 265.7M | 266.2M | 243.8M | 220.7M | 153.7M | 136.4M | 116.7M | 100.5M | 118.4M |
| Days Sales Outstanding | 63.63 | 68.08 | 57.45 | 61.45 | 72.47 | 96.81 | 80.95 | 55.19 | 45.93 | 41.75 | 42.83 | 43.24 | 42.48 | 43.76 | 53.35 | 42.19 | 40.55 | 38.96 | 34.87 | 43.81 | 42.64 | 47.31 | 43.41 | 49.62 | 46.42 | 41.05 | 40 | 43.12 | 40.25 | 37.96 | 46.54 |
| Inventory | 282.5M | 250.2M | 264.2M | 0 | 281.4M | 269.7M | 270.6M | 323.7M | 294.9M | 282.5M | 271.2M | 257.6M | 272.7M | 278.1M | 295.3M | 309.9M | 315.7M | 344.8M | 370.2M | 422.9M | 431.5M | 404.9M | 402.6M | 382.6M | 359.5M | 340.3M | 290.7M | 227.4M | 199.3M | 222M | 189.9M |
| Days Inventory Outstanding | 135.83 | 116.41 | 126.52 | - | 124.91 | 135.41 | 121.56 | 141.33 | 136.94 | 120.85 | 123.55 | 116.6 | 109.69 | 113.28 | 101.88 | 119.57 | 125.35 | 135.4 | 120.83 | 161.31 | 135.11 | 142.98 | 135.21 | 158.31 | 153.99 | 132.41 | 168.15 | 162.78 | 147.38 | 165.17 | 158.76 |
| Other Current Assets | 0 | 47.9M | 48.8M | 47.6M | 3.7M | 0 | 0 | 52.7M | 0 | 7.2M | 16.4M | 123.8M | 144.3M | 79.6M | 79.1M | 66.7M | 72.2M | 93.7M | 168.8M | 237.7M | 122.9M | 110.3M | 114M | 127.4M | 125.9M | 133.3M | 86.3M | 64.5M | 61.6M | 68.9M | 37.9M |
| Total Non-Current Assets | -33.4M | 1.22B | 994.3M | 973.8M | 944.8M | 980M | 998.3M | 917.9M | 867.1M | 789.9M | 763M | 711.8M | 865.1M | 719.8M | 740.4M | 617.7M | 705.9M | 789M | 843.6M | 973M | 973.3M | 992.1M | 913.1M | 918.9M | 838.4M | 732.3M | 443.5M | 408.1M | 382.6M | 388.1M | 322.7M |
| Property, Plant & Equipment | -33.4M | 620.2M | 611M | 607.1M | 598.9M | 635.5M | 672.2M | 577.7M | 555.6M | 475.3M | 437.6M | 439.7M | 467M | 311.6M | 327.2M | 339M | 309.1M | 315.4M | 358.6M | 383.3M | 397M | 392.7M | 334.6M | 341.7M | 301.4M | 257.3M | 176.4M | 149.1M | 136.8M | 134M | 114.1M |
| Fixed Asset Turnover | 5.26x | 2.62x | 2.60x | 2.81x | 2.74x | 2.05x | 2.21x | 2.86x | 2.93x | 3.66x | 3.82x | 3.72x | 3.90x | 5.75x | 6.57x | 5.62x | 6.19x | 5.86x | 6.15x | 5.01x | 5.75x | 5.30x | 6.68x | 5.73x | 6.36x | 7.63x | 7.95x | 7.74x | 7.74x | 7.21x | 8.14x |
| Goodwill | 200.3M | 198.9M | 132.8M | 132.7M | 125.3M | 126.3M | 124.9M | 125.2M | 119.2M | 118.9M | 116.2M | 116.3M | 144.5M | 157.9M | 157.7M | 154.2M | 156.6M | 157M | 172.3M | 265.9M | 253.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 81.7M | 87.9M | 10.3M | 9.9M | 8.1M | 10.5M | 12.6M | 14.3M | 12.2M | 11.1M | 6.8M | 6.8M | 12.2M | 14.6M | 16.7M | 19.8M | 15.5M | 46.8M | 47.5M | 195.5M | 194.3M | 332.9M | 329.2M | 320.2M | 320M | 283.8M | 0 | 71.1M | 66.7M | 67.8M | 41.6M |
| Long-Term Investments | 204.3M | 42.1M | 37.5M | 37.6M | 37M | 40.3M | 31M | 29.4M | 100.1M | 85.1M | 85.8M | 91M | 186.1M | 186M | 162.2M | -533.2M | 38M | 41.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | -282M | 241M | 179.6M | 165.5M | 154M | 142M | 139M | 134.3M | 54.8M | 45.8M | 48.1M | 51.5M | 51.2M | 34.8M | 34.3M | 617.7M | 117.8M | 127.5M | 222.6M | 122.2M | 124.4M | 255.1M | 244.2M | 257M | 197.4M | 191.2M | 267.1M | 187.9M | 179.1M | 186.3M | 167M |
| Total Assets | 602M | 1.95B | 1.67B | 1.87B | 1.94B | 2.01B | 2.03B | 1.88B | 1.83B | 1.76B | 1.71B | 1.82B | 1.53B | 1.44B | 1.67B | 1.25B | 1.6B | 1.61B | 1.76B | 1.88B | 2.05B | 1.93B | 1.76B | 1.8B | 1.64B | 1.5B | 983.2M | 842.3M | 765.3M | 784.4M | 673.2M |
| Asset Turnover | 0.98x | 0.83x | 0.95x | 0.91x | 0.85x | 0.65x | 0.73x | 0.88x | 0.89x | 0.99x | 0.98x | 0.90x | 1.19x | 1.24x | 1.29x | 1.52x | 1.20x | 1.15x | 1.25x | 1.02x | 1.11x | 1.08x | 1.27x | 1.09x | 1.17x | 1.31x | 1.43x | 1.37x | 1.38x | 1.23x | 1.38x |
| Asset Growth % | -55.47% | 16.69% | -10.55% | -3.74% | -3.36% | -1.24% | 8.26% | 2.91% | 3.69% | 2.76% | -5.99% | 19.22% | 6.07% | -13.73% | 33.28% | -21.69% | -0.52% | -8.67% | -6.18% | -8.5% | 6.25% | 10% | -2.51% | 10.04% | 8.98% | 52.75% | 16.73% | 10.06% | -2.44% | 16.52% | 33.07% |
| Total Current Liabilities | 621.1M | 626.4M | 534.7M | 602.3M | 619.7M | 695.5M | 501.5M | 541.5M | 445.8M | 387.1M | 378.3M | 547.6M | 429.7M | 192.6M | 502.5M | 199.1M | 193.6M | 407.4M | 441.7M | 414.1M | 689M | 374.8M | 357.4M | 477.7M | 330.2M | 374.9M | 285.8M | 211.8M | 181.7M | 180.6M | 173.4M |
| Accounts Payable | 128.5M | 157.3M | 138.5M | 170.9M | 162.3M | 138M | 153.6M | 195.3M | 198.9M | 141.2M | 138.2M | 146.8M | 145.3M | 156.2M | 119.6M | 120.2M | 101M | 128.2M | 109.6M | 121.7M | 141.7M | 141.4M | 150.1M | 139.4M | 134.3M | 157.3M | 129.7M | 97M | 76.9M | 74.2M | 63.1M |
| Days Payables Outstanding | 72.94 | 73.19 | 66.32 | 74.16 | 72.04 | 69.28 | 69 | 85.27 | 92.36 | 60.41 | 62.96 | 66.45 | 58.45 | 63.62 | 41.26 | 46.38 | 40.1 | 50.34 | 35.77 | 46.42 | 44.37 | 49.93 | 50.41 | 57.68 | 57.53 | 61.2 | 75.02 | 69.44 | 56.86 | 55.2 | 52.75 |
| Short-Term Debt | 33.3M | 6.2M | 6M | 6M | 6.5M | 182.9M | 7.9M | 7.3M | 7.9M | 6.2M | 6.3M | 6M | 15.8M | 2M | 6.5M | 43.5M | 50.3M | 53.7M | 59.5M | 71.7M | 336.7M | 35.9M | 34.3M | 153.7M | 23.5M | 23.3M | 8.7M | 18.2M | 10.1M | 5.3M | 21.2M |
| Deferred Revenue (Current) | 800.7M | 178.8M | 161.1M | 169.1M | 172.8M | 99.1M | 116.5M | 130.8M | 24.7M | 24.2M | 23.5M | 21.5M | 48.7M | 48.1M | 47.1M | 49.1M | 39.8M | 34.2M | 36.2M | 24.2M | 19.3M | 22.9M | 22.7M | 18.8M | 16.2M | 12.1M | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 374.1M | 18.3M | 154.2M | 0 | 26.8M | 31.4M | 148.4M | 29.3M | 25.7M | 130.4M | 135.6M | 137.6M | 136.6M | 141.9M | 270M | 800K | 2.9M | 7.3M | 17.9M | 23.4M | 0 | 0 | -17.9M | 0 | -1.5M | 0 | 147.4M | 96.6M | 94.7M | 101.1M | 89.1M |
| Current Ratio | 1.02x | 1.16x | 1.27x | 0.93x | 1.61x | 1.48x | 2.06x | 1.77x | 2.15x | 2.51x | 2.51x | 2.03x | 1.54x | 3.74x | 1.85x | 3.19x | 3.99x | 2.01x | 2.08x | 2.18x | 1.57x | 2.51x | 2.36x | 1.85x | 2.42x | 2.05x | 1.89x | 2.05x | 2.11x | 2.19x | 2.02x |
| Quick Ratio | 0.57x | 0.76x | 0.77x | 0.93x | 1.15x | 1.09x | 1.52x | 1.18x | 1.49x | 1.78x | 1.79x | 1.56x | 0.91x | 2.30x | 1.26x | 1.64x | 2.36x | 1.17x | 1.24x | 1.16x | 0.94x | 1.43x | 1.23x | 1.05x | 1.33x | 1.14x | 0.87x | 0.98x | 1.01x | 0.97x | 0.93x |
| Cash Conversion Cycle | 126.52 | 111.31 | 117.64 | - | 125.34 | 162.94 | 133.51 | 111.25 | 90.51 | 102.2 | 103.42 | 93.39 | 93.73 | 93.41 | 113.97 | 115.38 | 125.79 | 124.02 | 119.93 | 158.7 | 133.38 | 140.36 | 128.22 | 150.25 | 142.89 | 112.25 | 133.13 | 136.46 | 130.76 | 147.92 | 152.54 |
| Total Non-Current Liabilities | 287.8M | 377.2M | 118.4M | 99.9M | 102.7M | 130.5M | 351.5M | 64.2M | 58.8M | 65.4M | 77.2M | 69.8M | 183.4M | 154.9M | 337.5M | 314.1M | 376.6M | 416.4M | 446.8M | 334.6M | 313.9M | 619.5M | 542.4M | 550.7M | 587.6M | 633.2M | 267.4M | 269.1M | 265.5M | 306.3M | 211.2M |
| Long-Term Debt | 251.3M | 250M | 0 | 0 | 0 | 7.3M | 210.6M | 0 | 0 | 0 | 0 | 0 | 120M | 57.5M | 152.8M | 159.9M | 202.5M | 250M | 295.1M | 173.4M | 173.2M | 476.5M | 492.5M | 482.2M | 525.8M | 585.3M | 241.1M | 248M | 243.5M | 287.9M | 186.8M |
| Capital Lease Obligations | 260.6M | 91.5M | 93.7M | 73.8M | 69.8M | 67.4M | 75.7M | 0 | 0 | 0 | 0 | 0 | 0 | 57.5M | 56.4M | 55M | 55M | 54.5M | 56.7M | 59.8M | 61.4M | 63.4M | 63.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 91.5M | 91.5M | 0 | 84.6M | 92.7M | 109.1M | 102.5M | 69.5M | 0 | 0 | 0 | 6.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 36.5M | 25.4M | 24.7M | 26.1M | 32.9M | 55.8M | 65.2M | 64.2M | 58.8M | 65.4M | 77.2M | 63.3M | 63.4M | 39.9M | 128.3M | 109.4M | 119.1M | 111.9M | 95M | 101.4M | 79.3M | 79.6M | -13.9M | 68.5M | 61.8M | 47.9M | 26.3M | 21.1M | 22M | 18.4M | 24.4M |
| Total Liabilities | -269.9M | 1B | 653.1M | 702.2M | 722.4M | 826M | 853M | 605.7M | 504.6M | 452.5M | 455.5M | 617.4M | 613.1M | 576.6M | 840M | 513.2M | 770M | 823.8M | 888.5M | 748.7M | 1B | 994.3M | 899.8M | 1.03B | 917.8M | 1.01B | 553.2M | 480.9M | 447.2M | 486.9M | 384.6M |
| Total Debt | 284.6M | 374.5M | 122.1M | 101M | 97.1M | 282.6M | 11.6M | 17.4M | 7.9M | 6.2M | 6.3M | 6M | 135.8M | 59.7M | 216.7M | 357M | 308.7M | 361.6M | 411.3M | 304.9M | 571.3M | 575.8M | 516.6M | 635.9M | 549.3M | 608.6M | 249.8M | 266.2M | 253.6M | 293.2M | 208M |
| Net Debt | 180M | 250.5M | 8.4M | -123.5M | -219.5M | -83.9M | -382.2M | -316.7M | -384M | -437.9M | -393.4M | -500.8M | 114.9M | -27.7M | 21.8M | 251.7M | 64.6M | 218M | 291.3M | 282.1M | 366M | 465.2M | 498.8M | 577.3M | 538.6M | 594.8M | 240.8M | 260.3M | 248.5M | 288.3M | 203.7M |
| Debt / Equity | 0.33x | 0.40x | 0.12x | 0.09x | 0.08x | 0.24x | 0.01x | 0.01x | 0.01x | 0.00x | 0.01x | 0.00x | 0.15x | 0.07x | 0.26x | 0.48x | 0.37x | 0.46x | 0.47x | 0.27x | 0.54x | 0.61x | 0.60x | 0.82x | 0.76x | 1.23x | 0.58x | 0.74x | 0.80x | 0.99x | 0.72x |
| Debt / EBITDA | 2.57x | 2.85x | 1.13x | 0.52x | 0.51x | 2.37x | 0.21x | 0.14x | 0.06x | 0.04x | 0.04x | 0.04x | 0.60x | 0.29x | 0.65x | 1.58x | 1.06x | 1.65x | 1.30x | 1.15x | 2.05x | 2.14x | 2.09x | 2.82x | 2.02x | 2.90x | 1.40x | 1.76x | 2.04x | 3.85x | 1.67x |
| Net Debt / EBITDA | 1.62x | 1.90x | 0.08x | -0.63x | -1.15x | -0.70x | -6.86x | -2.64x | -2.79x | -2.89x | -2.49x | -3.74x | 0.51x | -0.14x | 0.07x | 1.11x | 0.22x | 0.99x | 0.92x | 1.06x | 1.31x | 1.73x | 2.01x | 2.56x | 1.98x | 2.83x | 1.35x | 1.72x | 2.00x | 3.79x | 1.63x |
| Interest Coverage | 1.01x | 1.17x | 7.63x | 75.64x | 37.41x | 5.39x | -11.50x | 17.45x | 35.75x | 37.33x | 42.00x | 14.74x | 13.65x | 5.40x | 12.62x | 6.74x | 10.15x | 4.71x | 6.28x | 4.35x | 4.13x | 3.83x | 3.54x | 3.77x | - | - | - | - | - | - | - |
| Total Equity | 871.9M | 946.5M | 1.02B | 1.17B | 1.22B | 1.18B | 1.18B | 1.27B | 1.32B | 1.31B | 1.26B | 1.2B | 915.5M | 864.4M | 830.3M | 740M | 830.4M | 785M | 873.1M | 1.13B | 1.05B | 937.1M | 856M | 772.6M | 718.9M | 493.7M | 430M | 361.4M | 318.1M | 297.5M | 288.6M |
| Equity Growth % | -28.25% | -7.03% | -12.69% | -4.4% | 3.04% | 0.15% | -7.23% | -3.54% | 0.99% | 4% | 4.37% | 31.61% | 5.91% | 4.11% | 12.2% | -10.89% | 5.78% | -10.09% | -22.67% | 7.6% | 11.97% | 9.47% | 10.79% | 7.47% | 45.61% | 14.81% | 18.98% | 13.61% | 6.92% | 3.08% | 15.35% |
| Book Value per Share | 33.79 | 34.26 | 33.49 | 33.61 | 34.26 | 34.51 | 34.16 | 35.59 | 37.74 | 36.92 | 36.03 | 36.08 | 28.14 | 26.68 | 26.19 | 22.02 | 22.57 | 20.03 | 22.27 | 26.26 | 24.86 | 22.97 | 21.35 | 19.18 | 17.76 | 12.78 | 12.38 | 10.80 | 9.84 | 9.07 | 8.96 |
| Total Shareholders' Equity | 871.9M | 946.5M | 1.02B | 1.16B | 1.22B | 1.18B | 1.18B | 1.27B | 1.32B | 1.31B | 1.26B | 1.2B | 915.5M | 864.4M | 830.3M | 740M | 830.4M | 785M | 873.1M | 1.13B | 1.05B | 937.1M | 856M | 772.6M | 718.9M | 493.7M | 430M | 361.4M | 318.1M | 297.5M | 288.6M |
| Common Stock | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 400K | 300K | 200K | 200K | 0 | 0 | 0 |
| Retained Earnings | 1.03B | 999.7M | 1.02B | 1.04B | 976.5M | 916.4M | 948M | 1.01B | 1.07B | 1.09B | 1.06B | 1.04B | 765.1M | 738.9M | 723.9M | 635.8M | 607.8M | 562.8M | 588.3M | 672.8M | 611.9M | 543.3M | 489.6M | 431.2M | 372.6M | 279.1M | 242.8M | 191.4M | 154.6M | 131M | 130.6M |
| Treasury Stock | 0 | -619.2M | -558.1M | -449.5M | -341.5M | -327.8M | -333.3M | -302.6M | -303.5M | -296.3M | -316.6M | -349.9M | -375.7M | -392.4M | -402.8M | -418.9M | -261.6M | -254M | -220M | 0 | 0 | 0 | 0 | 0 | 0 | -2.8M | -24.6M | -36.8M | -36.8M | 0 | 0 |
| Accumulated OCI | -33.4M | -41.5M | -52.5M | -55.8M | -45.4M | -34.7M | -58.3M | -59.7M | -55.7M | -94.2M | -86.7M | -77M | -55.2M | -65.4M | -74.2M | -53.9M | -85.4M | -77.1M | -34.7M | -34.5M | -21.7M | -30.6M | -22.1M | -38.9M | -27.8M | -16.6M | -11.1M | -5.7M | -54.3M | -43.2M | -32M |
| Minority Interest | 0 | 0 | 0 | 1.6M | 1.4M | 1.5M | 1.4M | 1.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Seasonal Working Capital Volatility
According to recent financial statements, Scholastic's balance sheet trajectory reflects a consistent, conservative posture, with total assets stabilizing around $2.0 billion in most periods, though recent quarterly fluctuations in debt levels suggest a tactical reliance on credit facilities to manage the company's intense seasonal working capital requirements.
The company maintains a disciplined approach to capital structure, which appears designed to weather the significant cash flow troughs inherent in the academic publishing cycle. Investors should monitor whether the recent uptick in debt levels represents a structural shift in financing or merely a temporary bridge for seasonal inventory buildup.
As reported in quarterly filings, Scholastic maintains a modest debt-to-equity ratio that peaked at 0.52 in 2026Q1, indicating that management continues to prioritize a low-leverage profile despite the capital-intensive nature of its physical distribution network and the ongoing need to fund seasonal inventory cycles.
The relatively low debt load provides a necessary buffer against the volatility of the school-year revenue cycle, allowing the firm to avoid excessive interest burdens during off-peak quarters. This conservative stance appears to be a strategic choice to preserve financial flexibility in an industry facing significant digital transformation pressures.
Based on reported figures, Scholastic's current ratio has fluctuated between 1.02 and 1.67 over the last ten quarters, suggesting that while liquidity is sufficient to cover short-term obligations, the company's cash position remains highly sensitive to the timing of school-based revenue recognition and inventory deployment.
The variability in the current ratio highlights the company's reliance on seasonal cash inflows to replenish liquidity after periods of heavy investment in book fair inventory. Analysts should interpret the lower end of this range as a reflection of the company's commitment to maintaining lean cash balances during non-peak academic months.
As indicated by the company's balance sheet, the presence of approximately $200 million in goodwill alongside significant seasonal inventory swings warrants further investigation, as these assets may be susceptible to impairment if the yield per book fair continues to face pressure from declining discretionary school spending.
The reliance on intangible assets and physical inventory creates a potential distortion in the book value of equity, particularly if the company's legacy distribution model faces long-term structural headwinds. Investors should be wary that headline equity figures may overstate the tangible value of the business if market conditions for physical school-based retail deteriorate further.
Quick answers to the most common questions about buying SCHL stock.
As of 2025, Scholastic Corporation (SCHL) had total assets of $1.95B including $725.3M in current assets.
Scholastic Corporation (SCHL) carries total debt of $374.5M, offset by $124.0M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Scholastic Corporation (SCHL) has total shareholders' equity (book value) of $946.5M ($34.26 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Scholastic Corporation (SCHL) reported a current ratio of 1.16x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.