Gaotu Techedu Inc. (GOTU) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q4'21 | Q4'20 | Q4'19 | Q1'19 | Q1'18 |
|---|
| Total Current Assets | 3.98B | 3.12B | 4.02B | 2.92B | 3.64B | 2.95B | 3.83B | 3.46B | 3.59B | 3.11B | 4.24B | 4.07B | 4.17B | 3.7B | 3.94B | 8.46B | 1.81B | 363.63M | 27.27M |
| Cash & Short-Term Investments | 3.42B | 2.41B | 3.41B | 2.44B | 3.17B | 2.34B | 3.2B | 2.79B | 2.89B | 2.46B | 3.63B | 3.42B | 3.74B | 3.34B | 3.5B | 7.69B | 1.55B | 294.17M | 27.27M |
| Cash Only | 712.48M | 318.73M | 814.36M | 1.02B | 1.32B | 855.82M | 1.41B | 1.2B | 636.05M | 885.57M | 767.7M | 1.22B | 819.91M | 908.74M | 728.93M | 355.22M | 73.97M | 40.03M | -27.27M |
| Short-Term Investments | 2.71B | 2.1B | 2.6B | 1.42B | 1.85B | 1.48B | 1.78B | 1.59B | 2.25B | 1.58B | 2.86B | 2.21B | 2.92B | 2.43B | 2.77B | 7.33B | 1.47B | 254.14M | 54.54M |
| Accounts Receivable | 228.37M | 0 | 0 | 0 | 148.46M | 0 | 0 | 0 | 71.7M | 0 | 0 | 0 | 24.55M | 0 | 49.97M | 11.6M | 26.57M | 17.59M | 0 |
| Days Sales Outstanding | 12.47 | - | - | - | 9.84 | - | - | - | 8.67 | - | - | - | 3.59 | - | 8.82 | 3.16 | 2.15 | 23.86 | - |
| Inventory | 54.98M | 53.4M | 53.27M | 31.25M | 36.4M | 53.4M | 38.39M | 23.07M | 24.6M | 29.82M | 23.91M | 20.93M | 22.78M | 19.01M | 15.6M | 48.07M | 8.82M | 49.52M | 0 |
| Days Inventory Outstanding | 9.22 | 9.16 | 8.13 | 6.73 | 9.38 | 9.82 | 8.92 | 7.99 | 10.99 | 11.33 | 11.06 | 12.3 | 12.07 | 9.35 | 30.05 | 16.89 | 13.58 | 220.3 | - |
| Other Current Assets | 276.73M | 125.27M | 27.07M | 16.41M | 10.83M | 6.87M | 2.4M | 33.91M | 522.37M | 10.71M | 11.19M | 0 | 201.99M | 717K | 277.38M | 368.54M | 113.15M | 5.06M | 0 |
| Total Non-Current Assets | 2.22B | 1.99B | 1.85B | 2.26B | 2.19B | 2.25B | 2.02B | 1.87B | 1.83B | 1.78B | 794.27M | 730.37M | 709.7M | 726.64M | 1.09B | 2.23B | 1.59B | 110.54M | -27.27M |
| Property, Plant & Equipment | 1.49B | 1.34B | 1.35B | 1.18B | 1.17B | 1.2B | 1.02B | 820.56M | 723.19M | 650.83M | 611.85M | 657M | 635.7M | 672.39M | 1.03B | 1.51B | 346.77M | 76.98M | 0 |
| Fixed Asset Turnover | 1.19x | 1.17x | 1.10x | 1.27x | 1.17x | 1.09x | 1.09x | 1.23x | 1.11x | 1.25x | 1.11x | 1.09x | 0.96x | 0.71x | 1.00x | 2.38x | 4.41x | 3.50x | - |
| Goodwill | 11.06M | 0 | 0 | 0 | 331K | 0 | 0 | 0 | 331K | 0 | 0 | 0 | 331K | 0 | 331K | 43.63M | 331K | 331K | 0 |
| Intangible Assets | 120.49M | 45.42M | 46.27M | 25.56M | 43.75M | 25.96M | 26.16M | 26.37M | 42.8M | 26.77M | 26.97M | 27.17M | 46.3M | 27.57M | 28.25M | 42.2M | 100K | 193K | 0 |
| Long-Term Investments | 551.99M | 500.4M | 387.54M | 995.89M | 922.74M | 964.36M | 905.83M | 974.07M | 1.03B | 1.06B | 114.47M | 0 | 0 | 0 | 0 | 530.73M | 1.19B | 4.75M | 0 |
| Other Non-Current Assets | 50.23M | 106.91M | 66.33M | 66.58M | 47.61M | 61.67M | 59.2M | 41.29M | 19.34M | 29.74M | 29.11M | 32.06M | 11.69M | 26.68M | 25.41M | 52.73M | 19.43M | 4.99M | -27.27M |
| Total Assets | 6.2B | 5.11B | 5.87B | 5.19B | 5.83B | 5.21B | 5.85B | 5.33B | 5.41B | 4.89B | 5.03B | 4.8B | 4.88B | 4.43B | 5.02B | 10.69B | 3.39B | 474.17M | 0 |
| Asset Turnover | 0.30x | 0.29x | 0.25x | 0.27x | 0.25x | 0.22x | 0.18x | 0.18x | 0.15x | 0.16x | 0.14x | 0.15x | 0.14x | 0.13x | 0.16x | 0.31x | 0.48x | 0.57x | - |
| Asset Growth % | 6.44% | -1.8% | 0.39% | -2.67% | 7.66% | 6.62% | 16.17% | 10.94% | 11.02% | 10.31% | - | - | -2.96% | - | -52.98% | 214.79% | - | - | - |
| Total Current Liabilities | 4.25B | 3.04B | 3.62B | 2.64B | 3.26B | 2.46B | 2.6B | 1.79B | 1.97B | 1.3B | 1.42B | 1.33B | 1.61B | 1.18B | 1.76B | 4.2B | 1.64B | 420.7M | 0 |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 100M | 48.54M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 2.29B | 1.53B | 1.98B | 1.23B | 0 | 1.22B | 1.39B | 856.79M | 1.11B | 631.25M | 796.74M | 682.51M | 906.91M | 604.6M | 986.99M | 2.72B | 1.33B | 282.27M | 0 |
| Other Current Liabilities | 1.72B | 0 | 0 | 0 | 2B | 0 | 0 | 0 | 72.36M | 0 | 0 | 0 | 61.68M | 0 | 84.86M | 126.7M | 61.44M | 246.12M | 0 |
| Current Ratio | 0.94x | 1.03x | 1.11x | 1.11x | 1.12x | 1.20x | 1.47x | 1.94x | 1.82x | 2.38x | 2.99x | 3.06x | 2.59x | 3.13x | 2.24x | 2.01x | 1.10x | 0.86x | - |
| Quick Ratio | 0.92x | 1.01x | 1.10x | 1.10x | 1.11x | 1.18x | 1.46x | 1.92x | 1.81x | 2.36x | 2.98x | 3.05x | 2.57x | 3.12x | 2.23x | 2.00x | 1.10x | 0.75x | - |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 700.9M | 658.15M | 648.75M | 611.69M | 634.01M | 683.73M | 570.09M | 414.44M | 333.76M | 290.22M | 255.31M | 247.96M | 171.12M | 207.14M | 383.46M | 758.54M | 199.93M | 41.81M | 52.29M |
| Long-Term Debt | 31.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 316.9M | 343.16M | 363.01M | 328.25M | 344.61M | 397.47M | 308.76M | 196.51M | 137.65M | 87.55M | 56.03M | 85.66M | 44.2M | 75.82M | 276.04M | 644.14M | 194.23M | 32.68M | 0 |
| Deferred Tax Liabilities | 75.3M | 76.07M | 70.43M | 69.93M | 70.6M | 70.66M | 71.12M | 71.4M | 71.97M | 72.62M | 73.44M | 74.23M | 74.51M | 70.91M | 71.62M | 78.7M | 25K | 48K | 0 |
| Other Non-Current Liabilities | 7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26.58M | 26.58M | 26.58M | 0 | 0 | 52.29M |
| Total Liabilities | 4.95B | 3.7B | 4.26B | 3.25B | 3.89B | 3.14B | 3.17B | 2.2B | 2.31B | 1.59B | 1.67B | 1.58B | 1.78B | 1.39B | 2.14B | 4.96B | 1.84B | 462.52M | 52.29M |
| Total Debt | 585.67M | 532.04M | 500.43M | 479.67M | 492.24M | 561.64M | 416.28M | 267M | 188.15M | 124.45M | 85.47M | 117.3M | 82.52M | 105.27M | 356.05M | 796.76M | 254.21M | 54.11M | 0 |
| Net Debt | -126.81M | 213.31M | -313.92M | -535.93M | -828.87M | -294.17M | -998.57M | -934.45M | -447.91M | -761.12M | -682.24M | -1.1B | -737.39M | -803.47M | -372.89M | 441.54M | 180.24M | 14.07M | 27.27M |
| Debt / Equity | 0.47x | 0.38x | 0.31x | 0.25x | 0.25x | 0.27x | 0.16x | 0.09x | 0.06x | 0.04x | 0.03x | 0.04x | 0.03x | 0.03x | 0.12x | 0.14x | 0.16x | 4.64x | - |
| Debt / EBITDA | - | - | - | 3.89x | - | - | - | - | - | - | 1.41x | 0.89x | 2.29x | - | 1.21x | - | 1.43x | 1.22x | - |
| Net Debt / EBITDA | - | - | - | -4.34x | - | - | - | - | - | - | -11.29x | -8.38x | -20.45x | - | -1.27x | - | 1.01x | 0.32x | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 1.25B | 1.41B | 1.6B | 1.93B | 1.93B | 2.07B | 2.67B | 3.13B | 3.11B | 3.29B | 3.36B | 3.22B | 3.1B | 3.04B | 2.88B | 5.73B | 1.56B | 11.65M | -52.29M |
| Equity Growth % | -35.11% | -31.64% | -39.97% | -38.14% | -37.76% | -37.2% | -20.5% | -3.02% | 0.34% | 8.24% | - | - | 7.46% | - | -49.72% | 267.92% | - | 122.28% | - |
| Book Value per Share | 3.47 | 3.88 | 4.36 | 5.07 | 5.08 | 5.37 | 6.86 | 8.07 | 7.94 | 8.37 | 8.30 | 7.98 | 7.96 | 7.83 | 7.29 | 15.75 | 4.17 | 0.03 | -0.15 |
| Total Shareholders' Equity | 1.25B | 1.41B | 1.6B | 1.93B | 1.93B | 2.07B | 2.67B | 3.13B | 3.11B | 3.29B | 3.36B | 3.22B | 3.1B | 3.04B | 2.88B | 5.73B | 1.56B | 11.65M | -52.29M |
| Common Stock | 116.07K | 116K | 116K | 116K | 116K | 116K | 116K | 116K | 116K | 116K | 116K | 115K | 115K | 115K | 114K | 113K | 106K | 94K | 0 |
| Retained Earnings | -6.21B | -6.05B | -5.97B | -5.75B | -5.81B | -5.73B | -5.26B | -4.83B | -4.81B | -4.68B | -4.63B | -4.68B | -4.8B | -4.87B | -4.81B | -1.71B | -272.9M | -465.64M | 0 |
| Treasury Stock | -496.45M | -461.34M | -420.14M | -329.03M | -242.87M | -216.49M | -98.31M | -59.97M | -85.18M | -33.69M | 0 | 0 | 0 | 0 | 0 | -139.57M | -86.74M | 0 | 0 |
| Accumulated OCI | 17.98M | -25.74M | 43.45M | 58.76M | -2.83M | 15.31M | 39.16M | 35M | 17.02M | 30.28M | 25.25M | -28.38M | -23.68M | 7.81M | -102.73M | -19.52M | 17.83M | 1.43M | -479.42M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |