Elite Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Elite Education Group
EEIQ Stock  USD 1.00  0.02  2.04%   
Elite Education financial statements provide useful quarterly and yearly information to potential Elite Education Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Elite Education financial statements helps investors assess Elite Education's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Elite Education's valuation are summarized below:
Gross Profit
5.3 M
Profit Margin
(0.73)
Market Capitalization
13.2 M
Enterprise Value Revenue
1.7954
Revenue
8.2 M
There are currently one hundred twenty fundamental signals for Elite Education Group that can be evaluated and compared over time across rivals. Investors and active traders are advised to verify Elite Education's prevailing fundamental performance against the performance between 2010 and 2025 to make sure the trends are evolving in the right direction. As of 02/16/2025, Enterprise Value is likely to grow to about 11.9 M, while Market Cap is likely to drop slightly above 9.1 M.

Elite Education Total Revenue

5.67 Million

Check Elite Education financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elite Education's main balance sheet or income statement drivers, such as Interest Expense of 13.4 K, Net Interest Income of 4.2 K or Interest Income of 31.9 K, as well as many indicators such as Price To Sales Ratio of 1.11, Dividend Yield of 0.0 or PTB Ratio of 1.75. Elite financial statements analysis is a perfect complement when working with Elite Education Valuation or Volatility modules.
  
Check out the analysis of Elite Education Correlation against competitors.

Elite Education Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Other Current Liabilities1.9 M1.9 M3.1 M
Slightly volatile
Total Current Liabilities7.9 M11.2 M6.4 M
Slightly volatile
Net Tangible Assets9.4 M15.9 M7.8 M
Slightly volatile
Other Assets732.2 K370.7 K985.2 K
Slightly volatile
Net Receivables1 M1.7 M804.5 K
Slightly volatile
Total Current Assets4.7 M4.9 M6.9 M
Slightly volatile
Common Stock17.2 K23.9 K15.1 K
Slightly volatile
Property Plant Equipment3.4 M3.7 M3 M
Slightly volatile
Total Assets20.5 M26.8 M15.8 M
Slightly volatile
Total Stockholder Equity9.9 M5.9 M6.8 M
Slightly volatile
Property Plant And Equipment Net3.7 M5 M3.3 M
Slightly volatile
Current Deferred Revenue4 M5.2 M5.2 M
Slightly volatile
Cash983.3 K1 M5.2 M
Very volatile
Non Current Assets Total22.9 M21.8 M8.4 M
Slightly volatile
Cash And Short Term Investments983.3 K1 M5.2 M
Very volatile
Common Stock Total Equity10.1 K11.3 K12.4 K
Slightly volatile
Common Stock Shares Outstanding11.3 M14.2 M9.9 M
Slightly volatile
Liabilities And Stockholders Equity20.5 M26.8 M15.8 M
Slightly volatile
Other Current Assets1.9 M1.9 M1.7 M
Slightly volatile
Other Stockholder Equity11.9 M23.2 M8.3 M
Slightly volatile
Total Liabilities9.1 M14.3 M7.9 M
Slightly volatile
Net Invested Capital9.9 M5.9 M6.8 M
Slightly volatile
Property Plant And Equipment Gross4.9 M8.7 M4 M
Slightly volatile
Capital Stock17.6 K23.9 K15.1 K
Slightly volatile
Short and Long Term Debt Total3.4 M3.2 M859.6 K
Slightly volatile
Short Term Debt403.5 K737.4 K278.9 K
Slightly volatile
Other Liabilities86.1 K96.9 K105.7 K
Slightly volatile
Intangible Assets3.5 M5.1 M1.4 M
Slightly volatile

Elite Education Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Net Interest Income4.2 K4.4 K34.8 K
Slightly volatile
Interest Income31.9 K20.5 K43.4 K
Slightly volatile
Depreciation And Amortization247.4 K489.6 K180.4 K
Slightly volatile
Selling General Administrative12.9 M12.3 M4.6 M
Slightly volatile
Selling And Marketing Expenses1.2 M1.4 M1.4 M
Very volatile
Total Revenue5.7 M7.3 M6.7 M
Pretty Stable
Gross Profit4 M4.8 M4.7 M
Very volatile
Other Operating Expenses10.5 M17.9 M8 M
Slightly volatile
Cost Of Revenue2.3 M3.3 M2 M
Slightly volatile
Total Operating Expenses8.3 M14.6 M6 M
Slightly volatile
Reconciled Depreciation514.1 K489.6 K190.8 K
Slightly volatile
Total Other Income Expense Net303.3 K595.7 K199.5 K
Slightly volatile

Elite Education Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Net Borrowings112 K126 K137.4 K
Slightly volatile
Depreciation514.1 K489.6 K191.9 K
Slightly volatile
Capital Expenditures34.5 K36.3 K151.5 K
Pretty Stable
End Period Cash Flow1.6 M1.7 M4.4 M
Slightly volatile
Begin Period Cash Flow8.6 M6.1 M5.2 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.111.177.8973
Slightly volatile
PTB Ratio1.751.8411.8126
Slightly volatile
Days Sales Outstanding40.0858.3531.4121
Slightly volatile
Book Value Per Share0.730.790.6984
Slightly volatile
Average Payables100.3 K135.5 K111.9 K
Slightly volatile
Stock Based Compensation To Revenue0.50.280.6567
Slightly volatile
Capex To Depreciation0.10.111.5261
Slightly volatile
PB Ratio1.751.8411.8126
Slightly volatile
EV To Sales1.331.47.3165
Slightly volatile
Inventory Turnover55.3752.7419.1402
Slightly volatile
Days Of Inventory On Hand5.335.619.956
Pretty Stable
Payables Turnover2.572.7133.5925
Slightly volatile
Sales General And Administrative To Revenue0.61.180.5506
Slightly volatile
Average Inventory42.4 K40.3 K9.3 K
Slightly volatile
Capex To Revenue0.00540.00570.0244
Pretty Stable
Cash Per Share0.10.110.4448
Pretty Stable
Days Payables Outstanding14714039.0169
Slightly volatile
Current Ratio0.380.41.0565
Very volatile
Tangible Book Value Per Share0.260.270.5357
Pretty Stable
Receivables Turnover6.156.47291
Slightly volatile
Graham Number1.71.921.6606
Slightly volatile
Shareholders Equity Per Share0.650.380.6169
Slightly volatile
Debt To Equity0.520.490.1256
Slightly volatile
Capex Per Share0.00360.00380.0163
Pretty Stable
Average Receivables814.5 K1.1 M642 K
Slightly volatile
Revenue Per Share0.780.760.6966
Very volatile
Interest Debt Per Share0.220.210.06
Slightly volatile
Debt To Assets0.110.12120.0355
Slightly volatile
Short Term Coverage Ratios0.0880.10.1113
Slightly volatile
Operating Cycle53.9263.9641.276
Slightly volatile
Price Book Value Ratio1.751.8411.8126
Slightly volatile
Days Of Payables Outstanding14714039.0169
Slightly volatile
Ebt Per Ebit1.091.071.0044
Very volatile
Company Equity Multiplier4.264.062.5345
Slightly volatile
Total Debt To Capitalization0.330.320.0895
Slightly volatile
Debt Equity Ratio0.520.490.1256
Slightly volatile
Quick Ratio0.370.391.0472
Very volatile
Net Income Per E B T0.640.780.7344
Slightly volatile
Cash Ratio0.10.110.6665
Pretty Stable
Days Of Inventory Outstanding5.335.619.956
Pretty Stable
Days Of Sales Outstanding40.0858.3531.4121
Slightly volatile
Price To Book Ratio1.751.8411.8126
Slightly volatile
Fixed Asset Turnover2.382.142.1751
Pretty Stable
Debt Ratio0.110.12120.0355
Slightly volatile
Price Sales Ratio1.111.177.8973
Slightly volatile
Asset Turnover0.510.40.5683
Slightly volatile
Gross Profit Margin0.770.750.7009
Slightly volatile
Price Fair Value1.751.8411.8126
Slightly volatile

Elite Education Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap9.1 M9.5 M32.4 M
Slightly volatile
Enterprise Value11.9 M11.5 M21 M
Slightly volatile

Elite Fundamental Market Drivers

Cash And Short Term Investments1.2 M

About Elite Education Financial Statements

Elite Education shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Elite Education investors may analyze each financial statement separately, they are all interrelated. The changes in Elite Education's assets and liabilities, for example, are also reflected in the revenues and expenses on on Elite Education's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue5.2 M4 M
Total Revenue7.3 M5.7 M
Cost Of Revenue3.3 M2.3 M
Stock Based Compensation To Revenue 0.28  0.50 
Sales General And Administrative To Revenue 1.18  0.60 
Capex To Revenue 0.01  0.01 
Revenue Per Share 0.76  0.78 
Ebit Per Revenue(1.05)(0.99)

Pair Trading with Elite Education

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Elite Education position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Elite Education will appreciate offsetting losses from the drop in the long position's value.

Moving against Elite Stock

  0.53JZ Jianzhi EducationPairCorr
  0.5QSG QuantaSing GroupPairCorr
  0.49YQ 17 Education TechnologyPairCorr
  0.42STG Sunlands TechnologyPairCorr
  0.4FEDU Four Seasons EducationPairCorr
The ability to find closely correlated positions to Elite Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elite Education when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Elite Education - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Elite Education Group to buy it.
The correlation of Elite Education is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Elite Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elite Education Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Elite Education can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Elite Stock Analysis

When running Elite Education's price analysis, check to measure Elite Education's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elite Education is operating at the current time. Most of Elite Education's value examination focuses on studying past and present price action to predict the probability of Elite Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elite Education's price. Additionally, you may evaluate how the addition of Elite Education to your portfolios can decrease your overall portfolio volatility.
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