Tal Education Group (TAL) reported $3.0B in revenue for fiscal year 2026, up 33.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
TAL’s operating leverage has turned scale into profit, while cash-funded distributions are narrowing the liquidity cushion.
Revenue reached$3.0B while SG&A was$500M in FY2026, showing overhead did not rise proportionally with scale. Gross margin expanded to55.4% from53.3% while the operating result turned positive, indicating cost absorption and gross-profit improvement both contributed to the earnings inflection.
FY2026 net income of
Cash stood at
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Tal Education Group's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Tal Education Group has an operating margin of 9.2%, meaning the company retains $9 of operating profit per $100 of revenue. This results in a moderate score of 39/100, indicating healthy but not exceptional operating efficiency. This is up from -0.1% the prior year.
Tal Education Group's revenue surged 33.7% year-over-year to $3.0B, reflecting rapid business expansion. This strong growth earns a score of 92/100.
Tal Education Group has a moderate D/E ratio of 0.57. This balance of debt and equity financing earns a leverage score of 57/100.
Tal Education Group's current ratio of 2.17 indicates adequate short-term liquidity, earning a score of 62/100. The company can meet its near-term obligations, though with limited headroom.
Tal Education Group converts 16.9% of revenue into free cash flow ($508.3M). This strong cash generation earns a score of 79/100.
Tal Education Group's ROE of 14.1% shows moderate profitability relative to equity, earning a score of 35/100. This is up from 2.3% the prior year.
Tal Education Group scores 2.90, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($6.7B) relative to total liabilities ($2.2B). This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Tal Education Group passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Tal Education Group generates $1.13 in operating cash flow ($601.5M OCF vs $530.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Tal Education Group generated $3.0B in revenue in fiscal year 2026. This represents an increase of 33.7% from the prior year.
Tal Education Group's EBITDA was $348.5M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 675.5% from the prior year.
Tal Education Group reported $530.8M in net income in fiscal year 2026. This represents an increase of 527.4% from the prior year.
Tal Education Group earned $2.75 per diluted share (EPS) in fiscal year 2026. This represents an increase of 570.7% from the prior year.
Cash & Balance Sheet
Tal Education Group generated $508.3M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 77.6% from the prior year.
Tal Education Group held $1.5B in cash as of fiscal year 2026; long-term debt is not reported for that period.
Not reported for fiscal year 2026.
Margins & Returns
Tal Education Group's gross margin was 55.4% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 2.0 percentage points from the prior year.
Tal Education Group's operating margin was 9.2% in fiscal year 2026, reflecting core business profitability. This is up 9.3 percentage points from the prior year.
Tal Education Group's net profit margin was 17.6% in fiscal year 2026, showing the share of revenue converted to profit. This is up 13.9 percentage points from the prior year.
Tal Education Group's ROE was 14.1% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 11.8 percentage points from the prior year.
Capital Allocation
Tal Education Group spent $644.1M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 4799.1% from the prior year.
Tal Education Group invested $93.2M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 16.6% from the prior year.
Not reported for fiscal year 2026.
TAL Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.0B+33.7% | $2.3B+51.0% | $1.5B+46.2% | $1.0B-76.8% | $4.4B-2.3% | $4.5B+37.3% | $3.3B+27.7% | $2.6B+49.4% | $1.7B+64.4% | $1.0B+68.3% | $619.9M+42.9% | $434.0M+38.3% | $313.9M+38.9% | $225.9M+27.3% | $177.5M |
| Cost of Revenue | $1.3B+27.9% | $1.0B+53.4% | $684.3M+56.8% | $436.4M-80.2% | $2.2B+7.6% | $2.0B+39.5% | $1.5B+26.1% | $1.2B+32.0% | $882.3M+68.9% | $522.3M+72.0% | $303.6M+49.5% | $203.1M+34.0% | $151.5M+30.9% | $115.7M+21.1% | $95.6M |
| Gross Profit | $1.7B+38.8% | $1.2B+48.9% | $806.1M+38.2% | $583.4M-73.3% | $2.2B-10.6% | $2.4B+35.6% | $1.8B+29.0% | $1.4B+68.0% | $832.7M+59.9% | $520.8M+64.6% | $316.3M+37.0% | $230.9M+42.2% | $162.4M+47.3% | $110.2M+34.5% | $81.9M |
| SG&A Expenses | $500.4M+10.1% | $454.7M+10.0% | $413.5M-0.1% | $413.8M-65.5% | $1.2B+7.4% | $1.1B+40.6% | $795.0M+37.1% | $579.7M+50.1% | $386.3M+46.7% | $263.3M+63.5% | $161.0M+46.1% | $110.2M+56.8% | $70.3M+37.5% | $51.1M+35.2% | $37.8M |
| Operating Income | $276.0M+8849.3% | -$3.2M+95.4% | -$69.2M+23.7% | -$90.7M+85.2% | -$614.5M-40.2% | -$438.2M-418.8% | $137.4M-59.8% | $341.6M+63.7% | $208.6M+55.0% | $134.6M+58.2% | $85.1M+26.5% | $67.2M+17.2% | $57.4M+82.7% | $31.4M+49.4% | $21.0M |
| Interest Expense | N/A | N/A | N/A | N/A | $7.9M-53.6% | $16.9M+43.4% | $11.8M-32.9% | $17.6M+5.9% | $16.6M+26.6% | $13.1M+75.3% | $7.5M+29.0% | $5.8M | $0 | N/A | N/A |
| Income Tax | $154.4M+303.0% | $38.3M+149.2% | $15.4M-23.1% | $20.0M-95.0% | $397.0M+668.0% | -$69.9M-200.8% | $69.3M-9.4% | $76.5M+71.3% | $44.7M+31.1% | $34.1M+1.7% | $33.5M+257.4% | $9.4M+40.3% | $6.7M+62.9% | $4.1M-1.3% | $4.2M |
| Net Income | $530.8M+527.4% | $84.6M+2467.5% | -$3.6M+97.4% | -$135.6M+88.1% | -$1.1B-879.5% | -$116.0M-5.3% | -$110.2M-130.0% | $367.2M+85.1% | $198.4M+69.8% | $116.9M+13.6% | $102.9M+53.2% | $67.2M+10.8% | $60.6M+81.2% | $33.4M+37.5% | $24.3M |
| EPS (Diluted) | $2.75+570.7% | $0.41+2150.0% | -$0.02+96.9% | -$0.64+87.9% | -$5.29-828.1% | -$0.57-1.8% | -$0.56-130.6% | $1.83+77.7% | $1.03+56.1% | $0.66+10.0% | $0.60+46.3% | $0.41+7.9% | $0.38+81.0% | $0.21+31.2% | $0.16 |
Not reported in any period shown, so not listed: R&D Expenses.
TAL Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.9B+7.9% | $5.5B+11.7% | $4.9B+4.3% | $4.7B-7.0% | $5.1B-58.0% | $12.1B+117.4% | $5.6B+49.2% | $3.7B+22.3% | $3.1B+67.0% | $1.8B+72.3% | $1.1B+37.4% | $772.4M+80.6% | $427.6M+35.3% | $316.0M+7.3% | $294.7M |
| Current Assets | $3.8B-6.9% | $4.1B+11.6% | $3.7B+6.7% | $3.5B-4.4% | $3.6B-55.5% | $8.2B+226.8% | $2.5B+43.0% | $1.7B+5.0% | $1.7B+90.8% | $871.1M+68.9% | $515.9M-4.4% | $539.4M+79.6% | $300.4M+32.7% | $226.4M+7.7% | $210.2M |
| Cash & Equivalents | $1.5B-14.0% | $1.8B-19.8% | $2.2B+9.2% | $2.0B+23.4% | $1.6B-49.5% | $3.2B+73.1% | $1.9B+50.3% | $1.2B+75.3% | $711.5M+51.3% | $470.2M+8.3% | $434.0M-7.7% | $470.2M+74.2% | $269.9M+45.8% | $185.1M-1.9% | $188.6M |
| Inventory | $143.3M+36.7% | $104.9M+53.5% | $68.3M+75.2% | $39.0M+78.7% | $21.8M-43.6% | $38.7M+49.7% | $25.8M+233.3% | $7.8M+47.0% | $5.3M+86.7% | $2.8M+370.2% | $600K+10.4% | $544K+199.3% | $182K-55.7% | $410K+83.4% | $224K |
| Accounts Receivable | $71.6M-24.0% | $94.2M+78.5% | $52.7M+17.7% | $44.8M+75.3% | $25.6M-1.3% | $25.9M-39.3% | $42.7M-15.1% | $50.2M+205.1% | $16.5M | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $45.5M+29283.9% | $155K-1.3% | $157K | N/A | N/A | $454.4M+19.9% | $378.9M-8.5% | $414.2M+42.2% | $291.4M+9.1% | $267.2M+207.0% | $87.0M+605.8% | $12.3M+64.2% | $7.5M+1252.6% | $555K+1.2% | $549K |
| Total Liabilities | $2.2B+24.5% | $1.7B+34.7% | $1.3B+42.7% | $903.4M-16.4% | $1.1B-84.4% | $6.9B+128.2% | $3.0B+151.3% | $1.2B-14.8% | $1.4B+23.2% | $1.1B+85.0% | $620.6M+35.3% | $458.8M+173.8% | $167.6M+34.5% | $124.6M+19.2% | $104.5M |
| Current Liabilities | $1.8B+22.6% | $1.4B+33.2% | $1.1B+38.1% | $783.9M-13.2% | $902.6M-73.2% | $3.4B+86.8% | $1.8B+52.6% | $1.2B+4.4% | $1.1B+69.9% | $667.1M+74.1% | $383.2M+64.8% | $232.6M+39.5% | $166.8M+33.9% | $124.5M+19.3% | $104.4M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | $261.9M | N/A | $225.0M0.0% | $225.0M | $0 | N/A | $814K | N/A | N/A |
| Total Equity | $3.8B+0.2% | $3.8B+2.9% | $3.7B-4.7% | $3.8B-4.6% | $4.0B-22.5% | $5.2B+106.8% | $2.5B+1.3% | $2.5B+53.2% | $1.6B+151.6% | $644.2M+47.4% | $437.0M+39.5% | $313.3M+20.5% | $260.0M+35.8% | $191.4M+0.7% | $190.1M |
| Retained Earnings | -$130.4M+79.1% | -$624.1M+10.1% | -$694.3M-1.2% | -$685.9M-26.0% | -$544.3M-187.1% | $624.9M-20.5% | $786.1M-14.6% | $920.3M+62.8% | $565.2M+35.3% | $417.8M+36.4% | $306.4M+47.6% | $207.5M+43.8% | $144.3M+67.0% | $86.4M+57.8% | $54.8M |
TAL Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $601.5M+51.2% | $397.9M+30.0% | $306.2M+4061.1% | $7.4M+100.8% | -$939.2M-198.4% | $954.7M+11.6% | $855.9M+340.3% | $194.4M-71.6% | $685.3M+80.8% | $379.0M+92.2% | $197.2M+33.6% | $147.6M+45.3% | $101.6M+55.3% | $65.4M-10.9% | $73.4M |
| Capital Expenditures | $93.2M-16.6% | $111.7M-0.9% | $112.7M+2.2% | $110.3M-55.2% | $246.3M+0.5% | $245.1M+37.6% | $178.1M+28.7% | $138.4M+9.5% | $126.3M+77.7% | $71.1M+102.7% | $35.1M+14.3% | $30.7M+183.3% | $10.8M+75.8% | $6.2M-91.5% | $72.6M |
| Free Cash Flow | $508.3M+77.6% | $286.2M+48.0% | $193.4M+287.9% | -$103.0M+91.3% | -$1.2B-267.0% | $709.7M+4.7% | $677.8M+1111.3% | $56.0M-90.0% | $558.9M+81.5% | $307.9M+90.0% | $162.1M+38.7% | $116.9M+28.8% | $90.7M+53.1% | $59.2M+7637.2% | $766K |
| Investing Cash Flow | -$175.7M+79.3% | -$847.0M-991.0% | $95.1M+131.5% | -$301.6M-122.0% | $1.4B+151.8% | -$2.6B-679.6% | -$338.8M-103.4% | -$166.6M+80.0% | -$832.6M-61.7% | -$514.8M-139.1% | -$215.4M | N/A | N/A | -$28.1M+52.4% | -$59.1M |
| Financing Cash Flow | -$643.5M-4787.3% | -$13.2M+94.4% | -$233.1M-252.2% | -$66.2M+97.6% | -$2.8B-157.7% | $4.8B+3553.7% | $131.2M-72.4% | $475.0M+10.9% | $428.2M+139.4% | $178.8M+2134.4% | -$8.8M | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0-100.0% | $41.2M | $0 | $0 | N/A | N/A | $39.0M | N/A |
| Share Buybacks | $644.1M+4799.1% | $13.1M-94.4% | $233.6M+251.9% | $66.4M-66.2% | $196.3M+1892.3% | $9.9M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $2.4M | N/A |
TAL Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 55.4%+2.0pp | 53.3%-0.8pp | 54.1%-3.1pp | 57.2%+7.4pp | 49.8%-4.6pp | 54.4%-0.7pp | 55.1%+0.6pp | 54.6%+6.0pp | 48.5%-1.4pp | 49.9%-1.1pp | 51.0%-2.2pp | 53.2%+1.5pp | 51.7%+2.9pp | 48.8%+2.6pp | 46.2% |
| Operating Margin | 9.2%+9.3pp | -0.1%+4.5pp | -4.6%+4.3pp | -8.9%+5.1pp | -14.0%-4.3pp | -9.8%-14.0pp | 4.2%-9.1pp | 13.3%+1.2pp | 12.2%-0.7pp | 12.9%-0.8pp | 13.7%-1.8pp | 15.5%-2.8pp | 18.3%+4.4pp | 13.9%+2.1pp | 11.8% |
| Net Margin | 17.6%+13.9pp | 3.8%+4.0pp | -0.2%+13.1pp | -13.3%+12.6pp | -25.9%-23.3pp | -2.6%+0.8pp | -3.4%-17.7pp | 14.3%+2.8pp | 11.6%+0.4pp | 11.2%-5.4pp | 16.6%+1.1pp | 15.5%-3.8pp | 19.3%+4.5pp | 14.8%+1.1pp | 13.7% |
| Return on Equity | 14.1%+11.8pp | 2.3%+2.4pp | -0.1%+3.4pp | -3.5%+24.7pp | -28.2%-26.0pp | -2.2%+2.1pp | -4.4%-19.2pp | 14.8%+2.6pp | 12.2%-5.9pp | 18.1%-5.4pp | 23.5%+2.1pp | 21.4%-1.9pp | 23.3%+5.8pp | 17.5%+4.7pp | 12.8% |
| Return on Assets | 8.9%+7.4pp | 1.5%+1.6pp | -0.1%+2.8pp | -2.9%+19.5pp | -22.4%-21.4pp | -1.0%+1.0pp | -2.0%-11.8pp | 9.8%+3.3pp | 6.5%+0.1pp | 6.4%-3.3pp | 9.7%+1.0pp | 8.7%-5.5pp | 14.2%+3.6pp | 10.6%+2.3pp | 8.3% |
| Current Ratio | 2.17-0.7x | 2.86-0.6x | 3.42-1.0x | 4.42+0.4x | 4.02+1.6x | 2.42+1.0x | 1.38-0.1x | 1.470.0x | 1.47+0.2x | 1.310.0x | 1.35-1.0x | 2.32+0.5x | 1.800.0x | 1.82-0.2x | 2.01 |
| Debt-to-Equity | 0.57+0.1x | 0.46+0.1x | 0.35+0.1x | 0.230.0x | 0.27-1.1x | 1.33+1.2x | 0.10-0.4x | 0.48+0.3x | 0.14-0.2x | 0.35+0.3x | 0.00-1.5x | 1.46+1.5x | 0.00-0.6x | 0.65+0.1x | 0.55 |
| FCF Margin | 16.9%+4.2pp | 12.7%-0.3pp | 13.0%+23.1pp | -10.1%+16.9pp | -27.0%-42.8pp | 15.8%-4.9pp | 20.7%+18.5pp | 2.2%-30.4pp | 32.6%+3.1pp | 29.5%+3.4pp | 26.1%-0.8pp | 26.9%-2.0pp | 28.9%+2.7pp | 26.2%+25.8pp | 0.4% |
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Where Tal Education Group Ranks
Frequently Asked Questions
What is Tal Education Group's annual revenue?
Tal Education Group (TAL) reported $3.0B in total revenue for fiscal year 2026. This represents a 33.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Tal Education Group's revenue growing?
Tal Education Group (TAL) revenue grew by 33.7% year-over-year, from $2.3B to $3.0B in fiscal year 2026.
Is Tal Education Group profitable?
Yes, Tal Education Group (TAL) reported a net income of $530.8M in fiscal year 2026, with a net profit margin of 17.6%.
What is Tal Education Group's EBITDA?
Tal Education Group (TAL) had EBITDA of $348.5M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is Tal Education Group's gross margin?
Tal Education Group (TAL) had a gross margin of 55.4% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Tal Education Group's operating margin?
Tal Education Group (TAL) had an operating margin of 9.2% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Tal Education Group's net profit margin?
Tal Education Group (TAL) had a net profit margin of 17.6% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Tal Education Group's return on equity (ROE)?
Tal Education Group (TAL) has a return on equity of 14.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Tal Education Group's free cash flow?
Tal Education Group (TAL) generated $508.3M in free cash flow during fiscal year 2026. This represents a 77.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Tal Education Group's operating cash flow?
Tal Education Group (TAL) generated $601.5M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Tal Education Group's total assets?
Tal Education Group (TAL) had $5.9B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Tal Education Group's capital expenditures?
Tal Education Group (TAL) invested $93.2M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Tal Education Group's current ratio?
Tal Education Group (TAL) had a current ratio of 2.17 as of fiscal year 2026, which is generally considered healthy.
What is Tal Education Group's debt-to-equity ratio?
Tal Education Group (TAL) had a debt-to-equity ratio of 0.57 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Tal Education Group's return on assets (ROA)?
Tal Education Group (TAL) had a return on assets of 8.9% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Tal Education Group's Altman Z-Score?
Tal Education Group (TAL) has an Altman Z-Score of 2.90, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Tal Education Group's Piotroski F-Score?
Tal Education Group (TAL) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Tal Education Group's earnings high quality?
Tal Education Group (TAL) has an earnings quality ratio of 1.13x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Tal Education Group?
Tal Education Group (TAL) scores 61 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.