Grand Canyon Education, Inc. (LOPE) quarterly balance sheet — complete assets, liabilities & equity history
Grand Canyon Education, Inc. (LOPE) balance sheet — 20-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | 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 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 331.46M | 379.98M | 400.18M | 433.99M | 422.48M | 436.44M | 419.98M | 393.38M | 389.82M | 444.45M | 337.52M | 274.74M | 279.55M | 315.89M | 273.27M | 223.23M | 249.85M | 380.36M | 681.04M | 173.4M |
| Cash & Short-Term Investments | 274.53M | 251.7M | 300.08M | 97.28M | 373.9M | 304.65M | 324.62M | 263.58M | 341.81M | 290.69M | 244.51M | 154.42M | 233.37M | 194.52M | 181.7M | 108.29M | 203.27M | 264.33M | 600.94M | 61M |
| Cash Only | 171.06M | 96.14M | 111.76M | 97.28M | 192.28M | 144.51M | 324.62M | 263.58M | 241.32M | 196.21M | 146.47M | 56.87M | 142.93M | 105.04M | 120.41M | 39.89M | 139.4M | 201.93M | 600.94M | 61M |
| Short-Term Investments | 103.47M | 155.56M | 188.32M | 0 | 181.62M | 160.14M | 0 | 0 | 100.5M | 94.48M | 98.03M | 97.55M | 90.44M | 89.48M | 61.3M | 68.4M | 63.87M | 62.4M | 0 | 0 |
| Accounts Receivable | 42.1M | 113.25M | 86.67M | 122.04M | 34.36M | 115.7M | 83.44M | 118.21M | 34.96M | 137.25M | 80.13M | 108.25M | 33.72M | 105.53M | 80.2M | 104.76M | 34.69M | 102.01M | 71.34M | 101.76M |
| Days Sales Outstanding | 26.77 | 29.14 | 31.16 | 27.55 | 27.59 | 30.97 | 31.7 | 29.57 | 34.45 | 36.01 | 31.14 | 29.43 | 30.09 | 33.42 | 32.89 | 30.73 | 31.14 | 31.95 | 31.68 | 27.36 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 14.83M | 15.02M | 13.43M | 214.67M | 14.22M | 16.09M | 11.91M | 11.59M | 13.05M | 16.51M | 12.89M | 12.07M | 12.46M | 15.83M | 11.37M | 10.18M | 11.89M | 14.02M | 8.77M | 10.63M |
| Total Non-Current Assets | 587.72M | 587.92M | 592.13M | 598.8M | 598.53M | 595.01M | 598.45M | 599.55M | 602.87M | 591.12M | 592.94M | 588.42M | 566.67M | 558.13M | 559.48M | 561.31M | 537.45M | 538.03M | 541.7M | 1.51B |
| Property, Plant & Equipment | 274.82M | 273.15M | 275.53M | 279.88M | 277.86M | 273.82M | 276.36M | 275.08M | 275.72M | 262.32M | 262.15M | 255.03M | 231.16M | 220.71M | 220.22M | 219.96M | 193.83M | 192.35M | 193.77M | 191.75M |
| Fixed Asset Turnover | 0.96x | 1.13x | 1.11x | 0.94x | 0.90x | 1.05x | 1.06x | 0.87x | 0.85x | 1.05x | 1.08x | 0.91x | 0.93x | 1.13x | 1.18x | 1.01x | 1.03x | 1.26x | 1.30x | 1.08x |
| Goodwill | 160.77M | 160.77M | 160.77M | 160.77M | 160.77M | 160.77M | 160.77M | 160.77M | 160.77M | 160.77M | 160.77M | 160.77M | 160.77M | 160.77M | 160.77M | 160.77M | 160.77M | 160.77M | 160.77M | 160.77M |
| Intangible Assets | 147.33M | 149.44M | 151.54M | 153.65M | 155.75M | 157.86M | 159.96M | 162.07M | 164.17M | 166.28M | 168.38M | 170.49M | 172.59M | 174.69M | 176.8M | 178.9M | 181.01M | 183.11M | 185.22M | 187.32M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -28.45M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 4.81M | 4.56M | 4.29M | 4.5M | 4.15M | 2.57M | 1.36M | 1.64M | 2.21M | 1.75M | 1.64M | 2.14M | 2.16M | 1.96M | 1.69M | 1.68M | 1.84M | 1.8M | 1.94M | 967.22M |
| Total Assets | 919.18M | 967.89M | 992.3M | 1.03B | 1.02B | 1.03B | 1.02B | 992.93M | 992.69M | 1.04B | 930.46M | 863.16M | 846.22M | 874.02M | 832.75M | 784.54M | 787.3M | 918.39M | 1.22B | 1.68B |
| Asset Turnover | 0.28x | 0.32x | 0.30x | 0.25x | 0.24x | 0.28x | 0.29x | 0.24x | 0.22x | 0.28x | 0.31x | 0.26x | 0.24x | 0.29x | 0.32x | 0.27x | 0.23x | 0.23x | 0.17x | 0.12x |
| Asset Growth % | -9.97% | -6.16% | -2.56% | 4.01% | 2.85% | -0.4% | 9.45% | 15.03% | 17.31% | 18.48% | 11.73% | 10.02% | 7.48% | -4.83% | -31.9% | -53.31% | -57.37% | -51.28% | -33.71% | -6.67% |
| Total Current Liabilities | 117.64M | 138.42M | 109.75M | 136.74M | 118.99M | 128.2M | 110.97M | 106.55M | 107.47M | 160.13M | 97.03M | 99.52M | 100.44M | 119.65M | 99.71M | 95.59M | 103.72M | 132.71M | 97.94M | 203.84M |
| Accounts Payable | 16.78M | 29.26M | 24.35M | 19.28M | 24.35M | 24.08M | 26.72M | 28.08M | 22.47M | 29.83M | 17.68M | 23.7M | 22.84M | 21.8M | 20.01M | 18.83M | 18.14M | 29.64M | 24.31M | 40.67M |
| Days Payables Outstanding | 15.67 | 17.62 | 15.01 | 15.52 | 17.47 | 17.79 | 19.64 | 19.52 | 19.98 | 17.71 | 15.6 | 18.95 | 18.24 | 16.97 | 16.11 | 16.21 | 20.86 | 23.38 | 31.26 | 29.7 |
| Short-Term Debt | 0 | 0 | 14.57M | 0 | 0 | 0 | 12.88M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 82.92M |
| Deferred Revenue (Current) | 15.12M | 9.87M | 0 | 3.8M | 14.15M | 9.08M | 0 | 6.42M | 7.22M | 10.27M | 0 | 6.24M | 9.11M | 9.68M | 0 | 6.1M | 11.96M | 12.17M | 10K | 3.2M |
| Other Current Liabilities | 35.33M | 25.57M | 67.48M | 28.77M | 32.79M | 23.25M | 33.18M | 26.14M | 33.78M | 57.61M | 31.36M | 25.45M | 28.59M | 21.12M | 36.41M | 33.1M | 32.91M | 31.99M | 32.71M | 42.98M |
| Current Ratio | 2.82x | 2.75x | 3.65x | 3.17x | 3.55x | 3.40x | 3.78x | 3.69x | 3.63x | 2.78x | 3.48x | 2.76x | 2.78x | 2.64x | 2.74x | 2.34x | 2.41x | 2.87x | 6.95x | 0.85x |
| Quick Ratio | 2.82x | 2.75x | 3.65x | 3.17x | 3.55x | 3.40x | 3.78x | 3.69x | 3.63x | 2.78x | 3.48x | 2.76x | 2.78x | 2.64x | 2.74x | 2.34x | 2.41x | 2.87x | 6.95x | 0.85x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 132.03M | 133.28M | 135.62M | 138.01M | 124.04M | 122.54M | 123.61M | 122.24M | 126.03M | 116M | 115.42M | 113.11M | 100.35M | 95.12M | 95.42M | 97.4M | 76.95M | 79.24M | 79.75M | 75.84M |
| Long-Term Debt | 0 | 0 | 92.75M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 88.87M | 89.13M | 92.75M | 96.32M | 94.26M | 92.17M | 95.64M | 94.61M | 97.5M | 85.96M | 88.26M | 86M | 72.62M | 66.64M | 68.79M | 70.76M | 50.35M | 51.87M | 53.76M | 53.18M |
| Deferred Tax Liabilities | 41.84M | 42.77M | 41.43M | 40.2M | 28.23M | 28.97M | 26.53M | 26.13M | 26.99M | 28.45M | 26.75M | 26.69M | 27.31M | 28.05M | 26.2M | 26.2M | 26.57M | 27.34M | 25.96M | 22.62M |
| Other Non-Current Liabilities | 1.33M | 1.38M | -91.32M | 1.49M | 1.55M | 1.4M | 1.44M | 1.49M | 1.54M | 1.58M | 410K | 416K | 423K | 429K | 436K | 442K | 24K | 30K | 37K | 43K |
| Total Liabilities | 249.67M | 271.7M | 245.37M | 274.75M | 243.03M | 250.74M | 234.57M | 228.79M | 233.5M | 276.12M | 212.45M | 212.63M | 200.79M | 214.77M | 195.13M | 192.99M | 180.66M | 211.95M | 177.7M | 279.69M |
| Total Debt | 104.21M | 104.18M | 200.08M | 110.53M | 107.83M | 105.31M | 108.52M | 106.97M | 109.48M | 97.3M | 99.28M | 96.52M | 81.95M | 75.46M | 77.44M | 79.31M | 58.05M | 59.38M | 61.18M | 143.59M |
| Net Debt | -66.85M | 8.04M | 88.32M | 13.24M | -84.44M | -39.2M | -216.1M | -156.61M | -131.84M | -98.91M | -47.19M | 39.65M | -60.97M | -29.58M | -42.97M | 39.43M | -81.35M | -142.55M | -539.76M | 82.59M |
| Debt / Equity | 0.16x | 0.15x | 0.27x | 0.15x | 0.14x | 0.13x | 0.14x | 0.14x | 0.14x | 0.13x | 0.14x | 0.15x | 0.13x | 0.11x | 0.12x | 0.13x | 0.10x | 0.08x | 0.06x | 0.10x |
| Debt / EBITDA | 1.51x | 0.98x | 1.69x | 1.68x | 1.75x | 1.08x | 0.99x | 1.86x | 2.12x | 1.04x | 0.93x | 1.94x | 1.91x | 0.92x | 0.79x | 1.83x | 1.40x | 0.70x | 0.56x | 2.71x |
| Net Debt / EBITDA | -0.97x | 0.08x | 0.75x | 0.20x | -1.37x | -0.40x | -1.97x | -2.73x | -2.55x | -1.06x | -0.44x | 0.80x | -1.42x | -0.36x | -0.44x | 0.91x | -1.96x | -1.67x | -4.90x | 1.56x |
| Interest Coverage | - | - | - | - | - | - | - | - | 23415.50x | 44103.50x | 16794.83x | 44277.00x | 5433.14x | 4033.16x | - | - | 6837.80x | - | 84.88x | 81.73x |
| Total Equity | 669.51M | 696.19M | 746.93M | 758.04M | 777.98M | 780.7M | 783.85M | 764.14M | 759.2M | 759.45M | 718.01M | 650.53M | 645.42M | 659.25M | 637.62M | 591.56M | 606.64M | 706.44M | 1.05B | 1.4B |
| Equity Growth % | -13.94% | -10.83% | -4.71% | -0.8% | 2.47% | 2.8% | 9.17% | 17.46% | 17.63% | 15.2% | 12.61% | 9.97% | 6.39% | -6.68% | -38.99% | -57.77% | -60.68% | -55.53% | -33.62% | -7.9% |
| Book Value per Share | 25.53 | 25.91 | 27.05 | 27.17 | 27.65 | 27.42 | 27.15 | 26.20 | 25.81 | 25.62 | 24.13 | 21.75 | 21.31 | 21.52 | 20.68 | 18.85 | 19.03 | 20.24 | 26.34 | 31.62 |
| Total Shareholders' Equity | 669.51M | 696.19M | 746.93M | 758.04M | 777.98M | 780.7M | 783.85M | 764.14M | 759.2M | 759.45M | 718.01M | 650.53M | 645.42M | 659.25M | 637.62M | 591.56M | 606.64M | 706.44M | 1.05B | 1.4B |
| Common Stock | 543K | 543K | 542K | 542K | 542K | 542K | 541K | 541K | 541K | 541K | 540K | 540K | 540K | 540K | 538K | 538K | 538K | 538K | 536K | 536K |
| Retained Earnings | 2.81B | 2.76B | 2.69B | 2.6B | 2.58B | 2.54B | 2.47B | 2.39B | 2.35B | 2.31B | 2.24B | 2.16B | 2.13B | 2.1B | 2.04B | 1.97B | 1.94B | 1.91B | 1.86B | 1.77B |
| Treasury Stock | -2.5B | -2.42B | -2.29B | -2.19B | -2.15B | -2.1B | -2.02B | 0 | -1.92B | -1.88B | -1.85B | -1.83B | -1.8B | -1.75B | -1.71B | -1.68B | -1.64B | -1.51B | -1.11B | -663.56M |
| Accumulated OCI | -145K | -185K | 511K | 551K | 165K | -7K | 0 | 0 | -126K | -113K | -57K | -593K | -690K | -414K | -533K | -417K | -398K | -323K | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |