Lincoln Educational Services Corp financial data

Symbol
LINC on Nasdaq
Industry
Services-Educational Services
Location
14 Sylvan Way, Suite A, Parsippany, NJ
State of incorporation
New Jersey
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 189 % -4.25%
Quick Ratio 4 % -9.51%
Debt-to-equity 112 % +3.87%
Return On Equity 4.87 % -76.7%
Return On Assets 2.3 % -76.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 31.5M shares +0.37%
Common Stock, Shares, Outstanding 31.5M shares +0.42%
Entity Public Float 185M USD +22.9%
Weighted Average Number of Shares Outstanding, Basic 30.7M shares +1.72%
Weighted Average Number of Shares Outstanding, Diluted 30.7M shares +0.86%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 408M USD +13.6%
Costs and Expenses 399M USD +24.3%
Operating Income (Loss) 9.39M USD -75.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 10.8M USD -72.8%
Income Tax Expense (Benefit) 2.85M USD -73%
Net Income (Loss) Attributable to Parent 7.96M USD -72.8%
Earnings Per Share, Basic 0.26 USD/shares -72%
Earnings Per Share, Diluted 0.25 USD/shares -73.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 67M USD +0.95%
Accounts Receivable, after Allowance for Credit Loss, Current 43.6M USD +36%
Inventory, Net 2.35M USD -8.22%
Assets, Current 119M USD -13.2%
Deferred Income Tax Assets, Net 22.8M USD -9.58%
Property, Plant and Equipment, Net 59.5M USD +83%
Operating Lease, Right-of-Use Asset 107M USD +19.8%
Goodwill 10.7M USD 0%
Other Assets, Noncurrent 1.37M USD +18.2%
Assets 366M USD +17.6%
Accounts Payable, Current 19M USD +12.8%
Accrued Liabilities, Current 11.6M USD -5.96%
Contract with Customer, Liability, Current 24.3M USD +6.11%
Liabilities, Current 66.9M USD -2.58%
Operating Lease, Liability, Noncurrent 106M USD +20.9%
Other Liabilities, Noncurrent 0 USD
Liabilities 202M USD +28.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -36K USD +96.4%
Retained Earnings (Accumulated Deficit) 68.4M USD +13.2%
Stockholders' Equity Attributable to Parent 165M USD +6.73%
Liabilities and Equity 366M USD +17.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -14.9M USD -6879%
Net Cash Provided by (Used in) Financing Activities -3.59M USD -53.9%
Net Cash Provided by (Used in) Investing Activities 8.03M USD
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 31.5M shares +0.42%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 67M USD -5.08%
Interest Paid, Excluding Capitalized Interest, Operating Activities 34K USD -63.8%
Operating Lease, Liability 118M USD +20.2%
Payments to Acquire Property, Plant, and Equipment 1.68M USD -48.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 8.94M USD -69.7%
Lessee, Operating Lease, Liability, to be Paid 172M USD +19%
Property, Plant and Equipment, Gross 191M USD +12.2%
Operating Lease, Liability, Current 12M USD +14.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 17.2M USD +9.78%
Lessee, Operating Lease, Liability, to be Paid, Year One 19.5M USD +12.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) 421K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 53.7M USD +16.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 14.4M USD +8.01%
Deferred Tax Assets, Operating Loss Carryforwards 1.04M USD -46.9%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 14.3M USD +42.1%
Operating Lease, Payments 16.9M USD -2.33%
Additional Paid in Capital 48.3M USD +3.1%
Depreciation, Depletion and Amortization 2.6M USD +107%
Deferred Tax Assets, Net of Valuation Allowance 23.2M USD +4.06%
Interest Expense 1.53M USD +1032%