Grand Canyon Education, Inc. financial data

Symbol
LOPE on Nasdaq
Industry
Services-Educational Services
Location
2600 W. Camelback Road, Phoenix, Arizona
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 292 % +15.2%
Debt-to-equity 32.5 % +3.57%
Return On Equity 30.8 % +3.15%
Return On Assets 23.2 % +2.29%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 29.7 M shares -3.21%
Common Stock, Shares, Outstanding 29.8 M shares -3.19%
Entity Public Float 3.1 B USD +3.33%
Common Stock, Value, Issued 541 K USD +0.19%
Weighted Average Number of Shares Outstanding, Basic 29.5 M shares -3.29%
Weighted Average Number of Shares Outstanding, Diluted 29.6 M shares -3.26%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 985 M USD +7.43%
General and Administrative Expense 44.2 M USD -2.66%
Costs and Expenses 726 M USD +6.36%
Operating Income (Loss) 259 M USD +10.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 271 M USD +13.5%
Income Tax Expense (Benefit) 57.8 M USD +9.34%
Net Income (Loss) Attributable to Parent 213 M USD +14.6%
Earnings Per Share, Basic 7.18 USD/shares +18.9%
Earnings Per Share, Diluted 7.15 USD/shares +19%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 196 M USD +86.8%
Accounts Receivable, after Allowance for Credit Loss, Current 112 M USD +8.91%
Other Assets, Current 16.5 M USD +4.32%
Assets, Current 444 M USD +40.7%
Property, Plant and Equipment, Net 172 M USD +14.5%
Operating Lease, Right-of-Use Asset 90.1 M USD +28.2%
Intangible Assets, Net (Excluding Goodwill) 166 M USD -4.82%
Goodwill 161 M USD 0%
Other Assets, Noncurrent 1.76 M USD -10.6%
Assets 1.04 B USD +18.5%
Accounts Payable, Current 29.8 M USD +36.8%
Employee-related Liabilities, Current 24.8 M USD +17.3%
Accrued Liabilities, Current 57.6 M USD +82%
Contract with Customer, Liability, Current 10.3 M USD +6.12%
Liabilities, Current 160 M USD +33.8%
Deferred Income Tax Liabilities, Net 28.5 M USD +1.44%
Operating Lease, Liability, Noncurrent 86 M USD +29%
Other Liabilities, Noncurrent 1.58 M USD +269%
Liabilities 276 M USD +28.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -113 K USD +72.7%
Retained Earnings (Accumulated Deficit) 2.31 B USD +10.2%
Stockholders' Equity Attributable to Parent 759 M USD +15.2%
Liabilities and Equity 1.04 B USD +18.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 85 M USD +34.9%
Net Cash Provided by (Used in) Financing Activities -30 M USD +27.3%
Net Cash Provided by (Used in) Investing Activities -5.26 M USD +85.8%
Common Stock, Shares Authorized 100 M shares 0%
Common Stock, Shares, Issued 54.1 M shares +0.22%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 49.7 M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 196 M USD +86.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 33 K USD +1550%
Deferred Tax Assets, Valuation Allowance 0 USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 21.6 M USD -10.9%
Operating Lease, Liability 97.3 M USD +28.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 214 M USD +14.9%
Lessee, Operating Lease, Liability, to be Paid 114 M USD +31.8%
Property, Plant and Equipment, Gross 349 M USD +14.8%
Operating Lease, Liability, Current 11.3 M USD +28.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 14.8 M USD +36.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 14.8 M USD +32.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +29.9%
Deferred Income Tax Expense (Benefit) 554 K USD +138%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 16.5 M USD +51.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 14.1 M USD +30.3%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 229 K USD
Current Income Tax Expense (Benefit) 54.1 M USD -1.95%
Preferred Stock, Shares Authorized 10 M shares 0%
Unrecognized Tax Benefits 13.6 M USD -14.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 13.8 M USD +35.7%
Operating Lease, Payments 3.54 M USD +36.2%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 39 K USD -99.2%
Current Federal Tax Expense (Benefit) 54.1 M USD +7.78%
Amortization of Intangible Assets 8.42 M USD 0%
Depreciation, Depletion and Amortization 23.1 M USD +4.48%
Share-based Payment Arrangement, Expense 3.48 M USD +3.38%
Deferred State and Local Income Tax Expense (Benefit) 325 K USD -59.9%
Interest Expense 16 K USD -89.5%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%