Lincoln Educational Services
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Lincoln Educational Services's balance sheet done over the years? Its assets were worth $345,249,000 last year, which is more than in the previous period. 52% of Lincoln Educational Services’s total assets is currently financed by debt. Its liabilities reached the amount of $178,445,000, which means an increase by 22% compared compared to last year.
Debt to Assets
| 2014 | 213707000 | 130.69M | 61.16% |
|---|---|---|---|
| 2015 | 210279000 | 129.28M | 61.48% |
| 2016 | 163207000 | 90.81M | 55.64% |
| 2017 | 155213000 | 109.4M | 70.48% |
| 2018 | 146038000 | 106.17M | 72.7% |
| 2019 | 194763000 | 151.61M | 77.85% |
| 2020 | 245190000 | 154.12M | 62.86% |
| 2021 | 295299000 | 165.88M | 56.17% |
| 2022 | 291566000 | 146.68M | 50.31% |
| 2023 | 345249000 | 178.44M | 51.69% |
LINC Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 75.99M | 46.07M | 83.30M | 38.02M | 23.64M | 17.57M | 14.56M | 21.06M | 38.42M | 42.29M |
Short term investments | 0 | 14.75M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 35.69M | 37.17M | 26.15M | 30.02M | 20.65M | 18.67M | 15.79M | 10.29M | 10.41M | 13.53M |
Inventory | 2.94M | 2.61M | 2.72M | 2.39M | 1.60M | 1.45M | 1.65M | 1.05M | 1.04M | 1.48M |
Other current assets | 20.03M | 109.92M | 9.44M | 3.72M | 4.57M | 19.41M | 10.56M | 39.64M | 54.79M | 85.74M |
Total current assets | 134.66M | 114.13M | 121.62M | 74.16M | 50.47M | 57.11M | 44.17M | 66.29M | 105.26M | 113.06M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 156.57M | 117.03M | 114.60M | 103.57M | 98.41M | 49.29M | 52.86M | 55.44M | 66.50M | 69.74M |
Goodwill | 10.74M | 14.53M | 14.53M | 14.53M | 14.53M | 14.53M | 14.53M | 14.53M | 14.53M | 22.20M |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 16K | 32K | 50K | 1.19M |
Long term investments | 0 | 22.73M | 20.02M | 16.46M | -153K | 12.17M | 9.46M | 27.57M | 20.53M | 0 |
Other non-current assets | 20.05M | 812K | 794K | 734K | 31.34M | 12.5M | 33.72M | -678K | 23.92M | 7.50M |
Total non-current assets | 210.58M | 177.43M | 173.67M | 171.02M | 144.28M | 88.92M | 111.03M | 96.91M | 105.01M | 100.64M |
Total assets | 345.24M | 291.56M | 295.29M | 245.19M | 194.76M | 146.03M | 155.21M | 163.20M | 210.27M | 213.70M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 26.90M | 24.15M | 25.40M | 23.45M | 23.41M | 22.54M | 24.64M | 17.52M | 21.39M | 26.46M |
Short term debt | 11.80M | 9.63M | 11.47M | 10.50M | 11.14M | 15M | 0 | 11.71M | 10.22M | 30.47M |
Total current liabilities | 73.41M | 55.02M | 65.88M | 66.84M | 57.20M | 64.58M | 47.48M | 68.33M | 71.44M | 83.47M |
| Non-current liabilities: | ||||||||||
Long term debt | 104.97M | 91.00M | 86.41M | 67.91M | 78.04M | 33.76M | 52.59M | 30.24M | 45.58M | 34.71M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 56K | 668K | 13.58M | 19.36M | 94.41M | 7.82M | 9.32M | -7.75M | 10.26M | 12.50M |
Total non-current liabilities | 105.03M | 91.66M | 99.99M | 87.28M | 94.41M | 41.59M | 61.91M | 22.48M | 57.83M | 47.21M |
Total liabilities | 178.44M | 146.68M | 165.88M | 154.12M | 151.61M | 106.17M | 109.4M | 90.81M | 129.28M | 130.69M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |