Grand Canyon Education
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Grand Canyon Education's balance sheet done over the years? Its assets were worth $930,463,000 last year, which is more than in the previous period. 23% of Grand Canyon Education’s total assets is currently financed by debt. Its liabilities reached the amount of $212,449,000, which means an increase by 9% compared compared to last year.
Debt to Assets
| 2014 | 755713000 | 279.48M | 36.98% |
|---|---|---|---|
| 2015 | 898430000 | 288.17M | 32.08% |
| 2016 | 1092493000 | 318.80M | 29.18% |
| 2017 | 1303573000 | 317.62M | 24.37% |
| 2018 | 1324017000 | 110.42M | 8.34% |
| 2019 | 1690289000 | 246.85M | 14.6% |
| 2020 | 1844579000 | 270.25M | 14.65% |
| 2021 | 1222745000 | 177.69M | 14.53% |
| 2022 | 832749000 | 195.13M | 23.43% |
| 2023 | 930463000 | 212.44M | 22.83% |
LOPE Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 146.47M | 120.40M | 600.94M | 245.76M | 122.27M | 120.34M | 153.47M | 45.97M | 23.03M | 65.23M |
Short term investments | 98.03M | 61.29M | 0 | 10.84M | 21.60M | 69.00M | 89.27M | 62.59M | 83.36M | 100.78M |
Net receivables | 80.12M | 80.20M | 71.33M | 68.49M | 56.13M | 51.48M | 12.99M | 14.68M | 12.25M | 7.60M |
Inventory | 0 | 0 | 1 | -10.83M | 300K | 61.66M | 94.53M | 84.93M | 81.83M | 73.98M |
Other current assets | 12.88M | 11.36M | 8.76M | 8.63M | 8.03M | 6.96M | 119.12M | 21.88M | 96.24M | 93.41M |
Total current assets | 337.52M | 273.27M | 681.04M | 333.74M | 208.34M | 309.46M | 374.86M | 230.06M | 221.34M | 267.04M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 262.15M | 220.22M | 193.77M | 189.67M | 147.50M | 111.03M | 922.28M | 855.52M | 667.48M | 478.17M |
Goodwill | 160.76M | 160.76M | 160.76M | 160.76M | 160.76M | 2.94M | 2.94M | 2.94M | 2.94M | 2.94M |
Intangible assets | 168.38M | 176.8M | 185.21M | 193.63M | 202.05M | 0 | 0 | 0 | 2.94M | 0 |
Long term investments | 0 | 0 | -25.96M | -20.28M | -18.32M | 893.62M | -15.59M | -20.64M | -3.09M | -2.49M |
Other non-current assets | 1.64M | -24.50M | 1.94M | 966.75M | 971.61M | 478K | 723K | 897K | 3.30M | 3.90M |
Total non-current assets | 592.94M | 559.47M | 541.7M | 1.51B | 1.48B | 1.01B | 928.71M | 862.42M | 677.08M | 488.66M |
Total assets | 930.46M | 832.74M | 1.22B | 1.84B | 1.69B | 1.32B | 1.30B | 1.09B | 898.43M | 755.71M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 26.19M | 10K | 0 | 20K | 5.44M | 142.19M | 126.62M | 114.61M | 106.45M |
Short term debt | 22.04M | 8.64M | 7.42M | 40.53M | 36.22M | 36.46M | 6.69M | 31.63M | 8.01M | 6.79M |
Total current liabilities | 97.03M | 99.70M | 97.94M | 118.71M | 95.23M | 80.51M | 238.13M | 226.79M | 188.53M | 178.71M |
| Non-current liabilities: | ||||||||||
Long term debt | 88.25M | 68.79M | 53.75M | 131.24M | 133.29M | 23.43M | 59.92M | 66.61M | 74.04M | 80.28M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 27.15M | 436K | 37K | 3K | 13K | 6.46M | 1.2M | 1.68M | 4.30M | 4.51M |
Total non-current liabilities | 115.41M | 95.42M | 79.75M | 151.53M | 151.62M | 29.90M | 79.48M | 92.01M | 99.64M | 100.77M |
Total liabilities | 212.44M | 195.13M | 177.69M | 270.25M | 246.85M | 110.42M | 317.62M | 318.80M | 288.17M | 279.48M |
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