Grand Canyon Education
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Grand Canyon Education generated cash of $243,662,000, which is more than the previous year. Cash used in financing activities reached the amount of -$137,124,000 last year. Net change in cash is therefore $26,066,000.
Cash Flow
| 2014 | 166.99M | -161.01M | 3.42M |
|---|---|---|---|
| 2015 | 173.9M | -200.88M | -15.22M |
| 2016 | 218.28M | -216.00M | 20.65M |
| 2017 | 304.89M | -152.06M | -35.73M |
| 2018 | 199.08M | -238.23M | -26.84M |
| 2019 | 306.34M | -405.87M | 40.09M |
| 2020 | 308.82M | -19.35M | -166.27M |
| 2021 | 313.11M | 950.97M | -908.92M |
| 2022 | 220.81M | -97.13M | -604.21M |
| 2023 | 243.66M | -80.47M | -137.12M |
LOPE Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 120.40M | 600.94M | 245.76M | 122.57M | 182.01M | 248.00M | 130.90M | 23.03M | 65.23M | 55.82M |
Operating activities | ||||||||||
Net income | 204.98M | 184.67M | 260.34M | 257.19M | 259.17M | 229.01M | 203.31M | 148.51M | 131.41M | 111.46M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 31.97M | 31.17M | 30.41M | 29.65M | 26.91M | 35.67M | 54.22M | 45.68M | 35.67M | 29.47M |
Stock-based compensation expense | 13.20M | 12.64M | 11.52M | 10.66M | 10.3M | 0 | 12.68M | 12.27M | 11.25M | 9.94M |
| Deferred income tax benefit | 13.20M | 12.64M | 11.52M | 10.66M | 10.3M | 0 | 12.68M | 12.27M | 11.25M | 9.94M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -1.39M | -7.35M | -2.86M | -13.25M | 766K | -59.26M | -19.84M | -20.34M | -17.31M | -15.43M |
Inventories | 0 | 0 | 3.89M | 17.99M | 7.21M | -14.14M | 680K | 5.32M | -8.12M | 3.07M |
Accounts payable | -3.10M | -3.89M | 7.39M | 1.01M | -3.09M | -14.30M | 5.37M | -4.79M | 5.00M | -2.44M |
Cash generated by operating activities | 243.66M | 220.81M | 313.11M | 308.82M | 306.34M | 199.08M | 304.89M | 218.28M | 173.9M | 166.99M |
Investing activities | ||||||||||
Purchases Of Investments | -98.85M | -171.54M | -56.33M | 0 | -9.38M | -46.94M | -94.05M | -49.15M | -48.12M | -114.91M |
Investments In Property Plant And Equipment | -44.53M | -35.62M | -29.39M | -29.94M | -22.65M | -94.85M | -123.95M | -239.01M | -218.30M | -168.64M |
Acquisitions Net | 0 | 397K | 29.39M | 0 | -361.18M | -131.55M | 685K | 1.74M | -156.59M | 168.64M |
Cash generated by investing activities | -80.47M | -97.13M | 950.97M | -19.35M | -405.87M | -238.23M | -152.06M | -216.00M | -200.88M | -161.01M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 2.68M | 883K | 0 | 4.63M | 0 | 13.20M | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -137.12M | -604.21M | -803.83M | -134.01M | -43.91M | -24.75M | -11.3M | -20.06M | -15.56M | -5.33M |
Repayments of term debt | 0 | 0 | -107.77M | -33.14M | 82.56M | -6.71M | -31.80M | -7.22M | -6.78M | -6.69M |
Cash used in financing activities | -137.12M | -604.21M | -908.92M | -166.27M | 40.09M | -26.84M | -35.73M | 20.65M | -15.22M | 3.42M |
Net Change In Cash | 26.06M | -480.53M | 355.17M | 123.19M | -59.44M | -65.99M | 117.10M | 22.94M | -42.20M | 9.41M |
Cash at end of period | 146.47M | 120.40M | 600.94M | 245.76M | 122.57M | 182.01M | 248.00M | 45.97M | 23.03M | 65.23M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |