Zovio Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Sep '22 Sep 30, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017
Cash & Equivalents	3.09	28.27	35.46	69.28	166.31	185.1
Short-Term Investments	0.22	0.97	1.52	2.5	2.07	2.07
Cash & Short-Term Investments	3.31	29.24	36.98	71.78	168.38	187.16
Cash Growth	-89.95%	-20.93%	-48.49%	-57.37%	-10.04%	-47.61%
Accounts Receivable	5.36	9.63	7.2	34.95	27.02	24.17
Other Receivables	0.35	0.5	2.05	2.37	5.77	10.08
Receivables	5.71	10.13	9.25	37.32	32.78	34.26
Prepaid Expenses	2.61	4.92	4.15	5.59	6.52	7.41
Restricted Cash	2.94	9.29	20.04	23.26	18.62	20.43
Other Current Assets	0.35	8.01	6.42	12.57	5.97	4.9
Total Current Assets	14.91	61.58	76.83	150.51	232.26	254.15
Property, Plant & Equipment	18.13	55.26	50.69	52.91	16.86	10.43
Goodwill	19.7	23.18	23.18	-	-	-
Other Intangible Assets	3.29	5.14	7.51	42.81	10.7	12.43
Long-Term Deferred Charges	0.47	1.19	1.1	1.61	1.74	2.16
Other Long-Term Assets	2.06	2.69	2	2.3	7.93	5.46
Total Assets	58.56	149.03	161.31	250.14	269.49	284.64
Accounts Payable	14.68	5.97	11.25	6.6	5.31	5.62
Accrued Expenses	9.38	26.9	34.96	45.64	43.67	42.69
Current Portion of Leases	2.42	4.49	6.93	7.88	5.77	12.97
Current Income Taxes Payable	0.03	0.05	-	-	-	-
Current Unearned Revenue	8.04	14.94	8.09	55.28	63.83	70.77
Other Current Liabilities	-	37.36	9.56	8.04	8.04	9.89
Total Current Liabilities	34.56	89.71	70.78	123.44	126.63	141.93
Long-Term Debt	2.84	2.72	2.98	-	-	-
Long-Term Leases	18.08	34.21	24.13	22.41	8.63	-
Long-Term Unearned Revenue	-	0.81	-	-	-	-
Other Long-Term Liabilities	0.08	1.59	4.2	5.35	6.62	19.71
Total Liabilities	55.55	129.03	102.09	151.2	141.88	161.64
Common Stock	0.68	0.68	0.67	0.66	0.65	0.65
Additional Paid-In Capital	170.62	172.06	179.49	192.41	205.16	201.76
Retained Earnings	268.41	283.97	326.32	375.18	429.99	426.36
Treasury Stock	-436.7	-436.7	-447.26	-469.32	-508.19	-505.76
Shareholders' Equity	3.01	20.01	59.22	98.94	127.61	123
Total Liabilities & Equity	58.56	149.03	161.31	250.14	269.49	284.64
Total Debt	23.34	41.42	34.04	30.28	14.4	12.97
Net Cash (Debt)	-20.03	-12.18	2.94	41.5	153.97	174.19
Net Cash Growth	-	-	-92.92%	-73.05%	-11.61%	-51.24%
Net Cash Per Share	-0.59	-0.37	0.09	1.41	5.59	5.31
Filing Date Shares Outstanding	34.22	34.05	32.75	30.33	27.17	27.16
Total Common Shares Outstanding	34.22	33.55	32.27	30.33	27.17	27.16
Working Capital	-19.65	-28.13	6.05	27.07	105.64	112.22
Book Value Per Share	0.09	0.60	1.84	3.26	4.70	4.53
Tangible Book Value	-19.98	-8.31	28.53	56.13	116.91	110.57
Tangible Book Value Per Share	-0.58	-0.25	0.88	1.85	4.30	4.07
Buildings	-	-	-	-	10.43	-
Machinery	1.38	22.05	36.17	43.6	31.25	43.35
Leasehold Improvements	-	15.92	16.33	19.97	3.43	5.45

Updated Nov 21, 2022. Source: S&P Global Market Intelligence. Standard template. Financial Sources.