Grand Canyon Education, Inc. (LOPE)

Grand Canyon Education Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	144.51	324.62	146.48	120.41	600.94	245.77
Short-Term Investments	160.14	-	98.03	61.3	-	-
Trading Asset Securities	-	-	-	-	-	10.84
Cash & Short-Term Investments	304.65	324.62	244.51	181.7	600.94	256.61
Cash Growth	4.80%	32.77%	34.56%	-69.76%	134.19%	78.36%
Accounts Receivable	115.7	82.95	78.81	77.41	70.06	62.19
Other Receivables	-	0.49	1.32	2.79	1.28	6.31
Receivables	115.7	83.44	80.13	80.2	71.34	68.49
Other Current Assets	16.09	11.92	12.89	11.37	8.77	8.64
Total Current Assets	436.44	419.98	337.52	273.27	681.05	333.74
Property, Plant & Equipment	273.82	276.36	262.15	220.22	193.77	189.68
Goodwill	160.77	160.77	160.77	160.77	160.77	160.77
Other Intangible Assets	157.86	159.96	168.38	176.8	185.22	193.64
Long-Term Deferred Charges	0.6	0.66	0.75	0.91	1.17	1.2
Other Long-Term Assets	1.98	0.7	0.9	0.78	0.78	0.65
Total Assets	1,031	1,018	930.46	832.75	1,223	1,845
Accounts Payable	24.08	26.72	17.68	20.01	24.31	16.58
Accrued Expenses	57.82	48.18	44.45	43.02	46.2	44.88
Current Portion of Long-Term Debt	-	-	-	-	-	33.14
Current Portion of Leases	13.15	12.88	11.02	8.65	7.43	7.39
Current Income Taxes Payable	24.08	8.56	10.25	12.17	5.9	5.41
Current Unearned Revenue	9.08	-	-	-	0.01	-
Other Current Liabilities	-	14.63	13.63	15.86	14.11	11.32
Total Current Liabilities	128.2	110.97	97.03	99.71	97.94	118.72
Long-Term Debt	-	-	-	-	-	74.63
Long-Term Leases	92.17	95.64	88.26	68.79	53.76	56.61
Long-Term Deferred Tax Liabilities	28.97	26.53	26.75	26.2	25.96	20.29
Other Long-Term Liabilities	1.4	1.44	0.41	0.44	0.04	0
Total Liabilities	250.74	234.57	212.45	195.13	177.7	270.25
Common Stock	0.54	0.54	0.54	0.54	0.54	0.53
Additional Paid-In Capital	340.37	336.74	322.51	309.31	296.67	282.47
Retained Earnings	2,543	2,471	2,245	2,040	1,855	1,595
Treasury Stock	-2,103	-2,024	-1,850	-1,711	-1,107	-303.38
Comprehensive Income & Other	-0.01	-	-0.06	-0.53	-	-
Shareholders' Equity	780.7	783.85	718.01	637.62	1,045	1,574
Total Liabilities & Equity	1,031	1,018	930.46	832.75	1,223	1,845
Total Debt	105.31	108.52	99.28	77.44	61.18	171.78
Net Cash (Debt)	199.34	216.11	145.23	104.26	539.76	84.83
Net Cash Growth	3.07%	48.81%	39.29%	-80.68%	536.28%	-
Net Cash Per Share	6.88	7.38	4.82	3.23	12.28	1.80
Filing Date Shares Outstanding	27.97	28.32	29.57	30.56	34.9	46.45
Total Common Shares Outstanding	28.09	28.46	29.5	30.58	37.3	46.23
Working Capital	308.23	309.01	240.49	173.57	583.1	215.02
Book Value Per Share	27.79	27.55	24.34	20.85	28.02	34.05
Tangible Book Value	462.08	463.13	388.87	300.05	699.06	1,220
Tangible Book Value Per Share	16.45	16.28	13.18	9.81	18.74	26.39
Land	5.1	5.1	5.1	5.1	5.58	5.58
Buildings	89.91	88.82	85.61	73.31	68.56	65.75
Machinery	172.02	170.88	165.69	140.64	131.6	116.01
Construction In Progress	4.77	6.39	10.27	16.34	3.38	5.04

Updated May 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q