Lincoln Educational Services (LINC) Short-term Investments (2022 - 2024)
Lincoln Educational Services (LINC) posted quarterly Short-term Investments of $1.2 million for Q1 2024, down 70.99% year-over-year from $4.2 million in Q2 2023, and down 71.45% quarter-over-quarter from $4.3 million in Q4 2023.
Lincoln Educational Services (LINC) Short-term Investments (2022 - 2024) Analysis & Trends
Lincoln Educational Services (LINC) has reported Short-term Investments for 3 consecutive years, with $1.2 million the latest figure, recorded in Q1 2024.
- In Q1 2024, Short-term Investments fell 70.99% year-over-year to $1.2 million; the TTM figure through Mar 2024 stood at $1.2 million (down 70.99% YoY), while the FY2023 annual figure was $4.3 million, down 71.02% from the prior year.
- Short-term Investments slipped to $1.2 million in Q1 2024 per LINC's latest filing, from $4.3 million in the prior quarter.
- Across five years, Short-term Investments topped out at $24.3 million in Q2 2023 and bottomed at $1.2 million in Q1 2024.
- Historically, Short-term Investments has averaged $12.2 million across 3 years, with a median of $9.5 million in 2022.
- Annual changes were most pronounced in 2023 — Short-term Investments tumbled 71.02% — and 2024, when it plunged 70.99%.
- Lincoln Educational Services' Short-term Investments stood at $14.8 million in 2022, then sank by 71.02% to $4.3 million in 2023, then sank by 71.45% to $1.2 million in 2024.
- Business Quant data shows LINC's Short-term Investments at $1.2 million in Q1 2024, $4.3 million in Q4 2023, and $24.3 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.84 Bn | 82.84 Bn | 812.22 Mn |
| 2 | 51Talk Online Education | 7.47 Bn | 7.44 Bn | 22.97 Mn |
| 3 | Laureate Education | 5.19 Bn | 5.03 Bn | 237.67 Mn |
| 4 | Graham Holdings | 5.04 Bn | 3.79 Bn | 777.03 Mn |
| 5 | Covista | 4.61 Bn | 4.61 Bn | 284.63 Mn |
| 6 | Grand Canyon Education | 3.76 Bn | 3.48 Bn | 204.08 Mn |
| 7 | Stride | 3.54 Bn | 2.58 Bn | 217.28 Mn |
| 8 | TAL Education | 2.31 Bn | -375.26 Mn | 227.32 Mn |
| 9 | McGraw Hill | 2.26 Bn | 2.01 Bn | 388.89 Mn |
| 10 | Lincoln Educational Services | 903.67 Mn | 859.49 Mn | 82.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 1.22 Mn |
| Dec 31, 2023 | 4.28 Mn |
| Sep 30, 2023 | 24.34 Mn |
| Jun 30, 2023 | 24.34 Mn |
| Mar 31, 2023 | 4.21 Mn |
| Dec 31, 2022 | 14.76 Mn |