Lincoln Educational Services (LINC) Short-term Investments (2022 - 2024)
Lincoln Educational Services (LINC) reported 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 3 years of Short-term Investments data on file, last reported at $1.2 million in Q1 2024.
- Short-term Investments for Q1 2024 came in at $1.2 million, down 70.99% year-over-year; the trailing twelve-month figure through Mar 2024 was $1.2 million (down 70.99% YoY), and the FY2023 annual result was $4.3 million, down 71.02% from the prior year.
- Short-term Investments declined to $1.2 million in Q1 2024 per LINC's latest filing, from $4.3 million in the prior quarter.
- Over five years, Short-term Investments peaked at $24.3 million in Q3 2023 and troughed at $1.2 million in Q1 2024.
- A 3-year average of $8.8 million and a median of $4.2 million in 2023 frame the typical range for Short-term Investments.
- The sharpest annual moves came in 2023 and 2024: Short-term Investments tumbled 71.02% in 2023, then plunged 70.99% in 2024.
- A 3-year view of Short-term Investments shows it stood at $14.8 million in 2022, then plunged by 71.02% to $4.3 million in 2023, then plunged 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 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn |
| 10 | Lincoln Educational Services | 1.43 Bn | 1.42 Bn | 120.06 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 | 4.21 Mn |
| Mar 31, 2023 | 4.21 Mn |
| Dec 31, 2022 | 14.76 Mn |