Grand Canyon Education (LOPE) Asset Writedowns and Impairment (2016 - 2018)
Quarterly Asset Writedowns and Impairment rose 6.53% to $3.7 million in Q2 2018 from the year-ago period, while the trailing twelve-month figure was $8.7 million through Dec 2018, down 53.08% year-over-year, with the annual reading at -$5.0 million for FY2021, N/A changed from the prior year.
Grand Canyon Education filings provide 9 years of Asset Writedowns and Impairment readings, the most recent being $3.7 million for Q2 2018.
- Asset Writedowns and Impairment hit $3.7 million in Q2 2018 for Grand Canyon Education, down from $5.0 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $5.8 million in Q4 2016 and bottomed at $3.3 million in Q2 2014.
- Average Asset Writedowns and Impairment over 5 years is $4.3 million, with a median of $4.1 million recorded in 2014.
- The largest annual shift saw Asset Writedowns and Impairment tumbled 30.06% in 2014 before it increased 23.71% in 2015.
- Grand Canyon Education's Asset Writedowns and Impairment stood at $4.2 million in 2014, then rose by 23.71% to $5.2 million in 2015, then rose by 11.89% to $5.8 million in 2016, then fell by 12.01% to $5.1 million in 2017, then decreased by 28.38% to $3.7 million in 2018.
- Per Business Quant, the three most recent readings for LOPE's Asset Writedowns and Impairment are $3.7 million (Q2 2018), $5.0 million (Q1 2018), and $5.1 million (Q4 2017).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2018 | 3.67 Mn |
| Jun 30, 2018 | 3.67 Mn |
| Mar 31, 2018 | 5.00 Mn |
| Mar 31, 2018 | 5.00 Mn |
| Dec 31, 2017 | 5.13 Mn |
| Dec 31, 2017 | 5.13 Mn |
| Sep 30, 2017 | 5.52 Mn |
| Sep 30, 2017 | 5.52 Mn |
| Jun 30, 2017 | 3.45 Mn |
| Jun 30, 2017 | 3.45 Mn |
| Mar 31, 2017 | 4.38 Mn |
| Mar 31, 2017 | 4.38 Mn |
| Dec 31, 2016 | 5.83 Mn |
| Dec 31, 2016 | 5.83 Mn |
| Sep 30, 2016 | 4.85 Mn |
| Sep 30, 2016 | 4.85 Mn |
| Jun 30, 2016 | 3.44 Mn |
| Jun 30, 2016 | 3.44 Mn |