Grand Canyon Education (LOPE) Asset Writedowns and Impairment (2010 - 2018)
Grand Canyon Education's (LOPE) quarterly Asset Writedowns and Impairment came in at $3.7 million in Q2 2018, up 6.53% YoY from $3.4 million in Q2 2017, and down 26.52% on a QoQ basis from $5.0 million in Q1 2018.
Analysis
Grand Canyon Education (LOPE) Asset Writedowns and Impairment (2010 - 2018) Analysis & Trends
Grand Canyon Education (LOPE) has 9 years of Asset Writedowns and Impairment data on file, last reported at $3.7 million in Q2 2018.
- Quarterly Asset Writedowns and Impairment rose 6.53% year-over-year to $3.7 million in Q2 2018, while the trailing twelve-month figure through Dec 2018 was $8.7 million (down 53.08% YoY) and the FY2021 annual result came in at -$5.0 million, changed N/A from the prior year.
- Asset Writedowns and Impairment retreated to $3.7 million in Q2 2018, from $5.0 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $5.8 million in Q4 2016 to a low of $3.3 million in Q2 2014.
- A 5-year average of $4.3 million and a median of $4.1 million in 2014 frame the typical range for Asset Writedowns and Impairment.
- Annual changes were most pronounced in 2014 — Asset Writedowns and Impairment plunged 30.06% — and 2015, when it gained 23.71%.
- Tracing LOPE's Asset Writedowns and Impairment over 5 years: stood at $4.2 million in 2014, then advanced by 23.71% to $5.2 million in 2015, then increased by 11.89% to $5.8 million in 2016, then decreased by 12.01% to $5.1 million in 2017, then dropped by 28.38% to $3.7 million in 2018.
- The last three Asset Writedowns and Impairment figures came in at $3.7 million (Q2 2018), $5.0 million (Q1 2018), and $5.1 million (Q4 2017), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 96.07 Bn | 93.33 Bn | 812.22 Mn |
| 2 | Laureate Education | 5.05 Bn | 4.89 Bn | 237.67 Mn |
| 3 | Graham Holdings | 4.75 Bn | 3.51 Bn | 777.03 Mn |
| 4 | Covista | 4.74 Bn | 4.33 Bn | 284.63 Mn |
| 5 | Grand Canyon Education | 3.94 Bn | 3.66 Bn | 204.08 Mn |
| 6 | Stride | 3.66 Bn | 2.70 Bn | 217.28 Mn |
| 7 | McGraw Hill | 2.47 Bn | 2.28 Bn | 439.20 Mn |
| 8 | Perdoceo Education | 2.09 Bn | 780.15 Mn | 162.46 Mn |
| 9 | TAL Education | 1.94 Bn | -737.26 Mn | 227.32 Mn |
| 10 | Strategic Education | 1.77 Bn | 1.64 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2018 | 3.67 Mn |
| Mar 31, 2018 | 5.00 Mn |
| Dec 31, 2017 | 5.13 Mn |
| Sep 30, 2017 | 5.52 Mn |
| Jun 30, 2017 | 3.45 Mn |
| Mar 31, 2017 | 4.38 Mn |
| Dec 31, 2016 | 5.83 Mn |
| Sep 30, 2016 | 4.85 Mn |
| Jun 30, 2016 | 3.44 Mn |
| Mar 31, 2016 | 4.52 Mn |
| Dec 31, 2015 | 5.21 Mn |
| Sep 30, 2015 | 4.00 Mn |
| Jun 30, 2015 | 3.44 Mn |
| Mar 31, 2015 | 3.97 Mn |
| Dec 31, 2014 | 4.21 Mn |
| Sep 30, 2014 | 3.77 Mn |
| Jun 30, 2014 | 3.27 Mn |
| Mar 31, 2014 | 3.80 Mn |
| Dec 31, 2013 | 5.02 Mn |
| Sep 30, 2013 | 5.40 Mn |