Grand Canyon Education (LOPE) Debt Ratio (2010 - 2022)

Grand Canyon Education (LOPE) has 13 years of Debt Ratio data on file, last reported at 0.09 in Q3 2022.

• Quarterly Debt Ratio changed N/A year-over-year to 0.09 in Q3 2022, while the trailing twelve-month figure through Sep 2022 was 0.09 (changed N/A YoY) and the FY2021 annual result came in at 0.04, up 8.66% from the prior year.
• Debt Ratio rose to 0.09 in Q3 2022, from 0.06 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.12 in Q2 2019 to a low of 0.02 in Q4 2018.
• A 5-year average of 0.06 and a median of 0.05 in 2020 frame the typical range for Debt Ratio.
• Annual changes were most pronounced in 2019 — Debt Ratio jumped 260.2% — and 2020, when it plunged 61.58%.
• Tracing LOPE's Debt Ratio over 5 years: stood at 0.02 in 2018, then jumped by 260.2% to 0.06 in 2019, then tumbled by 36.55% to 0.04 in 2020, then increased by 8.66% to 0.04 in 2021, then jumped by 105.16% to 0.09 in 2022.
• The last three Debt Ratio figures came in at 0.09 (Q3 2022), 0.06 (Q2 2022), and 0.06 (Q1 2022), per Business Quant data.