Grand Canyon Education (LOPE) Debt Ratio (2016 - 2022)
Quarterly Debt Ratio changed N/A to 0.09 in Q3 2022 from the year-ago period, while the trailing twelve-month figure was 0.09 through Sep 2022, changed N/A year-over-year, with the annual reading at 0.04 for FY2021, 8.66% up from the prior year.
Grand Canyon Education filings provide 13 years of Debt Ratio readings, the most recent being 0.09 for Q3 2022.
- Debt Ratio hit 0.09 in Q3 2022 for Grand Canyon Education, up from 0.06 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.12 in Q2 2019 and bottomed at 0.02 in Q4 2018.
- Average Debt Ratio over 5 years is 0.06, with a median of 0.05 recorded in 2020.
- The largest annual shift saw Debt Ratio surged 260.2% in 2019 before it crashed 61.58% in 2020.
- Grand Canyon Education's Debt Ratio stood at 0.02 in 2018, then surged by 260.2% to 0.06 in 2019, then tumbled by 36.55% to 0.04 in 2020, then rose by 8.66% to 0.04 in 2021, then surged by 105.16% to 0.09 in 2022.
- Per Business Quant, the three most recent readings for LOPE's Debt Ratio are 0.09 (Q3 2022), 0.06 (Q2 2022), and 0.06 (Q1 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | 0.05 |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 0.10 |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 0.09 |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | - |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 0.17 |
| 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 | 0.15 |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 0.01 |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 0.16 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 0.09 |
| Jun 30, 2022 | 0.06 |
| Mar 31, 2022 | 0.06 |
| Dec 31, 2021 | 0.04 |
| Jun 30, 2021 | 0.03 |
| Mar 31, 2021 | 0.04 |
| Dec 31, 2020 | 0.04 |
| Sep 30, 2020 | 0.05 |
| Jun 30, 2020 | 0.05 |
| Mar 31, 2020 | 0.06 |
| Dec 31, 2019 | 0.06 |
| Sep 30, 2019 | 0.12 |
| Jun 30, 2019 | 0.12 |
| Mar 31, 2019 | 0.12 |
| Dec 31, 2018 | 0.02 |
| Sep 30, 2018 | 0.04 |
| Jun 30, 2018 | 0.04 |
| Mar 31, 2018 | 0.04 |
| Dec 31, 2017 | 0.05 |
| Sep 30, 2017 | 0.05 |
| Jun 30, 2017 | 0.05 |
| Mar 31, 2017 | 0.06 |
| Dec 31, 2016 | 0.06 |
| Sep 30, 2016 | 0.06 |
| Jun 30, 2016 | 0.07 |