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

Grand Canyon Education has reported Debt Ratio for 13 years, with the latest figure at 0.09 in Q3 2022.

• For the quarter ending Q3 2022, Debt Ratio changed N/A year-over-year to 0.09; the trailing twelve-month figure through Sep 2022 stood at 0.09 (changed N/A YoY), and the FY2021 full-year result was 0.04, up 8.66% from the prior year.
• Debt Ratio for Q3 2022 stood at 0.09, up from 0.06 in the prior quarter.
• The five-year high for Debt Ratio was 0.12 in Q2 2019, with the low at 0.02 in Q4 2018.
• Historically, Debt Ratio has averaged 0.06 across 5 years, with a median of 0.05 in 2020.
• Annual changes were most pronounced in 2019 — Debt Ratio jumped 260.2% — and 2020, when it plunged 61.58%.
• Grand Canyon Education's Debt Ratio 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.