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

Grand Canyon Education's (LOPE) quarterly Debt Ratio came in at 0.09 in Q3 2022, up 41.02% on a QoQ basis from 0.06 in Q2 2022.

Grand Canyon Education (LOPE) Debt Ratio (2010 - 2022) Analysis & Trends

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.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	New Oriental Education & Technology	84.71 Bn	82.71 Bn	812.22 Mn	0.00
2	51Talk Online Education	7.32 Bn	7.28 Bn	22.97 Mn	0.05
3	Laureate Education	5.21 Bn	5.05 Bn	237.67 Mn	0.09
4	Graham Holdings	4.98 Bn	3.74 Bn	777.03 Mn	0.11
5	Covista	4.66 Bn	4.66 Bn	284.63 Mn	0.22
6	Grand Canyon Education	3.78 Bn	3.50 Bn	204.08 Mn	-
7	Stride	3.50 Bn	2.55 Bn	217.28 Mn	0.34
8	McGraw Hill	2.38 Bn	2.13 Bn	388.89 Mn	0.47
9	TAL Education	2.28 Bn	-401.26 Mn	227.32 Mn	-
10	Youdao	2.08 Bn	2.00 Bn	87.31 Mn	0.49

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