Grand Canyon Education (LOPE) Debt to Equity (2010 - 2022)

Grand Canyon Education (LOPE) reported Debt to Equity of $0.12 for Q3 2022, up 44.11% quarter-over-quarter from $0.08 in Q2 2022.

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

Grand Canyon Education has reported Debt to Equity for 13 years, with the latest figure at $0.12 in Q3 2022.

  • For the quarter ending Q3 2022, Debt to Equity changed N/A year-over-year to $0.12; the trailing twelve-month figure through Sep 2022 stood at $0.12 (changed N/A YoY), and the FY2021 full-year result was $0.05, up 8.51% from the prior year.
  • Debt to Equity for Q3 2022 stood at $0.12, up from $0.08 in the prior quarter.
  • The five-year high for Debt to Equity was $0.16 in Q1 2019, with the low at -$25.96 in Q1 2020.
  • Historically, Debt to Equity has averaged -$1.37 across 5 years, with a median of $0.05 in 2018.
  • Annual changes were most pronounced in 2019 — Debt to Equity surged 286.62% — and 2020, when it plunged 16623.93%.
  • Grand Canyon Education's Debt to Equity stood at $0.02 in 2018, then surged by 286.62% to $0.07 in 2019, then tumbled by 36.51% to $0.05 in 2020, then grew by 8.51% to $0.05 in 2021, then surged by 132.55% to $0.12 in 2022.
  • The last three Debt to Equity figures came in at $0.12 (Q3 2022), $0.08 (Q2 2022), and $0.07 (Q1 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 51Talk Online Education 7.03 Bn 6.99 Bn 22.18 Mn -0.11
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn 0.21
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn 0.17
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn 0.37
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn 0.25
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn -
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn 3.54
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn 0.38
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn -
10 Strategic Education 1.69 Bn 1.53 Bn - -

Historic Data

Download Data
DateValue
Sep 30, 2022 0.12
Jun 30, 2022 0.08
Mar 31, 2022 0.07
Dec 31, 2021 0.05
Jun 30, 2021 0.04
Mar 31, 2021 0.04
Dec 31, 2020 0.05
Sep 30, 2020 0.05
Jun 30, 2020 0.06
Mar 31, 2020 -25.96
Dec 31, 2019 0.07
Sep 30, 2019 0.15
Jun 30, 2019 0.16
Mar 31, 2019 0.16
Dec 31, 2018 0.02
Sep 30, 2018 0.05
Jun 30, 2018 0.05
Mar 31, 2018 0.06
Dec 31, 2017 0.06
Sep 30, 2017 0.07