Grand Canyon Education (LOPE) Debt to Equity (2016 - 2022)
Quarterly Debt to Equity changed N/A to $0.12 in Q3 2022 from the year-ago period, while the trailing twelve-month figure was $0.12 through Sep 2022, changed N/A year-over-year, with the annual reading at $0.05 for FY2021, 8.51% up from the prior year.
Grand Canyon Education filings provide 13 years of Debt to Equity readings, the most recent being $0.12 for Q3 2022.
- Debt to Equity hit $0.12 in Q3 2022 for Grand Canyon Education, up from $0.08 in the prior quarter.
- Across five years, Debt to Equity topped out at $0.16 in Q1 2019 and bottomed at -$25.96 in Q1 2020.
- Average Debt to Equity over 5 years is -$1.37, with a median of $0.05 recorded in 2018.
- The largest annual shift saw Debt to Equity soared 286.62% in 2019 before it plummeted 16623.93% in 2020.
- Grand Canyon Education's Debt to Equity stood at $0.02 in 2018, then soared by 286.62% to $0.07 in 2019, then plummeted by 36.51% to $0.05 in 2020, then increased by 8.51% to $0.05 in 2021, then soared by 132.55% to $0.12 in 2022.
- Per Business Quant, the three most recent readings for LOPE's Debt to Equity are $0.12 (Q3 2022), $0.08 (Q2 2022), and $0.07 (Q1 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | -0.11 |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 0.17 |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 0.21 |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | - |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 0.25 |
| 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 | 0.38 |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 0.03 |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 0.29 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2017 | 0.07 |
| Mar 31, 2017 | 0.08 |
| Dec 31, 2016 | 0.09 |
| Sep 30, 2016 | 0.10 |
| Jun 30, 2016 | 0.10 |