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| 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 |