Grand Canyon Education (LOPE) Interest Coverage Ratio (2016 - 2024)
Quarterly Interest Coverage Ratio rose 321.86% to 21359.5 in Q2 2024 from the year-ago period, while the trailing twelve-month figure was 139472.0 through Mar 2025, up 760.75% year-over-year, with the annual reading at 68849.75 for FY2024, 811.53% up from the prior year.
Grand Canyon Education filings provide 15 years of Interest Coverage Ratio readings, the most recent being 21359.5 for Q2 2024.
- Interest Coverage Ratio hit 21359.5 in Q2 2024 for Grand Canyon Education, down from 42239.0 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 42239.0 in Q1 2024 and bottomed at 30226.0 in Q4 2022.
- Average Interest Coverage Ratio over 5 years is 6721.19, with a median of 108.95 recorded in 2020.
- Peak annual rise in Interest Coverage Ratio hit 10178.51% in 2022, while the deepest fall reached 38413.82% in 2022.
- Grand Canyon Education's Interest Coverage Ratio stood at 112.48 in 2020, then fell by 29.86% to 78.89 in 2021, then plummeted by 38413.82% to 30226.0 in 2022, then surged by 153.93% to 16299.83 in 2023, then surged by 31.04% to 21359.5 in 2024.
- Per Business Quant, the three most recent readings for LOPE's Interest Coverage Ratio are 21359.5 (Q2 2024), 42239.0 (Q1 2024), and 16299.83 (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | - |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 3.56 |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | -8.77 |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | - |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | - |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 41.36 |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 0.34 |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 7.65 |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 21,359.50 |
| Mar 31, 2024 | 42,239.00 |
| Dec 31, 2023 | 16,299.83 |
| Sep 30, 2023 | 41,538.00 |
| Jun 30, 2023 | 5,063.14 |
| Mar 31, 2023 | 3,919.84 |
| Dec 31, 2022 | -30,226.00 |
| Jun 30, 2022 | 6,769.00 |
| Dec 31, 2021 | 78.89 |
| Sep 30, 2021 | 61.16 |
| Jun 30, 2021 | 65.86 |
| Mar 31, 2021 | 105.41 |
| Dec 31, 2020 | 112.48 |
| Sep 30, 2020 | 55.60 |
| Jun 30, 2020 | 45.02 |
| Mar 31, 2020 | 52.26 |
| Dec 31, 2019 | 27.85 |
| Sep 30, 2019 | 20.78 |
| Jun 30, 2019 | 17.54 |
| Mar 31, 2019 | 28.01 |
| Dec 31, 2018 | 139.39 |
| Sep 30, 2018 | 52.72 |
| Jun 30, 2018 | 1,026.11 |
| Mar 31, 2018 | 260.38 |
| Dec 31, 2017 | 173.33 |
| Sep 30, 2017 | 105.28 |
| Jun 30, 2017 | 111.29 |
| Mar 31, 2017 | 132.12 |
| Dec 31, 2016 | 154.32 |
| Sep 30, 2016 | 136.82 |
| Jun 30, 2016 | 283.22 |