Grand Canyon Education (LOPE) Interest Expenses (2016 - 2024)
Quarterly Interest Expenses fell 71.43% to $2000.0 in Q2 2024 from the year-ago period, while the trailing twelve-month figure was $2000.0 through Mar 2025, down 87.5% year-over-year, with the annual reading at $4000.0 for FY2024, 87.88% down from the prior year.
Grand Canyon Education filings provide 15 years of Interest Expenses readings, the most recent being $2000.0 for Q2 2024.
- Interest Expenses hit $2000.0 in Q2 2024 for Grand Canyon Education, roughly flat from $2000.0 in the prior quarter.
- Across five years, Interest Expenses topped out at $1.5 million in Q1 2020 and bottomed at -$3000.0 in Q4 2022.
- Average Interest Expenses over 5 years is $502625.0, with a median of $380000.0 recorded in 2021.
- The largest annual shift saw Interest Expenses tumbled 100.23% in 2022 before it surged 300.0% in 2023.
- Grand Canyon Education's Interest Expenses stood at $865000.0 in 2020, then surged by 50.06% to $1.3 million in 2021, then crashed by 100.23% to -$3000.0 in 2022, then surged by 300.0% to $6000.0 in 2023, then tumbled by 66.67% to $2000.0 in 2024.
- Per Business Quant, the three most recent readings for LOPE's Interest Expenses are $2000.0 (Q2 2024), $2000.0 (Q1 2024), and $6000.0 (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (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 | 16.23 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 3.14 Mn |
| 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 | 1.53 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 993,000.00 |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 837,000.00 |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 2,000.00 |
| Jun 30, 2024 | 2,000.00 |
| Mar 31, 2024 | 2,000.00 |
| Mar 31, 2024 | 2,000.00 |
| Dec 31, 2023 | 6,000.00 |
| Dec 31, 2023 | 6,000.00 |
| Sep 30, 2023 | 1,000.00 |
| Sep 30, 2023 | 1,000.00 |
| Jun 30, 2023 | 7,000.00 |
| Jun 30, 2023 | 7,000.00 |
| Mar 31, 2023 | 19,000.00 |
| Mar 31, 2023 | 19,000.00 |
| Dec 31, 2022 | -3,000.00 |
| Dec 31, 2022 | -3,000.00 |
| Jun 30, 2022 | 5,000.00 |
| Jun 30, 2022 | 5,000.00 |
| Dec 31, 2021 | 1.30 Mn |
| Dec 31, 2021 | 1.30 Mn |
| Sep 30, 2021 | 741,000.00 |
| Sep 30, 2021 | 741,000.00 |
| Jun 30, 2021 | 763,000.00 |
| Jun 30, 2021 | 763,000.00 |
| Mar 31, 2021 | 799,000.00 |
| Mar 31, 2021 | 799,000.00 |
| Dec 31, 2020 | 865,000.00 |
| Dec 31, 2020 | 865,000.00 |
| Sep 30, 2020 | 918,000.00 |
| Sep 30, 2020 | 918,000.00 |
| Jun 30, 2020 | 1.07 Mn |
| Jun 30, 2020 | 1.07 Mn |
| Mar 31, 2020 | 1.55 Mn |
| Mar 31, 2020 | 1.55 Mn |
| Dec 31, 2019 | 2.94 Mn |
| Dec 31, 2019 | 2.94 Mn |
| Sep 30, 2019 | 2.88 Mn |
| Sep 30, 2019 | 2.88 Mn |
| Jun 30, 2019 | 2.91 Mn |
| Jun 30, 2019 | 2.91 Mn |
| Mar 31, 2019 | 2.59 Mn |
| Mar 31, 2019 | 2.59 Mn |
| Dec 31, 2018 | 575,000.00 |
| Dec 31, 2018 | 575,000.00 |
| Sep 30, 2018 | 558,000.00 |
| Sep 30, 2018 | 558,000.00 |
| Jun 30, 2018 | 57,000.00 |
| Jun 30, 2018 | 57,000.00 |
| Mar 31, 2018 | 346,000.00 |
| Mar 31, 2018 | 346,000.00 |
| Dec 31, 2017 | 527,000.00 |
| Dec 31, 2017 | 527,000.00 |
| Sep 30, 2017 | 567,000.00 |
| Sep 30, 2017 | 567,000.00 |
| Jun 30, 2017 | 495,000.00 |
| Jun 30, 2017 | 495,000.00 |
| Mar 31, 2017 | 580,000.00 |
| Mar 31, 2017 | 580,000.00 |
| Dec 31, 2016 | 497,000.00 |
| Dec 31, 2016 | 497,000.00 |
| Sep 30, 2016 | 344,000.00 |
| Sep 30, 2016 | 344,000.00 |
| Jun 30, 2016 | 158,000.00 |
| Jun 30, 2016 | 158,000.00 |