Grand Canyon Education (LOPE) Long-Term Investments (2017 - 2021)
Grand Canyon Education (LOPE) reported Long-Term Investments of $44.4 million for Q2 2021, up 202.33% on a YoY basis from $14.7 million in Q2 2020, and up 21.88% quarter-over-quarter from $36.4 million in Q1 2021.
Grand Canyon Education (LOPE) Long-Term Investments (2017 - 2021) Analysis & Trends
Grand Canyon Education has reported Long-Term Investments for 5 years, with the latest figure at $44.4 million in Q2 2021.
- For the quarter ending Q2 2021, Long-Term Investments rose 202.33% year-over-year to $44.4 million; the trailing twelve-month figure through Jun 2021 stood at $44.4 million (up 202.33% YoY), and the FY2020 full-year result was $10.8 million, down 49.82% from the prior year.
- Long-Term Investments for Q2 2021 stood at $44.4 million, up from $36.4 million in the prior quarter.
- The five-year high for Long-Term Investments was $89.3 million in Q4 2017, with the low at $10.8 million in Q4 2020.
- Historically, Long-Term Investments has averaged $29.9 million across 5 years, with a median of $15.9 million in 2020.
- Annual changes were most pronounced in 2019 — Long-Term Investments plunged 68.7% — and 2021, when it soared 202.33%.
- Grand Canyon Education's Long-Term Investments stood at $89.3 million in 2017, then retreated by 22.71% to $69.0 million in 2018, then sank by 68.7% to $21.6 million in 2019, then sank by 49.82% to $10.8 million in 2020, then surged by 309.73% to $44.4 million in 2021.
- The last three Long-Term Investments figures came in at $44.4 million (Q2 2021), $36.4 million (Q1 2021), and $10.8 million (Q4 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | - |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | - |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 237.05 Mn |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 14.10 Mn |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | - |
| 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 | - |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | - |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | - |
| 10 | Strategic Education | 1.69 Bn | 1.53 Bn | - | 5.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2021 | 44.42 Mn |
| Mar 31, 2021 | 36.44 Mn |
| Dec 31, 2020 | 10.84 Mn |
| Sep 30, 2020 | 12.81 Mn |
| Jun 30, 2020 | 14.69 Mn |
| Mar 31, 2020 | 17.05 Mn |
| Dec 31, 2019 | 21.60 Mn |
| Sep 30, 2019 | 14.15 Mn |
| Jun 30, 2019 | 14.21 Mn |
| Mar 31, 2019 | 14.24 Mn |
| Dec 31, 2018 | 69.00 Mn |
| Dec 31, 2017 | 89.27 Mn |