Grand Canyon Education (LOPE) Long-Term Investments (2017 - 2021)
Grand Canyon Education's (LOPE) quarterly Long-Term Investments came in at $44.4 million in Q2 2021, up 202.33% YoY from $14.7 million in Q2 2020, and up 21.88% on a QoQ basis from $36.4 million in Q1 2021.
Grand Canyon Education (LOPE) Long-Term Investments (2017 - 2021) Analysis & Trends
Grand Canyon Education (LOPE) has 5 years of Long-Term Investments data on file, last reported at $44.4 million in Q2 2021.
- Quarterly Long-Term Investments rose 202.33% year-over-year to $44.4 million in Q2 2021, while the trailing twelve-month figure through Jun 2021 was $44.4 million (up 202.33% YoY) and the FY2020 annual result came in at $10.8 million, down 49.82% from the prior year.
- Long-Term Investments improved to $44.4 million in Q2 2021, from $36.4 million in the prior quarter.
- In the past five years, Long-Term Investments ranged from a high of $89.3 million in Q4 2017 to a low of $10.8 million in Q4 2020.
- A 5-year average of $29.9 million and a median of $15.9 million in 2020 frame the typical range for Long-Term Investments.
- Annual changes were most pronounced in 2019 — Long-Term Investments plunged 68.7% — and 2021, when it soared 202.33%.
- Tracing LOPE's Long-Term Investments over 5 years: 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 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 96.19 Mn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | - |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | - |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 2.72 Bn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 15.60 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | - |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | - |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | - |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | - |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | 3.07 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 |