Grand Canyon Education, Inc. (LOPE)

Grand Canyon Education Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	192.28	324.62	146.48	120.41	600.94	245.77
Short-Term Investments	181.62	-	98.03	61.3	-	-
Trading Asset Securities	-	-	-	-	-	10.84
Cash & Short-Term Investments	373.9	324.62	244.51	181.7	600.94	256.61
Cash Growth	9.39%	32.77%	34.56%	-69.76%	134.19%	78.36%
Accounts Receivable	27.7	82.95	78.81	77.41	70.06	62.19
Other Receivables	6.67	0.49	1.32	2.79	1.28	6.31
Receivables	34.36	83.44	80.13	80.2	71.34	68.49
Other Current Assets	14.22	11.92	12.89	11.37	8.77	8.64
Total Current Assets	422.48	419.98	337.52	273.27	681.05	333.74
Property, Plant & Equipment	277.86	276.36	262.15	220.22	193.77	189.68
Goodwill	160.77	160.77	160.77	160.77	160.77	160.77
Other Intangible Assets	155.75	159.96	168.38	176.8	185.22	193.64
Long-Term Deferred Charges	0.52	0.66	0.75	0.91	1.17	1.2
Other Long-Term Assets	3.63	0.7	0.9	0.78	0.78	0.65
Total Assets	1,021	1,018	930.46	832.75	1,223	1,845
Accounts Payable	24.35	26.72	17.68	20.01	24.31	16.58
Accrued Expenses	66.8	48.18	44.45	43.02	46.2	44.88
Current Portion of Long-Term Debt	-	-	-	-	-	33.14
Current Portion of Leases	13.58	12.88	11.02	8.65	7.43	7.39
Current Income Taxes Payable	0.11	8.56	10.25	12.17	5.9	5.41
Current Unearned Revenue	14.15	-	-	-	0.01	-
Other Current Liabilities	-	14.63	13.63	15.86	14.11	11.32
Total Current Liabilities	118.99	110.97	97.03	99.71	97.94	118.72
Long-Term Debt	-	-	-	-	-	74.63
Long-Term Leases	94.26	95.64	88.26	68.79	53.76	56.61
Long-Term Deferred Tax Liabilities	28.24	26.53	26.75	26.2	25.96	20.29
Other Long-Term Liabilities	1.55	1.44	0.41	0.44	0.04	0
Total Liabilities	243.03	234.57	212.45	195.13	177.7	270.25
Common Stock	0.54	0.54	0.54	0.54	0.54	0.53
Additional Paid-In Capital	343.85	336.74	322.51	309.31	296.67	282.47
Retained Earnings	2,584	2,471	2,245	2,040	1,855	1,595
Treasury Stock	-2,151	-2,024	-1,850	-1,711	-1,107	-303.38
Comprehensive Income & Other	0.17	-	-0.06	-0.53	-	-
Shareholders' Equity	777.98	783.85	718.01	637.62	1,045	1,574
Total Liabilities & Equity	1,021	1,018	930.46	832.75	1,223	1,845
Total Debt	107.83	108.52	99.28	77.44	61.18	171.78
Net Cash (Debt)	266.07	216.11	145.23	104.26	539.76	84.83
Net Cash Growth	14.52%	48.81%	39.29%	-80.68%	536.28%	-
Net Cash Per Share	9.28	7.38	4.82	3.23	12.28	1.80
Filing Date Shares Outstanding	27.74	28.32	29.57	30.56	34.9	46.45
Total Common Shares Outstanding	27.89	28.46	29.5	30.58	37.3	46.23
Working Capital	303.49	309.01	240.49	173.57	583.1	215.02
Book Value Per Share	27.90	27.55	24.34	20.85	28.02	34.05
Tangible Book Value	461.46	463.13	388.87	300.05	699.06	1,220
Tangible Book Value Per Share	16.55	16.28	13.18	9.81	18.74	26.39
Land	5.1	5.1	5.1	5.1	5.58	5.58
Buildings	90.57	88.82	85.61	73.31	68.56	65.75
Machinery	173.03	170.88	165.69	140.64	131.6	116.01
Construction In Progress	4.5	6.39	10.27	16.34	3.38	5.04

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q