Grand Financial Statements From 2010 to 2021

LOPE -  USA Stock  

USD 71.00  0.29  0.41%

Grand Canyon financial statements provide useful quarterly and yearly information to potential Grand Canyon Educati investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Grand Canyon financial statements helps investors assess Grand Canyon's valuation, profitability, and current liquidity needs.
There are over one hundred five available fundamental trends for Grand Canyon Educati, which can be analyzed over time and compared to other ratios. Please make sure to confirm all of Grand Canyon's regular performance against the performance from 2010 to 2021 to make sure the company is sustainable down the road.
Grand Canyon Free Cash Flow is projected to increase significantly based on the last few years of reporting. The past year's Free Cash Flow was at 278.88 Million. The current year Working Capital is expected to grow to about 232 M, whereas Revenue Per Employee is forecasted to decline to about 175.5 K.

Grand Financial Statements 

 
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Check Grand Canyon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grand main balance sheet or income statement drivers, such as Direct Expenses of 310.7 M, Consolidated Income of 218.7 M or Cost of Revenue of 367.7 M, as well as many exotic indicators such as Interest Coverage of 171, Long Term Debt to Equity of 0.0486 or Calculated Tax Rate of 30.76. Grand financial statements analysis is a perfect complement when working with Grand Canyon Valuation or Volatility modules. It can also supplement various Grand Canyon Technical models. Additionally, see the analysis of Grand Canyon Correlation against competitors.

Grand Canyon Revenues

849.89 MillionShare

Grand Canyon Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.5 B1.8 BB
Increasing
Slightly volatile
Cash and Equivalents213.9 M245.8 M151.7 M
Increasing
Slightly volatile
Investments1.1 B975.8 M376.2 M
Increasing
Slightly volatile
Investments Current11.1 M10.8 M53.2 M
Decreasing
Stable
Investments Non Current1.1 B964.9 M924.2 M
Increasing
Slightly volatile
Deferred Revenue23.6 K23 K21.7 M
Decreasing
Slightly volatile
Deposit Liabilities98.1 M109.6 M79.7 M
Increasing
Slightly volatile
Property Plant and Equipment Net194.7 M189.7 M374.1 M
Increasing
Very volatile
Tax Assets1.3 M1.3 M6.5 M
Decreasing
Slightly volatile
Trade and Non Trade Receivables67.1 M62.2 M25.5 M
Increasing
Slightly volatile
Trade and Non Trade Payables17.9 M16.6 M21.6 M
Decreasing
Stable
Goodwill and Intangible Assets382.4 M354.4 M93.8 M
Increasing
Slightly volatile
Total Liabilities282.2 M270.2 M245.1 M
Increasing
Stable
Shareholders Equity1.2 B1.6 B766.2 M
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit1.7 B1.6 B725 M
Increasing
Slightly volatile
Accumulated Other Comprehensive Income(439.9 K)(407.7 K)(381.8 K)
Decreasing
Slightly volatile
Current Assets315.9 M333.7 M248.4 M
Increasing
Slightly volatile
Assets Non Current1.2 B1.5 B762.9 M
Increasing
Slightly volatile
Current Liabilities127.1 M118.7 M151.4 M
Decreasing
Stable
Liabilities Non Current130.8 M151.5 M91.7 M
Increasing
Slightly volatile
Tax Liabilities23.7 M25.7 M18.1 M
Increasing
Slightly volatile
Total Debt141.8 M171.8 M93.2 M
Increasing
Slightly volatile
Debt Current43.7 M40.5 M19.1 M
Increasing
Slightly volatile
Debt Non Current110.8 M131.2 M75.2 M
Increasing
Slightly volatile
Shareholders Equity USD1.2 B1.6 B766.2 M
Increasing
Slightly volatile
Cash and Equivalents USD213.9 M245.8 M151.7 M
Increasing
Slightly volatile
Total Debt USD141.8 M171.8 M93.2 M
Increasing
Slightly volatile
Accounts Payable17.5 M16.6 M20.6 M
Decreasing
Very volatile
Receivables72.5 M67.2 M30.8 M
Increasing
Slightly volatile

Grand Canyon Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues849.9 M844.1 M713.1 M
Increasing
Slightly volatile
Cost of Revenue367.7 M350.5 M320.7 M
Increasing
Slightly volatile
Selling General and Administrative Expense217.9 M207.7 M190.1 M
Increasing
Stable
Operating Expenses225.1 M216.1 M195.1 M
Increasing
Slightly volatile
Interest Expense3.8 M4.4 M2.7 M
Increasing
Slightly volatile
Income Tax Expense74.7 M75.9 M61.2 M
Increasing
Slightly volatile
Consolidated Income218.7 M257.2 M150.2 M
Increasing
Slightly volatile
Net Income218.7 M257.2 M150.2 M
Increasing
Slightly volatile
Net Income Common Stock218.7 M257.2 M150.2 M
Increasing
Slightly volatile
Weighted Average Shares51.3 M46.9 M46.5 M
Increasing
Slightly volatile
Weighted Average Shares Diluted52 M47.2 M47.4 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT297.2 M337.5 M214.1 M
Increasing
Slightly volatile
Revenues USD849.9 M844.1 M713.1 M
Increasing
Slightly volatile
Net Income Common Stock USD218.7 M257.2 M150.2 M
Increasing
Slightly volatile
Earning Before Interest and Taxes USD297.2 M337.5 M214.1 M
Increasing
Slightly volatile
Gross Profit482.2 M493.6 M392.4 M
Increasing
Slightly volatile
Operating Income257 M277.4 M197.2 M
Increasing
Slightly volatile
Direct Expenses310.7 M350.5 M300.8 M
Increasing
Slightly volatile

Grand Canyon Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Investment Acquisitions and Disposals11.4 M10.6 M(2.1 M)
Increasing
Slightly volatile
Net Cash Flow from Financing(170.7 M)(166.3 M)(26.2 M)
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities (34 M)(33.1 M)3.6 M
Decreasing
Stable
Issuance Purchase of Equity Shares(136.6 M)(133.1 M)(30.9 M)
Decreasing
Slightly volatile
Net Cash Flow from Operations273.1 M308.8 M197.8 M
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents132.9 M123.2 M20.7 M
Increasing
Slightly volatile
Share Based Compensation11 M10.7 M9.4 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion33.2 M29.7 M30.6 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share4.685.493.2241
Increasing
Slightly volatile
Earnings per Diluted Share4.635.453.1689
Increasing
Slightly volatile
Earnings per Basic Share USD4.685.493.2241
Increasing
Slightly volatile
Return on Average Equity0.20.1710.2484
Decreasing
Slightly volatile
Return on Average Assets0.140.1440.1555
Decreasing
Stable
Return on Invested Capital0.320.2610.4169
Decreasing
Slightly volatile
Gross Margin0.540.5850.5507
Decreasing
Very volatile
Profit Margin0.270.3050.1985
Increasing
Slightly volatile
EBITDA Margin0.410.4350.3293
Increasing
Slightly volatile
Return on Sales0.370.40.2873
Increasing
Slightly volatile
Asset Turnover0.640.4710.9151
Decreasing
Slightly volatile
Enterprise Value over EBITDA12.3311.9110.618
Increasing
Slightly volatile
Enterprise Value over EBIT13.8413.012.2368
Increasing
Slightly volatile
Price to Earnings Ratio16.7116.9618.3216
Decreasing
Stable
Sales per Share18.2518.00515.4102
Increasing
Slightly volatile
Price to Sales Ratio4.755.1713.6139
Increasing
Slightly volatile
Price to Book Value3.262.7714.1827
Decreasing
Slightly volatile
Debt to Equity Ratio0.170.1720.5331
Decreasing
Slightly volatile
Current Ratio2.482.8111.7981
Increasing
Slightly volatile
Free Cash Flow per Share6.425.9491.8255
Increasing
Slightly volatile
Book Value per Share26.6333.58216.3973
Increasing
Slightly volatile
Tangible Assets Book Value per Share27.931.78720.0095
Increasing
Slightly volatile
Total Assets Per Share42.6639.541722.3366
Increasing
Slightly volatile
Cash Flow Per Share7.146.62014.358
Increasing
Slightly volatile
Return on Investment17.4416.98731.8517
Decreasing
Slightly volatile
Operating Margin28.4532.867926.6541
Increasing
Slightly volatile
Calculated Tax Rate30.7622.796432.2698
Decreasing
Slightly volatile
Receivables Turnover14.2613.896744.8248
Decreasing
Very volatile
PPandE Turnover7.316.77793.1838
Increasing
Slightly volatile
Cash and Equivalents Turnover4.74.57449.7939
Decreasing
Stable
Accounts Payable Turnover43.4653.586536.4198
Increasing
Slightly volatile
Accrued Expenses Turnover18.1217.955520.1695
Increasing
Slightly volatile
Interest Coverage171198178
Increasing
Slightly volatile
Long Term Debt to Equity0.04860.04740.1305
Decreasing
Slightly volatile
Quick Ratio2.942.72751.3749
Increasing
Slightly volatile
Net Current Assets as percentage of Total Assets9.7711.65718.7332
Increasing
Stable
Revenue to Assets0.470.45760.838
Decreasing
Slightly volatile

Grand Canyon Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax293.4 M333.1 M211.4 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA330.4 M367.2 M244.7 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD330.4 M367.2 M244.7 M
Increasing
Slightly volatile
Market Capitalization3.8 B4.4 B2.8 B
Increasing
Slightly volatile
Enterprise Value3.8 B4.4 B2.7 B
Increasing
Slightly volatile
Invested Capital1.1 B1.3 B718.7 M
Increasing
Slightly volatile
Average Equity1.6 B1.5 B748.1 M
Increasing
Slightly volatile
Average Assets1.5 B1.8 B972.2 M
Increasing
Slightly volatile
Invested Capital Average1.1 B1.3 B683.4 M
Increasing
Slightly volatile
Tangible Asset Value1.3 B1.5 B930.5 M
Increasing
Slightly volatile
Free Cash Flow300.9 M278.9 M85.9 M
Increasing
Slightly volatile
Working Capital232 M215 M100.6 M
Increasing
Slightly volatile
Revenue Per Employee175.5 K182 K188.1 K
Increasing
Stable
Net Income Per Employee45.1 K55.5 K38.3 K
Increasing
Slightly volatile

Grand Fundamental Market Drivers

Short Percent Of Float2.25%
Forward Price Earnings11.21
Shares Short Prior Month1.38M
Average Daily Volume Last 10 Day253.61k
Average Daily Volume In Three Month362.82k
Date Short Interest15th of April 2021
Fifty Day Average84.82
Two Hundred Day Average94.15

Grand Upcoming Events

Upcoming Quarterly Report16th of February 2022
Next Earnings Report4th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End16th of February 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

About Grand Canyon Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Grand Canyon income statement, its balance sheet, and the statement of cash flows. Grand Canyon investors use historical funamental indicators, such as Grand Canyon's revenue or net income, to determine how well the company is positioned to perform in the future. Although Grand Canyon investors may use each financial statement separately, they are all related. The changes in Grand Canyon's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Grand Canyon's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Grand Canyon Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Grand Canyon. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2021
Deferred Revenue23 K23.6 K
Cost of Revenue350.5 M367.7 M
Revenues844.1 M849.9 M
Revenue to Assets 0.46  0.47 
Revenue Per Employee182 K175.5 K
Grand Canyon Education, Inc. provides education services to colleges and universities in the United States. Grand Canyon Education, Inc. was founded in 1949 and is based in Phoenix, Arizona. Grand Canyon operates under Education Training Services classification in the United States and is traded on NASDAQ Exchange. It employs 3650 people.

Grand Canyon Investors Sentiment

The influence of Grand Canyon's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Grand. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Grand Canyon Implied Volatility

    
  41.9  
Grand Canyon's implied volatility exposes the market's sentiment of Grand Canyon Educati stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Grand Canyon's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Grand Canyon stock will not fluctuate a lot when Grand Canyon's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Grand Canyon in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Grand Canyon's short interest history, or implied volatility extrapolated from Grand Canyon options trading.

Current Sentiment - LOPE

Grand Canyon Educati Investor Sentiment

Most of Macroaxis users are now bullish on Grand Canyon Educati. What is your judgment towards investing in Grand Canyon Educati? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Additionally, see the analysis of Grand Canyon Correlation against competitors. Note that the Grand Canyon Educati information on this page should be used as a complementary analysis to other Grand Canyon's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Grand Canyon Educati price analysis, check to measure Grand Canyon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grand Canyon is operating at the current time. Most of Grand Canyon's value examination focuses on studying past and present price action to predict the probability of Grand Canyon's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Grand Canyon's price. Additionally, you may evaluate how the addition of Grand Canyon to your portfolios can decrease your overall portfolio volatility.
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Is Grand Canyon's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grand Canyon. If investors know Grand will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grand Canyon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Grand Canyon Educati is measured differently than its book value, which is the value of Grand that is recorded on the company's balance sheet. Investors also form their own opinion of Grand Canyon's value that differs from its market value or its book value, called intrinsic value, which is Grand Canyon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grand Canyon's market value can be influenced by many factors that don't directly affect Grand Canyon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grand Canyon's value and its price as these two are different measures arrived at by different means. Investors typically determine Grand Canyon value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grand Canyon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.