Grand Canyon Education, Inc.
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $153.5M | $46.0M | $23.0M | $65.2M | $55.8M | $105.1M | $21.2M | $33.6M |
| Accounts Receivable | $10.9M | $9.5M | $8.3M | $7.6M | $7.2M | $8.0M | $11.8M | $18.0M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $374.9M | $230.1M | $214.9M | $267.0M | $263.7M | $214.2M | $115.4M | $133.1M |
| Property, Plant & Equipment | $922.3M | $855.5M | $667.5M | $478.2M | $339.6M | $269.2M | $189.9M | $124.0M |
| Goodwill | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M | $2.9M |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $1.30B | $1.09B | $892.0M | $755.7M | $616.1M | $494.9M | $317.8M | $275.1M |
| Liabilities | ||||||||
| Accounts Payable | $29.1M | $24.8M | $34.1M | $22.7M | $24.2M | $14.2M | $18.5M | $15.7M |
| Total Current Liabilities | $238.1M | $226.8M | $188.5M | $178.7M | $165.6M | $152.7M | $121.5M | $122.8M |
| Long-Term Debt | — | — | — | — | $93.1M | $99.7M | $21.6M | — |
| Total Liabilities | $317.6M | $318.8M | $281.7M | $279.5M | $271.3M | $260.9M | $154.6M | $147.6M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $854.2M | $650.9M | $502.4M | $371.0M | $259.5M | $170.8M | $101.4M | $50.8M |
| Total Stockholders' Equity | $986.0M | $773.7M | $610.3M | $476.2M | $344.8M | $234.1M | $163.3M | $127.5M |