Lincoln Educational Services Corporation
LINC · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Assets | – | – | – | – |
| Cash & Equivalents | $59,273 | $75,992 | $46,074 | $83,307 |
| Short-Term Investments | $0 | $0 | $14,758 | $0 |
| Receivables | $42,983 | $35,692 | $37,175 | $26,159 |
| Inventory | $3,053 | $2,948 | $2,618 | $2,721 |
| Other Curr. Assets | $5,943 | $20,031 | $13,510 | $9,440 |
| Total Curr. Assets | $111,252 | $134,663 | $114,135 | $121,627 |
| Property Plant & Equip (Net) | $266,312 | $156,577 | $117,037 | $114,606 |
| Goodwill | $10,742 | $10,742 | $14,536 | $14,536 |
| Intangibles | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $17,504 | $22,734 | $0 |
| Tax Assets | $25,359 | $23,217 | $22,312 | $23,708 |
| Other NC Assets | $22,891 | $2,546 | $812 | $20,822 |
| Total NC Assets | $325,304 | $210,586 | $177,431 | $173,672 |
| Other Assets | $0 | $0 | $0 | $0 |
| Total Assets | $436,556 | $345,249 | $291,566 | $295,299 |
| Liabilities | – | – | – | – |
| Payables | $37,026 | $18,152 | $10,496 | $12,297 |
| Short-Term Debt | $9,497 | $11,807 | $9,631 | $11,479 |
| Tax Payable | $2,772 | $2,832 | $3,867 | $2,749 |
| Deferred Revenue | $30,631 | $26,906 | $24,154 | $25,405 |
| Other Curr. Liab. | $10,286 | $13,713 | $6,872 | $13,952 |
| Total Curr. Liab. | $90,212 | $73,410 | $55,020 | $65,882 |
| LT Debt | $168,064 | $104,979 | $91,001 | $86,410 |
| Deferred Rev, NC | $0 | $0 | $0 | $0 |
| Deferred Tax Liab, NC | $0 | $0 | $0 | $0 |
| Other NC Liab. | $16 | $56 | $668 | $1,607 |
| Total NC Liab. | $168,080 | $105,035 | $91,669 | $88,017 |
| Other Liabilities | $0 | $0 | $0 | $0 |
| Cap. Leases | $177,561 | $116,786 | $100,632 | $97,889 |
| Total Liabilities | $258,292 | $178,445 | $146,689 | $153,899 |
| Equity | – | – | – | – |
| Pref Stock | $0 | $0 | $0 | $11,982 |
| Common Stock | $48,181 | $48,181 | $49,072 | $141,377 |
| Retained Earnings | $79,170 | $69,279 | $51,225 | $39,702 |
| AOCI | $274 | -$36 | -$960 | -$1,240 |
| Other Equity | $50,639 | $49,380 | $45,540 | -$50,421 |
| Total Equity | $178,264 | $166,804 | $144,877 | $141,400 |
| Supplemental Information | – | – | – | – |
| Minority Interest | $0 | $0 | $0 | $0 |
| Total Liab. & Tot. Equity | $436,556 | $345,249 | $291,566 | $295,299 |
| Net Debt | $118,288 | $40,794 | $54,558 | $14,582 |