Name: Lincoln Educational Services Corporation (LINC) Balance Sheet
Creator: FinSpry

Lincoln Educational Services Balance Sheet Analysis

Assets, liabilities, and stockholders equity in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Lincoln Educational Services Corporation (LINC) - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Current Assets
Cash and Cash Equivalents	59.27	75.99	46.07	83.31	38.03	23.64	17.57
Short-Term Investments	0.00	0.00	14.76	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	59.27	75.99	60.83	83.31	38.03	23.64	17.57
Accounts Receivable	42.98	35.69	37.18	26.16	30.02	20.65	18.68
Inventory	3.05	2.95	2.62	2.72	2.39	1.61	1.45
Other Current Assets	5.94	10.20	4.74	4.88	3.72	0.00	0.00
Total Current Assets	111.25	134.66	114.14	121.63	74.16	50.48	57.11
Non-Current Assets
Property, Plant & Equipment (Net)	266.31	156.58	117.04	114.61	103.58	98.41	49.29
Goodwill	10.74	10.74	14.54	14.54	14.54	0.00	0.00
Other Non-Current Assets	22.89	1.79	23.55	0.79	17.20	16.00	12.50
Total Non-Current Assets	325.30	210.59	177.43	173.67	171.03	144.29	88.93
Total Assets	436.56	345.25	291.57	295.30	245.19	194.76	146.04
Current Liabilities
Accounts Payable	37.03	34.66	10.50	12.30	15.68	22.45	20.38
Short-Term Debt	9.50	0.00	0.00	0.00	2.00	0.00	0.00
Current Portion of Long-Term Debt	0.00	0.00	0.00	0.00	2.00	0.00	0.00
Accrued Liabilities	2.77	13.68	8.65	2.28	16.69	0.00	0.00
Deferred Revenue	30.63	26.91	24.15	25.41	0.00	0.00	0.00
Other Current Liabilities	10.29	0.03	0.03	0.02	23.48	0.20	2.32
Total Current Liabilities	90.21	73.41	55.02	65.88	66.84	57.21	64.58
Non-Current Liabilities
Long-Term Debt	168.06	104.98	91.00	86.41	15.91	78.05	33.77
Other Non-Current Liabilities	0.02	0.06	0.00	0.00	2.43	0.21	0.14
Total Non-Current Liabilities	168.08	105.04	91.67	88.02	87.28	94.41	41.59
Total Liabilities	258.29	178.45	146.69	153.90	142.14	139.63	106.17
Stockholders' Equity
Common Stock	48.18	48.18	49.07	141.38	141.38	0.00	0.00
Retained Earnings	79.17	69.24	51.23	39.70	6.20	-42.06	-44.07
Accumulated Other Comprehensive Income	0.27	-0.04	-0.96	-1.24	-4.17	-3.46	-4.06
Treasury Stock	0.00	0.00	0.00	82.86	-82.86	-82.86	-82.86
Additional Paid-in Capital	50.64	49.38	45.54	32.44	30.51	30.15	29.48
Shares Outstanding	31.46	31.36	31.15	27.00	0.00	0.00	0.00
Total Stockholders' Equity	178.26	166.80	144.88	141.40	103.05	43.15	39.87
Total Liabilities & Equity	436.56	345.25	291.57	295.30	245.19	194.76	146.04