Lincoln Educational Services Corp financial data

Symbol
LINC on Nasdaq
Industry
Services-Educational Services
Location
14 Sylvan Way, Suite A, Parsippany, New Jersey
State of incorporation
New Jersey
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 195 % -0.28%
Quick Ratio 4.05 % -16.5%
Debt-to-equity 106 % -4.25%
Return On Equity 16.1 % +75.1%
Return On Assets 7.8 % +83%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 31.8M shares +0.78%
Common Stock, Shares, Outstanding 31.4M shares +0.14%
Entity Public Float 185M USD +22.9%
Weighted Average Number of Shares Outstanding, Basic 30.3M shares +0.88%
Weighted Average Number of Shares Outstanding, Diluted 30.3M shares +0.88%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 394M USD +11.7%
Costs and Expenses 360M USD +6.7%
Operating Income (Loss) 34M USD +120%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 36M USD +123%
Income Tax Expense (Benefit) 10.1M USD +160%
Net Income (Loss) Attributable to Parent 25.9M USD +111%
Earnings Per Share, Basic 0.85 USD/shares +136%
Earnings Per Share, Diluted 0.84 USD/shares +133%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 68.6M USD +70.2%
Accounts Receivable, after Allowance for Credit Loss, Current 40.5M USD +16.1%
Inventory, Net 2.42M USD -8.23%
Assets, Current 119M USD +10.4%
Deferred Income Tax Assets, Net 22.8M USD -9.58%
Property, Plant and Equipment, Net 52M USD +98.9%
Operating Lease, Right-of-Use Asset 103M USD +11.6%
Goodwill 10.7M USD -26.1%
Other Assets, Noncurrent 1.44M USD +72.4%
Assets 355M USD +26.4%
Accounts Payable, Current 14.3M USD +10.3%
Accrued Liabilities, Current 9.21M USD +2.22%
Contract with Customer, Liability, Current 22.3M USD +6.13%
Liabilities, Current 59.9M USD +9.73%
Operating Lease, Liability, Noncurrent 102M USD +12.5%
Other Liabilities, Noncurrent 52K USD
Liabilities 191M USD +30.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -36K USD +96.4%
Retained Earnings (Accumulated Deficit) 69.1M USD +60%
Stockholders' Equity Attributable to Parent 164M USD +21.6%
Liabilities and Equity 355M USD +26.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -14.9M USD -6879%
Net Cash Provided by (Used in) Financing Activities -3.59M USD -53.9%
Net Cash Provided by (Used in) Investing Activities 8.03M USD
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 31.4M shares +0.14%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 69.8M USD +56.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 34K USD -63.8%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 114M USD +13.1%
Depreciation 6.8M USD +6.25%
Payments to Acquire Property, Plant, and Equipment 1.68M USD -48.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 26.9M USD +115%
Lessee, Operating Lease, Liability, to be Paid 168M USD +20.1%
Property, Plant and Equipment, Gross 191M USD +12.2%
Operating Lease, Liability, Current 11.8M USD +17.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 15.6M USD -0.86%
Lessee, Operating Lease, Liability, to be Paid, Year One 18.1M USD +4.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) 421K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 54.2M USD +38.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 12.7M USD -4.9%
Deferred Tax Assets, Operating Loss Carryforwards 1.04M USD -46.9%
Deferred Federal Income Tax Expense (Benefit) 989K USD +28.9%
Current Income Tax Expense (Benefit) 8.01M USD +219%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 12.5M USD +24.5%
Operating Lease, Payments 16.7M USD -5.8%
Additional Paid in Capital 47.3M USD +6.08%
Current State and Local Tax Expense (Benefit) 2.19M USD +239%
Current Federal Tax Expense (Benefit) 5.83M USD +213%
Depreciation, Depletion and Amortization 2.6M USD +107%
Deferred Tax Assets, Net of Valuation Allowance 23.2M USD +4.06%
Deferred State and Local Income Tax Expense (Benefit) 643K USD +22%
Interest Expense 889K USD +526%