Lincoln Educational Services Corp financial data

Symbol
LINC on Nasdaq
Industry
Services-Educational Services
Location
14 Sylvan Way, Suite A, Parsippany, NJ
State of incorporation
NJ
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 178 % -11%
Quick Ratio 3.81 % -13.4%
Debt-to-equity 121 % +17.6%
Return On Equity 5.91 % -68.5%
Return On Assets 2.68 % -71.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 31.5M shares +0.38%
Common Stock, Shares, Outstanding 31.5M shares +0.38%
Entity Public Float 185M USD +22.9%
Weighted Average Number of Shares Outstanding, Basic 30.7M shares +1.72%
Weighted Average Number of Shares Outstanding, Diluted 31M shares +1.12%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 423M USD +15.2%
Costs and Expenses 410M USD +23.6%
Operating Income (Loss) 13.2M USD -63%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 13.6M USD -64.1%
Income Tax Expense (Benefit) 3.73M USD -62.9%
Net Income (Loss) Attributable to Parent 9.85M USD -64.5%
Earnings Per Share, Basic 0.32 USD/shares -64.4%
Earnings Per Share, Diluted 0.31 USD/shares -65.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 54M USD +29.4%
Accounts Receivable, after Allowance for Credit Loss, Current 53.1M USD +31.9%
Inventory, Net 2.71M USD -7.63%
Assets, Current 115M USD -11.7%
Deferred Income Tax Assets, Net 22.8M USD -9.71%
Property, Plant and Equipment, Net 75.5M USD +96.6%
Operating Lease, Right-of-Use Asset 130M USD +39.8%
Goodwill 10.7M USD 0%
Other Assets, Noncurrent 1.37M USD +15.8%
Assets 404M USD +27.9%
Accounts Payable, Current 27.9M USD +58.4%
Accrued Liabilities, Current 12.3M USD -3.05%
Contract with Customer, Liability, Current 23M USD +5.2%
Liabilities, Current 73.5M USD +11.1%
Operating Lease, Liability, Noncurrent 131M USD +42.8%
Other Liabilities, Noncurrent 0 USD
Liabilities 234M USD +47.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -36K USD +96.5%
Retained Earnings (Accumulated Deficit) 72.3M USD +15.8%
Stockholders' Equity Attributable to Parent 170M USD +8.14%
Liabilities and Equity 404M USD +27.9%

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 31.5M shares +0.38%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 54M USD +17.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 34K USD -63.8%
Operating Lease, Liability 142M USD +37.7%
Payments to Acquire Property, Plant, and Equipment 1.68M USD -48.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 10.9M USD -61.3%
Lessee, Operating Lease, Liability, to be Paid 214M USD +49.4%
Property, Plant and Equipment, Gross 191M USD +12.2%
Operating Lease, Liability, Current 10.3M USD -5.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 17.6M USD +5.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 19.4M USD +7.46%
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 72.4M USD +79.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 17.1M USD +18.8%
Deferred Tax Assets, Operating Loss Carryforwards 1.04M USD -46.9%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 18M USD +56.6%
Operating Lease, Payments 17.4M USD +2.84%
Additional Paid in Capital 49.5M USD +4.09%
Depreciation, Depletion and Amortization 2.6M USD +107%
Deferred Tax Assets, Net of Valuation Allowance 23.2M USD +4.06%
Interest Expense 2.17M USD +1705%