Lincoln Educational Services (Lincoln Educational Services) Debt-to-Equity : 0.70 (As of Dec. 2023)

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What is Lincoln Educational Services Debt-to-Equity?

Lincoln Educational Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11.8 Mil. Lincoln Educational Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $105.0 Mil. Lincoln Educational Services's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $166.8 Mil. Lincoln Educational Services's debt to equity for the quarter that ended in Dec. 2023 was 0.70.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Lincoln Educational Services's Debt-to-Equity or its related term are showing as below:

LINC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.69 Med: 0.76 Max: 1.62
Current: 0.7

During the past 13 years, the highest Debt-to-Equity Ratio of Lincoln Educational Services was 1.62. The lowest was 0.69. And the median was 0.76.

LINC's Debt-to-Equity is ranked worse than
65.33% of 225 companies
in the Education industry
Industry Median: 0.34 vs LINC: 0.70

Lincoln Educational Services Debt-to-Equity Historical Data

The historical data trend for Lincoln Educational Services's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lincoln Educational Services Debt-to-Equity Chart

Lincoln Educational Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.62

0.76

0.69

0.70

Lincoln Educational Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.70	0.74	0.64	0.65	0.70

Competitive Comparison of Lincoln Educational Services's Debt-to-Equity

For the Education & Training Services subindustry, Lincoln Educational Services's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Lincoln Educational Services's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Lincoln Educational Services's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lincoln Educational Services's Debt-to-Equity falls into.

Lincoln Educational Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lincoln Educational Services's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(11.807	+	104.979)	/	166.804
	=	0.70

Lincoln Educational Services's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(11.807	+	104.979)	/	166.804
	=	0.70

Lincoln Educational Services (NAS:LINC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Lincoln Educational Services Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Lincoln Educational Services's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Lincoln Educational Services (Lincoln Educational Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Lincoln Educational Services Corp (NAS:LINC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

K1L:Germany

Address

14 Sylvan Way, Suite A, Parsippany, NJ, USA, 07054

Website

https://www.lincolntech.edu

Lincoln Educational Services Corp provides diversified career-oriented post-secondary education to high school graduates and working adults. The company offers programs in automotive technology, skilled trades, healthcare services, hospitality services and business and information technology. Its business is organized into three reportable business segments: Transportation and Skilled Trades, Healthcare and Other Professions (HOPS), and Transitional. It derives most of the revenue from the Transportation and Skilled Trades segment which offers academic programs mainly in the career-oriented disciplines of transportation and skilled trades such as automotive, diesel, HVAC, welding, and manufacturing.

Executives

Burke James J Jr	director	C/O ANNTAYLOR STORES CORP, 7 TIMES SQUARE, 15TH FLOOR, NEW YORK NY 10036
J Barry Morrow	director	COLLEGIATE FUNDING SERVICES, 100 RIVERSIDE PARKWAY, FREDERICKSBURG VA 22406
Juniper Investment Company, Llc	10 percent owner	555 MADISON AVENUE, 24TH FLOOR, NEW YORK NY 10022-3315
Ronald Edward Harbour	director	C/O SPARTAN MOTORS INC, 1541 REYNOLDS ROAD, CHARLOTTE MI 48813
Brian K Meyers	officer: CFO and Treasurer	C/O LINCOLN EDUCATIONAL SERVICES CORPORA, 200 EXECUTIVE DR., STE. 340, WEST ORANGE NJ 07052
Kevin M Carney	director	12735 GRAN BAY PARKWAY WEST, BUILDING 200, JACKSONVILLE FL 32258
Scott M Shaw	officer: Executive Vice President	C/O LINCOLN EDUCATIONAL SERVICES CORP, 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Chad D Nyce	officer: Chief Innovation Officer	C/O LINCOLN EDUCATIONAL SERVICES CORPORA, 200 EXECUTIVE DR., STE 340, WEST ORANGE NJ 07052
Sylvia Jean Young	director	C/O LINCOLN EDUCATIONAL SERVICES CORPORA, 14 SYLVAN WAY, STE. A, PARSIPPANY NJ 07054
Juniper Targeted Opportunity Fund, L.p.	10 percent owner	555 MADISON AVENUE, 24TH FLOOR, NEW YORK NY 10022
Felecia J. Pryor	director	3850 W. HAMLIN ROAD, AUBURN HILLS MI 48326
Michael A Plater	director	C/O LINCOLN EDUCATIONAL SERVICES CORP., 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Carlton Rose	director	C/O LINCOLN EDUCATIONAL SERVICES CORPORA, 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Stephen M Buchenot	officer: Group VP of Operations	C/O LINCOLN EDUCATIONAL SERVICES CORP., 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Celia Currin	director	C/O LINCOLN EDUCATIONAL SERVICES CORP, 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052