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Grand Canyon Education (Grand Canyon Education) Net Cash per Share : $1.07 (As of Dec. 2023)


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What is Grand Canyon Education Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Grand Canyon Education's Net Cash per Share for the quarter that ended in Dec. 2023 was $1.07.

The historical rank and industry rank for Grand Canyon Education's Net Cash per Share or its related term are showing as below:

LOPE' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 7.64   Med: 58.62   Max: 124.61
Current: 123.58

During the past 13 years, the highest Price-to-Net-Cash Ratio of Grand Canyon Education was 124.61. The lowest was 7.64. And the median was 58.62.

LOPE's Price-to-Net-Cash is ranked worse than
92.19% of 64 companies
in the Education industry
Industry Median: 5.895 vs LOPE: 123.58

Grand Canyon Education Net Cash per Share Historical Data

The historical data trend for Grand Canyon Education's Net Cash per Share 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.

Grand Canyon Education Net Cash per Share Chart

Grand Canyon Education Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.14 -0.29 11.22 -0.43 1.07

Grand Canyon Education Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.43 -0.66 1.07 -1.93 1.07

Competitive Comparison of Grand Canyon Education's Net Cash per Share

For the Education & Training Services subindustry, Grand Canyon Education's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


Grand Canyon Education's Price-to-Net-Cash Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Grand Canyon Education's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Grand Canyon Education's Price-to-Net-Cash falls into.



Grand Canyon Education Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Grand Canyon Education's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(244.506-212.449-0)/29.953
=1.07

Grand Canyon Education's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(244.506-212.449-0)/29.953
=1.07

* 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.


Grand Canyon Education  (NAS:LOPE) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Grand Canyon Education Net Cash per Share Related Terms

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Grand Canyon Education (Grand Canyon Education) Business Description

Traded in Other Exchanges
Address
2600 West Camelback Road, Phoenix, AZ, USA, 85017
Grand Canyon Education, Inc is a publicly traded education services company dedicated to serving colleges and universities. GCE's most significant university partner is Grand Canyon University, an Arizona non-profit corporation that operates a comprehensive regionally accredited university that offers graduate and undergraduate degree programs, emphases and certificates across nine colleges both online, on ground at its campus in Phoenix, Arizona and at four off-site classroom and laboratory sites. The Company generates all of its revenue through services agreements with its university partners.
Executives
Jack A Henry director C/O SIERRA BLANCA VENTURES, 1211 E. MISSOURI AVENUE, SUITE 222, PHOENIX AZ 85014
Lisa Graham Keegan director 2600 W. CAMELBACK ROAD, PHOENIX AZ 85017
Lori Browning officer: Chief Accounting Officer 2600 W. CAMELBACK ROAD, PHOENIX AZ 85017
Kathy J. Claypatch officer: Chief Information Officer 2600 W. CAMELBACK ROAD, PHOENIX AZ 85017
Sara R. Dial director 3300 W. CAMELBACK ROAD, SCOTTSDALE AZ 85017
David Adame director 2600 W. CAMELBACK ROAD, PHOENIX AZ 85017
Brian E Mueller officer: Chief Executive Officer 3300 W. CAMELBACK ROAD, PHOENIX AZ 85017
William Stan Meyer officer: Executive Vice President 3300 W. CAMELBACK ROAD, PHOENIX AZ 85017
Joseph N Mildenhall officer: Chief Information Officer 3300 W. CAMELBACK AVENUE, PHOENIX AZ 85017
Daniel E Bachus officer: Chief Financial Officer 3300 W. CAMELBACK ROAD, PHOENIX AZ 85017
Dilek Marsh officer: Chief Data Officer 2600 W. CAMELBACK ROAD, PHOENIX AZ 85017
Daniel J. Briggs officer: Orbis Education, CEO 2600 WEST CAMELBACK ROAD, PHOENIX AZ 85017
Chevy Humphrey director 2600 W. CAMELBACK ROAD, PHOENIX AZ 85017
Brian M Roberts officer: General Counsel 18835 N. THOMPSON PEAK PARKWAY, SUITE 300 & 380, SCOTTSDALE AZ 85255
Brent D. Richardson director, 10 percent owner, officer: Executive Chairman 3300 W. CAMELBACK ROAD, PHOENIX AZ 85017