Grand Canyon Education (Grand Canyon Education) Short-Term Debt & Capital Lease Obligation : $11.0 Mil (As of Dec. 2023)

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What is Grand Canyon Education Short-Term Debt & Capital Lease Obligation?

Short-Term Debt & Capital Lease Obligation is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt. Grand Canyon Education's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11.0 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Grand Canyon Education's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $88.3 Mil.

Grand Canyon Education Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Grand Canyon Education's Short-Term Debt & Capital Lease Obligation 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.

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Grand Canyon Education Short-Term Debt & Capital Lease Obligation Chart

Grand Canyon Education Annual Data

Trend

Dec14

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Dec18

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Dec23

Short-Term Debt & Capital Lease Obligation

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36.23

40.54

7.43

8.65

11.02

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
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial															8.65	8.82	9.34	10.52	11.02

Grand Canyon Education Short-Term Debt & Capital Lease Obligation Calculation

This is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt.

In the notes to balance sheet in annual (10-K) or quarterly (10-Q) reports, companies usually break down the details of the debt, their due dates, the interest rates etc.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Grand Canyon Education Short-Term Debt & Capital Lease Obligation Related Terms

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Grand Canyon Education (Grand Canyon Education) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Grand Canyon Education Inc (NAS:LOPE) » Definitions » Short-Term Debt & Capital Lease Obligation

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GKD:Germany

Address

2600 West Camelback Road, Phoenix, AZ, USA, 85017

Website

https://www.gcu.edu

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