What are Lincoln Educational Services Corporation's total assets?

Lincoln Educational Services Corporation (LINC) holds $486.7M in total assets, up 13.9% year over year.

How much debt does Lincoln Educational Services Corporation have?

Lincoln Educational Services Corporation carries $207.0M in total debt against $198.8M of shareholders' equity, a debt-to-equity ratio of 1.04.

How much cash does Lincoln Educational Services Corporation have?

Lincoln Educational Services Corporation holds $16.7M in cash and equivalents.

Can Lincoln Educational Services Corporation cover its short-term obligations?

Its current ratio is 0.83 — current liabilities exceed current assets.

Where does Lincoln Educational Services Corporation's balance sheet data come from?

Every line is extracted from Lincoln Educational Services Corporation's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Lincoln Educational Services Corporation LINC Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Cash and cash equivalents	$28.52M-51.9%	$59.27M-26.2%	$80.27M+59.6%	$50.29M-39.6%
Accounts receivable, net	$36.93M-14.1%	$42.98M+20.4%	$35.69M-4.0%	$37.18M+42.1%
Inventories	$3.99M+30.6%	$3.05M+3.6%	$2.95M+12.6%	$2.62M-3.8%
Prepaid expenses and other current assets	$7.87M+95.3%	$4.03M-27.4%	$5.56M+17.3%	$4.74M-2.9%
Income taxes receivable	$1.6M—	$0—	——	——
Total current assets	$87.03M-21.8%	$111.25M-17.4%	$134.66M+18.0%	$114.14M-6.2%
Property and equipment, net	$171.6M+65.7%	$103.53M+104%	$50.86M+112%	$23.94M+3.6%
Accumulated depreciation	$148.07M+4.8%	$141.27M+0.8%	$140.16M-4.2%	$146.37M-4.5%
Operating lease right-of-use assets	6.6%0.0%	6.6%-8,992,299,993%	8,992,300,000%-317,400,000%	9,309,700,000%+161,000,000%
Goodwill	$10.74M0.0%	$10.74M0.0%	$10.74M-26.1%	$14.54M0.0%
Deferred tax assets	$21.67M+2,470%	$843K-96.4%	$23.22M+4.1%	$22.31M-5.9%
Other non-current assets	$1.27M-18.2%	$1.55M+105%	$759K—	$0-100%
Total noncurrent assets	$234.53M+5.8%	$221.77M+38.8%	$159.73M+4.1%	$153.49M+2.0%
Total assets	$493.16M+13.0%	$436.56M+26.4%	$345.25M+18.4%	$291.57M-1.3%
Accounts payable	$27.02M-27.0%	$37.03M+104%	$18.15M+72.9%	$10.5M-14.6%
Accrued expenses	$3.45M+24.4%	$2.77M+8,297%	$33K+6.5%	$31K+107%
Accrued compensation	$12.87M+71.2%	$7.52M—	——	——
Deferred revenue	$44.16M+44.2%	$30.63M+13.8%	$26.91M+11.4%	$24.15M-4.9%
Current portion of long-term debt	$463K—	$0-100%	$70K—	$0—
Operating lease liabilities, current	$10.63M+12.0%	$9.5M-19.1%	$11.74M+21.9%	$9.63M-16.1%
Finance Lease Liability, Current	$463K—	$0-100%	$70K—	$0—
Income taxes payable	$1.3M-61.4%	$3.36M-75.2%	$13.53M+385%	$2.79M+92.0%
Total current liabilities	$100.71M+11.6%	$90.21M+22.9%	$73.41M+33.4%	$55.02M-16.5%
Long-term debt	$0—	$0—	——	——
Operating lease liabilities, non-current	$162.11M+16.8%	$138.8M+56.2%	$88.85M-2.4%	$91M+5.3%
Finance Lease Liabilities (Total)	$31.12M+6.3%	$29.26M+80.7%	$16.2M—	——
Operating Lease Liabilities (Total)	$172.75M+16.5%	$148.3M+47.4%	$100.59M0.0%	$100.63M+2.8%
Finance lease liabilities	$30.65M+4.8%	$29.26M+81.5%	$16.13M—	$0—
Total liabilities	$293.48M+13.6%	$258.29M+44.7%	$178.45M+21.6%	$146.69M-4.7%
Common stock	$48.18M0.0%	$48.18M0.0%	$48.18M-1.8%	$49.07M-65.3%
Additional paid-in capital	$52.34M+3.4%	$50.64M+2.5%	$49.38M+8.4%	$45.54M+40.4%
Retained earnings	$99.17M+25.3%	$79.17M+14.3%	$69.28M+35.2%	$51.23M+29.0%
Total stockholders' equity	$199.69M+12.0%	$178.26M+6.9%	$166.8M+15.1%	$144.88M+11.9%
Total liabilities and stockholders' equity	$493.16M+13.0%	$436.56M+26.4%	$345.25M+18.4%	$291.57M-1.3%
Allowance for Doubtful Accounts	$43.98M+3.2%	$42.62M+23.7%	$34.44M+20.6%	$28.56M+6.4%
Allowance for Doubtful Accounts Receivable (Current)	$43.98M+3.2%	$42.62M+23.7%	$34.44M+20.6%	$28.56M+6.4%
Tenant Allowance Receivable Current	$8.13M+967%	$762K—	——	——
Accumulated Goodwill Impairment Losses	$106.43M0.0%	$106.43M0.0%	$106.43M+3.7%	$102.64M0.0%
Deferred Tax Assets and Other Non-Current Assets	$1.27M-8.4%	$1.39M-22.4%	$1.79M+120%	$812K+2.3%
Long-term receivables, net	$21.25M+8.3%	$19.63M+12.1%	$17.5M-23.0%	$22.73M+13.5%
Net Investment in Lease	$154.22M+13.4%	$136.03M+51.3%	$89.92M-3.4%	$93.1M+1.8%
Deferred tax assets	$21.67M-14.6%	$25.36M+9.2%	$23.22M+4.1%	$22.31M-5.9%
Operating lease right-of-use assets	$154.22M+13.4%	$136.03M+51.3%	$89.92M-3.4%	$93.1M+1.8%
Other non-current assets	$1.27M-8.4%	$1.39M-22.4%	$1.79M+120%	$812K+2.3%
Property, plant and equipment at cost	$319.67M+30.6%	$244.8M—	——	——
Non-current Accounts Receivable Allowances	$26.37M+14.9%	$22.96M+18.5%	$19.37M+184%	$6.81M+33.9%
Operating Lease Right-of-Use Assets in Other Assets	$154.22M+13.4%	$136.03M+51.3%	$89.92M-3.4%	$93.1M+1.8%
Software and Technology Licenses, Net	$1.27M-8.4%	$1.39M-22.4%	$1.79M+120%	$812K+2.3%
Other Commercial Liabilities	$18.43M+53.8%	$11.99M-12.4%	$13.68M+58.1%	$8.65M-44.8%
Accrued Liabilities, Current	$18.43M+53.8%	$11.99M-12.4%	$13.68M+58.1%	$8.65M-44.8%
Finance Lease Liability Payment Due	$55.31M—	——	——	——
Finance Lease Liability - Undiscounted Excess Amount	$24.19M—	——	——	——
Lease Liability Payments - 2020 (Remaining Three Months)	——	——	——	——
Lease Liability Payments - 2021	$2.82M—	——	——	——
Operating Lease Liability Payments - 2024 (Lessee)	$21.42M—	——	——	——
Operating Lease Liability Payments - 2025 (Lessee)	$20.62M—	——	——	——
Lease Liability Payments - Due Year Two	$2.92M—	——	——	——
Lease Liability Payments - Due Year Three	$22.31M—	——	——	——
Lease Liability Payments - Due Year Four	$20.62M—	——	——	——
Lease Liability Payments - Due Year Five	$3.24M—	——	——	——
Lease Liability Payments - Remainder of Fiscal Year	$21.2M—	——	——	——
Operating Lease Liability Payments Due	$261.13M—	——	——	——
Operating Lease Liability - Undiscounted Excess Amount	$88.38M—	——	——	——
Accrued Employee Benefits (Non-Current)	$1.85M+19.2%	$1.55M—	——	——
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$302K-6.5%	$323K—	$0—	——
Operating Lease Liability Payments - 2026 (Lessee)	$22.31M—	——	——	——
Operating Lease Liability Payments - 2027 (Lessee)	$17.92M—	——	——	——
Operating Lease Liability Payments - 2028 (Lessee)	$20.62M—	——	——	——
Operating Lease Liability Payments - 2029 (Lessee)	$17.92M—	——	——	——
Lease Liability Payments - Due After Year Five	$40.17M—	——	——	——
Operating Lease Liability Payments - Thereafter (Lessee)	$157.66M—	——	——	——
Accounts payable, accrued expenses, and other liabilities (includes VIE balances of $159 and $183)	$18.43M+53.8%	$11.99M—	——	——
Total debt	$204.33M+15.1%	$177.56M+51.9%	$116.86M+16.1%	$100.63M+2.8%
Unrecognized Tax Benefits	$0—	$0—	$0—	——
Common Stock Shares Issued	31.6M+0.5%	31.5M+0.3%	31.4M+0.7%	31.1M+15.4%
Cumulative Gross Losses and Impairments	$106.43M0.0%	$106.43M0.0%	$106.43M+3.7%	$102.64M0.0%
Share Repurchase Authorization Limit	$29.7M—	——	——	——
Share Repurchase Program - Amount Remaining	$29.7M—	——	——	——
Cumulative Cost Basis	$319.67M+30.6%	$244.8M—	——	——
Defined Benefit Plan Discount Rate	——	$0.05+12.5%	$0.05—	——
Defined Benefit Plan Weighted Average Asset Allocation	100%0.0%	100%—	——	——
Defined Benefit Plan Funded Status	$1.85M+19.2%	$1.55M—	——	——
Number of Countries of Operation	1,200%—	——	——	——
Long-term receivables	$127.61M+2.5%	$124.5M—	——	——
Accounts Receivable, Noncurrent, Originated, More than Five Years before Current Fiscal Year	$1.24M-11.4%	$1.4M—	——	——
2022	$2.13M+33.6%	$1.6M—	——	——
2026	$95.67M-0.8%	$96.46M—	——	——
2025	$16.45M+15.6%	$14.23M—	——	——
2023	$3.89M-2.7%	$4M—	——	——
2024	$8.22M+20.7%	$6.82M—	——	——
Accrued Rent Current And Noncurrent	$2.12M+24.4%	$1.7M—	——	——
Additional Stock Repurchase Program Authorized Amount	——	——	——	——
Accounts Receivable, Allowance for Credit Loss	$70.35M+7.3%	$65.57M+21.9%	$53.81M+52.1%	$35.37M—
Allowance for doubtful accounts	$43.98M+3.2%	$42.62M+23.7%	$34.44M+20.6%	$28.56M+6.4%
Other assets, allowances	$26.37M+14.9%	$22.96M+18.5%	$19.37M+184%	$6.81M+33.9%
Authorized Offering Amount Of Securities	——	$150M—	——	——
Cash FDIC Insured Amount	$250K—	——	——	——
Uninsured amount	$27.9M—	——	——	——
Common stock, no par value (in dollars per share)	$0.00—	$0.00—	$0.00—	$0.00—
Common stock, shares authorized (in shares)	$100M0.0%	$100M0.0%	$100M0.0%	$100M0.0%
Common stock, shares issued (in shares)	$31.62M+0.5%	$31.46M+0.3%	$31.36M+0.7%	$31.15M+15.4%
Common Stock, Shares, Outstanding	$31.62M+0.5%	$31.46M+0.3%	$31.36M+0.7%	$31.15M+15.4%
Deferred Tax Assets Finance Lease Right Of Use Assets	-$6.73M+6.0%	-$7.16M—	——	——
Deferred Tax Assets, Goodwill and Intangible Assets	-$605K-0.3%	-$603K—	——	——
Deferred Tax Assets Liabilities Tax Deferred Expense Compensation And Benefits Pensions	$0+100%	-$416K—	——	——
Deferred Tax Assets, Net of Valuation Allowance	$21.67M-14.6%	$25.36M—	——	——
Deferred Tax Assets Non Current Depreciation And Amortization	-$6.31M-301%	$3.14M—	——	——
Deferred Tax Assets Non Current Other Intangibles	$21K-8.7%	$23K—	——	——
Deferred Tax Assets Operating Lease Right Of Use Assets	$41.39M+12.2%	$36.9M—	——	——
Deferred Tax Assets, Operating Loss Carryforwards	$1.91M+137%	$807K—	——	——
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-Based Compensation Cost	$1.2M+42.1%	$843K—	——	——
Accrued expenses	$28K+7.7%	$26K—	——	——
Deferred Tax Liabilities Finance Obligation Liability	-$8.35M-6.6%	-$7.84M—	——	——
Deferred Tax Liabilities Operating Lease Liability	$46.31M+15.2%	$40.21M—	——	——
Defined Benefit Plan Assets For Plan Benefits Current	$1.85M—	$0—	——	——
Salary scale, pension benefit obligation	——	2.5%0.0%	2.5%—	——
Less: Fair value of plan assets at end of period	$1.85M-89.2%	$17.12M-1.5%	$17.38M—	——
Current maturities of long-term debt	$463K—	$0-100%	$70K—	$0—
Finance Lease Liability Payments Due	$55.31M—	——	——	——
Finance Lease Liability Payments Due After Year Five	$40.17M—	——	——	——
2027	$2.82M—	——	——	——
Finance Lease Liability Payments Due Year Five	$3.24M—	——	——	——
Finance Lease Liability Payments Due Year Four	$3.13M—	——	——	——
Finance Lease Liability Payments Due Year Three	$3.02M—	——	——	——
Finance Lease Liability Payments Due Year Two	$2.92M—	——	——	——
Finance Lease Liability Undiscounted Excess Amount	$24.19M—	——	——	——
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$25.08M-6.2%	$26.75M+69.3%	$15.8M—	$0—
Future Employment Contract Commitments	$20.3M—	——	——	——
Goodwill, Gross	$117.18M0.0%	$117.18M0.0%	$117.18M0.0%	$117.18M0.0%
Goodwill accumulated impairment losses	$106.43M0.0%	$106.43M0.0%	$106.43M+3.7%	$102.64M0.0%
Tax receivable within other current assets	$1.6M—	$0—	——	——
Lessee Operating Lease Liability Payments Due	$261.13M—	——	——	——
Lessee Operating Lease Liability Undiscounted Excess Amount	$88.38M—	——	——	——
Malpractice Loss Contingency Letters Of Credit And Surety Bonds	$20M—	——	——	——
Number Of Campuses	22—	——	——	——
Number Of New Campuses	2—	——	——	——
Number Of States In Which Entity Operates	$12—	——	——	——
Operating Lease Weighted Average Discount Rate Percent	$0.07+0.5%	$0.07—	——	——
Other Commitment	$53.3M—	——	——	——
Shares Issued Price Per Share	$5.95—	——	——	——
Share Repurchase Program, Authorized, Amount	——	——	——	——
Share Repurchase Program, Remaining Authorized, Amount	$29.7M—	——	——	——
Unrecognized tax benefits	$0—	$0—	$0—	——
Valuation Allowances And Reserves Balance	$70.35M+7.3%	$65.57M+21.9%	$53.81M+52.1%	$35.37M—
Purchase Obligation	$53.3M—	——	——	——
Remainder of Fiscal Year 2024	——	——	——	——
Weighted-Average Discount Rate	7.7%0.0%	7.7%—	——	——
Weighted-Average Discount Rate - Finance Leases	$0.08-0.3%	$0.08—	——	——

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Questions, answered.

What are Lincoln Educational Services Corporation's total assets?: Lincoln Educational Services Corporation (LINC) holds $486.7M in total assets, up 13.9% year over year.
How much debt does Lincoln Educational Services Corporation have?: Lincoln Educational Services Corporation carries $207.0M in total debt against $198.8M of shareholders' equity, a debt-to-equity ratio of 1.04.
How much cash does Lincoln Educational Services Corporation have?: Lincoln Educational Services Corporation holds $16.7M in cash and equivalents.
Can Lincoln Educational Services Corporation cover its short-term obligations?: Its current ratio is 0.83 — current liabilities exceed current assets.
Where does Lincoln Educational Services Corporation's balance sheet data come from?: Every line is extracted from Lincoln Educational Services Corporation's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.