Can Grand Canyon Education cover its short-term obligations?

Its current ratio is 2.75 — current assets exceed current liabilities.

Where does Grand Canyon Education's balance sheet data come from?

Every line is extracted from Grand Canyon Education'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.

Grand Canyon Education LOPE Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$96.15M-33.5%	$111.76M-65.6%	$97.28M-63.1%	$192.28M-20.3%	$144.51M-26.3%
Short-term investments	$155.56M-2.9%	$188.32M—	$179.69M—	$181.62M+80.7%	$160.14M+69.5%
Accounts receivable, net	$113.25M-2.1%	$84.28M+1.6%	$122.04M+4.9%	$27.7M-6.0%	$115.7M+3.6%
Prepaid expenses and other current assets	$14.79M-8.0%	$13.43M+12.7%	$12.3M+6.2%	$14.22M+8.9%	$16.09M-2.6%
Income taxes receivable	$231K—	$2.39M+388%	$22.68M+1,147%	$6.67M+21.1%	——
Total current assets	$379.98M-12.9%	$400.18M-4.7%	$433.99M+10.3%	$422.48M+8.4%	$436.44M-1.8%
Property and equipment, net	$179.66M+1.1%	$178.96M+1.2%	$180.01M+2.1%	$179.38M+3.2%	$177.76M+3.2%
Operating lease right-of-use assets	$93.5M-2.7%	$96.57M-3.0%	$99.87M+1.0%	$98.48M-3.4%	$96.06M+6.6%
Goodwill	$160.77M0.0%	$160.77M0.0%	$160.77M0.0%	$160.77M0.0%	$160.77M0.0%
Intangible assets, net	$149.44M-5.3%	$151.54M-5.3%	$153.65M-5.2%	$155.75M-5.1%	$157.86M-5.1%
Deferred tax assets	$42.78M+47.6%	$41.43M+56.2%	$40.2M+53.8%	$28.24M+4.6%	$28.97M+1.8%
Other non-current assets	$4.56M+77.4%	$4.29M+216%	$4.5M+175%	$4.15M+87.7%	$2.57M+46.6%
Total assets	$967.89M-6.2%	$992.31M-2.6%	$1.03B+4.0%	$1.02B+2.9%	$1.03B-0.4%
Accounts payable	$29.26M+21.5%	$24.35M-8.9%	$19.28M-31.3%	$24.35M+8.4%	$24.08M-19.3%
Accrued expenses	$25.57M+10.0%	$35.2M+6.1%	$28.77M+10.0%	$32.79M-2.9%	$23.25M-6.2%
Deferred revenue	$9.87M+8.7%	——	$3.8M-40.8%	$14.15M+96.1%	$9.08M-11.6%
Operating lease liabilities, current	$15.05M+14.5%	$14.57M+13.1%	$14.2M+14.9%	$13.58M+13.3%	$13.15M+16.0%
Income taxes payable	$20.79M-13.6%	$3.36M-60.8%	$144K+11.6%	$112K+19.1%	$24.08M-8.5%
Total current liabilities	$138.42M+8.0%	$109.75M-1.1%	$136.74M+28.3%	$118.99M+10.7%	$128.2M-19.9%
Operating lease liabilities, non-current	$89.13M-3.3%	$92.76M-3.0%	$96.32M+1.8%	$94.26M-3.3%	$92.17M+7.2%
Operating Lease Liabilities (Total)	$104.18M-1.1%	$107.32M-1.1%	$110.53M+3.3%	$107.83M-1.5%	$105.31M+8.2%
Other non-current liabilities	$1.38M-1.0%	$1.44M-0.3%	$1.49M+0.1%	$1.55M+0.8%	$1.4M-11.7%
Total liabilities	$271.7M+8.4%	$245.37M+4.6%	$274.75M+20.1%	$243.03M+4.1%	$250.74M-9.2%
Common stock	$543K+0.2%	$542K+0.2%	$542K+0.2%	$542K+0.2%	$542K+0.2%
Additional paid-in capital	$353.97M+4.0%	$350.37M+4.1%	$347.15M+4.1%	$343.85M+4.2%	$340.37M+4.4%
Retained earnings	$2.76B+8.6%	$2.69B+8.7%	$2.6B+8.8%	$2.58B+10.1%	$2.54B+9.9%
Accumulated other comprehensive income (loss)	-$185K-2,543%	$511K—	$551K—	$165K+231%	-$7K+93.8%
Treasury stock	$2.42B+15.1%	$2.29B+13.2%	$2.19B+11.8%	$2.15B+12.1%	$2.1B+11.9%
Total stockholders' equity	$696.19M-10.8%	$746.93M-4.7%	$758.04M-0.8%	$777.98M+2.5%	$780.7M+2.8%
Total liabilities and stockholders' equity	$967.89M-6.2%	$992.31M-2.6%	$1.03B+4.0%	$1.02B+2.9%	$1.03B-0.4%
Available For Sale Securities Debt Securities Current	$155.56M-2.9%	$188.32M—	$179.69M—	$181.62M+80.7%	$160.14M+69.5%
Other current assets	$14.79M-8.0%	$13.43M+12.7%	$12.3M+6.2%	$14.22M+8.9%	$16.09M-2.6%
Deferred Tax Assets and Other Non-Current Assets	$4.56M+77.4%	$4.29M+216%	$4.5M+175%	$4.15M+87.7%	$2.57M+46.6%
Net Investment in Lease	$93.5M-2.7%	$96.57M-3.0%	$99.87M+1.0%	$98.48M-3.4%	$96.06M+6.6%
Other intangible assets—net	$149.44M-5.3%	$151.54M-5.3%	$153.65M-5.2%	$155.75M-5.1%	$157.86M-5.1%
Operating lease right-of-use assets	$93.5M-2.7%	$96.57M-3.0%	$99.87M+1.0%	$98.48M-3.4%	$96.06M+6.6%
Other non-current assets	$4.56M+77.4%	$4.29M+216%	$4.5M+175%	$4.15M+87.7%	$2.57M+46.6%
Operating Lease Right-of-Use Assets in Other Assets	$93.5M-2.7%	$96.57M-3.0%	$99.87M+1.0%	$98.48M-3.4%	$96.06M+6.6%
Software and Technology Licenses, Net	$4.56M+77.4%	$4.29M+216%	$4.5M+175%	$4.15M+87.7%	$2.57M+46.6%
Accrued Manufacturing Costs	$25.57M+10.0%	$35.2M+6.1%	$28.77M+10.0%	$32.79M-2.9%	$23.25M-6.2%
Other Commercial Liabilities	$37.87M+9.5%	$32.28M+9.0%	$70.54M+111%	$34.01M+6.5%	$34.57M-40.0%
Accrued Income Taxes, Current	$20.79M-13.6%	$3.36M-60.8%	$144K+11.6%	$112K+19.1%	$24.08M-8.5%
Accrued Liabilities, Current	$37.87M+9.5%	$32.28M+9.0%	$70.54M+111%	$34.01M+6.5%	$34.57M-40.0%
Compensation and benefits	$25.57M+10.0%	$35.2M+6.1%	$28.77M+10.0%	$32.79M-2.9%	$23.25M-6.2%
Total debt	$104.18M-1.1%	$107.32M-1.1%	$110.53M+3.3%	$107.83M-1.5%	$105.31M+8.2%
Additional paid-in capital	$353.97M+4.0%	$350.37M+4.1%	$347.15M+4.1%	$343.85M+4.2%	$340.37M+4.4%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$543K+0.2%	$542K+0.2%	$542K+0.2%	$542K+0.2%	$542K+0.2%
Deferred income taxes	$42.78M+47.6%	$41.43M+56.2%	$40.2M+53.8%	$28.24M+4.6%	$28.97M+1.8%
Tax receivable within other current assets	$231K—	$2.39M+388%	$22.68M+1,147%	$6.67M+21.1%	——

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Questions, answered.

Can Grand Canyon Education cover its short-term obligations?: Its current ratio is 2.75 — current assets exceed current liabilities.
Where does Grand Canyon Education's balance sheet data come from?: Every line is extracted from Grand Canyon Education'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.