Lincoln Educational Services Corp financial data

Symbol
LINC on Nasdaq
Industry
Services-Educational Services
Location
14 Sylvan Way, Suite A, Parsippany, NJ
State of incorporation
NJ
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Mar 4, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 160 % -17.6%
Quick Ratio 3.62 % -14%
Debt-to-equity 131 % +25.2%
Return On Equity 5.84 % -65.6%
Return On Assets 2.53 % -69.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 31.6M shares -0.52%
Common Stock, Shares, Outstanding 31.5M shares +0.33%
Entity Public Float 308M USD +66.4%
Weighted Average Number of Shares Outstanding, Basic 30.6M shares +1.58%
Weighted Average Number of Shares Outstanding, Diluted 30.9M shares +1.15%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 440M USD +16.4%
Costs and Expenses 425M USD +23.3%
Operating Income (Loss) 15.2M USD -54.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 14.7M USD -58.7%
Income Tax Expense (Benefit) 4.82M USD -50%
Net Income (Loss) Attributable to Parent 9.89M USD -62%
Earnings Per Share, Basic 0.32 USD/shares -62.8%
Earnings Per Share, Diluted 0.32 USD/shares -62.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 59.3M USD -22%
Accounts Receivable, after Allowance for Credit Loss, Current 43M USD +20.4%
Inventory, Net 3.05M USD +3.56%
Assets, Current 111M USD -17.4%
Deferred Income Tax Assets, Net 25.4M USD +9.23%
Property, Plant and Equipment, Net 104M USD +104%
Operating Lease, Right-of-Use Asset 136M USD +51.3%
Goodwill 10.7M USD 0%
Other Assets, Noncurrent 1.39M USD -22.4%
Assets 437M USD +26.4%
Accounts Payable, Current 37M USD +104%
Accrued Liabilities, Current 12M USD -12.4%
Contract with Customer, Liability, Current 30.6M USD +13.8%
Liabilities, Current 90.2M USD +22.9%
Operating Lease, Liability, Noncurrent 139M USD +56.2%
Other Liabilities, Noncurrent 16K USD -71.4%
Liabilities 258M USD +44.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax 274K USD
Retained Earnings (Accumulated Deficit) 79.2M USD +14.3%
Stockholders' Equity Attributable to Parent 178M USD +6.87%
Liabilities and Equity 437M USD +26.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -14.9M USD -6879%
Net Cash Provided by (Used in) Financing Activities -3.59M USD -53.9%
Net Cash Provided by (Used in) Investing Activities 8.03M USD
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 31.5M shares +0.33%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 59.3M USD -26.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 34K USD -63.8%
Operating Lease, Liability 148M USD +47.4%
Payments to Acquire Property, Plant, and Equipment 1.68M USD -48.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 10.2M USD -62.1%
Lessee, Operating Lease, Liability, to be Paid 223M USD +60.3%
Property, Plant and Equipment, Gross 245M USD +28.2%
Operating Lease, Liability, Current 9.5M USD -19.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 19M USD +13.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 18.4M USD +1.94%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) 421K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 75M USD +93.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 18.2M USD +26.4%
Deferred Tax Assets, Operating Loss Carryforwards 807K USD -22.4%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 18.9M USD +64.8%
Operating Lease, Payments 18M USD +11.7%
Additional Paid in Capital 50.6M USD +2.55%
Depreciation, Depletion and Amortization 2.6M USD +107%
Deferred Tax Assets, Net of Valuation Allowance 25.4M USD +9.22%
Interest Expense 2.57M USD +639%