2U, LLC financial data

Location
Lanham, MD
Fiscal year end
31 December
Latest financial report
10-Q - Q2 2024 - 09 Aug 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 46% % -51%
Debt-to-equity 1360% % 354%
Return On Equity -651% % -688%
Return On Assets -45% % -116%
Operating Margin -59% % -99%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2,858,478 shares -96%
Common Stock, Shares, Outstanding 2,805,301 shares -97%
Common Stock, Value, Issued $3,000 USD -96%
Weighted Average Number of Shares Outstanding, Basic 2,804,924 shares 4.4%
Weighted Average Number of Shares Outstanding, Diluted 2,804,924 shares 4.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $864,420,000 USD -6.9%
Selling and Marketing Expense $347,552,000 USD -6.3%
General and Administrative Expense $142,460,000 USD 2.1%
Costs and Expenses $1,373,230,000 USD 14%
Operating Income (Loss) $508,810,000 USD -85%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $595,456,000 USD -65%
Income Tax Expense (Benefit) $1,524,000 USD -119%
Net Income (Loss) Attributable to Parent $596,980,000 USD -65%
Earnings Per Share, Basic -101 USD/shares -50%
Earnings Per Share, Diluted -101 USD/shares -50%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $22,621,000 USD -58%
Accounts Receivable, after Allowance for Credit Loss, Current $71,338,000 USD -18%
Assets, Current $164,858,000 USD -27%
Property, Plant and Equipment, Net $33,800,000 USD -21%
Operating Lease, Right-of-Use Asset $55,324,000 USD -18%
Intangible Assets, Net (Excluding Goodwill) $293,653,000 USD -27%
Goodwill $311,884,000 USD -56%
Other Assets, Noncurrent $49,448,000 USD -29%
Assets $924,314,000 USD -40%
Contract with Customer, Liability, Current $83,781,000 USD -22%
Liabilities, Current $1,122,847,000 USD 280%
Deferred Income Tax Liabilities, Net $314,000 USD -0.32%
Operating Lease, Liability, Noncurrent $77,248,000 USD -15%
Other Liabilities, Noncurrent $1,116,000 USD -43%
Liabilities $1,201,525,000 USD -3.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax $24,656,000 USD 7.8%
Retained Earnings (Accumulated Deficit) $2,004,668,000 USD -42%
Stockholders' Equity Attributable to Parent $277,211,000 USD -194%
Liabilities and Equity $924,314,000 USD -40%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $72,249,000 USD 163%
Net Cash Provided by (Used in) Financing Activities $827,000 USD 99%
Net Cash Provided by (Used in) Investing Activities $7,310,000 USD 38%
Common Stock, Shares Authorized 200,000,000 shares 0%
Common Stock, Shares, Issued 2,805,301 shares -97%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $64,039,000 USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $34,889,000 USD -48%
Interest Paid, Excluding Capitalized Interest, Operating Activities $16,000,000 USD 15%
Operating Lease, Liability $91,013,000 USD -13%
Payments to Acquire Property, Plant, and Equipment $176,000 USD -86%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $594,887,000 USD -60%
Lessee, Operating Lease, Liability, to be Paid $125,625,000 USD -16%
Operating Lease, Liability, Current $13,765,000 USD -6.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two $21,107,000 USD 3.2%
Lessee, Operating Lease, Liability, to be Paid, Year One $20,549,000 USD -15%
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $34,612,000 USD -21%
Lessee, Operating Lease, Liability, to be Paid, Year Three $21,688,000 USD 3.3%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5,000,000 shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four $17,214,000 USD -20%
Operating Lease, Payments $6,100,000 USD 1.7%
Additional Paid in Capital $1,752,110,000 USD 1.4%
Amortization of Intangible Assets $97,200,000 USD -11%
Depreciation, Depletion and Amortization $107,546,000 USD -10%
Share-based Payment Arrangement, Expense $23,977,000 USD -59%
Interest Expense $75,883,000 USD 14%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%