Grand Interest Coverage from 2010 to 2024

LOPE Stock  USD 167.88  1.43  0.86%   
Grand Canyon's Interest Coverage is increasing over the years with slightly volatile fluctuation. Overall, Interest Coverage is expected to go to 7,138 this year. During the period from 2010 to 2024 Grand Canyon Interest Coverage annual values regression line had geometric mean of  188.61 and mean square error of 4.8 M. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
6.8 K
Current Value
7.1 K
Quarterly Volatility
2.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Grand Canyon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grand Canyon's main balance sheet or income statement drivers, such as Interest Expense of 31.4 K, Total Revenue of 643.9 M or Gross Profit of 1 B, as well as many indicators such as Price To Sales Ratio of 2.78, Dividend Yield of 0.0014 or PTB Ratio of 5.79. Grand financial statements analysis is a perfect complement when working with Grand Canyon Valuation or Volatility modules.
  
Check out the analysis of Grand Canyon Correlation against competitors.

Latest Grand Canyon's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Grand Canyon Education over the last few years. It is Grand Canyon's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Grand Canyon's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

Grand Interest Coverage Regression Statistics

Arithmetic Mean1,515
Geometric Mean188.61
Coefficient Of Variation193.13
Mean Deviation2,259
Median130.36
Standard Deviation2,927
Sample Variance8.6M
Range7.5K
R-Value0.69
Mean Square Error4.8M
R-Squared0.48
Significance0
Slope452.35
Total Sum of Squares119.9M

Grand Interest Coverage History

2024 7137.79
2023 6797.89
2022 7553.21
2021 78.36
2020 63.03
2019 23.44
2018 168.07

About Grand Canyon Financial Statements

Grand Canyon stakeholders use historical fundamental indicators, such as Grand Canyon's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Grand Canyon investors may analyze each financial statement separately, they are all interrelated. For example, changes in Grand Canyon's assets and liabilities are reflected in the revenues and expenses on Grand Canyon's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Grand Canyon Education. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage6.8 K7.1 K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Grand Canyon Education is a strong investment it is important to analyze Grand Canyon's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Grand Canyon's future performance. For an informed investment choice regarding Grand Stock, refer to the following important reports:
Check out the analysis of Grand Canyon Correlation against competitors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grand Canyon. If investors know Grand will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grand Canyon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.193
Earnings Share
7.61
Revenue Per Share
34.74
Quarterly Revenue Growth
0.074
Return On Assets
0.184
The market value of Grand Canyon Education is measured differently than its book value, which is the value of Grand that is recorded on the company's balance sheet. Investors also form their own opinion of Grand Canyon's value that differs from its market value or its book value, called intrinsic value, which is Grand Canyon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grand Canyon's market value can be influenced by many factors that don't directly affect Grand Canyon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grand Canyon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grand Canyon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grand Canyon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.