Grand Net Income vs Interest Expense Analysis

LOPE Stock  USD 179.82  1.64  0.92%   
Grand Canyon financial indicator trend analysis is much more than just examining Grand Canyon Education latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grand Canyon Education is a good investment. Please check the relationship between Grand Canyon Net Income and its Interest Expense accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Grand Canyon Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Net Income vs Interest Expense

Net Income vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grand Canyon Education Net Income account and Interest Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Grand Canyon's Net Income and Interest Expense is 0.49. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Grand Canyon Education, assuming nothing else is changed. The correlation between historical values of Grand Canyon's Net Income and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Grand Canyon Education are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Net Income i.e., Grand Canyon's Net Income and Interest Expense go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Grand Canyon Education financial statement analysis. It represents the amount of money remaining after all of Grand Canyon Education operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Grand Canyon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grand Canyon Education current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Grand Canyon Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At present, Grand Canyon's Enterprise Value Over EBITDA is projected to drop slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 16.31, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.04.
 2022 2023 2024 2025 (projected)
Gross Profit487.5M503.7M1.0B1.1B
Total Revenue911.3M960.9M1.0B668.5M

Grand Canyon fundamental ratios Correlations

0.480.270.160.620.410.410.440.06-0.20.380.020.480.260.340.160.06-0.2-0.240.460.090.430.50.540.280.19
0.480.710.160.150.990.14-0.13-0.230.480.140.40.960.680.710.360.490.420.450.640.510.010.010.370.140.52
0.270.710.080.10.65-0.01-0.10.130.34-0.060.130.750.80.590.750.150.350.480.470.92-0.01-0.020.540.020.15
0.160.160.080.240.130.13-0.1-0.290.350.310.310.070.06-0.160.10.280.370.370.560.160.17-0.350.270.210.33
0.620.150.10.240.020.930.880.22-0.250.73-0.190.14-0.17-0.290.26-0.06-0.44-0.40.380.150.950.320.870.880.1
0.410.990.650.130.020.02-0.25-0.280.50.050.430.940.680.760.270.510.470.480.590.44-0.12-0.010.230.030.52
0.410.14-0.010.130.930.020.850.2-0.190.73-0.20.13-0.26-0.360.14-0.05-0.45-0.380.250.060.930.240.770.970.08
0.44-0.13-0.1-0.10.88-0.250.850.43-0.580.57-0.46-0.1-0.31-0.380.16-0.26-0.74-0.70.02-0.020.890.540.690.76-0.13
0.06-0.230.13-0.290.22-0.280.20.43-0.59-0.15-0.960.030.130.12-0.03-0.89-0.57-0.55-0.30.060.260.520.210.15-0.84
-0.20.480.340.35-0.250.5-0.19-0.58-0.590.10.70.340.140.110.260.60.930.920.590.37-0.23-0.87-0.02-0.050.58
0.380.14-0.060.310.730.050.730.57-0.150.10.130.02-0.36-0.430.280.3-0.12-0.080.590.090.79-0.10.630.760.43
0.020.40.130.31-0.190.43-0.2-0.46-0.960.70.130.160.070.020.210.90.680.690.420.18-0.26-0.55-0.07-0.140.85
0.480.960.750.070.140.940.13-0.10.030.340.020.160.780.810.30.220.30.350.510.52-0.010.150.370.110.25
0.260.680.80.06-0.170.68-0.26-0.310.130.14-0.360.070.780.820.370.030.220.380.140.64-0.330.230.18-0.29-0.04
0.340.710.59-0.16-0.290.76-0.36-0.380.120.11-0.430.020.810.820.040.020.240.20.170.27-0.460.31-0.1-0.410.0
0.160.360.750.10.260.270.140.16-0.030.260.280.210.30.370.040.30.230.390.460.890.25-0.170.650.190.31
0.060.490.150.28-0.060.51-0.05-0.26-0.890.60.30.90.220.030.020.30.540.550.530.21-0.08-0.430.060.010.98
-0.20.420.350.37-0.440.47-0.45-0.74-0.570.93-0.120.680.30.220.240.230.540.920.530.33-0.47-0.81-0.19-0.330.5
-0.240.450.480.37-0.40.48-0.38-0.7-0.550.92-0.080.690.350.380.20.390.550.920.460.53-0.4-0.79-0.05-0.260.48
0.460.640.470.560.380.590.250.02-0.30.590.590.420.510.140.170.460.530.530.460.430.31-0.360.510.340.64
0.090.510.920.160.150.440.06-0.020.060.370.090.180.520.640.270.890.210.330.530.430.11-0.190.610.120.2
0.430.01-0.010.170.95-0.120.930.890.26-0.230.79-0.26-0.01-0.33-0.460.25-0.08-0.47-0.40.310.110.20.810.920.07
0.50.01-0.02-0.350.32-0.010.240.540.52-0.87-0.1-0.550.150.230.31-0.17-0.43-0.81-0.79-0.36-0.190.20.160.08-0.39
0.540.370.540.270.870.230.770.690.21-0.020.63-0.070.370.18-0.10.650.06-0.19-0.050.510.610.810.160.760.18
0.280.140.020.210.880.030.970.760.15-0.050.76-0.140.11-0.29-0.410.190.01-0.33-0.260.340.120.920.080.760.15
0.190.520.150.330.10.520.08-0.13-0.840.580.430.850.25-0.040.00.310.980.50.480.640.20.07-0.390.180.15
Click cells to compare fundamentals

Grand Canyon Account Relationship Matchups

Grand Canyon fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding47.2M44.0M32.2M30.1M29.3M45.2M
Total Assets1.8B1.2B832.7M930.5M1.0B872.4M
Short Long Term Debt Total171.8M61.2M77.4M99.3M108.5M84.2M
Other Current Liab54.2M52.9M50.2M58.1M62.8M48.7M
Total Current Liabilities118.7M97.9M99.7M97.0M111.0M130.1M
Total Stockholder Equity1.6B1.0B637.6M718.0M783.9M651.8M
Property Plant And Equipment Net189.7M193.8M220.2M262.2M276.4M313.7M
Net Debt(74.0M)(539.8M)(43.0M)(47.2M)(216.1M)(205.3M)
Retained Earnings1.6B1.9B2.0B2.2B2.5B2.6B
Accounts Payable11.2M24.3M20.0M17.7M26.7M19.3M
Cash245.8M600.9M120.4M146.5M324.6M340.9M
Non Current Assets Total1.5B541.7M559.5M592.9M598.4M606.0M
Non Currrent Assets Other966.8M1.9M(24.5M)1.6M1.4M1.3M
Other Assets971.6M1.0B1.9M1.7M1.9M1.8M
Cash And Short Term Investments256.6M600.9M181.7M244.5M324.6M178.3M
Net Receivables68.5M71.3M80.2M80.1M82.9M87.1M
Common Stock Total Equity531K533K536K538K618.7K509.4K
Liabilities And Stockholders Equity1.8B1.2B832.7M930.5M1.0B872.4M
Non Current Liabilities Total151.5M79.8M95.4M115.4M123.6M90.4M
Other Current Assets8.6M8.8M11.4M12.9M12.4M12.7M
Other Stockholder Equity(20.9M)(810.5M)(1.4B)(1.5B)(1.7B)(1.6B)
Total Liab270.3M177.7M195.1M212.4M234.6M220.6M
Property Plant And Equipment Gross189.7M193.8M220.2M432.6M471.6M334.9M
Total Current Assets333.7M681.0M273.3M337.5M420.0M266.4M
Accumulated Other Comprehensive Income(97.0M)0.0(533K)(57K)(51.3K)(53.9K)
Short Term Debt47.9M14.9M17.3M11.0M12.9M15.2M
Intangible Assets193.6M185.2M176.8M168.4M160.0M168.0M
Common Stock533K536K538K540K541K518.3K
Property Plant Equipment119.7M128.7M136.1M147.5M169.6M301.6M
Inventory61.7M300K(10.8M)1.00.90.86
Short Term Investments69.0M21.6M10.8M0.061.3M98.0M
Other Liab18.3M20.3M26.0M26.6M30.6M32.2M
Treasury Stock(125.5M)(169.4M)(303.4M)(1.1B)(996.5M)(946.7M)
Net Tangible Assets1.1B1.2B699.1M300.1M345.1M327.8M
Retained Earnings Total Equity1.3B1.6B1.9B2.0B2.3B2.5B
Capital Surpluse270.9M282.5M296.7M309.3M355.7M235.9M
Capital Lease Obligations64.0M61.2M77.4M99.3M108.5M113.9M

Also Currently Popular

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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Grand Canyon Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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
0.044
Earnings Share
7.73
Revenue Per Share
35.493
Quarterly Revenue Growth
0.051
Return On Assets
0.1779
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.