Lincoln Educational Services Corp
NASDAQ:LINC

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Lincoln Educational Services Corp
NASDAQ:LINC
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Price: 16.15 USD 3.53% Market Closed
Market Cap: 508.2m USD
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Balance Sheet

Balance Sheet Decomposition
Lincoln Educational Services Corp

Current Assets 119.4m
Cash & Short-Term Investments 67m
Receivables 43.6m
Other Current Assets 8.8m
Non-Current Assets 247m
PP&E 193.7m
Intangibles 10.7m
Other Non-Current Assets 42.6m
Current Liabilities 66.9m
Accounts Payable 19m
Accrued Liabilities 23.6m
Other Current Liabilities 24.3m
Non-Current Liabilities 134.6m
Long-Term Debt 28.7m
Other Non-Current Liabilities 105.9m

Balance Sheet
Lincoln Educational Services Corp

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Balance Sheet
Currency: USD
Dec-2014 Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023
Assets
Cash & Cash Equivalents
12
38
21
15
18
24
38
83
46
76
Cash Equivalents
12
38
21
15
18
24
38
83
46
76
Short-Term Investments
0
0
0
0
0
0
0
0
15
0
Total Receivables
14
10
15
16
19
21
30
26
37
36
Accounts Receivables
14
10
15
16
19
21
30
26
37
36
Other Receivables
0
0
0
0
0
0
0
0
0
0
Inventory
2
1
2
2
2
2
2
3
3
3
Other Current Assets
86
55
26
13
19
5
4
10
14
20
Total Current Assets
113
105
65
45
57
51
74
122
114
135
PP&E Net
70
67
55
53
49
98
104
115
117
157
PP&E Gross
70
67
55
53
49
98
104
115
117
157
Accumulated Depreciation
137
123
157
164
171
172
176
153
146
140
Intangible Assets
1
0
0
0
0
0
0
0
0
0
Goodwill
22
15
15
15
15
15
15
15
15
11
Note Receivable
6
5
7
9
12
15
17
20
23
18
Other Long-Term Assets
1
16
21
34
13
16
37
25
23
26
Other Assets
22
15
15
15
15
15
15
15
15
11
Total Assets
214
N/A
208
-3%
163
-21%
155
-5%
146
-6%
195
+33%
245
+26%
295
+20%
292
-1%
345
+18%
Liabilities
Accounts Payable
12
13
14
11
14
15
16
12
11
18
Accrued Liabilities
14
11
15
12
11
17
25
27
18
25
Short-Term Debt
0
0
0
0
0
0
0
0
0
0
Current Portion of Long-Term Debt
31
10
12
0
15
2
2
0
0
0
Other Current Liabilities
27
37
25
25
25
24
24
26
26
30
Total Current Liabilities
84
71
66
48
65
57
67
66
55
73
Long-Term Debt
35
46
30
53
34
32
15
0
0
16
Deferred Income Tax
0
0
0
0
0
0
0
0
0
0
Other Liabilities
13
10
12
9
8
50
60
88
92
89
Total Liabilities
131
N/A
127
-3%
108
-15%
109
+1%
106
-3%
140
+31%
142
+2%
154
+8%
147
-5%
178
+22%
Equity
Common Stock
141
141
141
141
141
153
153
153
49
48
Retained Earnings
6
2
26
38
44
42
6
40
51
69
Additional Paid In Capital
26
27
29
29
30
30
31
32
46
49
Treasury Stock
83
83
83
83
83
83
83
83
0
0
Other Equity
8
7
6
5
4
4
4
1
1
0
Total Equity
83
N/A
81
-2%
55
-32%
46
-17%
40
-13%
55
+38%
103
+87%
141
+37%
145
+2%
167
+15%
Total Liabilities & Equity
214
N/A
208
-3%
163
-21%
155
-5%
146
-6%
195
+33%
245
+26%
295
+20%
292
-1%
345
+18%
Shares Outstanding
Common Shares Outstanding
24
24
25
25
25
25
27
27
31
31

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