Name: LINC Balance Sheet - Lincoln Educational Services Assets & Debt | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Total Assets, Current Assets, Cash and Equivalents, Total Liabilities, Long-term Debt, Short-term Debt, Shareholders Equity, Working Capital, Book Value Per Share

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LINC - Lincoln Educational Services Corp.

USD | NASDAQ

LINC Balance Sheet - Lincoln Educational Services Assets & Debt | Ledgeburg

(in millions of USD)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17	Q4 FY 16	Q3 FY 16	Q2 FY 16
Cash And Short Term Investments
Cash And Equivalents	16.7	28.5	13.5	16.7	28.7	59.3	54.0	67.0	68.6	76.0	41.7	66.4	40.3	46.1	69.6

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD)	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008
Cash And Short Term Investments
Cash And Equivalents	28.5	59.3	76.0	46.1	83.3	38.0	23.6	17.6	14.6	21.1	38.4	12.3	12.9	61.7	26.5	66.0	46.1	15.2
Restricted Cash	-	0.0	4.3	4.2	0.0	-	0.0	16.8	7.2	6.4	7.4	30.0	54.5	0.0	0.0	0.7	-	-
Short Term Investments	-	-	0.0	14.8	0.0	-	-	-	-	-	-	-	-	-	-	-	-
Cash And Short Term Investments	28.5	59.3	76.0	60.8	83.3	38.0	23.6	17.6	14.6	21.1	38.4	12.3	12.9	61.7	26.5
Receivables
Accounts Receivable	36.9	43.0	35.7	37.2	26.2	30.0	20.7	18.7	15.8	15.4	10.4	13.5	16.1	17.4	19.7
Current Assets
Inventory	4.0	3.1	2.9	2.6	2.7	2.4	1.6	1.5	1.7	1.7	1.2	1.5	2.3	2.7	3.1	3.6
Non-Current Assets
Property, Plant & Equipment Gross	319.7	244.8	191.0	170.3	176.5	224.7	221.8	220.4	216.8	212.6	189.9	206.7	274.1	291.9
Current Liabilities
Accounts Payable	27.0	37.0	18.2	10.5	12.3	15.7	14.6	14.1	10.5	13.7	12.9	11.9	14.6	13.5	15.5
Non-Current Liabilities
Long Term Debt	-	-	-	-	0.0	15.2	32.0	33.8	52.6	30.2	32.1	0.0	54.5	6.1	-	-
Common Equity
Common Stock	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplementary Data
Total Debt	-	-	-	-	0.0	17.2	34.0	48.8	52.6	42.0	42.1	30.0	54.5	6.1	-	-

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Receivables
Accounts Receivable	41.7	36.9	51.1	47.3	47.3	43.0	53.1	43.6	40.5	35.7	40.3	32.1	34.9	37.2	31.9	31.6	34.9	26.2	30.0	31.7	30.6	30.0	33.6	27.9	26.5	20.7	22.1	22.1	22.6	18.7	21.7	20.7	19.6	15.8	18.5	17.9	17.4	15.4	13.7	11.7

Non-Current Assets
Property, Plant & Equipment Gross	333.9	319.7	310.3	294.6	269.9	244.8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Depreciation	154.6	148.1	149.8	145.5	144.3	141.3	141.4	143.0	141.7	140.2	139.7	138.7	147.2	146.4	147.8	148.1	150.6
Property,Plant & Equipment Net	179.4	171.6	160.5	149.1	125.6	103.5	75.5	59.5	52.0	50.9	38.4	32.5	26.1	23.9	23.8	22.0
Long Term Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity Method Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill	10.7	10.7	10.7	10.7	10.7	10.7	10.7	10.7	10.7	10.7	10.7	10.7	14.5	14.5	14.5	14.5	14.5	14.5
Intangible Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Lease Right Of Use Assets	151.2	154.2	142.1	132.7	133.5	136.0	129.8	106.6	102.8	89.9	92.9	89.0	92.1	93.1	95.5	92.6
Deferred Tax Assets	21.7	21.7	24.8	24.8	24.8	25.4	22.8	22.8	22.8	23.2	25.2	25.2	25.2	22.3	23.6	23.6	23.6
Other Non-Current Assets	1.7	1.3	1.3	1.3	1.4	1.4	1.4	1.4	1.4	1.8	1.2	1.2	0.8	0.8	0.8	0.8	0.8
Total Non-Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets	486.7	493.2	466.9	447.3	427.4	436.6	404.0	366.4	355.2	345.2	315.8	311.4	281.1	291.6	291.3	285.4	287.7

Current Liabilities
Accounts Payable	28.3	27.0	35.1	34.0	34.4	37.0	27.9	19.0	14.3	18.2	17.6	16.8	12.9	10.5	16.2	13.9	13.1	12.3	16.0	13.4	17.7	15.7	17.6	14.1	12.7	14.6	18.9	18.4	14.5	14.1	19.5	15.6	13.4	10.5	10.4	14.2	10.6	13.7	17.1	11.9
Short Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Revenue Current	39.3	44.2	33.5	28.1	28.8	30.6	23.0	24.3	22.3	26.9	21.8	22.9	21.0	24.2	22.7	21.7	21.2
Operating Lease Liabilities Current	10.4	10.6	10.1	10.7	9.8	9.5	10.3	12.0	11.8	11.7	10.9	10.4	10.1	9.6	10.3	11.6
Accrued Expenses	13.8	18.4	16.8	15.4	8.8	12.0	12.3	11.6	9.2	13.7	12.7	12.3	9.0	8.7	10.0	10.9	9.3	15.7
Other Current Liabilities	-	-	-	-	-	-	-	-	-	-	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Current Liabilities	92.3	100.7	95.9	88.3	83.1	90.2	73.5	66.9	59.9	73.4	66.1	68.7	54.6	55.0	59.9

Non-Current Liabilities
Long Term Debt	5.0	0.0	8.0	13.0	-	0.0	-	-	-	-	-	-	-	-	-	-	-	-	13.8	14.3	14.8	15.2	15.7	16.1	16.6	32.0	19.8	21.4	21.0	33.8	24.4	24.3	22.3	52.6	16.7	24.0	24.2	30.2	31.7	31.5
Operating Lease Liabilities Non-Current	160.1	162.1	146.4	134.5	136.2	138.8	131.2	105.9	101.9	88.9	91.9	87.7	90.6	91.0	92.0
Deferred Revenue Non-Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Tax Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension Obligations	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Current Liabilities	-	-	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.1	-	-	-	-	-	-	-
Total Non-Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liabilities	287.9	293.5	281.1	266.6	249.7	258.3	234.1	201.5	190.7	178.4	158.6	157.0	145.8	146.7	153.1	146.9

Common Equity
Common Stock	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional Paid In Capital	47.1	52.3	50.9	49.6	48.2	50.6	49.5	48.3	47.3	49.4	47.5	46.9	44.6	45.5	32.8	32.2	31.7
Retained Earnings	103.5	99.2	86.5	82.7	81.1	79.2	72.3	68.4	69.1	69.3	62.5	60.4	43.2	51.2	42.9	39.6	39.7
Accumulated Other Comprehensive Income	-	-	0.3	0.3	0.3	0.3	(0.0)	(0.0)	(0.0)	(0.0)	(1.0)	(1.0)	(1.0)	(1.0)	(1.3)	(1.3)
Treasury Stock	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Stockholders Equity	198.8	199.7	185.9	180.7	177.8	178.3	170.0	164.9	164.5	166.8	157.2	154.5	135.3	144.9	126.2	126.5	128.6
Total Equity	198.8	199.7	185.9	180.7	177.8	178.3	170.0	164.9	164.5	166.8	157.2	154.5	135.3	144.9	126.2	126.5	128.6	129.4

Current Assets
Inventory	2.5	4.0	3.1	4.5	2.4	3.1	2.7	2.3	2.4	2.9	2.9	2.6	2.6	2.6	2.7	3.1	2.6	2.7	3.2	3.3	2.7	2.4	2.9	3.1	1.8	1.6	1.9	2.1	1.7	1.5	2.3	1.8	1.9	1.7	1.8	1.9	1.7	1.7	1.1	1.3
Prepaid Expenses	6.9	7.9	8.2	8.4	8.1	4.8	3.6	4.1	6.1	5.6	6.9	8.0	6.3	4.7	2.3	4.5	5.4	4.9
Other Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets Held For Sale	-	-	0.0	0.0	0.0	1.2	0.0	0.0	0.0	10.2	10.2	0.0	4.6	4.6	4.6	4.6	4.6
Total Current Assets	76.4	87.0	77.3	79.6	86.4	111.3	115.4	119.4	118.7	134.7	130.7	137.5	107.6	114.1	111.0	111.5