Perdoceo Education Corporation (PRDO) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 747.35M | 696.86M | 736.15M | 721.21M | 686M | 640.15M | 773.52M | 732.48M | 706.02M | 654.96M | 669.59M | 643.39M | 585.45M | 575.12M | 582.32M | 571.79M | 556.2M | 554.45M | 537.14M | 549.14M |
| Cash & Short-Term Investments | 1.36B | 643.49M | 647.31M | 637.99M | 590.58M | 568.92M | 721.82M | 674.13M | 641.41M | 603.14M | 595.26M | 568.64M | 510.79M | 508.72M | 522.99M | 515.59M | 498.06M | 494.19M | 475.79M | 476.65M |
| Cash Only | 844.27M | 132.28M | 159.47M | 172.07M | 132.06M | 109.13M | 238.05M | 127.85M | 125.81M | 118.01M | 165.64M | 140.53M | 89.84M | 109.41M | 147.12M | 148.75M | 190.44M | 319.98M | 266.4M | 87.34M |
| Short-Term Investments | 514.84M | 511.21M | 487.84M | 465.91M | 458.53M | 459.8M | 483.77M | 546.27M | 515.6M | 485.13M | 429.62M | 428.1M | 420.94M | 399.31M | 375.87M | 366.84M | 307.62M | 174.21M | 209.39M | 389.31M |
| Accounts Receivable | 39.59M | 32.23M | 41.3M | 42.4M | 55.66M | 28.14M | 36.13M | 39.84M | 47.23M | 33.94M | 53.27M | 49.22M | 49.3M | 46.01M | 45.32M | 40.8M | 42.95M | 44.73M | 44.38M | 54.25M |
| Days Sales Outstanding | 14.58 | 15.98 | 18.17 | 21.29 | 17.7 | 16.76 | 20.58 | 23.76 | 21.95 | 27.12 | 26.2 | 24.03 | 21.93 | 23.85 | 23.52 | 22.73 | 21.56 | 25.64 | 26.08 | 25.51 |
| Inventory | 3.28M | 4.05M | 4.02M | 2.63M | 3.25M | 3.39M | 3.87M | 4.47M | 4.25M | 5M | 2.18M | 2.88M | 3.77M | 1.9M | 2.04M | 1.17M | 1.41M | 904K | 1.18M | 619K |
| Days Inventory Outstanding | 5.84 | 3.81 | 7.11 | 5.33 | 6.15 | 9.49 | 13.56 | 14.42 | 14.1 | 10.94 | 6.94 | 9.23 | 7.54 | 5.81 | 4.9 | 4.29 | 3.7 | 3.79 | 3.18 | 1.93 |
| Other Current Assets | -654.63M | 208K | 27.64M | 21.8M | 21.84M | 22.79M | 1.04M | 1.49M | 1.22M | 1.17M | 8.74M | 10.14M | 10.21M | 10.07M | 2.71M | 3.93M | 3.91M | 7.71M | 7.71M | 6.64M |
| Total Non-Current Assets | 541.43M | 575.35M | 563.23M | 573.18M | 582.54M | 596.88M | 343.23M | 345.76M | 345.94M | 352.35M | 356.44M | 370.28M | 377.57M | 382.25M | 316.89M | 284.27M | 287.62M | 292.98M | 299.27M | 237.27M |
| Property, Plant & Equipment | 131.49M | 136.86M | 141.78M | 147.31M | 152M | 160.98M | 33.77M | 35.54M | 34.9M | 40.47M | 45.6M | 47.36M | 50.03M | 52.19M | 56.6M | 59.4M | 62.49M | 65.02M | 64.63M | 65.63M |
| Fixed Asset Turnover | 1.65x | 1.52x | 1.47x | 1.40x | 1.36x | 1.81x | 4.90x | 4.73x | 4.47x | 3.44x | 3.87x | 3.83x | 3.83x | 3.24x | 2.90x | 2.75x | 2.87x | 2.47x | 2.67x | 2.62x |
| Goodwill | 265.7M | 265.7M | 258.19M | 258.19M | 258.07M | 258.01M | 241.16M | 241.16M | 241.16M | 241.16M | 241.16M | 244.11M | 243.94M | 243.54M | 184.13M | 162.58M | 162.58M | 162.58M | 162.69M | 118.31M |
| Intangible Assets | 73.77M | 77.94M | 82.12M | 86.38M | 90.67M | 95.01M | 32.89M | 34M | 35.11M | 36.22M | 39.97M | 49.09M | 50.94M | 53.56M | 44.26M | 28.88M | 30.54M | 32.21M | 34.11M | 13.86M |
| Long-Term Investments | 0 | 4.81M | 4.87M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 13.04M | 8.1M | 7.5M | 12.53M | 13.02M | 14.11M | 12.4M | 11.81M | 11.71M | 10.7M | 6.39M | 8.07M | 8.35M | 8.34M | 7.87M | 7.75M | 7.88M | 8.06M | 7.43M | 7.7M |
| Total Assets | 1.29B | 1.27B | 1.3B | 1.29B | 1.27B | 1.24B | 1.12B | 1.08B | 1.05B | 1.01B | 1.03B | 1.01B | 963.01M | 957.37M | 899.2M | 856.06M | 843.83M | 847.43M | 836.42M | 786.42M |
| Asset Turnover | 0.17x | 0.16x | 0.16x | 0.16x | 0.17x | 0.15x | 0.15x | 0.16x | 0.16x | 0.15x | 0.18x | 0.19x | 0.20x | 0.19x | 0.19x | 0.20x | 0.22x | 0.19x | 0.21x | 0.23x |
| Asset Growth % | 1.59% | 2.84% | 16.35% | 20.05% | 20.59% | 22.8% | 8.84% | 6.37% | 9.24% | 5.22% | 14.1% | 18.41% | 14.12% | 12.97% | 7.51% | 8.86% | 12.46% | 17.45% | 22.33% | 20.05% |
| Total Current Liabilities | 155.18M | 137.81M | 164.64M | 168.8M | 153.96M | 132.16M | 141.17M | 134.86M | 142.51M | 111.04M | 139.24M | 160.69M | 135.14M | 163.38M | 140.4M | 110.2M | 110.35M | 140.24M | 134.41M | 117.77M |
| Accounts Payable | 18.66M | 14.27M | 20.22M | 16.64M | 13.37M | 12.8M | 13.65M | 13.27M | 11.83M | 10.77M | 14.54M | 15.36M | 15.18M | 13.52M | 13.29M | 12.42M | 12.13M | 10.84M | 12.65M | 11.53M |
| Days Payables Outstanding | 26.27 | 16.3 | 39.38 | 27.19 | 24.27 | 34.57 | 43.77 | 41.5 | 34.43 | 38.52 | 41.06 | 42.43 | 38.15 | 39.5 | 39.22 | 40.97 | 36.81 | 42.75 | 42.85 | 35.56 |
| Short-Term Debt | 14.01M | 11.49M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 52.25M | 37.84M | 0 | 81.7M | 62.85M | 36.74M | 49.35M | 55.39M | 61.5M | 37.22M | 38.7M | 66.91M | 44.71M | 71.59M | 61.98M | 35.57M | 39.11M | 70.61M | 57.05M | 45.21M |
| Other Current Liabilities | 70.26M | 24.21M | 70.47M | 0 | 0 | 64.43M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 4.82x | 5.06x | 4.47x | 4.27x | 4.46x | 4.84x | 5.48x | 5.43x | 4.95x | 5.90x | 4.81x | 4.00x | 4.33x | 3.52x | 4.15x | 5.19x | 5.04x | 3.95x | 4.00x | 4.66x |
| Quick Ratio | 4.79x | 5.03x | 4.45x | 4.26x | 4.43x | 4.82x | 5.45x | 5.40x | 4.92x | 5.85x | 4.79x | 3.99x | 4.30x | 3.51x | 4.13x | 5.18x | 5.03x | 3.95x | 3.99x | 4.66x |
| Cash Conversion Cycle | -5.85 | 3.49 | -14.1 | -0.57 | -0.41 | -8.33 | -9.63 | -3.32 | 1.62 | -0.46 | -7.91 | -9.18 | -8.68 | -9.83 | -10.8 | -13.95 | -11.54 | -13.32 | -13.59 | -8.12 |
| Total Non-Current Liabilities | 133.69M | 161.99M | 136.89M | 140.96M | 144.33M | 145.34M | 40.16M | 43.86M | 43.35M | 54.86M | 57.13M | 60.54M | 66.7M | 68.14M | 52.58M | 53.1M | 55.1M | 57.08M | 56.62M | 55.03M |
| Long-Term Debt | 0 | 43.75M | 0 | 0 | 0 | 56.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 46.15M | 49.85M | 110.41M | 113.88M | 117.26M | 61.78M | 17.32M | 18.44M | 16.7M | 21.35M | 22.87M | 24.36M | 25.84M | 27.29M | 30.39M | 31.99M | 33.76M | 35.55M | 37.73M | 40.56M |
| Deferred Tax Liabilities | 0 | 24.49M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 87.54M | 43.9M | 26.48M | 27.07M | 27.07M | 27.06M | 22.84M | 25.42M | 26.65M | 33.51M | 34.26M | 36.19M | 40.86M | 40.86M | 22.19M | 21.11M | 21.34M | 21.53M | 18.89M | 14.47M |
| Total Liabilities | 288.86M | 299.8M | 301.53M | 309.76M | 298.29M | 277.5M | 181.32M | 178.72M | 185.86M | 165.9M | 196.38M | 221.24M | 201.84M | 231.52M | 192.98M | 163.3M | 165.45M | 197.32M | 191.03M | 172.81M |
| Total Debt | 60.15M | 105.09M | 121.49M | 124.54M | 127.64M | 131.54M | 22.29M | 23.84M | 22.69M | 27.05M | 28.63M | 30.05M | 31.88M | 33.84M | 36.35M | 39.27M | 42.11M | 44.95M | 47.77M | 50.34M |
| Net Debt | -784.12M | -27.19M | -37.98M | -47.54M | -4.42M | 22.41M | -215.76M | -104.01M | -103.12M | -90.96M | -137.01M | -110.48M | -57.97M | -75.57M | -110.77M | -109.48M | -148.33M | -275.03M | -218.63M | -37M |
| Debt / Equity | 0.06x | 0.11x | 0.12x | 0.13x | 0.13x | 0.14x | 0.02x | 0.03x | 0.03x | 0.03x | 0.03x | 0.04x | 0.04x | 0.05x | 0.05x | 0.06x | 0.06x | 0.07x | 0.07x | 0.08x |
| Debt / EBITDA | 0.83x | 2.04x | 1.99x | 2.02x | 2.01x | 3.08x | 0.47x | 0.49x | 0.46x | 1.39x | 0.61x | 0.57x | 0.66x | 1.23x | 1.06x | 1.01x | 0.87x | 1.14x | 1.14x | 1.26x |
| Net Debt / EBITDA | -10.82x | -0.53x | -0.62x | -0.77x | -0.07x | 0.52x | -4.51x | -2.12x | -2.09x | -4.69x | -2.92x | -2.11x | -1.20x | -2.74x | -3.22x | -2.82x | -3.05x | -6.96x | -5.24x | -0.93x |
| Interest Coverage | 41.36x | 31.43x | 35.19x | 35.91x | 32.59x | 515.44x | 639.56x | 418.25x | 158.76x | 185.27x | 496.75x | 778.11x | 496.29x | 240.49x | 326.96x | 351.66x | 426.57x | - | 66.26x | 129.46x |
| Total Equity | 999.91M | 972.41M | 997.85M | 984.63M | 970.25M | 959.54M | 935.43M | 899.52M | 866.11M | 841.42M | 829.66M | 792.43M | 761.17M | 725.85M | 706.22M | 692.76M | 678.38M | 650.11M | 645.38M | 613.61M |
| Equity Growth % | 3.06% | 1.34% | 6.67% | 9.46% | 12.03% | 14.04% | 12.75% | 13.51% | 13.79% | 15.92% | 17.48% | 14.39% | 12.2% | 11.65% | 9.43% | 12.9% | 15.3% | 16.95% | 23.71% | 28.19% |
| Book Value per Share | 15.76 | 14.97 | 15.12 | 14.72 | 14.51 | 14.22 | 13.90 | 13.41 | 12.96 | 12.52 | 12.36 | 11.56 | 11.11 | 10.61 | 10.30 | 10.01 | 9.75 | 9.24 | 9.03 | 8.56 |
| Total Shareholders' Equity | 999.91M | 972.41M | 997.85M | 984.63M | 970.25M | 959.54M | 935.43M | 899.52M | 866.11M | 841.42M | 829.66M | 792.43M | 761.17M | 725.85M | 706.22M | 692.76M | 678.38M | 650.11M | 645.38M | 613.61M |
| Common Stock | 928K | 921K | 921K | 920K | 920K | 910K | 910K | 910K | 909K | 903K | 901K | 900K | 899K | 894K | 894K | 894K | 893K | 887K | 879K | 879K |
| Retained Earnings | 762.68M | 718.37M | 692.76M | 662.86M | 630.54M | 595.67M | 573.03M | 543.61M | 512.62M | 480.61M | 470.83M | 437M | 382.32M | 347.84M | 331.88M | 309.82M | 284.05M | 251.97M | 227.51M | 199.74M |
| Treasury Stock | -486.9M | -468.52M | -414.45M | -393.81M | -372.92M | -344.42M | -344.42M | -344.42M | -344.42M | -334.22M | -328.65M | -328.65M | -304.65M | -301.62M | -301.62M | -294.18M | -282.33M | -276.89M | -253.49M | -253.49M |
| Accumulated OCI | -1.04M | 1.07M | 1.23M | 722K | 673K | 166K | 1.57M | -1.72M | -1.62M | -666K | -5M | -5.62M | -4.12M | -5.45M | -6.32M | -3.17M | -1.54M | -96K | -3K | 20K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |