Grand Canyon Education Inc (LOPE) — Defensive Interval Ratio
Grand Canyon Education Inc (LOPE) has a Defensive Interval Ratio of 452 days as of June 2026. Defensive assets of $145.57 Million (cash $-, short-term investments $103.47 Million, receivables $42.10 Million) cover 452 days of daily cash needs of $322.29K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Grand Canyon Education Inc Defensive Interval Ratio (2006–2025)
This chart shows how Grand Canyon Education Inc's Defensive Interval Ratio has evolved across 20 annual periods from 2006 to 2025. As of June 2026, the ratio stands at 452 days, meaning defensive assets of $145.57 Million can fund 452 days of operations without new revenue. For the complete balance sheet picture, see Grand Canyon Education Inc assets under control.
Annual Defensive Interval Ratio for Grand Canyon Education Inc (2006–2025)
The table below presents the year-by-year Defensive Interval Ratio for Grand Canyon Education Inc from 2006 to 2025, covering 20 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See LOPE working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 915 days | $274.99 Million | $300.69K/day | $- | $188.32 Million | ▲ +640 days |
| 2024 | 274 days | $83.44 Million | $304.02K/day | $- | $0.00 | ▼ -396 days |
| 2023 | 670 days | $178.16 Million | $265.84K/day | $- | $98.03 Million | ▲ +152 days |
| 2022 | 518 days | $141.50 Million | $273.17K/day | $- | $61.30 Million | ▲ +252 days |
| 2021 | 266 days | $71.34 Million | $268.34K/day | $- | $0.00 | ▲ +22 days |
| 2020 | 244 days | $79.33 Million | $325.25K/day | $- | $10.84 Million | ▼ -54 days |
| 2019 | 298 days | $77.74 Million | $260.90K/day | $- | $21.60 Million | ▼ -248 days |
| 2018 | 546 days | $120.49 Million | $220.60K/day | $- | $69.00 Million | ▲ +389 days |
| 2017 | 157 days | $102.27 Million | $652.42K/day | $- | $89.27 Million | ▲ +33 days |
| 2016 | 124 days | $76.82 Million | $621.35K/day | $- | $62.60 Million | ▼ -61 days |
| 2015 | 185 days | $95.61 Million | $516.53K/day | $- | $83.36 Million | ▼ -36 days |
| 2014 | 221 days | $108.39 Million | $489.62K/day | $- | $100.78 Million | ▼ -41 days |
| 2013 | 263 days | $119.24 Million | $453.76K/day | $- | $108.42 Million | ▲ +45 days |
| 2012 | 217 days | $90.92 Million | $418.43K/day | $- | $55.96 Million | ▼ -22 days |
| 2011 | 240 days | $79.79 Million | $332.89K/day | $- | $56.12 Million | ▲ +6 days |
| 2010 | 233 days | $78.58 Million | $336.57K/day | $- | $52.18 Million | ▲ +133 days |
| 2009 | 101 days | $17.20 Million | $170.94K/day | $- | $3.40 Million | ▼ -61 days |
| 2008 | 162 days | $14.42 Million | $89.20K/day | $- | $3.40 Million | ▲ +33 days |
| 2007 | 129 days | $13.12 Million | $101.82K/day | $- | $- | ▲ +44 days |
| 2006 | 85 days | $4.80 Million | $56.71K/day | $- | $- | — |