GRAND CANYON ED
GRAND CANYON ED operates in Diversified Metals & Mining.
GRAND CANYON ED (GKD) - Total Assets
Latest total assets as of September 2024: €992.93 Million EUR
Based on the latest financial reports, GRAND CANYON ED (GKD) holds total assets worth €992.93 Million EUR as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
GRAND CANYON ED - Total Assets Trend (2016–2023)
This chart illustrates how GRAND CANYON ED’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
GRAND CANYON ED - Asset Composition Analysis
Current Asset Composition (December 2023)
GRAND CANYON ED's total assets of €992.93 Million consist of 36.3% current assets and 63.7% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 15.7% |
| Accounts Receivable | €78.81 Million | 8.5% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €168.38 Million | 18.1% |
| Goodwill | €160.77 Million | 17.3% |
Asset Composition Trend (2016–2023)
This chart illustrates how GRAND CANYON ED's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: GRAND CANYON ED's current assets represent 36.3% of total assets in 2023, an increase from 21.1% in 2016.
- Cash Position: Cash and equivalents constituted 15.7% of total assets in 2023, up from 4.2% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 35.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is intangible assets at 18.1% of total assets.
GRAND CANYON ED Competitors by Total Assets
Key competitors of GRAND CANYON ED based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MANHATTAN ASSOC
BE:MHT
|
Germany | €698.14 Million |
|
TV BROADCAST
MU:TBCN
|
Germany | €6.25 Billion |
|
FIRST CITIZENS BC A
BE:FC6A
|
Germany | €220.57 Billion |
|
COSTCO WHSL
MU:CTO
|
Germany | €69.83 Billion |
|
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
|
Germany | €1.73 Trillion |
|
BURCKHARDT COMPRE N
MU:B5H
|
Germany | €1.07 Billion |
|
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
|
USA | $886.19 Million |
|
2H0
F:2H0
|
Germany | €15.27 Million |
GRAND CANYON ED - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - GRAND CANYON ED generates 1.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, GRAND CANYON ED generates $ 22.03 in net profit.
GRAND CANYON ED - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.69 | 2.76 | 2.19 |
| Quick Ratio | 3.69 | 2.76 | 2.19 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €286.82 Million | € 175.22 Million | € 113.11 Million |
GRAND CANYON ED - Advanced Valuation Insights
This section examines the relationship between GRAND CANYON ED's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 11.7% |
| Total Assets | €930.46 Million |
| Market Capitalization | $1.39 Million USD |
Valuation Analysis
Below Book Valuation: The market values GRAND CANYON ED's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: GRAND CANYON ED's assets grew by 11.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for GRAND CANYON ED (2016–2023)
The table below shows the annual total assets of GRAND CANYON ED from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €930.46 Million | +11.73% |
| 2022-12-31 | €832.75 Million | -31.90% |
| 2021-12-31 | €1.22 Billion | -33.71% |
| 2020-12-31 | €1.84 Billion | +9.13% |
| 2019-12-31 | €1.69 Billion | +27.66% |
| 2018-12-31 | €1.32 Billion | +1.57% |
| 2017-12-31 | €1.30 Billion | +19.32% |
| 2016-12-31 | €1.09 Billion | -- |