Lincoln Educational Services Balance Sheet
NASDAQ: LINCReal EstateOther Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Lincoln Educational Services financial position
At the end of fiscal 2025, Lincoln Educational Services reported total assets of $493.2 million, up 13.0% from a year earlier against total liabilities of $293.5 million. Shareholders' equity stood at $199.7 million, or 40.5% of assets. The company held $28.5 million in cash and equivalents against $0 of debt, a net cash position of $28.5 million.
The current ratio (current assets divided by current liabilities) was 0.86, meaning short-term obligations exceed short-term assets. Debt-to-equity was 0.00.
Summary generated from market data by MetaCap's automated system. Methodology
Lincoln Educational Services balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 28.52M | 59.27M | 75.99M | 46.07M | 83.31M | 38.03M | 23.64M | 17.57M | 14.56M | 21.06M |
| Short-Term Investments | — | — | 0 | 14.76M | 0 | — | — | — | — | — |
| Receivables | 36.93M | 42.98M | 35.69M | 37.17M | 26.16M | 30.02M | 20.65M | 18.68M | 15.79M | 15.38M |
| Inventory | 3.99M | 3.05M | 2.95M | 2.62M | 2.72M | 2.39M | 1.61M | 1.45M | 1.66M | 1.69M |
| Total Current Assets | 87.03M | 111.25M | 134.66M | 114.14M | 121.63M | 74.16M | 50.48M | 57.11M | 44.72M | 64.54M |
| Property, Plant & Equipment | 171.60M | 103.53M | 50.86M | 23.94M | 23.12M | 48.39M | 49.34M | 49.29M | 52.87M | 55.45M |
| Goodwill | 10.74M | 10.74M | 10.74M | 14.54M | 14.54M | 14.54M | 14.54M | 14.54M | 14.54M | 14.54M |
| Intangible Assets | — | — | — | — | — | — | — | — | 16.00K | 32.00K |
| Total Assets | 493.16M | 436.56M | 345.25M | 291.57M | 295.30M | 245.19M | 194.76M | 146.04M | 155.21M | 163.21M |
| Accounts Payable | 27.02M | 37.03M | 18.15M | 10.50M | 12.30M | 15.68M | 14.58M | 14.11M | 10.51M | 13.75M |
| Short-Term Debt | — | — | — | — | 0 | 2.00M | 2.00M | 15.00M | 0 | 11.71M |
| Total Current Liabilities | 100.71M | 90.21M | 73.41M | 55.02M | 65.88M | 66.84M | 57.20M | 64.58M | 47.48M | 66.26M |
| Long-Term Debt | 0 | 0 | — | — | 0 | 15.21M | 32.03M | 33.77M | 52.59M | 30.24M |
| Total Liabilities | 293.48M | 258.29M | 178.44M | 146.69M | 153.90M | 142.14M | 139.63M | 106.17M | 109.40M | 108.28M |
| Shareholders' Equity | 199.69M | 178.26M | 166.80M | 144.88M | 129.42M | 91.07M | 43.15M | 39.87M | 45.81M | 54.93M |
| Retained Earnings | 99.17M | 79.17M | 69.28M | 51.23M | 39.70M | 6.20M | -42.06M | -44.07M | -37.53M | -26.04M |
| Total Debt | 0 | 0 | — | — | 0 | 17.21M | 34.03M | 48.77M | 52.59M | 41.96M |
| Net Cash (Debt) | 28.52M | 59.27M | 75.99M | 60.83M | 83.31M | 20.81M | -10.38M | -31.20M | -38.03M | -20.89M |
| Shares Outstanding | 31.62M | 31.46M | 31.36M | 31.15M | 27.00M | 26.48M | 25.23M | 30.55M | 30.62M | 30.69M |
This table shows 10 annual periods of Lincoln Educational Services's balance sheet, from FY 2025 back to FY 2016, across 19 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow LINC's reporting calendar. What is a balance sheet?