Lincoln Educational Services Corp
NASDAQ:LINC

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Lincoln Educational Services Corp
NASDAQ:LINC
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Price: 22.84 USD 3.72% Market Closed
Market Cap: 722.2m USD

Balance Sheet

Balance Sheet Decomposition
Lincoln Educational Services Corp

Current Assets 77.3m
Cash & Short-Term Investments 13.5m
Receivables 52.6m
Other Current Assets 11.3m
Non-Current Assets 389.6m
PP&E 328.1m
Intangibles 10.7m
Other Non-Current Assets 50.8m
Current Liabilities 95.9m
Accounts Payable 35.1m
Accrued Liabilities 26.9m
Other Current Liabilities 33.9m
Non-Current Liabilities 185.2m
Long-Term Debt 38.8m
Other Non-Current Liabilities 146.4m

Balance Sheet
Lincoln Educational Services Corp

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Balance Sheet
Currency: USD
Dec-2003 Dec-2004 Dec-2005 Dec-2006 Dec-2007 Dec-2008 Dec-2009 Dec-2010 Dec-2011 Dec-2012 Dec-2013 Dec-2014 Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023 Dec-2024
Assets
Cash & Cash Equivalents
49
41
50
7
4
15
46
66
27
62
13
12
38
21
15
18
24
38
83
46
76
59
Cash Equivalents
49
41
50
7
4
15
46
66
27
62
13
12
38
21
15
18
24
38
83
46
76
59
Short-Term Investments
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15
0
0
Total Receivables
11
13
14
21
29
24
37
34
20
17
16
14
10
15
16
19
21
30
26
37
36
43
Accounts Receivables
11
13
14
21
23
23
37
34
20
17
16
14
10
15
16
19
21
30
26
37
36
43
Other Receivables
0
0
0
0
6
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Inventory
1
2
2
2
3
3
3
4
3
3
2
2
1
2
2
2
2
2
3
3
3
3
Other Current Assets
8
7
6
9
8
9
20
14
23
18
72
86
55
26
13
19
5
4
10
14
20
6
Total Current Assets
69
64
72
38
44
51
106
118
73
100
104
113
105
65
45
57
51
74
122
114
135
111
PP&E Net
42
55
69
94
107
109
149
172
180
154
127
70
67
55
53
49
98
104
115
117
157
266
PP&E Gross
42
55
69
94
107
109
149
172
180
154
127
70
67
55
53
49
98
104
115
117
157
266
Accumulated Depreciation
40
47
60
73
83
83
98
111
122
138
147
137
123
157
164
171
172
176
153
146
140
141
Intangible Assets
0
0
0
2
2
5
7
5
2
2
2
1
0
0
0
0
0
0
0
0
0
0
Goodwill
20
33
60
83
81
87
113
107
97
66
63
22
15
15
15
15
15
15
15
15
11
11
Note Receivable
0
0
1
1
2
3
6
7
6
6
7
6
5
7
9
12
15
17
20
23
18
20
Other Long-Term Assets
9
11
13
8
12
13
7
5
4
19
4
1
16
21
34
13
16
37
25
23
26
29
Other Assets
20
33
60
83
81
87
113
107
97
66
63
22
15
15
15
15
15
15
15
15
11
11
Total Assets
139
N/A
163
+17%
215
+32%
226
+5%
246
+9%
268
+9%
388
+45%
413
+6%
362
-12%
347
-4%
306
-12%
214
-30%
208
-3%
163
-21%
155
-5%
146
-6%
195
+33%
245
+26%
295
+20%
292
-1%
345
+18%
437
+26%
Liabilities
Accounts Payable
9
11
13
12
14
12
20
26
16
14
15
12
13
14
11
14
15
16
12
11
18
37
Accrued Liabilities
12
12
11
10
10
16
27
26
11
10
11
14
11
15
12
11
17
25
27
18
25
21
Short-Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Current Portion of Long-Term Debt
4
5
0
0
0
0
0
0
1
0
0
31
10
12
0
15
2
2
0
0
0
0
Other Current Liabilities
31
32
40
37
38
42
55
70
44
35
31
27
37
25
25
25
24
24
26
26
30
32
Total Current Liabilities
55
60
64
59
62
71
102
122
71
59
57
84
71
66
48
65
57
67
66
55
73
90
Long-Term Debt
39
42
11
10
15
10
57
57
36
73
90
35
46
30
53
34
32
15
0
0
16
29
Deferred Income Tax
0
0
0
0
0
0
0
0
0
0
5
0
0
0
0
0
0
0
0
0
0
0
Other Liabilities
2
4
4
6
7
12
11
12
16
17
10
13
10
12
9
8
50
60
88
92
89
139
Total Liabilities
96
N/A
105
+9%
79
-25%
74
-6%
84
+13%
93
+11%
170
+82%
190
+12%
123
-35%
148
+20%
161
+8%
131
-19%
127
-3%
108
-15%
109
+1%
106
-3%
140
+31%
142
+2%
154
+8%
147
-5%
178
+22%
258
+45%
Equity
Common Stock
62
63
120
120
120
121
138
141
141
141
141
141
141
141
141
141
153
153
153
49
48
48
Retained Earnings
21
8
11
27
35
55
105
152
168
124
66
6
2
26
38
44
42
6
40
51
69
79
Additional Paid In Capital
1
3
6
8
12
15
14
17
20
23
24
26
27
29
29
30
30
31
32
46
49
51
Treasury Stock
0
0
0
0
0
7
33
83
83
83
83
83
83
83
83
83
83
83
83
0
0
0
Other Equity
0
0
0
3
5
9
5
5
7
7
4
8
7
6
5
4
4
4
1
1
0
0
Total Equity
43
N/A
58
+35%
136
+134%
152
+12%
163
+7%
175
+8%
219
+25%
223
+2%
239
+7%
199
-17%
145
-27%
83
-43%
81
-2%
55
-32%
46
-17%
40
-13%
55
+38%
103
+87%
141
+37%
145
+2%
167
+15%
178
+7%
Total Liabilities & Equity
139
N/A
163
+17%
215
+32%
226
+5%
246
+9%
268
+9%
388
+45%
413
+6%
362
-12%
347
-4%
306
-12%
214
-30%
208
-3%
163
-21%
155
-5%
146
-6%
195
+33%
245
+26%
295
+20%
292
-1%
345
+18%
437
+26%
Shares Outstanding
Common Shares Outstanding
22
22
25
26
26
26
26
22
23
24
24
24
24
25
25
25
25
27
27
31
31
31