2019 *2018201720162015
Statement of Net Position ($000)
Cash & Short-Term Investments52,78328,22626,07623,69821,981
Total Assets238,063166,007163,402155,452150,987
Total Debt72,65643,04341,44741,25039,328
Total Liabilities159,116111,04598,00292,64488,303
Total Unrestricted Net Assets-8,166-16,528-6,002-3,927-2,023
Total Net Assets46,54236,71150,54748,03643,749
Statement of Revenues, Expenses and Changes in Net Position ($000)
Net Tuition Rev20,03211,70711,35610,97010,373
Total Operating Exp107,86575,18773,40873,32568,752
Adjusted Net Operating Income-9,879-6,599-7,995-8,127-6,778
Revenue Over Expenses1,1849943847311,209
Liquidity
Unrestricted Resources to Operations %-10.81-29.51-12.70-10.20-5.83
Unrestricted Resources to Debt %-12.73-28.12-12.66-8.81-4.49
Expendable Resources to Operations %-4.99-16.61-0.512.243.88
Expendable Resources to Debt %-7.07-15.00-0.671.092.66
Capital
Average Age of Plant13.0512.9312.6012.2511.92
Long-Term Debt / Capitalization %47.952.248.847.347.1
Total Debt / Capitalization %55.2556.0253.0552.2550.39
Leverage
Current Debt Service Cov1.281.431.261.481.45
Financial Condition
EBIDA Margin %10.9210.169.1410.5710.65
Adjusted Operating Margin %-12.60-11.71-14.10-13.07-13.03
Profit Margin %0.961.820.611.731.67
Profile
Total Headcount9,7697,4137,7657,7327,302
Total Full-Time Equivalent Students5,0444,0834,1774,0634,173
Tuition: Resident3,2563,0682,8622,7602,685
Tuition: Non-Resident8,4346,7846,4566,3866,300
Tuition Dependence %20.8717.0717.8517.0616.70
* Median values are based upon the number of audits received at any given point in time. Therefore, the median values for the most recent year(s) are subject to frequent updating and may not yet accurately characterize the median values of a complete sample size.