2018 *2017201620152014
Statement of Net Position ($000)
Cash & Short-Term Investments36,45226,52424,22422,42120,995
Total Assets250,648165,293158,578154,078143,992
Total Debt85,89442,84942,23440,39438,513
Total Liabilities196,471100,57294,01689,16253,872
Total Unrestricted Net Assets-30,793-5,894-4,224-2,02313,585
Total Net Assets42,15551,37050,23644,22975,622
Statement of Revenues, Expenses and Changes in Net Position ($000)
Net Tuition Rev13,94611,79011,14310,51310,593
Total Operating Exp107,97274,34175,56869,94369,276
Adjusted Net Operating Income-9,258-7,851-8,339-6,778-7,508
Revenue Over Expenses1,3374138201,223870
Liquidity
Unrestricted Resources to Operations %-33.31-11.02-10.36-5.8321.37
Unrestricted Resources to Debt %-28.00-12.36-8.81-4.4936.08
Expendable Resources to Operations %-18.840.372.203.2931.52
Expendable Resources to Debt %-16.02-0.381.012.3450.50
Capital
Average Age of Plant12.6412.5712.2411.9211.80
Long-Term Debt / Capitalization %65.049.647.647.339.2
Total Debt / Capitalization %69.5053.6152.4750.8343.11
Leverage
Current Debt Service Cov1.241.251.451.451.36
Financial Condition
EBIDA Margin %10.579.3810.8510.689.63
Adjusted Operating Margin %-12.15-13.30-12.72-12.60-14.56
Profit Margin %1.560.611.761.671.29
Profile
Total Headcount9,8817,7617,8117,5577,875
Total Full-Time Equivalent Students5,3474,1904,2594,2754,453
Tuition: Resident2,8802,8622,7752,7002,610
Tuition: Non-Resident6,8766,4566,3866,3496,144
Tuition Dependence %15.7517.7917.0817.0217.51
* 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.