2018 *2017201620152014
Statement of Net Position ($000)
Cash & Short-Term Investments74,26266,25369,12865,29565,502
Total Assets640,946610,939573,131551,207537,037
Total Debt161,794158,778144,461143,998147,561
Total Liabilities432,307340,241312,807303,276215,951
Total Unrestricted Net Assets-39,379-9592,0683,25154,291
Total Net Assets182,326222,526214,002211,483326,466
Statement of Revenues, Expenses and Changes in Net Position ($000)
Net Tuition Rev92,50490,13789,45189,55587,065
Total Operating Exp275,636267,724262,383256,236255,941
Adjusted Net Operating Income-24,880-26,374-21,318-22,194-22,940
Revenue Over Expenses-535-1,733-89145346
Liquidity
Unrestricted Resources to Operations %-16.20-0.342.182.9623.16
Unrestricted Resources to Debt %-30.03-1.403.385.1342.52
Expendable Resources to Operations %-6.238.6310.4411.4133.35
Expendable Resources to Debt %-8.7218.7319.6219.9963.11
Capital
Average Age of Plant14.4514.0113.6813.2612.98
Long-Term Debt / Capitalization %38.536.836.538.132.1
Total Debt / Capitalization %40.3838.5638.8240.5333.95
Leverage
Current Debt Service Cov1.851.661.731.901.85
Financial Condition
EBIDA Margin %7.697.487.808.388.26
Adjusted Operating Margin %-11.71-11.72-10.40-10.00-10.67
Profit Margin %-0.16-0.95-0.550.260.02
Profile
Undergraduate Headcount11,00011,08711,07511,09911,307
Total Headcount13,37013,30813,59313,62913,845
Total Full-Time Equivalent Students10,82710,96710,92711,22411,650
Tuition: Resident7,0946,8656,6486,5846,511
Tuition: Non-Resident18,31417,85617,52217,06116,679
Tuition Dependence %33.7934.5634.6234.3734.84
* 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.