2019 *2018201720162015
Statement of Net Position ($000)
Cash & Short-Term Investments142,52472,72166,40368,72365,295
Total Assets1,321,201636,883610,777571,066551,207
Total Debt339,918159,954157,533142,257143,998
Total Liabilities716,421425,936340,113312,148303,276
Total Unrestricted Net Assets-41,574-39,379-2,2312,0413,251
Total Net Assets381,463177,931221,730213,703211,483
Statement of Revenues, Expenses and Changes in Net Position ($000)
Net Tuition Rev195,90292,50490,10889,36689,555
Total Operating Exp570,574271,538266,533258,833256,236
Adjusted Net Operating Income-34,208-24,764-26,040-21,281-22,194
Revenue Over Expenses2,523-535-1,694-840453
Liquidity
Unrestricted Resources to Operations %-8.11-16.20-0.732.132.96
Unrestricted Resources to Debt %-12.41-30.03-1.663.225.13
Expendable Resources to Operations %-1.37-6.918.6010.4111.28
Expendable Resources to Debt %-2.01-10.8518.5619.2919.84
Capital
Average Age of Plant14.2614.4614.0213.7113.26
Long-Term Debt / Capitalization %38.838.536.836.538.1
Total Debt / Capitalization %41.0940.3838.5238.7940.53
Leverage
Current Debt Service Cov1.941.851.701.731.90
Financial Condition
EBIDA Margin %9.177.697.497.768.42
Adjusted Operating Margin %-8.86-11.79-11.77-10.47-9.94
Profit Margin %0.48-0.16-0.94-0.530.26
Profile
Undergraduate Headcount16,85810,99411,05910,93611,062
Total Headcount22,09813,34013,20713,58413,629
Total Full-Time Equivalent Students17,77710,88910,82310,86911,172
Tuition: Resident7,8537,0476,8566,6346,557
Tuition: Non-Resident20,78718,25017,88017,48217,058
Tuition Dependence %33.8333.7234.4534.5634.37
* 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.