2021 *2020201920182017
Statement of Net Position ($000)
Cash & Short-Term Investments101,06984,44175,79371,19065,441
Total Assets752,777660,181633,753630,475609,191
Total Debt166,906158,473156,412157,336156,317
Total Liabilities468,095438,606421,072416,632338,658
Total Unrestricted Net Assets-12,639-44,552-43,429-38,467-2,231
Total Net Assets252,366196,480181,401181,920221,039
Statement of Revenues, Expenses and Changes in Net Position ($000)
Net Tuition Rev96,07791,69689,08391,31990,079
Total Operating Exp289,960269,132264,826263,187263,828
Adjusted Net Operating Income-34,106-32,407-26,238-24,820-25,998
Revenue Over Expenses8,445-2,379-1,027-565-1,665
Liquidity
Unrestricted Resources to Operations %-9.17-15.80-16.11-15.92-0.73
Unrestricted Resources to Debt %-12.07-29.42-31.33-30.03-1.66
Expendable Resources to Operations %2.67-7.82-8.11-6.958.60
Expendable Resources to Debt %2.88-12.32-9.89-11.1318.56
Capital
Average Age of Plant15.6815.2714.9014.4613.97
Long-Term Debt / Capitalization %33.536.437.038.536.8
Total Debt / Capitalization %35.3440.1339.3740.3838.52
Leverage
Current Debt Service Cov2.911.611.771.791.68
Financial Condition
EBIDA Margin %12.297.368.087.687.51
Adjusted Operating Margin %-14.61-13.90-11.43-11.90-11.72
Profit Margin %3.99-0.89-0.53-0.18-0.94
Profile
Undergraduate Headcount10,53710,64910,79010,73610,799
Total Headcount13,10613,05013,39513,34013,308
Total Full-Time Equivalent Students10,76310,69010,80410,88610,722
Tuition: Resident7,5127,3167,0996,8406,675
Tuition: Non-Resident18,60518,41418,35918,11117,666
Tuition Dependence %34.2034.2733.3233.6434.35
* 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.