2021 *2020201920182017
Statement of Net Position ($000)
Cash & Short-Term Investments124,73884,41475,79371,19065,441
Total Assets845,912665,482639,033630,475609,191
Total Debt188,413158,512158,694157,336156,317
Total Liabilities555,340437,282421,072416,632338,658
Total Unrestricted Net Assets-9,110-44,458-42,798-38,467-2,231
Total Net Assets303,452196,481182,518181,920221,039
Statement of Revenues, Expenses and Changes in Net Position ($000)
Net Tuition Rev106,32593,57690,71291,31990,079
Total Operating Exp353,478272,124271,377263,187263,828
Adjusted Net Operating Income-38,504-32,489-26,263-24,820-25,998
Revenue Over Expenses12,315-2,396-960-565-1,665
Liquidity
Unrestricted Resources to Operations %-5.49-15.03-16.03-15.92-0.73
Unrestricted Resources to Debt %-9.18-29.31-29.54-30.03-1.66
Expendable Resources to Operations %4.87-7.68-7.72-6.958.60
Expendable Resources to Debt %10.31-11.33-8.62-11.1318.56
Capital
Average Age of Plant15.4915.2714.9014.4613.97
Long-Term Debt / Capitalization %33.836.937.038.536.8
Total Debt / Capitalization %36.7740.2139.3740.3838.52
Leverage
Current Debt Service Cov3.101.621.791.821.72
Financial Condition
EBIDA Margin %12.997.348.107.687.51
Adjusted Operating Margin %-14.52-13.98-11.17-11.90-11.72
Profit Margin %4.76-0.94-0.52-0.18-0.94
Profile
Undergraduate Headcount11,81610,64910,95010,73610,799
Total Headcount15,22113,11213,43713,34013,308
Total Full-Time Equivalent Students12,39310,66010,89310,88610,722
Tuition: Resident7,4377,2927,0996,8406,675
Tuition: Non-Resident18,85818,56618,39818,11617,666
Tuition Dependence %35.1234.2733.2733.6434.35
* 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.