2020 *2019201820172016
Statement of Net Position ($000)
Cash & Short-Term Investments85,51376,04671,21465,44167,499
Total Assets673,005641,819633,279609,191571,066
Total Debt159,372160,251157,811156,317142,257
Total Liabilities443,717423,766419,924338,658312,148
Total Unrestricted Net Assets-45,554-42,556-38,047-2,2312,041
Total Net Assets205,100183,470182,326221,039213,703
Statement of Revenues, Expenses and Changes in Net Position ($000)
Net Tuition Rev96,94491,49191,92590,07989,366
Total Operating Exp279,782273,590265,932263,828258,833
Adjusted Net Operating Income-32,772-26,271-24,764-25,998-21,281
Revenue Over Expenses-2,261-936-557-1,665-840
Liquidity
Unrestricted Resources to Operations %-15.39-15.74-15.91-0.732.13
Unrestricted Resources to Debt %-29.54-29.47-29.29-1.663.22
Expendable Resources to Operations %-7.95-7.72-6.918.6010.41
Expendable Resources to Debt %-12.14-8.62-10.8518.5619.29
Capital
Average Age of Plant15.2514.8814.4713.9713.66
Long-Term Debt / Capitalization %36.436.938.536.836.5
Total Debt / Capitalization %40.1339.1340.3138.5238.79
Leverage
Current Debt Service Cov1.631.811.851.721.73
Financial Condition
EBIDA Margin %7.328.107.697.517.76
Adjusted Operating Margin %-13.81-11.14-11.88-11.72-10.47
Profit Margin %-0.89-0.51-0.18-0.94-0.53
Profile
Undergraduate Headcount10,96010,79010,75910,79910,936
Total Headcount13,33613,39513,37013,30813,593
Total Full-Time Equivalent Students10,69010,79310,88910,72210,869
Tuition: Resident7,3677,1046,9176,6786,572
Tuition: Non-Resident18,80518,44918,12117,67217,370
Tuition Dependence %34.2733.2533.5734.3534.56
* 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.