Lincoln Educational Services Corporation (LINC)

Solvency & Capital Structure

Total Debt

$206.6M

Net Debt

$189.9M

Lincoln Educational Services Corporation currently has $206.6M in total debt. Net debt is $189.9M after cash offsets.

Financial Fundamentals

LINC • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-03-31	0.21	0.02	0.19	0.49	42.4%
2025-12-31	0.20	0.03	0.18	0.49	41.3%
2025-09-30	0.20	0.01	0.18	0.47	41.9%
2025-06-30	0.19	0.02	0.17	0.45	42.3%
2025-03-31	0.18	0.03	0.15	0.43	41.2%
2024-12-31	0.18	0.06	0.12	0.44	40.7%
2024-09-30	0.17	0.05	0.12	0.40	42.3%
2024-06-30	0.15	0.07	0.08	0.37	40.0%
2024-03-31	0.14	0.07	0.07	0.36	40.1%
2023-12-31	0.12	0.08	0.04	0.35	33.8%
2023-09-30	0.10	0.07	0.04	0.32	32.6%
2023-06-30	0.10	0.09	0.01	0.31	31.5%
2023-03-31	0.10	0.06	0.05	0.28	35.8%
2022-12-31	0.10	0.06	0.04	0.29	34.5%
2022-09-30	0.10	0.07	0.03	0.29	35.1%
2022-06-30	0.10	0.07	0.03	0.29	34.7%
2022-03-31	0.10	0.07	0.04	0.29	35.4%
2021-12-31	0.10	0.08	0.01	0.30	33.1%
2021-09-30	0.08	0.05	0.03	0.25	29.7%
2021-06-30	0.08	0.03	0.04	0.24	31.5%
2021-03-31	0.08	0.03	0.05	0.24	31.9%
2020-12-31	0.08	0.04	0.04	0.25	32.0%
2020-09-30	0.08	0.03	0.05	0.21	39.5%
2020-06-30	0.08	0.03	0.05	0.19	39.8%
2020-03-31	0.07	0.01	0.06	0.17	42.3%
2019-12-31	0.09	0.02	0.07	0.19	45.8%
2019-09-30	0.07	0.01	0.06	0.16	44.5%
2019-06-30	0.07	0.01	0.06	0.15	45.4%
2019-03-31	0.07	0.01	0.06	0.16	45.2%
2018-12-31	0.05	0.02	0.03	0.15	33.4%
2018-09-30	0.02	0.01	0.01	0.12	19.9%
2018-06-30	0.02	0.00	0.02	0.12	21.0%
2018-03-31	0.02	0.00	0.02	0.12	19.1%
2017-12-31	0.05	0.01	0.04	0.16	33.9%
2017-09-30	0.02	0.01	0.01	0.12	14.2%
2017-06-30	0.03	0.01	0.02	0.13	24.6%
2017-03-31	0.03	0.01	0.02	0.14	21.3%
2016-12-31	0.04	0.02	0.02	0.16	25.7%
2016-09-30	0.04	0.02	0.02	0.19	22.8%
2016-06-30	0.04	0.01	0.03	0.18	25.1%
2016-03-31	0.05	0.02	0.03	0.19	24.3%
2015-12-31	0.06	0.04	0.02	0.21	27.7%
2015-09-30	0.08	0.03	0.05	0.22	35.8%
2015-06-30	0.04	0.00	0.04	0.18	23.3%
2015-03-31	0.04	0.01	0.03	0.18	19.8%
2014-12-31	0.07	0.04	0.02	0.21	30.5%
2014-09-30	0.04	0.01	0.03	0.20	21.9%
2014-06-30	0.05	0.01	0.04	0.24	21.0%
2014-03-31	0.04	0.01	0.03	0.24	16.7%
2013-12-31	0.09	0.07	0.02	0.31	29.5%
2013-09-30	0.04	0.01	0.03	0.29	12.3%
2013-06-30	0.04	0.00	0.03	0.29	12.5%
2013-03-31	0.04	0.02	0.02	0.30	12.0%
2012-12-31	0.07	0.06	0.01	0.35	21.2%
2012-09-30	0.04	0.02	0.02	0.33	10.8%
2012-06-30	0.04	0.02	0.02	0.33	10.9%
2012-03-31	0.04	0.03	0.01	0.36	10.2%
2011-12-31	0.04	0.03	0.01	0.36	10.1%
2011-09-30	0.04	0.03	0.01	0.37	10.0%
2011-06-30	0.04	0.03	0.01	0.38	9.7%
2011-03-31	0.04	0.04	-0.01Net Cash	0.38	9.6%
2010-12-31	0.06	0.07	-0.01Net Cash	0.41	13.8%
2010-09-30	0.04	0.01	0.02	0.37	10.0%
2010-06-30	0.04	0.03	0.01	0.39	9.5%
2010-03-31	0.04	0.03	0.00	0.38	9.9%
2009-12-31	0.06	0.05	0.01	0.39	14.8%
2009-09-30	0.04	0.04	-0.00Net Cash	0.37	10.2%
2009-06-30	0.04	0.01	0.03	0.34	12.6%
2009-03-31	0.05	0.02	0.03	0.33	14.4%
2008-12-31	0.01	0.02	-0.01Net Cash	0.27	3.8%
2008-09-30	0.01	0.01	0.00	0.25	4.1%
2008-06-30	0.03	0.01	0.02	0.25	12.5%
2008-03-31	0.02	0.01	0.01	0.24	7.1%
2007-12-31	0.02	0.00	0.01	0.25	6.2%
2007-09-30	0.02	0.00	0.01	0.24	6.5%
2007-06-30	0.03	0.01	0.03	0.24	13.3%
2007-03-31	0.02	0.00	0.02	0.23	9.8%
2006-12-31	0.01	0.01	0.00	0.23	4.4%
2006-09-30	0.03	0.01	0.01	0.24	11.4%
2006-06-30	0.03	0.01	0.02	0.23	12.3%
2006-03-31	0.01	0.04	-0.03Net Cash	0.21	5.1%
2005-12-31	0.01	0.05	-0.04Net Cash	0.21	5.0%
2005-09-30	0.01	0.04	-0.03Net Cash	0.19	5.6%
2005-06-30	0.01	0.03	-0.02Net Cash	0.18	6.2%
2005-03-31	0.04	0.01	0.03	0.16	26.9%
2004-12-31	0.05	0.04	0.01	0.16	28.8%
2003-12-31	0.04	0.05	-0.01Net Cash	0.14	30.9%