American Public Education, Inc. (APEI) financial statements (2021 and earlier)

Company profile

Business Address 111 W CONGRESS STREET
CHARLES TOWN, WV 25414
State of Incorp. DE
Fiscal Year End December 31
SIC 82 - Educational Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments   179146106116
Cash and cash equivalents   179146106116
Restricted cash and investments112 234
Receivables1813157788
Prepaid expense67555116
Other undisclosed current assets226201210 332
Total current assets:252223233191164131136
Noncurrent Assets
Operating lease, right-of-use asset912
Property, plant and equipment6878879298109102
Long-term investments and receivables10111212151612
Long-term investments10111212151612
Intangible assets, net (including goodwill)27273434343945
Goodwill27273434343939
Intangible assets, net (excluding goodwill)      7
Disposal group, including discontinued operation, noncurrent assets    2  
Other noncurrent assets5569999
Other undisclosed noncurrent assets      (7)
Total noncurrent assets:119132138148157173162
TOTAL ASSETS:371355371339321304298
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities31262624222124
Accounts payable44997611
Accrued liabilities118413141513
Employee-related liabilities161413    
Taxes payable0  21  
Deferred revenue2217
Debt 2     
Deferred revenue and credits19211713
Contract with customer, liability18
Other undisclosed current liabilities2    1210
Total current liabilities:55454443425148
Noncurrent Liabilities
Long-term debt and lease obligation69     
Operating lease, liability69
Liabilities, other than long-term debt33  141615
Deferred tax liabilities, net  141615
Deferred income tax liabilities33
Other undisclosed noncurrent liabilities  56   
Total noncurrent liabilities:91356141615
Total liabilities:64585050566764
Stockholders' equity
Stockholders' equity attributable to parent307297321289265237234
Common stock0000000
Additional paid in capital196191187181177174170
Retained earnings111106134109876364
Total stockholders' equity:307297321289265237234
TOTAL LIABILITIES AND EQUITY:371355371339321304298

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues322286298299313328350
Revenue, net299313328350
Cost of revenue(122)(112)(115)(116)(117)(118)(124)
Cost of goods and services sold(122)(112)(115)    
Gross profit:200174182183196210226
Operating expenses(175)(162)(150)(148)(158)(158)(161)
Operating income:25133335385266
Other undisclosed income from continuing operations before equity method investments, income taxes1430000
Income from continuing operations before equity method investments, income taxes:26173535385266
Income (loss) from equity method investments(0)  (2)10(0)
Income from continuing operations before income taxes:26173533395266
Income tax expense(7)(5)(9)(11)(15)(20)(25)
Net income:19112621243241
Other undisclosed net loss attributable to parent (1)(1)    
Net income available to common stockholders, diluted:19102621243241

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:19112621243241
Comprehensive income, net of tax, attributable to parent:19112621243241

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: