Perdoceo Education Corporation

Perdoceo Education Corporationverified

PRDO

Price:

$22.29

Market Cap:

$1.46B

Perdoceo Education Corporation provides postsecondary education through online, campus-based, and blended learning programs in the United States. The company operates in two segments, Colorado Technical University and American InterContinental University. It offers academic programs in the career-oriented disciplines of business and management, nursing, healthcare management, computer science, engineering, information systems and technology, project management, cybersecurity, and criminal justice, as well as business studies, information technologies, education, and health sciences. The company also operates intellipath, a personalized learning platform; and a mobile application and two-way ...[Read more]

Industry

Education & Training Services

IPO Date

1998-01-29

Stock Exchange

NASDAQ

Ticker

PRDO

The Current Ratio as of September 2024 (TTM) for Perdoceo Education Corporation (PRDO) is 5.43

According to Perdoceo Education Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 5.43. This represents a change of 3.00% compared to the average of 5.27 of the last 4 quarters.

Perdoceo Education Corporation (PRDO) Historical Current Ratio (quarterly & annually)

How has PRDO Current Ratio performed in the past?

The mean historical Current Ratio of Perdoceo Education Corporation over the last ten years is 3.08. The current 5.43 Current Ratio has changed 17.51% with respect to the historical average. Over the past ten years (40 quarters), PRDO's Current Ratio was at its highest in in the December 2023 quarter at 5.90. The Current Ratio was at its lowest in in the December 2016 quarter at 1.47.

Quarterly (TTM)
Annual

Average

3.08

Median

3.12

Minimum

1.47

Maximum

5.90

Perdoceo Education Corporation (PRDO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Perdoceo Education Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 67.57%

Maximum Annual Current Ratio = 5.90

Minimum Annual Increase = -20.82%

Minimum Annual Current Ratio = 1.47

Quarterly (TTM)
Annual
YearCurrent RatioChange
20235.9067.57%
20223.52-10.96%
20213.95-12.12%
20204.5029.60%
20193.4725.04%
20182.7848.47%
20171.8727.49%
20161.47-2.13%
20151.50-20.82%
20141.89-14.65%

Perdoceo Education Corporation (PRDO) Average Current Ratio

How has PRDO Current Ratio performed in the past?

The current Current Ratio of Perdoceo Education Corporation (PRDO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

4.46

5-year avg

4.27

10-year avg

3.08

Perdoceo Education Corporation (PRDO) Current Ratio vs. Peers

How is PRDO’s Current Ratio compared to its peers?

Perdoceo Education Corporation’s Current Ratio is greater than Lincoln Educational Services Corporation (1.78), greater than Adtalem Global Education Inc. (0.86), greater than Arco Platform Limited (1.26), greater than Grand Canyon Education, Inc. (3.63), greater than Strategic Education, Inc. (1.57), greater than American Public Education, Inc. (2.83), greater than Laureate Education, Inc. (0.76), greater than Afya Limited (1.47), less than Stride, Inc. (0), greater than Tarena International, Inc. (5.10), greater than Bright Scholar Education Holdings Limited (0.24), greater than China Liberal Education Holdings Limited (0.69), less than Gravitas Education Holdings, Inc. (10.53), greater than null (1.28),

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