Company / Interest Expense
Grand Canyon Education Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$33.0K
FY2023
5-year range
$33.0K / $11.3M
FY2019-FY2023
Trend
-99.3%
vs FY2022
Sector context
#63 of 70
Consumer Discretionary
What the data says
Among 70 Consumer Discretionary companies, Grand Canyon Education is in the top 10% for interest expense. Interest Expense has fluctuated over the past 8 years, ranging from $33,000 in FY2023 to $11M in FY2021.
Based on SEC 10-K filings.
$33,000 in FY2023 with a 5-year CAGR of -52.2%.
Improved from $11M to $33,000 over the past 2 years.
Consumer Discretionary sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -80.4%
- 5-Year CAGR
- -52.2%
- 10-Year CAGR
- -
Sector benchmark
Top 10% in Consumer DiscretionaryTop 10% of 70This company $33.0K Sector average $160.8M
▼
-100.0% below sector average
Key checks
Key Insights
- 5-year CAGR of -52.2%, indicating a declining trend.
- In FY2023, interest expense decreased 99.3% year-over-year.
- Ranks #63 out of 70 companies in the Consumer Discretionary sector.
- Peak interest expense was recorded in FY2021.
Company context
Key Data Points
- Altman Z-Score 5.73 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 27.9%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $33.0K | -99.3% |
| FY2022 | $4.4M | -61.1% |
| FY2021 | $11.3M | +157.0% |
| FY2020 | $4.4M | -61.1% |
| FY2019 | $11.3M | +751.7% |
| FY2018 | $1.3M | +6.4% |
| FY2017 | $1.2M | -30.7% |
| FY2016 | $1.8M | +44.3% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026