Financial Analysis
Corinthian Colleges Inc (NASDAQ:COCO) generated the total revenue of $414.04 million for the quarter ended September 30th, 2011 as compared to revenue of $500.41 million for the same period last year. The company reported the net loss of $9.64 million or loss of $0.04 per share for the respective quarter as compared to net income of $33.11 million or earnings of $0.38 per share last year.
The company’s total assets accumulate up to $1.05 billion out of which fixed assets have the highest proportion. The company maintains a strong short term liquidity position as per its current ratio of 1.37 times.
Regards,
Don
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