ASHLAND UNIVERSITY
Balance Sheet
Fiscal Year Start:
Jun 1
Assets in 2024 (Year End)
$307,723,329
Property, Plant, & Equipment (net)
53%
Investments
24%
Cash & Equivalents
11%
Receivables (Non-Related)
10%
Other Assets
1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$96,236,168
Tax-Exempt Bond Liabilities
60%
Payables & Accruals
20%
Deferred Revenue
16%
Other Liabilities
4%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$35,502,784
$33,194,264
-7%
Receivables (Non-Related)
$38,321,381
$30,258,927
-21%
Related-Party Receivables
-
-
-
Inventories
$622,320
$590,111
-5%
Prepaid Expenses
$1,176,181
$1,238,004
+5%
Investments
$63,516,624
$74,913,675
+18%
Property, Plant, & Equipment (net)
$162,657,764
$163,367,625
+0%
Other Assets
$4,032,501
$4,160,723
+3%
Total Assets
$305,829,555
$307,723,329
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$19,552,873
$19,621,939
+0%
Grants Payable
-
-
-
Deferred Revenue
$14,361,291
$15,134,672
+5%
Tax-Exempt Bond Liabilities
$59,342,291
$57,980,461
-2%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$100,000
$0
-100%
Related-Party Payables
-
-
-
Other Liabilities
$3,854,719
$3,499,096
-9%
Total Liabilities
$97,211,174
$96,236,168
-1%
Net assets
2023
2024
Change
Restricted Net Assets
$87,328,598
$88,204,839
+1%
Unrestricted Net Assets
$121,289,783
$123,282,322
+2%
Net assets
2023
2024
Change
Net assets
+$208,618,381
+$211,487,161
+1%
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