Corinthian Colleges Faces Uphill Battle; Could Still Be Value Play

Corinthian Colleges Inc (NASDAQ:COCO) is a post-secondary education company offering diploma programs, as well as bachelor’s and master’s degrees. In addition, the company provides training programs in healthcare, criminal justice, business, mechanical, trades, and information technology. Corinthian operates 97 schools within the United States and 14 schools within Canada. The number of students enrolled with the company is 81,284. Corinthian’s average daily volume is just under 1.1 million shares and the company has a market capitalization of $168 million. Corinthian Colleges balance sheet A quick glance at Corinthian Colleges Inc (NASDAQ:COCO) reveals that, worryingly, the firm has a short-term liquidity problem….