Strategic Education (STRA) Debt Ratio (2020 - 2024)
Quarterly Debt Ratio fell 40.45% to 0.03 in Q2 2024 from the year-ago period, while the trailing twelve-month figure was 0.03 through Jun 2024, down 40.45% year-over-year, with the annual reading at 0.03 for FY2023, 38.4% down from the prior year.
Strategic Education filings provide 10 years of Debt Ratio readings, the most recent being 0.03 for Q2 2024.
- Debt Ratio hit 0.03 in Q2 2024 for Strategic Education, down from 0.03 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.06 in Q3 2022 and bottomed at 0.03 in Q2 2024.
- Average Debt Ratio over 5 years is 0.05, with a median of 0.06 recorded in 2021.
- The largest annual shift saw Debt Ratio rose 4.33% in 2022 before it plummeted 54.56% in 2023.
- Strategic Education's Debt Ratio stood at 0.06 in 2020, then fell by 0.57% to 0.06 in 2021, then dropped by 23.63% to 0.05 in 2022, then plummeted by 38.4% to 0.03 in 2023, then dropped by 2.52% to 0.03 in 2024.
- Per Business Quant, the three most recent readings for STRA's Debt Ratio are 0.03 (Q2 2024), 0.03 (Q1 2024), and 0.03 (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | 0.05 |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 0.10 |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 0.09 |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | - |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 0.17 |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | - |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 0.15 |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 0.01 |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 0.16 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 0.03 |
| Mar 31, 2024 | 0.03 |
| Dec 31, 2023 | 0.03 |
| Sep 30, 2023 | 0.03 |
| Jun 30, 2023 | 0.05 |
| Mar 31, 2023 | 0.05 |
| Dec 31, 2022 | 0.05 |
| Sep 30, 2022 | 0.06 |
| Jun 30, 2022 | 0.06 |
| Mar 31, 2022 | 0.06 |
| Dec 31, 2021 | 0.06 |
| Sep 30, 2021 | 0.06 |
| Jun 30, 2021 | 0.06 |
| Mar 31, 2021 | 0.06 |
| Dec 31, 2020 | 0.06 |