Strategic Education (STRA) Debt Ratio (2011 - 2024)
Strategic Education's (STRA) quarterly Debt Ratio came in at 0.03 in Q2 2024, down 40.45% YoY from 0.05 in Q3 2023, and down 0.91% on a QoQ basis from 0.03 in Q1 2024.
Analysis
Strategic Education (STRA) Debt Ratio (2011 - 2024) Analysis & Trends
Strategic Education (STRA) has 13 years of Debt Ratio data on file, last reported at 0.03 in Q2 2024.
- Quarterly Debt Ratio fell 40.45% year-over-year to 0.03 in Q2 2024, while the trailing twelve-month figure through Jun 2024 was 0.03 (down 40.45% YoY) and the FY2023 annual result came in at 0.03, down 38.4% from the prior year.
- Debt Ratio slipped to 0.03 in Q2 2024, from 0.03 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.06 in Q3 2022 to a low of 0.03 in Q2 2024.
- A 5-year average of 0.05 and a median of 0.06 in 2021 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2022 — Debt Ratio increased 4.33% — and 2023, when it sank 54.56%.
- Tracing STRA's Debt Ratio over 5 years: stood at 0.06 in 2020, then decreased by 0.57% to 0.06 in 2021, then slipped by 23.63% to 0.05 in 2022, then tumbled by 38.4% to 0.03 in 2023, then slipped by 2.52% to 0.03 in 2024.
- The last three Debt Ratio figures came in at 0.03 (Q2 2024), 0.03 (Q1 2024), and 0.03 (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 94.41 Bn | 91.67 Bn | 812.22 Mn | - |
| 2 | Laureate Education | 5.12 Bn | 4.96 Bn | 237.67 Mn | 0.09 |
| 3 | Graham Holdings | 4.77 Bn | 3.52 Bn | 777.03 Mn | 0.11 |
| 4 | Covista | 4.52 Bn | 4.11 Bn | 284.63 Mn | 0.22 |
| 5 | Grand Canyon Education | 3.97 Bn | 3.70 Bn | 204.08 Mn | - |
| 6 | Stride | 3.66 Bn | 2.71 Bn | 217.28 Mn | 0.34 |
| 7 | McGraw Hill | 2.53 Bn | 2.33 Bn | 439.20 Mn | 0.48 |
| 8 | Perdoceo Education | 2.07 Bn | 768.24 Mn | 162.46 Mn | - |
| 9 | TAL Education | 1.94 Bn | -740.46 Mn | 227.32 Mn | - |
| 10 | Strategic Education | 1.76 Bn | 1.63 Bn | - | - |
Historic Data
Download Data
Historic 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 |
| Dec 31, 2018 | 0.00 |
| Sep 30, 2018 | 0.83 |
| Jun 30, 2018 | 0.01 |
| Mar 31, 2018 | 0.01 |
| Dec 31, 2017 | 0.01 |