Strategic Education (STRA) Debt Ratio (2011 - 2024)
Strategic Education (STRA) reported Debt Ratio of 0.03 for Q2 2024, down 40.45% on a YoY basis from 0.05 in Q3 2023, and down 0.91% quarter-over-quarter from 0.03 in Q1 2024.
Strategic Education (STRA) Debt Ratio (2011 - 2024) Analysis & Trends
Strategic Education has reported Debt Ratio for 10 years, with the latest figure at 0.03 in Q2 2024.
- For the quarter ending Q2 2024, Debt Ratio fell 40.45% year-over-year to 0.03; the trailing twelve-month figure through Jun 2024 stood at 0.03 (down 40.45% YoY), and the FY2023 full-year result was 0.03, down 38.4% from the prior year.
- Debt Ratio for Q2 2024 stood at 0.03, down from 0.03 in the prior quarter.
- The five-year high for Debt Ratio was 0.06 in Q3 2022, with the low at 0.03 in Q2 2024.
- Historically, Debt Ratio has averaged 0.05 across 5 years, with a median of 0.06 in 2021.
- Annual changes were most pronounced in 2022 — Debt Ratio increased 4.33% — and 2023, when it sank 54.56%.
- Strategic Education's Debt Ratio 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | 0.05 |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | 0.09 |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 0.10 |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 0.18 |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 0.17 |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | - |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | 0.47 |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 0.15 |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | - |
| 10 | Strategic Education | 1.69 Bn | 1.53 Bn | - | - |
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 |
| Jun 30, 2015 | 0.34 |
| Mar 31, 2015 | 0.36 |
| Dec 31, 2014 | 0.39 |
| Sep 30, 2014 | 0.40 |
| Jun 30, 2014 | 0.43 |