Strategic Education (STRA) Debt Ratio (2011 - 2024)
Strategic Education's Debt Ratio was 0.03 in Q2 2024, down 40.4% from 0.05 a year earlier and down 0.9% from the prior quarter.
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Analysis
Strategic Education (STRA) Debt Ratio (2011 - 2024) Analysis & Trends
From Q1 2011 onward, Strategic Education has reported Debt Ratio for 33 quarters.
- Debt Ratio has now declined for three consecutive years.
- In earlier years, Debt Ratio was 0.05 in FY2022 (-23.6%), 0.06 in FY2021 (-0.6%) and 0.06 in FY2020.
- The Q2 2024 figure marks the lowest quarterly Debt Ratio in data going back to Q1 2011.
- Compared with a year earlier, Debt Ratio has declined for seven straight quarters, with an average decline of 29.8% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q2 2022 (growth of 4.3%); the worst was Q3 2023 (a decline of 54.6%).
- Per Business Quant data, STRA's Debt Ratio in the three quarters before Q2 2024 was 0.03 (Q1 2024), 0.03 (Q4 2023) and 0.03 (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 11.15 Bn | 10.15 Bn | 273.50 Mn | 0.28 |
| 2 | New Oriental Education & Technology | 9.53 Bn | -1.61 Bn | 5,600.00 | 0.03 |
| 3 | TAL Education | 7.16 Bn | -5.83 Bn | 438.20 Mn | - |
| 4 | Laureate Education | 5.43 Bn | 4.73 Bn | 237.67 Mn | 0.09 |
| 5 | Graham Holdings | 5.11 Bn | 202.28 Mn | 392.03 Mn | 0.11 |
| 6 | Covista | 4.47 Bn | 3.59 Bn | 284.63 Mn | 0.22 |
| 7 | Valvoline | 4.04 Bn | 3.75 Bn | 214.90 Mn | 0.46 |
| 8 | Bright Horizons Family Solutions | 3.63 Bn | 3.07 Bn | 188.96 Mn | 0.34 |
| 9 | Stride | 3.55 Bn | 446.85 Mn | 217.28 Mn | 0.17 |
| 10 | Strategic Education | 1.77 Bn | 1.16 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 |
| 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 |
API Access
Strategic Education Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=STRA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "STRA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=STRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();