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.
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 0.00 |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | 0.05 |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 0.09 |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 0.11 |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 0.22 |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | - |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 0.34 |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 0.47 |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | - |
| 10 | Strategic Education | 1.74 Bn | 1.61 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 |
| Dec 31, 2018 | 0.00 |
| Sep 30, 2018 | 0.00 |
| Jun 30, 2018 | 2.09 |
| Mar 31, 2018 | 0.01 |
| Dec 31, 2017 | 0.01 |