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
DateValue
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