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% 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 (STRA) has reported Debt Ratio for 13 consecutive years, with 0.03 the latest figure, recorded 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 fell to 0.03 in Q2 2024 per STRA's latest filing, from 0.03 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.06 in Q3 2022 and bottomed at 0.03 in Q2 2024.
- Historically, Debt Ratio has averaged 0.05 across 5 years, with a median of 0.06 in 2021.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio rose 4.33% in 2022, then slumped 54.56% in 2023.
- Over 5 years, Debt Ratio stood at 0.06 in 2020, then dropped by 0.57% to 0.06 in 2021, then declined by 23.63% to 0.05 in 2022, then sank by 38.4% to 0.03 in 2023, then declined by 2.52% to 0.03 in 2024.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.03, 0.03, and 0.03 for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 10.64 Bn | 10.38 Bn | 273.50 Mn | 0.29 |
| 2 | New Oriental Education & Technology | 8.69 Bn | 6.29 Bn | -19,600.00 | 0.00 |
| 3 | Laureate Education | 5.06 Bn | 4.90 Bn | 237.67 Mn | 0.09 |
| 4 | Graham Holdings | 4.89 Bn | 3.68 Bn | 777.03 Mn | 0.11 |
| 5 | Covista | 4.19 Bn | 3.78 Bn | 284.63 Mn | 0.22 |
| 6 | Valvoline | 3.67 Bn | 3.58 Bn | 214.90 Mn | 0.47 |
| 7 | Bright Horizons Family Solutions | 3.28 Bn | 3.11 Bn | 188.96 Mn | 0.34 |
| 8 | Stride | 3.26 Bn | 2.30 Bn | 217.28 Mn | 0.34 |
| 9 | TAL Education | 2.28 Bn | -596.06 Mn | 438.20 Mn | - |
| 10 | Strategic Education | 1.74 Bn | 1.61 Bn | - | - |
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 |
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_KEY
import 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();