Strategic Education (STRA) Debt to Equity (2011 - 2024)
Strategic Education (STRA) reported Debt to Equity of $0.04 for Q2 2024, down 42.33% on a YoY basis from $0.06 in Q3 2023, and down 2.0% quarter-over-quarter from $0.04 in Q1 2024.
Strategic Education (STRA) Debt to Equity (2011 - 2024) Analysis & Trends
Strategic Education has reported Debt to Equity for 10 years, with the latest figure at $0.04 in Q2 2024.
- For the quarter ending Q2 2024, Debt to Equity fell 42.33% year-over-year to $0.04; the trailing twelve-month figure through Jun 2024 stood at $0.04 (down 42.33% YoY), and the FY2023 full-year result was $0.04, down 40.06% from the prior year.
- Debt to Equity for Q2 2024 stood at $0.04, down from $0.04 in the prior quarter.
- The five-year high for Debt to Equity was $0.09 in Q3 2022, with the low at $0.04 in Q2 2024.
- Historically, Debt to Equity has averaged $0.07 across 5 years, with a median of $0.08 in 2020.
- Annual changes were most pronounced in 2022 — Debt to Equity increased 5.77% — and 2023, when it plunged 56.53%.
- Strategic Education's Debt to Equity stood at $0.08 in 2020, then advanced by 1.86% to $0.08 in 2021, then slipped by 24.99% to $0.06 in 2022, then slumped by 40.06% to $0.04 in 2023, then fell by 1.64% to $0.04 in 2024.
- The last three Debt to Equity figures came in at $0.04 (Q2 2024), $0.04 (Q1 2024), and $0.04 (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | -0.11 |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | 0.21 |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 0.17 |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 0.37 |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 0.25 |
| 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 | 3.54 |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 0.38 |
| 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 | 0.04 |
| Mar 31, 2024 | 0.04 |
| Dec 31, 2023 | 0.04 |
| Sep 30, 2023 | 0.04 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | 0.06 |
| Dec 31, 2022 | 0.06 |
| Sep 30, 2022 | 0.09 |
| Jun 30, 2022 | 0.09 |
| Mar 31, 2022 | 0.08 |
| Dec 31, 2021 | 0.08 |
| Sep 30, 2021 | 0.08 |
| Jun 30, 2021 | 0.08 |
| Mar 31, 2021 | 0.08 |
| Dec 31, 2020 | 0.08 |
| Jun 30, 2015 | 0.96 |
| Mar 31, 2015 | 1.10 |
| Dec 31, 2014 | 1.28 |
| Sep 30, 2014 | 1.54 |
| Jun 30, 2014 | 1.72 |