Strategic Education (STRA) Debt to Equity (2020 - 2024)
Quarterly Debt to Equity fell 42.33% to $0.04 in Q2 2024 from the year-ago period, while the trailing twelve-month figure was $0.04 through Jun 2024, down 42.33% year-over-year, with the annual reading at $0.04 for FY2023, 40.06% down from the prior year.
Strategic Education filings provide 10 years of Debt to Equity readings, the most recent being $0.04 for Q2 2024.
- Debt to Equity hit $0.04 in Q2 2024 for Strategic Education, down from $0.04 in the prior quarter.
- Across five years, Debt to Equity topped out at $0.09 in Q3 2022 and bottomed at $0.04 in Q2 2024.
- Average Debt to Equity over 5 years is $0.07, with a median of $0.08 recorded in 2020.
- The largest annual shift saw Debt to Equity rose 5.77% in 2022 before it tumbled 56.53% in 2023.
- Strategic Education's Debt to Equity stood at $0.08 in 2020, then rose by 1.86% to $0.08 in 2021, then dropped by 24.99% to $0.06 in 2022, then crashed by 40.06% to $0.04 in 2023, then dropped by 1.64% to $0.04 in 2024.
- Per Business Quant, the three most recent readings for STRA's Debt to Equity are $0.04 (Q2 2024), $0.04 (Q1 2024), and $0.04 (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | -0.11 |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 0.17 |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 0.21 |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | - |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 0.25 |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | - |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 0.38 |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 0.03 |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 0.29 |
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 |