Strategic Education (STRA) Interest Coverage Ratio (2016 - 2018)
Quarterly Interest Coverage Ratio fell 69.99% to 25.99 in Q2 2018 from the year-ago period, while the trailing twelve-month figure was 51.83 through Mar 2019, down 173.79% year-over-year, with the annual reading at 81.32 for FY2017, 9.16% down from the prior year.
Strategic Education filings provide 8 years of Interest Coverage Ratio readings, the most recent being 25.99 for Q2 2018.
- Interest Coverage Ratio hit 25.99 in Q2 2018 for Strategic Education, down from 71.25 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 134.51 in Q4 2015 and bottomed at 6.34 in Q3 2015.
- Average Interest Coverage Ratio over 5 years is 56.48, with a median of 40.38 recorded in 2016.
- The largest annual shift saw Interest Coverage Ratio surged 704.96% in 2016 before it tumbled 69.99% in 2018.
- Strategic Education's Interest Coverage Ratio stood at 17.36 in 2014, then soared by 674.69% to 134.51 in 2015, then decreased by 9.24% to 122.07 in 2016, then tumbled by 40.53% to 72.6 in 2017, then plummeted by 64.2% to 25.99 in 2018.
- Per Business Quant, the three most recent readings for STRA's Interest Coverage Ratio are 25.99 (Q2 2018), 71.25 (Q1 2018), and 72.6 (Q4 2017).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | - |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 3.56 |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | -8.77 |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | - |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | - |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 41.36 |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 0.34 |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 7.65 |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2018 | 25.99 |
| Mar 31, 2018 | 71.25 |
| Dec 31, 2017 | 72.60 |
| Sep 30, 2017 | 50.77 |
| Jun 30, 2017 | 86.59 |
| Mar 31, 2017 | 115.99 |
| Dec 31, 2016 | 122.07 |
| Sep 30, 2016 | 30.00 |
| Jun 30, 2016 | 80.60 |