Stride Inc (LRN)
Current ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,632,730 | 1,245,450 | 1,065,200 | 950,534 | 857,530 |
| Total current liabilities | US$ in thousands | 302,879 | 244,280 | 309,135 | 302,073 | 306,244 |
| Current ratio | 5.39 | 5.10 | 3.45 | 3.15 | 2.80 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,632,730K ÷ $302,879K
= 5.39
The analysis of Stride Inc.'s current ratio over the specified period indicates a consistent improvement in liquidity position. As of June 30, 2021, the current ratio stood at 2.80, reflecting a solid ability to cover short-term liabilities with current assets. This ratio increased to 3.15 by June 30, 2022, suggesting an enhancement in liquidity management. The upward trend continued into June 30, 2023, with the ratio reaching 3.45, further strengthening Stride Inc.'s capacity to meet its short-term obligations.
The most notable development occurred between June 30, 2023, and June 30, 2024, when the current ratio surged to 5.10. This significant increase indicates a substantial growth in current assets relative to current liabilities, potentially reflecting improved cash reserves, receivables, or inventory management. The upward trajectory persisted into June 30, 2025, with the ratio reaching 5.39, illustrating sustained liquidity strength.
Overall, the progressive rise in the current ratio over the four-year span suggests that Stride Inc. has been progressively enhancing its liquidity position. While such an increase generally signals reduced liquidity risks, it may also warrant further analysis to determine whether the excess current assets are efficiently utilized or if they might be in non-earning forms. Nonetheless, the trend demonstrates a positive outlook regarding the company's short-term financial health.
Peer comparison
Jun 30, 2025