Stride Inc (LRN)
Current ratio
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,632,730 | 1,512,980 | 1,388,480 | 1,291,330 | 1,245,450 | 1,209,080 | 1,088,870 | 1,080,280 | 1,065,200 | 1,006,810 | 928,815 | 931,137 | 950,534 | 871,579 | 816,131 | 857,579 | 857,530 | 830,205 | 768,477 | 805,491 |
| Total current liabilities | US$ in thousands | 302,879 | 269,567 | 230,660 | 230,655 | 244,280 | 281,961 | 240,902 | 299,136 | 309,135 | 284,247 | 249,258 | 289,245 | 302,073 | 250,179 | 238,198 | 284,634 | 306,244 | 254,802 | 228,611 | 235,994 |
| Current ratio | 5.39 | 5.61 | 6.02 | 5.60 | 5.10 | 4.29 | 4.52 | 3.61 | 3.45 | 3.54 | 3.73 | 3.22 | 3.15 | 3.48 | 3.43 | 3.01 | 2.80 | 3.26 | 3.36 | 3.41 |
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 reveals a consistent pattern of liquidity management. Starting from a ratio of 3.41 as of September 30, 2020, the current ratio experienced minor fluctuations, reflecting stability in the company's short-term liquidity position. It dipped slightly to 3.26 by March 31, 2021, and reached its lowest point during this period at 2.80 on June 30, 2021. Subsequently, the ratio recovered and remained above 3.00 through most of 2021 and into early 2022, indicating a solid buffer of current assets over current liabilities.
From late 2022 onward, there is a noticeable upward trend in the current ratio, culminating at 4.52 as of December 31, 2023. This substantial increase suggests a strengthening of the company's liquidity position, with current assets growing relative to current liabilities. The upward trajectory continues into 2024 and 2025, with ratios reaching as high as 6.02 in December 2024 and maintaining a strong position above 5.00 through March 2025.
The overall trend indicates that Stride Inc. has been improving its liquidity position over the analyzed period. The rising current ratio suggests enhanced short-term asset coverage, potentially reflecting a conservative approach to liquidity management, improved working capital, or strategic accumulation of current assets. The maintained ratios well above the general benchmark of 1.0 suggest the company is well-positioned to meet its short-term obligations comfortably. However, the sustained high ratios could also imply that excess liquidity might not be efficiently deployed for growth or investment opportunities, warranting further analysis of asset utilization.
Peer comparison
Jun 30, 2025