Stride Inc (LRN)
Quick ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 782,497 | 500,614 | 410,807 | 389,398 | 386,080 |
| Short-term investments | US$ in thousands | 202,769 | 191,672 | 108,618 | 63,000 | 17,300 |
| Receivables | US$ in thousands | 559,646 | 472,754 | 463,722 | 418,558 | 369,303 |
| Total current liabilities | US$ in thousands | 302,879 | 244,280 | 309,135 | 302,073 | 306,244 |
| Quick ratio | 5.10 | 4.77 | 3.18 | 2.88 | 2.52 |
June 30, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($782,497K
+ $202,769K
+ $559,646K)
÷ $302,879K
= 5.10
The quick ratio of Stride Inc. demonstrates a consistent upward trend over the analyzed period from June 30, 2021, through June 30, 2025. Specifically, the ratio increased from 2.52 in 2021 to 2.88 in 2022, indicating an improvement in the company's ability to meet its short-term liabilities with its most liquid assets. This upward movement continues with a notable rise to 3.18 in 2023, further strengthening the company's liquidity position. The ratio then experiences significant increases, reaching 4.77 in 2024 and culminating at 5.10 in 2025. Such a trajectory reflects a progressively more conservative liquidity stance, with the company maintaining rapidly accessible assets that substantially exceed its current liabilities. Overall, the steady enhancement of the quick ratio suggests improved liquidity management and a robust short-term financial position for Stride Inc. over the analyzed timeframe.
Peer comparison
Jun 30, 2025