Stride Inc (LRN)
Quick 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 782,497 | 528,547 | 515,049 | 317,765 | 500,614 | 376,577 | 354,387 | 254,626 | 410,807 | 373,678 | 318,279 | 194,524 | 389,398 | 308,564 | 256,986 | 218,519 | 386,080 | 329,031 | 258,107 | 308,784 |
| Short-term investments | US$ in thousands | 202,769 | 195,144 | 202,447 | 204,473 | 191,672 | 174,900 | 151,200 | 105,300 | 108,618 | 79,300 | 82,900 | 75,089 | 63,000 | 61,200 | 51,500 | — | 17,300 | 3,800 | 3,100 | — |
| Receivables | US$ in thousands | 559,646 | 699,817 | 582,548 | 675,709 | 472,754 | 577,792 | 509,635 | 629,600 | 463,722 | 474,663 | 442,166 | 543,705 | 418,558 | 422,615 | 430,436 | 519,393 | 369,303 | 422,786 | 435,254 | 419,615 |
| 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 |
| Quick ratio | 5.10 | 5.28 | 5.64 | 5.19 | 4.77 | 4.01 | 4.21 | 3.31 | 3.18 | 3.26 | 3.38 | 2.81 | 2.88 | 3.17 | 3.10 | 2.59 | 2.52 | 2.97 | 3.05 | 3.09 |
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. from September 30, 2020, through June 30, 2025, exhibits a consistent and generally strong liquidity position. Beginning at 3.09 in September 2020, the ratio experienced minor fluctuations but maintained an overall high level, indicative of ample liquid assets relative to current liabilities. Over the subsequent quarters, the ratio showed slight declines—reaching a low of 2.52 in June 2021—yet remained comfortably above 2.0, reflecting a solid liquidity buffer.
From late 2021 onward, the quick ratio entered a notable upward trend. By December 2021, it increased to 3.10, continuing upward to reach 4.21 as of December 2023. The steady upward trajectory persisted into 2024 and 2025, with ratios reaching as high as 5.64 in December 2024—a significant enhancement in immediate liquidity. The data indicate that Stride Inc. has substantially improved its ability to satisfy short-term obligations without relying on inventory sales, as evidenced by the increasing quick ratio.
This sustained increase suggests prudent management of liquid assets, possibly through improved cash reserves, marketable securities, or reduction of current liabilities. Overall, the company's liquidity position remains robust and increasingly conservative, reflecting a strong capacity to meet short-term liabilities through liquid assets throughout the analyzed period.
Peer comparison
Jun 30, 2025