Stride Inc (LRN)

Debt-to-capital ratio

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,479,620 1,176,020 947,296 812,581 804,648
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00

June 30, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,479,620K)
= 0.00

The debt-to-capital ratio for Stride Inc. has consistently maintained a value of zero across the analyzed periods from June 30, 2021, through June 30, 2025. This indicates that the company has not reported any debt financing during these fiscal years and relies entirely on equity or other sources of capital for its funding. The longstanding absence of debt suggests a conservative capital structure, potentially reflecting a strategic choice to avoid leverage or an inability to secure debt financing. Overall, the persistent zero ratio implies that debt, as a component of the company's capital structure, has not played a significant role in its financial strategy during this period, contributing to a low financial risk profile associated with debt obligations.