Stride Inc (LRN)

Debt-to-capital 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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,479,620 1,417,370 1,318,100 1,214,350 1,176,020 1,103,210 1,032,680 958,493 947,296 899,361 841,899 786,823 812,581 780,570 734,233 719,906 804,648 786,779 752,429 719,021
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 consistently measures 0.00 across all observed dates from September 30, 2020, through June 30, 2025. This indicates that during this period, the company has maintained an entirely equity-financed capital structure, with no reported long-term or short-term debt obligations. The persistent absence of debt suggests a strategic choice to operate without leverage, potentially reflecting a solid liquidity position, a conservative financial approach, or a capital structure that relies solely on shareholders' equity. This zero debt-to-capital ratio demonstrates that Stride Inc has not engaged in financing through debt issuance, and as such, the company's financial leverage remains effectively nil throughout the analyzed timeline.