Stride Inc (LRN)

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

The debt-to-equity ratio of Stride Inc., as represented in the provided data, consistently remains at 0.00 across all reporting periods from September 30, 2020, through June 30, 2025. This indicates that during this timeframe, the company has not reported any debt relative to its equity, suggesting a financial structure that is entirely equity-financed or that debt levels are negligible and not reflected in the ratio. The persistent absence of debt indicates a conservative approach to leverage, potentially implying that the company relies primarily on equity financing for its operations and growth initiatives rather than debt funding. This stable, zero debt-to-equity ratio over multiple years might also reflect effective cash management or strategic decisions to avoid leverage, which could influence the company's risk profile and financial flexibility.