Stride Inc (LRN)
Interest coverage
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | — | 272,500 | 171,823 | 156,628 | 138,555 |
| Interest expense | US$ in thousands | 10,504 | 8,812 | 8,404 | 8,277 | 17,979 |
| Interest coverage | 0.00 | 30.92 | 20.45 | 18.92 | 7.71 |
June 30, 2025 calculation
Interest coverage = EBIT ÷ Interest expense
= $—K ÷ $10,504K
= 0.00
The interest coverage ratio for Stride Inc. demonstrates a notable upward trend from June 30, 2021, through June 30, 2024, reflecting an improving capacity to meet interest obligations from operating earnings. Specifically, the ratio increased from 7.71 in 2021 to 18.92 in 2022, signifying a significant enhancement in earnings relative to interest expenses. This positive trajectory continued into 2023, reaching a ratio of 20.45, indicating further strengthening of the company's ability to cover interest costs. By June 30, 2024, the ratio is projected to rise further to 30.92, suggesting a robust financial position with substantial earnings cushion over interest payments. However, the ratio for June 30, 2025, is reported as zero, which indicates that the company either anticipates no interest expense or is potentially facing a period where interest obligations are eliminated or not applicable, such as debt repayment or restructuring. Overall, the historical trend reflects substantial improvement in Stride Inc.'s interest coverage capacity over the observed period, with a potential concern or structural change implied by the 2025 data point.
Peer comparison
Jun 30, 2025