Strategic Education Inc (STRA)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,219,930 | 1,132,920 | 1,065,480 | 1,131,690 | 1,027,650 |
| Total assets | US$ in thousands | 2,049,740 | 2,125,210 | 2,161,750 | 2,305,880 | 2,295,810 |
| Total asset turnover | 0.60 | 0.53 | 0.49 | 0.49 | 0.45 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,219,930K ÷ $2,049,740K
= 0.60
The total asset turnover of Strategic Education Inc has shown a steady improvement over the years, increasing from 0.45 in December 31, 2020, to 0.60 in December 31, 2024. This indicates that the company is generating more revenue relative to its total assets, reflecting effective asset utilization and efficiency in generating sales. The consistent upward trend in total asset turnover suggests that Strategic Education Inc is becoming more efficient in utilizing its assets to generate revenue, which is a positive sign for the company's financial health and operational effectiveness.
Peer comparison
Dec 31, 2024