Strategic Education Inc (STRA)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 304,943 | 329,069 | 329,061 | 367,786 | 286,122 |
| Total current liabilities | US$ in thousands | 216,460 | 209,619 | 209,944 | 195,755 | 200,052 |
| Current ratio | 1.41 | 1.57 | 1.57 | 1.88 | 1.43 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $304,943K ÷ $216,460K
= 1.41
The current ratio of Strategic Education Inc has exhibited fluctuations over the past five years, ranging from 1.41 to 1.88. This ratio indicates the company's ability to cover its short-term obligations with its current assets. In 2021, the current ratio improved to 1.88, suggesting that the company had a stronger ability to meet its short-term liabilities. However, in subsequent years, the ratio decreased to around 1.5, indicating a slight decline in liquidity. Overall, Strategic Education Inc maintains a relatively healthy current ratio, demonstrating its capability to meet its current financial obligations with a comfortable margin.
Peer comparison
Dec 31, 2024