Strategic Education Inc (STRA)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 2,049,740 | 2,125,210 | 2,161,750 | 2,305,880 | 2,295,810 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,049,740K
= 0.00
Based on the data provided, Strategic Education Inc's debt-to-assets ratio has consistently been 0.00 for the years 2020 through 2024. This indicates that the company has not had any debt relative to its total assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's assets are entirely financed by equity, which can be seen as a positive indicator of financial stability and sound management. A low or zero debt-to-assets ratio suggests that the company is not heavily reliant on borrowing to fund its operations and investments, which can reduce financial risk and improve long-term sustainability. Overall, Strategic Education Inc's consistent zero debt-to-assets ratio highlights a strong financial position and prudent use of capital.
Peer comparison
Dec 31, 2024