Strategic Education Inc (STRA)

Debt-to-assets ratio

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 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 2,049,740 2,187,520 2,177,520 2,155,240 2,125,210 2,114,100 2,142,110 2,165,770 2,161,750 2,215,250 2,260,260 2,367,880 2,305,880 2,316,120 2,363,310 2,369,440 2,295,810 2,047,320 1,791,560 1,783,820
Debt-to-assets 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

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,049,740K
= 0.00

The debt-to-assets ratio of Strategic Education Inc has consistently been reported as 0.00 across all financial reporting periods from March 31, 2020, to December 31, 2024. This signifies that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 indicates that the company's assets are entirely financed by equity, implying a low risk of financial distress due to debt obligations. This stability in the ratio suggests a conservative financial approach, where the company has minimal reliance on borrowed funds for its operations and investments.