Strategic Education Inc (STRA)

Debt-to-capital 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 stockholders’ equity US$ in thousands 1,662,500 1,716,800 1,678,100 1,642,580 1,652,520 1,594,750 1,598,610 1,610,430 1,635,790 1,598,480 1,651,920 1,724,310 1,713,990 1,695,060 1,733,180 1,735,920 1,748,320 1,705,060 1,484,550 1,459,150
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,662,500K)
= 0.00

The debt-to-capital ratio for Strategic Education Inc has consistently been 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a source of capital to fund its operations and investments during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily equity-financed, which may be viewed positively by investors and lenders as it implies lower financial risk and leverage. It may also indicate that the company has sufficient internal resources or equity financing to support its growth and operations without taking on significant debt.