Strategic Education Inc (STRA)

Debt-to-equity ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,662,500 1,652,520 1,635,790 1,713,990 1,748,320
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,662,500K
= 0.00

The debt-to-equity ratio for Strategic Education Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period, and its operations are primarily financed through equity. A debt-to-equity ratio of 0.00 signifies that the company has no financial leverage and is not relying on borrowing to fund its operations or growth. It suggests that Strategic Education Inc has a strong financial position with no significant debt obligations relative to its equity.