Strategic Education Inc (STRA)

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

The debt-to-equity ratio of Strategic Education Inc has consistently been at 0.00 for each reporting period from March 31, 2020, to December 31, 2024. This indicates that the company has been utilizing zero debt to finance its operations and growth, relying solely on equity financing. A debt-to-equity ratio of 0.00 signifies that the company has either no debt or a minimal amount compared to its equity, implying a low financial risk and a strong financial position. This stability in the debt-to-equity ratio suggests that the company has managed its capital structure prudently and has not taken on excessive debt levels that could potentially pose a risk to its financial health.