Strategic Education Inc (STRA)
Interest coverage
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 95,321 | 68,744 | 50,922 | 55,970 | 70,760 | 70,977 | 70,518 | 75,353 | 73,912 | 49,656 | 57,730 | 77,425 | 109,384 | 142,989 | 147,567 | 128,768 | 110,532 | 92,194 | 15,067 | -7,737 |
Interest expense (ttm) | US$ in thousands | 557 | 554 | 552 | 552 | 552 | 552 | 552 | 552 | 552 | 630 | 575 | 521 | 466 | 333 | 333 | 333 | 333 | 333 | 139 | 216 |
Interest coverage | 171.13 | 124.09 | 92.25 | 101.39 | 128.19 | 128.58 | 127.75 | 136.51 | 133.90 | 78.82 | 100.40 | 148.61 | 234.73 | 429.40 | 443.14 | 386.69 | 331.93 | 276.86 | 108.40 | -35.82 |
December 31, 2023 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $95,321K ÷ $557K
= 171.13
I'm sorry, but the table you provided does not include the specific data for interest coverage for Strategic Education Inc across the mentioned quarters. In order to conduct a comprehensive analysis of the interest coverage ratio, we would need the values of operating income or EBIT (Earnings Before Interest and Taxes) and the interest expense for each quarter to calculate the interest coverage ratio. Once we have this data, we can analyze the trend of the interest coverage ratio over time to assess the company's ability to meet its interest obligations.
Peer comparison
Dec 31, 2023
Company name
Symbol
Interest coverage
Strategic Education Inc
STRA
171.13
Adtalem Global Education Inc
ATGE
3.56
Graham Holdings Co
GHC
5.62
Grand Canyon Education Inc
LOPE
7,869.94
Perdoceo Education Corp
PRDO
476.55
Stride Inc
LRN
72.16