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