Stride Balance Sheet Health
Financial Health criteria checks 5/6
Stride has a total shareholder equity of $1.2B and total debt of $415.1M, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are $2.0B and $757.6M respectively. Stride's EBIT is $293.4M making its interest coverage ratio -15.3. It has cash and short-term investments of $522.2M.
Key information
34.2%
Debt to equity ratio
US$415.10m
Debt
| Interest coverage ratio | -15.3x |
| Cash | US$522.24m |
| Equity | US$1.21b |
| Total liabilities | US$757.62m |
| Total assets | US$1.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L2RN34's short term assets ($1.3B) exceed its short term liabilities ($230.7M).
Long Term Liabilities: L2RN34's short term assets ($1.3B) exceed its long term liabilities ($527.0M).
Debt to Equity History and Analysis
Debt Level: L2RN34 has more cash than its total debt.
Reducing Debt: L2RN34's debt to equity ratio has increased from 0% to 34.2% over the past 5 years.
Debt Coverage: L2RN34's debt is well covered by operating cash flow (65.6%).
Interest Coverage: L2RN34 earns more interest than it pays, so coverage of interest payments is not a concern.