Stride Balance Sheet Health
Financial Health criteria checks 5/6
Stride has a total shareholder equity of $1.2B and total debt of $414.7M, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are $1.9B and $744.4M respectively. Stride's EBIT is $249.6M making its interest coverage ratio -14.9. It has cash and short-term investments of $692.3M.
Key information
35.3%
Debt to equity ratio
US$414.68m
Debt
| Interest coverage ratio | -14.9x |
| Cash | US$692.29m |
| Equity | US$1.18b |
| Total liabilities | US$744.44m |
| Total assets | US$1.92b |
Recent financial health updates
Does Stride (NYSE:LRN) Have A Healthy Balance Sheet?
May 12
Is Stride (NYSE:LRN) Using Too Much Debt?
Nov 15These 4 Measures Indicate That Stride (NYSE:LRN) Is Using Debt Safely
Jul 07Is Stride (NYSE:LRN) A Risky Investment?
Mar 23Stride (NYSE:LRN) Could Easily Take On More Debt
Nov 16Stride (NYSE:LRN) Has A Rock Solid Balance Sheet
Jul 20Recent updates
Here's Why We Think Stride (NYSE:LRN) Is Well Worth Watching
Aug 26Stride: Boring Sector, Interesting Expected Returns
Aug 25Stride: Great Cost Management, Continued Enrollment Momentum In Q4
Aug 08With Stride, Inc. (NYSE:LRN) It Looks Like You'll Get What You Pay For
Jul 27The Return Trends At Stride (NYSE:LRN) Look Promising
Jul 11Stride: Unlocking Growth Potential Through Scalability And Cash On Hand
May 24Does Stride (NYSE:LRN) Have A Healthy Balance Sheet?
May 12Do Stride's (NYSE:LRN) Earnings Warrant Your Attention?
Apr 03Stride, Inc. (NYSE:LRN) Shares Could Be 45% Below Their Intrinsic Value Estimate
Mar 14Investors Appear Satisfied With Stride, Inc.'s (NYSE:LRN) Prospects
Feb 11Results: Stride, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Jan 27Stride (NYSE:LRN) Is Looking To Continue Growing Its Returns On Capital
Jan 20An Overview Of Stride In The EdTech Landscape
Jan 03Is There An Opportunity With Stride, Inc.'s (NYSE:LRN) 25% Undervaluation?
Dec 14Do Stride's (NYSE:LRN) Earnings Warrant Your Attention?
Dec 01Is Stride (NYSE:LRN) Using Too Much Debt?
Nov 15Stride: Empowering Growth Amid Rising Demand For Alternative Education
Oct 31Stride (NYSE:LRN) Is Looking To Continue Growing Its Returns On Capital
Sep 14Stride: Still My Favorite EdTech Play
Sep 13Stride: Risk/Reward Attractive, But Caution On Enrollment Levels
Aug 26Stride (NYSE:LRN) Ticks All The Boxes When It Comes To Earnings Growth
Aug 23Stride Inc.: An Educated Growth Choice
Jul 31These 4 Measures Indicate That Stride (NYSE:LRN) Is Using Debt Safely
Jul 07Stride (NYSE:LRN) Is Experiencing Growth In Returns On Capital
May 26We Ran A Stock Scan For Earnings Growth And Stride (NYSE:LRN) Passed With Ease
Apr 08Is Stride (NYSE:LRN) A Risky Investment?
Mar 23Stride (NYSE:LRN) Is Experiencing Growth In Returns On Capital
Feb 07Stride: Diversified Education Portfolio Strengthens Fiscal Q2 2023 Results
Jan 30Stride Q2 2023 Earnings Preview
Jan 23If EPS Growth Is Important To You, Stride (NYSE:LRN) Presents An Opportunity
Jan 04Stride (NYSE:LRN) Could Easily Take On More Debt
Nov 16Stride GAAP EPS of -$0.54 misses by $0.40, revenue of $425.12M beats by $5.12M
Oct 25Is Now The Time To Put Stride (NYSE:LRN) On Your Watchlist?
Sep 13Stride Stock: Bullish With Online Learning Here To Stay
Sep 13Stride slide on ambiguous FY2023 outlook despite FQ4 earnings beat
Aug 10Investors Will Want Stride's (NYSE:LRN) Growth In ROCE To Persist
Aug 08Stride (NYSE:LRN) Has A Rock Solid Balance Sheet
Jul 20Stride: Investing In Education Could Be Quite Profitable
Jun 27Do Stride's (NYSE:LRN) Earnings Warrant Your Attention?
Jun 10Returns On Capital Are Showing Encouraging Signs At Stride (NYSE:LRN)
May 09Stride: A Fast Growing And Profitable EduTech
Apr 26Is Stride (NYSE:LRN) Using Too Much Debt?
Apr 08Do Stride's (NYSE:LRN) Earnings Warrant Your Attention?
Mar 06The Return Trends At Stride (NYSE:LRN) Look Promising
Jan 21These 4 Measures Indicate That Stride (NYSE:LRN) Is Using Debt Reasonably Well
Jan 06Financial Position Analysis
Short Term Liabilities: LRN's short term assets ($1.2B) exceed its short term liabilities ($244.3M).
Long Term Liabilities: LRN's short term assets ($1.2B) exceed its long term liabilities ($500.2M).
Debt to Equity History and Analysis
Debt Level: LRN has more cash than its total debt.
Reducing Debt: LRN's debt to equity ratio has increased from 0% to 35.3% over the past 5 years.
Debt Coverage: LRN's debt is well covered by operating cash flow (67.2%).
Interest Coverage: LRN earns more interest than it pays, so coverage of interest payments is not a concern.