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Strategic Education (Strategic Education) Interest Expense : $0 Mil (TTM As of Mar. 2024)


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What is Strategic Education Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Strategic Education's interest expense for the three months ended in Mar. 2024 was $ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $0 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Strategic Education's Operating Income for the three months ended in Mar. 2024 was $ 36 Mil. Strategic Education's Interest Expense for the three months ended in Mar. 2024 was $ 0 Mil. GuruFocus does not calculate Strategic Education's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Strategic Education Interest Expense Historical Data

The historical data trend for Strategic Education's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Strategic Education Interest Expense Chart

Strategic Education Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
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Strategic Education Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Strategic Education Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Strategic Education  (NAS:STRA) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Strategic Education's Interest Expense for the three months ended in Mar. 2024 was $0 Mil. Its Operating Income for the three months ended in Mar. 2024 was $36 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $178 Mil.

Strategic Education's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Strategic Education's interest coverage with the available data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Strategic Education (Strategic Education) Business Description

Traded in Other Exchanges
Address
2303 Dulles Station Boulevard, Herndon, VA, USA, 20171
Strategic Education Inc. is an education services company that provides access to high-quality education through campus-based and online post-secondary education offerings, as well as through programs to develop job-ready skills for high-demand markets. The company operates through wholly-owned subsidiaries Strayer University and Capella University, both accredited post-secondary institutions of higher education located in the United States, as well as Torrens University, an accredited post-secondary institution of higher education located in Australia. It provide employees with access to affordable and industry relevant training, certificate, and degree programs.
Executives
Viet D Dinh director GEORGETOWN UNIVERSITY LAW CENTER, 600 NEW JERSEY AVENUE NW, WASHINGTON DC 20001
Robert R Grusky director C/O STRAYER EDUCATION INC, 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Raymond Karl Mcdonnell officer: President and COO C/O STRAYER EDUCATION INC, 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Daniel Wayne Jackson officer: Vice President - Operations C/O STRAYER EDUCATION INC., 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Michael Thawley director C/O STRATEGIC EDUCATION, INC., 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Robert S Silberman director, officer: Chairman & CEO C/O STRAYER EDUCATION INC, 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Michael A. Mcrobbie director C/O STRATEGIC EDUCATION, INC., 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
William J Slocum director C/O INCLUSIVE CAPITAL PARTNERS, L.P., 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Tal Darmon officer: Chief Accounting Officer 650 SOUTH EXETER STREET, BALTIMORE MD 21202
Jerry Lavell Johnson director 512 HERNDON PARKWAY, SUITE A, HERNDON VA 20170
Casteen John T Iii director 301 S. COLLEGE STREET, 30TH FLOOR, NC0630, CHARLOTTE NC 28288-0630
J Kevin Gilligan director, officer: Executive Vice Chairman P O BOX 1441, MINNEAPOLIS MN 55440-1441
Andrew E Watt officer: Chief Operating Officer 225 SOUTH SIXTH STREET, 9TH FLOOR, MINNEAPOLIS MN 55402
Lizette Benedi Herraiz officer: SVP and General Counsel 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Thomas J Aprahamian officer: Chief Accounting Officer 2303 DULLES STATION BOULEVARD, HERNDON VA 20171

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