LRN has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
LRN has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Stride's Total Assets for the quarter that ended in Dec. 2023 was $1,782 Mil.
Warning Sign:
If a company builds assets at 24.7% a year, faster than its revenue growth rate of 15.3% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Stride's average Total Assets Growth Rate was 9.70% per year. During the past 3 years, the average Total Assets Growth Rate was 16.20% per year. During the past 5 years, the average Total Assets Growth Rate was 24.70% per year. During the past 10 years, the average Total Assets Growth Rate was 11.30% per year.
During the past 13 years, Stride's highest 3-Year average Total Assets Growth Rate was 78.70%. The lowest was -1.10%. And the median was 26.05%.
Total Assets is connected with ROA %. Stride's annualized ROA % for the quarter that ended in Dec. 2023 was 15.06%. Total Assets is also linked to Revenue through Asset Turnover. Stride's Asset Turnover for the quarter that ended in Dec. 2023 was 0.28.
The historical data trend for Stride's Total Assets 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.
Stride Annual Data | |||||||||||||||||||||
Trend | Jun14 | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 819.61 | 1,073.26 | 1,577.30 | 1,643.55 | 1,760.67 |
Stride Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Total Assets | Get a 7-Day Free Trial | 1,619.29 | 1,699.85 | 1,760.67 | 1,767.65 | 1,782.20 |
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Stride's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as
Total Assets | = | Total Equity (A: Jun. 2023 ) | + | Total Liabilities (A: Jun. 2023 ) |
= | 947.296 | + | 813.37 | |
= | 1,761 |
Stride's Total Assets for the quarter that ended in Dec. 2023 is calculated as
Total Assets | = | Total Equity (Q: Dec. 2023 ) | + | Total Liabilities (Q: Dec. 2023 ) |
= | 1032.678 | + | 749.518 | |
= | 1,782 |
* 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.
Stride (NYSE:LRN) Total Assets Explanation
Total Assets is connected with ROA %.
Stride's annualized ROA % for the quarter that ended in Dec. 2023 is
ROA % | = | Net Income (Q: Dec. 2023 ) | / | ( (Total Assets (Q: Sep. 2023 ) | + | Total Assets (Q: Dec. 2023 )) | / count ) |
= | 267.344 | / | ( (1767.645 | + | 1782.196) | / 2 ) | |
= | 267.344 | / | 1774.9205 | ||||
= | 15.06 % |
Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Stride's Asset Turnover for the quarter that ended in Dec. 2023 is
Asset Turnover | ||||||
= | Revenue (Q: Dec. 2023 ) | / | ( (Total Assets (Q: Sep. 2023 ) | + | Total Assets (Q: Dec. 2023 )) | / count ) |
= | 504.868 | / | ( (1767.645 | + | 1782.196) | / 2 ) |
= | 504.868 | / | 1774.9205 | |||
= | 0.28 |
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Thank you for viewing the detailed overview of Stride's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Robert Cohen | director | 7900 HARKINS ROAD, LANHAM MD 20706 |
Eliza Mcfadden | director | 2300 CORPORATE PARK DRIVE, HERNDON VA 20171 |
Les Ottolenghi | officer: Chief Info. & Tech. Officer | ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109 |
Vincent Mathis | officer: EVP, General Counsel | 2300 CORPORATE PARK DRIVE, HERNDON VA 20171 |
James Jeaho Rhyu | director, officer: Chief Executive Officer | 2300 CORPORATE PARK DRIVE, HERNDON VA 20171 |
Donna Blackman | officer: Chief Financial Officer | 11720 PLAZA AMERICA DRIVE, 9TH FLOOR, RESTON VA 20190 |
Ralph R Smith | director | 1615 WEST CHESTER PIKE, STE 200, WEST CHESTER PA 19382-7956 |
Allison Lawrence | director | 11720 PLAZA AMERICA DRIVE, 9TH FLOOR, RESTON VA 20190 |
Joseph A Verbrugge | director | 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020 |
Nathaniel A Davis | director, officer: Chairman and CEO | 1500 ECKINGTON PLACE NE, WASHINGTON DC 20002 |
Shaun Mcalmont | officer: EVP, Career Technical Ed. | C/O LINCOLN EDUCATIONAL SERVICES CORP., 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052 |
Kevin Chavous | director | 2300 CORPORATE PARK DRIVE, HERNDON VA 20171 |
Timothy Medina | officer: Chief Financial Officer | 2300 CORPORATE PARK DRIVE, HERNDON VA 20171 |
Victoria D Harker | director | 4300 WILSON BOULEVARD, ARLINGTON VA 22203 |
Howard D. Polsky | officer: General Counsel & Secretary | 2300 CORPORATE PARK DRIVE, HERNDON VA 20171 |
From GuruFocus
By Business Wire • 01-10-2024
By Business Wire • 12-19-2023
By Business Wire • 11-09-2023
By Business Wire • 01-04-2024
By Business Wire • 11-14-2023
By Business Wire • 11-27-2023
By Business Wire • 12-04-2023
By Business Wire • 11-29-2023
By Business Wire • 01-08-2024
By Business Wire • 01-17-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.